Dmi Finance Private Limited

About Dmi Finance Private Limited bond with ISIN: INE604O07167

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 INE604O07167, represents a significant financial instrument. Issued by DMI FINANCE PRIVATE LIMITED, it comes with the following description: "GSEC LINKED SECURED RATED LISTED PRINCIPAL PROTECTED MARKET LINKED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. DATE OF MATURITY 21/10/2024.". 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, DMI FINANCE 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) U65929DL2008PTC182749 further bolster its credibility. With a coupon rate of G Sec 2032, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai 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 150. It was allotted on 10/21/2022 and is scheduled for redemption on 10/21/2024. Categorized under "STRUCTURED/MARKET LINKED DEBENTURES (MLDS)" 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 Debentures shall be secured by way of (i) a first ranking exclusive and continuing charge to be created in favour of the debenture trustee pursuant to an unattested deed of hypothecation over the receivables (both present and future) arising, inter alia, out of identified book debts/loans of the Company, identified non convertible debentures/short term instruments subscribed to by the Company, and fixed deposits placed by the Company, and (ii) such other security interest as may be agreed. – 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_24-10-2024, ICRA LIMITED_06-03-2024, ICRA LIMITED_17-11-2023, ICRA LIMITED_29-09-2023, ICRA LIMITED_24-02-2023. 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 INE604O08132 having a coupon rate of 9.8% and the bond with ISIN INE604O07175 having a coupon rate of 9.75% and the bond with ISIN INE604O08140 having a coupon rate of 9.8% and the bond with ISIN INE604O07183 having a coupon rate of 9.8%. 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.