Edelweiss Asset Reconstruction Co. Ltd
ACTIVE
ISIN: INE015L07279
Issuer Details
Issuer Name
EDELWEISS ASSET RECONSTRUCTI...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
10%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U67100MH2007PLC174759
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
SBI CAP TRUSTEE CO.LTD
Instrument Details
Instrument name as on NSDL
10% SECURED REDEEMABLE NON C...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
5
Category of Instrument
-
Allotment Date
04-07-2016
Redemption Date
29-06-2026
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
(a) A PARI-PASSU CHARGE ON IMMOVABLE PROPERTY (b) HYPOTHECATION OF THE SECURITY RECEIPTS AND (c) UNCONDITIONAL AND IRREVOCABLE GUARANTEE ISSUED BY EDELWEISS FINANCIAL SERVICES LIMITED IN FAVOUR OF THE DEBENTURE TRUSTEE FOR THE BENIFIT OF THE DEBENTURE HOLDERS..CONTACT ISSUER FOR FURTHER DETAILS
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About Edelweiss Asset Reconstruction Co. Ltd bond with ISIN: INE015L07279
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 INE015L07279, represents a significant financial instrument. Issued by EDELWEISS ASSET RECONSTRUCTION CO. LTD, it comes with the following description: "10% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES F6G602A. DATE OF MATURITY 29/06/2026". 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, EDELWEISS ASSET RECONSTRUCTION CO. LTD, 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) U67100MH2007PLC174759 further bolster its credibility. With a coupon rate of 10%, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of SBI CAP TRUSTEE CO.LTD, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 5. It was allotted on 7/4/2016 and is scheduled for redemption on 6/29/2026. Categorized under "N/A" 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: (a) A PARI-PASSU CHARGE ON IMMOVABLE PROPERTY (b) HYPOTHECATION OF THE SECURITY RECEIPTS AND (c) UNCONDITIONAL AND IRREVOCABLE GUARANTEE ISSUED BY EDELWEISS FINANCIAL SERVICES LIMITED IN FAVOUR OF THE DEBENTURE TRUSTEE FOR THE BENIFIT OF THE DEBENTURE HOLDERS..CONTACT ISSUER FOR FURTHER DETAILS – 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_28-12-2023, CARE Ratings Limited_08-10-2024, CARE Ratings Limited_06-06-2024, CARE Ratings Limited_03-01-2024, CARE Ratings Limited_06-10-2022, ICRA LIMITED_22-06-2023, ICRA LIMITED_22-06-2023, ICRA LIMITED_22-06-2023, ICRA LIMITED_22-06-2023, ICRA LIMITED_22-06-2023, ICRA LIMITED_22-06-2023, ICRA LIMITED_22-06-2023, ICRA LIMITED_24-06-2022, ICRA LIMITED_24-06-2022, ICRA LIMITED_24-06-2022, ICRA LIMITED_24-06-2022, ICRA LIMITED_24-06-2022. 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 INE015L07204 having a coupon rate of 10% and the bond with ISIN INE015L07667 having a coupon rate of 2% and the bond with ISIN INE015L07725 having a coupon rate of NIFTY 10 YEAR BENCHMARK G-SEC INDEX and the bond with ISIN INE015L07733 having a coupon rate of NIFTY 10 YR BENCHMARK G-SEC (CLEAN PRICE) INDEX. 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.