Dlf Cyber City Developers Ltd

About Dlf Cyber City Developers Ltd bond with ISIN: INE186K07072

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 INE186K07072, represents a significant financial instrument. Issued by DLF CYBER CITY DEVELOPERS LTD, it comes with the following description: "3 MONTHS MIBOR LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 16/05/2025.". Although the bond is currently marked as inactive, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, DLF CYBER CITY DEVELOPERS LTD, classified as N/A, 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) U45201HR2006PLC036074 further bolster its credibility. With a coupon rate of MIBOR, this instrument has been meticulously managed with the assistance of Alankit Assignments Limited and under the oversight of Axis Trustee Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 1150. It was allotted on 11/29/2022 and is scheduled for redemption on 5/16/2025. 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. The bond carries a credit rating of AA+ as provided by ICRA LIMITED. In the market, ratings typically range from D to AAA, and a rating of AA+ is generally considered to be on the riskier end of the spectrum. 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: The Secured NCDs inter alia will be secured by a) First ranking pari passu charge by way of equitable mortgage of Building Nos. 10B and 10C, situated at DLF Cyber City, Gurugram hereinafter referred to as (the Project) (along with proportionate underlying undivided land and proportionate parking space with easement rights on common areas, common parking spaces, right of ingress and egress), owned by the Company (collectively referred to as the Mortgaged Property) b) First ranking pari passu char – 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. The bond is supported by a variety of documents including Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, ICRA LIMITED_27-12-2023, ICRA LIMITED_17-11-2023, ICRA LIMITED_01-08-2023, ICRA LIMITED_28-03-2023, ICRA LIMITED_28-03-2023. These documents serve as a reference for additional details and provide transparency to interested parties. Additionally, there are similar bonds in the market such as the bond with ISIN INE186K07122 having a coupon rate of 6.92% and the bond with ISIN INE186K07114 having a coupon rate of N/A and the bond with ISIN INE186K07106 having a coupon rate of NA and the bond with ISIN INE186K07080 having a coupon rate of N/A. 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.