Elan Prestige Private Limited
ACTIVE
ISIN: INE1ZDV07012
Issuer Details
Issuer Name
ELAN PRESTIGE PRIVATE LIMITE...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
18.5%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U68200HR2025PTC131321
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
18.50% SECURED UNRATED UNLIS...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
300
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
05-07-2025
Redemption Date
05-07-2030
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
post dated cheques to be issued by Elan Prestige Private Limited
Asset Type
Details of the security
Intangible Assets
first ranking exclusive mortgage over developmental rights of Elan Prestige Private Limited on the Project 1 proposed to be developed by Elan Prestige Private Limited on Project Property 1 in favour of the Debenture Trustee by actual delivery
Intangible Assets
first ranking exclusive pledge over the ELAN ENCLAVE PRIVATE LIMITED Securities in favour of the Debenture Trustee
Book Debts / Receivables
first ranking exclusive hypothecation over Project 1 Receivables in favour of the Debenture Trustee
Book Debts / Receivables
second ranking exclusive hypothecation on ELAN AVENUE LIMITED Project Receivables in favour of the Common Security Trustee (acting on behalf of the Debenture Trustee)
Others, Please Specify
corporate guarantees from Elan Limited, ELAN AVENUE LIMITED and ELAN ENCLAVE PRIVATE LIMITED
Immovable Assets
second ranking mortgage on the rights and title of ELAN AVENUE LIMITED on ELAN AVENUE LIMITED Projects in favour of the Common Security Trustee (acting on behalf of the Debenture Trustee) by constructive delivery
Intangible Assets
second ranking pledge over the ELAN AVENUE LIMITED Securities, in favour of the Common Security Trustee (acting on behalf of the Debenture Trustee)
Others, Please Specify
personal guarantees from Mr. Rakesh Kapoor, Mr. Ravish Kapoor and Mr. Akash Kapoor
Intangible Assets
first ranking exclusive mortgage over the development rights of ELAN ENCLAVE PRIVATE LIMITED on Project 2 proposed to be developed on Project Property 2 in favour of the Debenture Trustee by actual delivery
Others, Please Specify
post dated cheques to be issued by Elan Prestige Private Limited
Immovable Assets
first ranking exclusive mortgage created by the Power of Attorney Holder being Elan Prestige Private Limited, on rights in the rights, title, interest of each of the LOCs in the underlying land comprising the Project Property 1 in favour of the Debenture Trustee by actual delivery
Intangible Assets
first ranking exclusive pledge over the Elan Prestige Private Limited Securities in favour of the Debenture Trustee
Book Debts / Receivables
first ranking exclusive hypothecation on the Project 2 Receivables in favour of the Debenture Trustee
Others, Please Specify
demand promissory note and letter of continuity, to be issued by each of the security
Others, Please Specify
such other security interest and contractual comforts as may be agreed with the Debenture Trustee in relation to the Debentures
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About Elan Prestige Private Limited bond with ISIN: INE1ZDV07012
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 INE1ZDV07012, represents a significant financial instrument. Issued by ELAN PRESTIGE PRIVATE LIMITED, it comes with the following description: "18.50% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE DATE OF MATURITY 05/07/2030". 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 PRESTIGE 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) U68200HR2025PTC131321 further bolster its credibility. With a coupon rate of 18.5, 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 100000 with an issue size of 300. It was allotted on 7/5/2025 and is scheduled for redemption on 7/5/2030. 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: post dated cheques to be issued by Elan Prestige Private Limited – 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.