Edel Finance Company Limited

About Edel Finance Company Limited bond with ISIN: INE836K07015

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 INE836K07015, represents a significant financial instrument. Issued by EDEL FINANCE COMPANY LIMITED, it comes with the following description: "10.18% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 27/04/2027. ". 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, EDEL FINANCE COMPANY 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) U65920MH1989PLC053909 further bolster its credibility. With a coupon rate of 10.18, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of Beacon Trusteeship Ltd, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 200. It was allotted on 6/27/2022 and is scheduled for redemption on 4/27/2027. 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 A+ as provided by CRISIL RATINGS 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: EQUITY SHARES OF EDELWEISS RURAL & CORPORATE SERVICES LIMITED HELD BY EDEL FINANCE COMPANY 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. The bond is supported by a variety of documents including Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, CRISIL RATINGS LIMITED_07-06-2024, Acuite Ratings And Research Limited_07-06-2024, Acuite Ratings And Research Limited_-, 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_05-08-2022, CRISIL RATINGS LIMITED_18-12-2023. 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 INE836K08039 having a coupon rate of N/A and the bond with ISIN INE836K08039 having a coupon rate of N/A and the bond with ISIN INE836K08039 having a coupon rate of N/A and the bond with ISIN INE836K07163 having a coupon rate of 10.91%. 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.