Elan Malls Private Limited
ACTIVE
ISIN: INE1Z4L07014
Issuer Details
Issuer Name
ELAN MALLS PRIVATE LIMITED
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
15.75%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U68100HR2025PTC131377
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
15.75% SECURED UNRATED UNLIS...
Face Value (in ₹)
100
Total Issue size( in ₹ Cr.)
140
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
26-06-2025
Redemption Date
25-06-2028
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
Mortgage on the land parcel admeasuring approx. 1.46 acres on which Elan Empire (Project) is being developed by Elan City LLP
Asset Type
Details of the security
Others, Please Specify
Unconditional and irrevocable personal guarantee provided by Mr. Rakesh Kapoor, Mr. Ravish Kapoor and Mr. Akash Kapoor
Book Debts / Receivables
Charge over the entire receivables from the Project (Sold and Unsold) together with all general assets and entire partnership interest of Elan City LLP.
Others, Please Specify
Demand promissory note and letter of continuity from Elan Malls Private Limited.
Immovable Assets
Mortgage on the land parcel admeasuring approx. 1.46 acres on which Elan Empire (Project) is being developed by Elan City LLP
Intangible Assets
Pledge over 100% of the issued and paid up equity share capital shares of Elan Malls Private Limited
Others, Please Specify
Unconditional and irrevocable corporate guarantee provided by Elan Limited and Elan City LLP
Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.
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About Elan Malls Private Limited bond with ISIN: INE1Z4L07014
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 INE1Z4L07014, represents a significant financial instrument. Issued by ELAN MALLS PRIVATE LIMITED, it comes with the following description: "15.75% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE LETTER OF ALLOTMENT DATE OF MATURITY 25/06/2028". 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, ELAN MALLS 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) U68100HR2025PTC131377 further bolster its credibility. With a coupon rate of 15.75, this instrument has been meticulously managed with the assistance of N/A and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100 with an issue size of 140. It was allotted on 6/26/2025 and is scheduled for redemption on 6/25/2028. 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: Mortgage on the land parcel admeasuring approx. 1.46 acres on which Elan Empire (Project) is being developed by Elan City LLP – 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 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.