Edelweiss Financial Services Limited

About Edelweiss Financial Services Limited bond with ISIN: INE532F07CT6

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 INE532F07CT6, represents a significant financial instrument. Issued by EDELWEISS FINANCIAL SERVICES LIMITED, it comes with the following description: "9.30% SECURED RATED LISTED REDEEMABLE MONTHLY NON CONVERTIBLE DEBENTURE.SERIES IX TRANCHE I.DATE OF MATURITY 28/12/2031 ". 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 FINANCIAL SERVICES LIMITED, 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) L99999MH1995PLC094641 further bolster its credibility. With a coupon rate of 9.30%, 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 1000 with an issue size of 31.1027. It was allotted on 12/28/2021 and is scheduled for redemption on 12/28/2031. 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: THE PRINCIPAL AMOUNT OF THE NCDS TO BE ISSUED IN TERMS OF THIS TRANCHE 1 PROSPECTUS TOGETHER WITH ALL INTEREST DUE AND PAYABLE ON THE NCDS, THEREOF SHALL BE SECURED BY WAY OF PARI-PASSU/ SPECIFIED CHARGE IN FAVOUR OF THE DEBENTURE TRUSTEE ON AN IDENTIFIED IMMOVABLE PROPERTY AND/OR FUTURE RECEIVABLES OF OUR COMPANY, CREATED IN FAVOUR OF THE DEBENTURE TRUSTEE, AS SPECIFICALLY SET OUT IN AND FULLY DESCRIBED IN THE DEBENTURE TRUST DEED, , FOR MORE DETAILS PLEASE CONTCT 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 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_18-12-2023, Acuite Ratings And Research Limited_20-07-2023, Acuite Ratings And Research Limited_03-07-2023, 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 INE532F07GZ4 having a coupon rate of N/A and the bond with ISIN INE532F07GR1 having a coupon rate of N/A and the bond with ISIN INE532F07GV3 having a coupon rate of N/A and the bond with ISIN INE532F07DX6 having a coupon rate of 10%. 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.