Ecap Equities Limited
INACTIVE
ISIN: INE572O07HJ4
Issuer Details
Issuer Name
ECAP EQUITIES LIMITED
Type of Issuer
Non PSU
Sector
-
Coupon Rate
GOLD FUTURE LINKED%
Industry
-
Issuer nature
-
Corporate Identity Number (CIN)
U74900MH2008PLC287466
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
SBICAP Trustee Company Limit...
Instrument Details
Instrument name as on NSDL
GOLD FUTURE LINKED SECURED R...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
10
Category of Instrument
Structured/Market Linked Deb...
Allotment Date
18-10-2021
Redemption Date
21-04-2025
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
THE DEBENTURES SHALL BE SECURED BY WAY OF A PARI PASSU MORTGAGE AND CHARGE OVER THE MORTGAGE PREMISES AS DEFINED IN THE DEBENTURE TRUST DEED A CHARGE BY WAY OF HYPOTHECATION ON THE RECEIVABLES, STOCK IN TRADE, LOANS AND INVESTMENTS TO THE EXTENT EQUAL TO THE PRINCIPAL AND INTEREST AMOUNTS OF THE DEBENTURES OUTSTANDING AT ANY POINT OF TIME. THE SECURITY WAS ALREADY CREATED PURSUANT TO THE DEBENTURE TRUST DEED DATED MAY 10, 2019.FOR MORE DETAILS PLEASE CONTACT TO ISSUER.
Asset Type
Details of the security
THE DEBENTURES SHALL BE SECURED BY WAY OF A PARI PASSU MORTGAGE AND CHARGE OVER THE MORTGAGE PREMISES AS DEFINED IN THE DEBENTURE TRUST DEED A CHARGE BY WAY OF HYPOTHECATION ON THE RECEIVABLES, STOCK IN TRADE, LOANS AND INVESTMENTS TO THE EXTENT EQUAL TO THE PRINCIPAL AND INTEREST AMOUNTS OF THE DEBENTURES OUTSTANDING AT ANY POINT OF TIME. THE SECURITY WAS ALREADY CREATED PURSUANT TO THE DEBENTURE TRUST DEED DATED MAY 10, 2019.FOR MORE DETAILS PLEASE CONTACT TO ISSUER.
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About Ecap Equities Limited bond with ISIN: INE572O07HJ4
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 INE572O07HJ4, represents a significant financial instrument. Issued by ECAP EQUITIES LIMITED, it comes with the following description: "GOLD FUTURE LINKED SECURED RATED UNLISTED PRINCIPAL PROTECTED MARKET LINKED REDEEMABLE NON CONVERTIBLE DEBENTURE.SERIES E4J101A.DATE OF MATURITY 21/04/2025". 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, ECAP EQUITIES LIMITED, 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) U74900MH2008PLC287466 further bolster its credibility. With a coupon rate of GOLD FUTURE LINKED, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of SBICAP Trustee Company Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 10. It was allotted on 10/18/2021 and is scheduled for redemption on 4/21/2025. 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 A+ as provided by Acuite Ratings And Research Limited. In the market, ratings typically range from D to AAA, and a rating of A+ 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 A PARI PASSU MORTGAGE AND CHARGE OVER THE MORTGAGE PREMISES AS DEFINED IN THE DEBENTURE TRUST DEED A CHARGE BY WAY OF HYPOTHECATION ON THE RECEIVABLES, STOCK IN TRADE, LOANS AND INVESTMENTS TO THE EXTENT EQUAL TO THE PRINCIPAL AND INTEREST AMOUNTS OF THE DEBENTURES OUTSTANDING AT ANY POINT OF TIME. THE SECURITY WAS ALREADY CREATED PURSUANT TO THE DEBENTURE TRUST DEED DATED MAY 10, 2019.FOR MORE DETAILS PLEASE CONTACT TO ISSUER. – 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 ISIN_AllotmentConfirmation_CA20102021_1, Acuite Ratings And Research Limited_07-06-2024, Acuite Ratings And Research Limited_12-12-2023, Acuite Ratings And Research Limited_20-07-2023, Acuite Ratings And Research Limited_04-07-2023, Acuite Ratings And Research Limited_08-05-2023, Acuite Ratings And Research Limited_21-12-2022, Acuite Ratings And Research Limited_05-08-2022. 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 INE468N07029 having a coupon rate of 2% and the bond with ISIN INE468N07037 having a coupon rate of NIFTY 50 LINKED and the bond with ISIN INE468N07227 having a coupon rate of Nifty 50 index and the bond with ISIN INE468N07300 having a coupon rate of GOVERNMENT SECURITY. 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.