Edelweiss Global Wealth Management Limited
ACTIVE
ISIN: INE527L07018
Issuer Details
Issuer Name
EDELWEISS GLOBAL WEALTH MANA...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
15%
Industry
Finance
Issuer nature
-
Corporate Identity Number (CIN)
U67100TG2007PLC112499
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
15% SECURED UNRATED UNLISTED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
250
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
12-07-2023
Redemption Date
31-12-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
In accordance with the terms of the Deed of Hypothecation a first ranking exclusive Security by way of hypothecation over the GMR Debenture Finance Documents and all receivables proceeds and related rights
Asset Type
Details of the security
Non-Current Investments
In accordance with the Issuer Pledge Agreement a first ranking exclusive Security by way of a pledge over the GMR Debentures In accordance with the Nuvama Share Pledge Agreement a first ranking exclusive Security over the Nuvama Shares held by the Nuvama Pledgor
Trust & Retention Account /Escrow Accounts
In accordance with the terms of the Deed of Hypothecation a first ranking exclusive Security by way of hypothecation over the Accounts and all proceeds and related rights
Movable Asset
In accordance with the terms of the DoH a first ranking exclusive Security by way of hypothecation over the GMR Debenture Finance Documents and all receivables proceeds and related rights and the Accounts and all proceeds and related rights and certain other movable property of the Issuer excluding the Excluded Assets In accordance with the terms of the Deed of Hypothecation a first ranking exclusive Security by way of hypothecation over the Specified Investment and proceeds and related rights
Book Debts / Receivables
In accordance with the terms of the Deed of Hypothecation a first ranking exclusive Security by way of hypothecation over the GMR Debenture Finance Documents and all receivables proceeds and related rights
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About Edelweiss Global Wealth Management Limited bond with ISIN: INE527L07018
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 INE527L07018, represents a significant financial instrument. Issued by EDELWEISS GLOBAL WEALTH MANAGEMENT LIMITED, it comes with the following description: "15% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 1 DATE OF MATURITY 31/12/2025". 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 GLOBAL WEALTH MANAGEMENT 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) U67100TG2007PLC112499 further bolster its credibility. With a coupon rate of 15, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai 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 1000000 with an issue size of 250. It was allotted on 7/12/2023 and is scheduled for redemption on 12/31/2025. 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. No credit rating information is available for this bond. 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 accordance with the terms of the Deed of Hypothecation a first ranking exclusive Security by way of hypothecation over the GMR Debenture Finance Documents and all receivables proceeds and related rights – 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. There are no additional documents available for this bond. 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 INE527L08032 having a coupon rate of 0.01%. 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.