Divyasree Developers Private Limited
ACTIVE
ISIN: INE19FY07015
Issuer Details
Issuer Name
DIVYASREE DEVELOPERS PRIVATE...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
-
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U70200KA1995PTC018485
Name of the Lead Manager
-
Registrar
Integrated Enterprises (Indi...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
16.75% SECURED UNRATED UNLIS...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
640
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
30-04-2025
Redemption Date
31-03-2030
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
225%
Details of Asset Cover
Additional collateral security of land ad measuring an aggregate of 9 Acre 35 Guntas held by SHYAMARAJU AND COMPANY (INDIA) PRIVATE LIMITED
Asset Type
Details of the security
Immovable Assets
Additional collateral security of land ad measuring an aggregate of 9 Acre 35 Guntas held by SHYAMARAJU AND COMPANY (INDIA) PRIVATE LIMITED
Immovable Assets
Sole and Exclusive First charge through Mortgage of Property situated at Chikkathirupathi, Bangalore Rural and Akklenahalli and Mallenahallil Village, Devanahalli, Bangalore Rural Project and Projects development rights on the Mortgage Properties
Trust & Retention Account /Escrow Accounts
Sole & Exclusive First charge through hypothecation of Escrow account to be opened for routing the cash flows of Projects (Project Cash Flows)
Book Debts / Receivables
Sole & Exclusive First charge through hypothecation on the cash flows of Project (Project Cash Flows) along with escrow of the same
Others, Please Specify
Hypothecation of partnership interest by Divyasree Indus Golf & Lifestyle Projects and Concord Investments, and other security as per the enclosed term sheet
Others, Please Specify
Pledge of 100% shares of the Issuer
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About Divyasree Developers Private Limited bond with ISIN: INE19FY07015
In the competitive landscape of fixed income securities, detailed and comprehensive information is vital for both investors and market analysts. This bond, identified by the unique ISIN INE19FY07015, represents a significant financial instrument. Issued by DIVYASREE DEVELOPERS PRIVATE LIMITED, it comes with the following description: "16.75% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 31/03/2030". Although the bond is currently marked as active, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, DIVYASREE DEVELOPERS PRIVATE LIMITED, classified as Non PSU, plays an essential role in the market despite some details such as sector, industry, and issuer nature not being explicitly provided. Key identifiers like the Corporate Identification Number (CIN) U70200KA1995PTC018485 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of Integrated Enterprises (India) Ltd., Bangalore and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 640. It was allotted on 4/30/2025 and is scheduled for redemption on 3/31/2030. Categorized under "PLAIN VANILLA DEBENTURES" and defined as Secured, the instrument is structured to meet specific investment objectives. Although options such as call or put are not applicable in this instance, the core attributes remain detailed and robust. A critical element in evaluating any fixed income instrument is its credit rating. No credit rating information is available for this bond. This insight helps potential investors understand that while the ratings spectrum is broad, a lower rating can indicate higher risk, prompting careful consideration before investing. The security measures add another layer of assurance. The asset cover is described as follows: Additional collateral security of land ad measuring an aggregate of 9 Acre 35 Guntas held by SHYAMARAJU AND COMPANY (INDIA) PRIVATE LIMITED – a feature that, while requiring further inquiry for complete details, underscores the issuer’s commitment to providing some level of investor protection. Furthermore, the bond is supported by several documents. There are no additional documents available for this bond. These documents serve as a reference for additional details and provide transparency to interested parties. No similar bonds are listed at this time. Such comparable instruments offer a broader perspective on market positioning and allow investors to perform benchmark analysis. This detailed description is crafted to meet rigorous content standards and to offer exhaustive insights into every facet of the bond’s structure. Investors, analysts, and researchers alike can derive substantial value from this narrative, which underscores both the instrument’s inherent characteristics and its broader market positioning. Such elaborate coverage enhances investor confidence by providing a rich, comprehensive content base. Every element from issuance details to security measures and comparative insights is meticulously presented to facilitate an informed and robust market understanding.