Edelweiss Asset Reconstruction Co. Ltd
ACTIVE
ISIN: INE015L07667
Issuer Details
Issuer Name
EDELWEISS ASSET RECONSTRUCTI...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
2%
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
SBICAP Trustee Company Limit...
Instrument Details
Instrument name as on NSDL
2% SECURED UNLISTED REDEEMAB...
Face Value (in ₹)
35232
Total Issue size( in ₹ Cr.)
11.1988544
Category of Instrument
-
Allotment Date
29-03-2019
Redemption Date
28-03-2029
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
MORTGAGE OVER THE MORTGAGED PROPERTY T BE CREATED IN TERMS OF THE DEBENTURE TRUST DEED. CONTACT ISSUER FOR MORE DETAILS
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About Edelweiss Asset Reconstruction Co. Ltd bond with ISIN: INE015L07667
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 INE015L07667, represents a significant financial instrument. Issued by EDELWEISS ASSET RECONSTRUCTION CO. LTD, it comes with the following description: "2% SECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 28/03/2029". 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 2%, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of SBICAP Trustee Company Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 35232 with an issue size of 11.1988544. It was allotted on 3/29/2019 and is scheduled for redemption on 3/28/2029. 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 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: MORTGAGE OVER THE MORTGAGED PROPERTY T BE CREATED IN TERMS OF THE DEBENTURE TRUST DEED. CONTACT ISSUER FOR MORE 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 CRISIL RATINGS LIMITED_07-06-2024. 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 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 and the bond with ISIN INE015L07386 having a coupon rate of NIFTY 10YR G-SEC INDEX LINKED. 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.