Farmart Service Private Limited
ACTIVE
ISIN: INE0L0007016
Issuer Details
Issuer Name
FARMART SERVICE PRIVATE LIMI...
Type of Issuer
Non PSU
Sector
Diversified
Coupon Rate
14.9%
Industry
Diversified
Issuer nature
Other
Corporate Identity Number (CIN)
U01403UP2015PTC075364
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
Axis Trustee Services Limite...
Instrument Details
Instrument name as on NSDL
14.9% SECURED UNRATED UNLIST...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
24
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
24-05-2024
Redemption Date
24-05-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
120%
Details of Asset Cover
Current Assets
Asset Type
Details of the security
Current Assets
Current Assets
Current Assets
the Company does hereby hypothecate to the Debenture Trustee, by way of a first ranking pari passu and continuing charge to be shared on a pari passu basis inter se the Other Security Holders, all rights, title, interest, benefit, claims and demands of the Company, in, to, or in respect of all current assets of the Company, both present and future and all tangible and intangible movable assets of the Company, , both present and future (collectively :Secured Property")
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About Farmart Service Private Limited bond with ISIN: INE0L0007016
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 INE0L0007016, represents a significant financial instrument. Issued by FARMART SERVICE PRIVATE LIMITED, it comes with the following description: "14.9% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 24/05/2027". 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, FARMART SERVICE 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) U01403UP2015PTC075364 further bolster its credibility. With a coupon rate of 14.9, this instrument has been meticulously managed with the assistance of N/A and under the oversight of Axis Trustee Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 24. It was allotted on 5/24/2024 and is scheduled for redemption on 5/24/2027. 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: Current Assets – 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 INE0L0007024 having a coupon rate of 14.2%. 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.