Flash Capital Private Limited
ACTIVE
ISIN: INE03BX07028
Issuer Details
Issuer Name
FLASH CAPITAL PRIVATE LIMITE...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
-
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65990DL2018PTC340639
Name of the Lead Manager
-
Registrar
Bigshare Services Pvt. Limit...
Name of Debenture Trustee
Beacon Trusteeship Ltd
Instrument Details
Instrument name as on NSDL
RESET RATE SECURED UNRATED U...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
35
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
22-03-2024
Redemption Date
21-03-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
-
Details of Asset Cover
First exclusive charge will be created over the Book Debts and the Current Assets vide the Deed of Hypothecation to be executed between the Company and the Debenture Trustee
Asset Type
Details of the security
Current Assets
First exclusive charge will be created over the Book Debts and the Current Assets vide the Deed of Hypothecation to be executed between the Company and the Debenture Trustee
Others, Please Specify
Shares of Flash Electronics (India) Private Limited, which are to be pledged by the Pledgor in favour of the Debenture Trustee in terms of the Share Pledge Agreement I. The security cover to be provided by way of pledge over Pledged Securities I to secure the Outstandings and which shall, until such time that the Security Interest continues over Pledged Securities I will be at least 2.5 (Two decimal point five) times of the aggregate of Principal Amount and the Redemption Premium. i.e. Flash
Book Debts / Receivables
First exclusive charge will be created over the Book Debts and the Current Assets vide the Deed of Hypothecation to be executed between the Company and the Debenture Trustee
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About Flash Capital Private Limited bond with ISIN: INE03BX07028
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 INE03BX07028, represents a significant financial instrument. Issued by FLASH CAPITAL PRIVATE LIMITED, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE LETTER OF ALLOTMENT SERIES A DATE OF MATURITY 21/03/2027.". 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, FLASH CAPITAL 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) U65990DL2018PTC340639 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of Bigshare Services Pvt. Limited and under the oversight of Beacon Trusteeship Ltd, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 35. It was allotted on 3/22/2024 and is scheduled for redemption on 3/21/2027. 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: First exclusive charge will be created over the Book Debts and the Current Assets vide the Deed of Hypothecation to be executed between the Company and the Debenture Trustee – 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 INE03BX07036 having a coupon rate of N/A. 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.