Eduspark International Private Limited
ACTIVE
ISIN: INE707P07017
Issuer Details
Issuer Name
EDUSPARK INTERNATIONAL PRIVA...
Type of Issuer
Non PSU
Sector
Consumer Services
Coupon Rate
RESET RATE - 9.05% WITH RESE...
Industry
Other Consumer Services
Issuer nature
Other
Corporate Identity Number (CIN)
U80300MH2005PTC153690
Name of the Lead Manager
-
Registrar
Bigshare Services Pvt. Limit...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
RESET RATE SECURED UNRATED U...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
969
Category of Instrument
Plain Vanilla Debentures
Allotment Date
30-06-2022
Redemption Date
31-03-2036
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
N.A.
Asset Type
Details of the security
Immovable Assets - Properties
All the immoveable properties located at HSR-III (Only Land), Marathahalli & Vadodara
Movable Asset - Machineries & Plant
All the moveable properties (including furniture and fixtures) and assets, both present and future of the Projects including school properties owned by EIPL/ Trusts and any third party
Book Debts / Receivables
All the revenues and receivables/cash flows/bank accounts of the Projects (except cash flows of Primary & Secondary segment operated by Trusts) both present and future
Trust & Retention Account /Escrow Accounts
All the cash inflows of the Project in the Trust & Retention Account
Immovable Assets - Properties
All the immoveable properties located at HSR-III (Only Land), Marathahalli & Vadodara
Book Debts / Receivables
All the revenues and receivables/cash flows/bank accounts of the Projects (except cash flows of Primary & Secondary segment operated by Trusts) both present and future
Movable Asset - Machineries & Plant
All the moveable properties (including furniture and fixtures) and assets, both present and future of the Projects including school properties owned by EIPL/ Trusts and any third party
Trust & Retention Account /Escrow Accounts
All the cash inflows of the Project in the Trust & Retention Account
Movable Asset - Machineries & Plant
All the moveable properties (including furniture and fixtures) and assets, both present and future of the Projects including school properties owned by EIPL/ Trusts and any third party
Book Debts / Receivables
All the revenues and receivables/cash flows/bank accounts of the Projects (except cash flows of Primary & Secondary segment operated by Trusts) both present and future
Trust & Retention Account /Escrow Accounts
All the cash inflows of the Project in the Trust & Retention Account
Immovable Assets - Properties
All the immoveable properties located at HSR-III (Only Land), Marathahalli & Vadodara
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About Eduspark International Private Limited bond with ISIN: INE707P07017
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 INE707P07017, represents a significant financial instrument. Issued by EDUSPARK INTERNATIONAL PRIVATE LIMITED, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I-2022. DATE OF MATURITY 31/03/2036". 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, EDUSPARK INTERNATIONAL PRIVATE 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) U80300MH2005PTC153690 further bolster its credibility. With a coupon rate of RESET RATE - 9.05% WITH RESET EVERY 5 YEARS FROM DEEMED DATE OF ALLOTMENT, this instrument has been meticulously managed with the assistance of Bigshare Services Pvt. 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 1000000 with an issue size of 969. It was allotted on 6/30/2022 and is scheduled for redemption on 3/31/2036. 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 INDIA RATING AND RESEARCH PVT. LTD. 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: N.A. – 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 INDIA RATING AND RESEARCH PVT. LTD_08-08-2024, INDIA RATING AND RESEARCH PVT. LTD_01-12-2023, INDIA RATING AND RESEARCH PVT. LTD_14-09-2022. 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 INE005X08018 having a coupon rate of 9% and the bond with ISIN INE002Z08077 having a coupon rate of N/A and the bond with ISIN INE0NO807016 having a coupon rate of 16% and the bond with ISIN INE003S07247 having a coupon rate of 9.3%. 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.