Dynamix Contractors & Builders Private Limited
ACTIVE
ISIN: INE03RF07013
Issuer Details
Issuer Name
DYNAMIX CONTRACTORS & BUILDE...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
-
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U45400MH2007PTC176105
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
RESET RATE SECURED UNRATED U...
Face Value (in ₹)
10000000
Total Issue size( in ₹ Cr.)
80
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
29-06-2023
Redemption Date
29-09-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
Exclusive first ranking charge on all cash flows of the Project (sold and unsold receivables) and all movables and fixed assets of the Issuer by way of a Deed of Hypothecation along with complete escrow of the Designated Cash Flows
Asset Type
Details of the security
Book Debts / Receivables
Hypothecation of Designated Cash flows: Exclusive first ranking charge on all cash flows of the Project (sold and unsold receivables) and all movables and fixed assets of the Issuer by way of a Deed of Hypothecation along with complete escrow of the Designated Cash Flows
Movable Asset
Exclusive first ranking charge on all cash flows of the Project (sold and unsold receivables) and all movables and fixed assets of the Issuer by way of a Deed of Hypothecation along with complete escrow of the Designated Cash Flows
Others, Please Specify
Unconditional and irrevocable Guarantee by the Personal Guarantors and Corporate Guarantors, 100% Share Pledge of the Issuer Charge by way of pledge over 100% issued and paid up share capital on fully diluted basis of the Issuer through Share Pledge Agreement and Power of Attorney executed in favour of the Debenture Trustee, Demand Promissory Notes along with two sets of PDCs from the Issuer for 100% of interest and principal amounts and 100% of principal amounts each, Charge on insurance policies in respect of the Project, Lien over DSRA, First ranking exclusive charge over the Escrow bank accounts via an escrow agreement, Cross collateralization as detailed in clause 19, Any other Security, as may be required
Tangible Assets
Exclusive first ranking charge on all cash flows of the Project (sold and unsold receivables) and all movables and fixed assets of the Issuer by way of a Deed of Hypothecation along with complete escrow of the Designated Cash Flows
Current Assets
As per Mentioned in Term sheet
Trust & Retention Account /Escrow Accounts
As per Mentioned in Term sheet
Immovable Assets
Registered Mortgage over Project: First and Exclusive charge by way of registered mortgage on the Project Land and the Development Rights of the Project Divum, First and exclusive charge by way of mortgage over the ownership/development rights of the Aniline Properties Pvt. Ltd. on the Project Land and the Project together with all present and future constructions forming in the Project along with all Existing Unsold Units therein, Additional Collateral: First ranking charge on amount of Rs. 25crs receivable by Akshay Sthapatya Pvt. Ltd. from Embellish Houses LLP by way Deed of Hypothecation. Registered mortgage over property being all that piece and parcel of land admeasuring 4273.75 sq. mtrs. bearing CTS No. 845 pt situate, lying and being at Goregaon Mulund link Road, Malad East, Mumbai 400097
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About Dynamix Contractors & Builders Private Limited bond with ISIN: INE03RF07013
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 INE03RF07013, represents a significant financial instrument. Issued by DYNAMIX CONTRACTORS & BUILDERS PRIVATE LIMITED, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES A.DATE OF MATURITY 29/09/2025.". 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, DYNAMIX CONTRACTORS & BUILDERS 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) U45400MH2007PTC176105 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 10000000 with an issue size of 80. It was allotted on 6/29/2023 and is scheduled for redemption on 9/29/2025. 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. 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: Exclusive first ranking charge on all cash flows of the Project (sold and unsold receivables) and all movables and fixed assets of the Issuer by way of a Deed of Hypothecation along with complete escrow of the Designated Cash Flows – 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. Additionally, there are similar bonds in the market such as the bond with ISIN INE03RF07021 having a coupon rate of 16.25%. 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.