Enrico Renewable Energy Services Private Limited
ACTIVE
ISIN: INE0TEN07012
Issuer Details
Issuer Name
ENRICO RENEWABLE ENERGY SERV...
Type of Issuer
Non PSU
Sector
Power
Coupon Rate
-
Industry
Power
Issuer nature
Other
Corporate Identity Number (CIN)
U35106MH2023PTC411613
Name of the Lead Manager
-
Registrar
-
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.)
35.1
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
09-08-2024
Redemption Date
30-06-2044
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
all immovable properties of the Borrower, both present and future
Asset Type
Details of the security
Immovable Assets
all movable properties of the Borrower, including movable plant and machinery, machinery spares, tools and accessories, furniture, fixtures, vehicles and all other movable properties of the Borrower, both present and future
Non-Current Investments
As per PAS 4 including securities of the Borrower and the Restricted Group SPVs (as defined in the DTD) and assets of the Borrower , the Common Infra Company (as defined in the DTD) and the Restricted Group SPVs
Tangible Assets
As per PAS 4 including securities of the Borrower and the Restricted Group SPVs (as defined in the DTD) and assets of the Borrower , the Common Infra Company (as defined in the DTD) and the Restricted Group SPVs
Intangible Assets
all intangible assets of the Borrower in relation to the Project, including but not limited to, goodwill and uncalled capital, both present and future
Movable Asset
all immovable properties of the Borrower, both present and future
Current Assets
As per PAS 4 including securities of the Borrower and the Restricted Group SPVs (as defined in the DTD) and assets of the Borrower , the Common Infra Company (as defined in the DTD) and the Restricted Group SPVs
Book Debts / Receivables
all cash flows, receivables (pursuant to the Subordinated Loans or otherwise, if any), book debts and revenues and all other current assets of the Borrower of whatsoever nature and wherever arising, both present and future
Trust & Retention Account /Escrow Accounts
all the the accounts of the Borrower including those established by the Borrower under the Accounts Agreement
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.
Similar Bonds
DHFL INVESTMENTS LIMITED
ISIN: INE005X08018
Coupon Rate
9%
Face Value (in ₹)
1000000
WELSPUN AUNTA-SIMARIA PROJECT PRIVATE LIMITED
ISIN: INE002Z08077
Face Value (in ₹)
100
MJR BUILDERS PRIVATE LIMITED
ISIN: INE0NO807016
Coupon Rate
16%
Face Value (in ₹)
100000
RENEW POWER PRIVATE LIMITED
ISIN: INE003S07247
Coupon Rate
9.3%
Face Value (in ₹)
100000
About Enrico Renewable Energy Services Private Limited bond with ISIN: INE0TEN07012
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 INE0TEN07012, represents a significant financial instrument. Issued by ENRICO RENEWABLE ENERGY SERVICES PRIVATE LIMITED, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURTIY 30/06/2044.". 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, ENRICO RENEWABLE ENERGY SERVICES 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) U35106MH2023PTC411613 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of N/A 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 35.1. It was allotted on 8/9/2024 and is scheduled for redemption on 6/30/2044. 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: all immovable properties of the Borrower, both present and future – 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.