Edel Finance Company Limited
ACTIVE
ISIN: INE836K07270
Issuer Details
Issuer Name
EDEL FINANCE COMPANY LIMITED
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
-
Industry
Finance
Issuer nature
-
Corporate Identity Number (CIN)
U65920MH1989PLC053909
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
SECURED RATED LISTED REDEEMA...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
50
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
21-05-2025
Redemption Date
20-08-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
In consideration of the Debenture Holders subscribing to the Debentures and to secure the performance and payment/repayment towards Debentures under the Transaction Documents, the Company, in its sole discretion, shall ensure creation of such Security Interest detailed below in favour of the Debenture Trustee and shall maintain the security cover of 1x sufficient to discharge the principal and interest amount at all times for all its then outstanding Debentures under this Deed in accordance with
Asset Type
Details of the security
Others, Please Specify
In consideration of the Debenture Holders subscribing to the Debentures and to secure the performance and payment/repayment towards Debentures under the Transaction Documents, the Company, in its sole discretion, shall ensure creation of such Security Interest detailed below in favour of the Debenture Trustee and shall maintain the security cover of 1x sufficient to discharge the principal and interest amount at all times for all its then outstanding Debentures under this Deed in accordance with
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About Edel Finance Company Limited bond with ISIN: INE836K07270
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 INE836K07270, represents a significant financial instrument. Issued by EDEL FINANCE COMPANY LIMITED, it comes with the following description: "SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES G7E503A DATE OF MATURITY 20/08/2027". 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 N/A, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited), ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 50. It was allotted on 5/21/2025 and is scheduled for redemption on 8/20/2027. 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 ICRA 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: In consideration of the Debenture Holders subscribing to the Debentures and to secure the performance and payment/repayment towards Debentures under the Transaction Documents, the Company, in its sole discretion, shall ensure creation of such Security Interest detailed below in favour of the Debenture Trustee and shall maintain the security cover of 1x sufficient to discharge the principal and interest amount at all times for all its then outstanding Debentures under this Deed in accordance with – 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 ICRA LIMITED_-. 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.