Fabworth Promoters Private Limited
ACTIVE
ISIN: INE229M07019
Issuer Details
Issuer Name
FABWORTH PROMOTERS PRIVATE L...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
-
Industry
-
Issuer nature
-
Corporate Identity Number (CIN)
U70109WB2006PTC165835
Name of the Lead Manager
-
Registrar
MCS Share Transfer Agent Lim...
Name of Debenture Trustee
PNBINVESTMENTSERVICESLTD.
Instrument Details
Instrument name as on NSDL
RESET RATE SECURED UNRATED U...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
0.01
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
17-08-2023
Redemption Date
31-03-2040
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
First charge on all current assets and other fixed/movable assets (present and future) pertaining to the Project
Asset Type
Details of the security
Current Assets
First charge on all current assets and other fixed/movable assets (present and future) pertaining to the Project
Others, Please Specify
Pledge of 30% shareholding of the Company held by Mani Square Limited
Immovable Assets
First charge by way of Equitable mortgage on the Land & Building of the Hotel Project and unsold portion of land and building of the Service Apartments Service Apartment in the name of Vivara measuring 5.61 acres situated at 4A, J.B.S. Haldane Avenue, Kolkata 105, P.S Tiljala over plot nos 208(P), 209 (P), 210 to 215, 222(P), 223, 225,226,227,228, 229(P), 230, 231 (P), 232 (P), 347, 224 First mortgage charge by way of Equitable Mortgage on the land and building of the Hotel.
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About Fabworth Promoters Private Limited bond with ISIN: INE229M07019
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 INE229M07019, represents a significant financial instrument. Issued by FABWORTH PROMOTERS PRIVATE LIMITED, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 31/03/2040". 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, FABWORTH PROMOTERS PRIVATE 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) U70109WB2006PTC165835 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of MCS Share Transfer Agent Limited and under the oversight of PNBINVESTMENTSERVICESLTD., ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 0.01. It was allotted on 8/17/2023 and is scheduled for redemption on 3/31/2040. 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 BBB- as provided by INDIA RATING AND RESEARCH PVT. LTD. In the market, ratings typically range from D to AAA, and a rating of BBB- 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: First charge on all current assets and other fixed/movable assets (present and future) pertaining to the Project – 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_-, CARE Ratings Limited_19-09-2024. These documents serve as a reference for additional details and provide transparency to interested parties. No similar bonds are listed at this time. 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.