Founding Years Learning Solutions Private Limited
ACTIVE
ISIN: INE00D707028
Issuer Details
Issuer Name
FOUNDING YEARS LEARNING SOLU...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
13.5%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U80301KA2010PTC053882
Name of the Lead Manager
-
Registrar
Integrated Enterprises (Indi...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
13.50% SECURED UNRATED UNLIS...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
45.5
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
14-07-2023
Redemption Date
14-07-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal
Asset Percentage
150%
Details of Asset Cover
All movable assets of the Company
Asset Type
Details of the security
Tangible Assets
All tangible assets of the Company
Intangible Assets
All intangible assets of the Company
Others, Please Specify
Post dated cheque and undated cheque for interest and principal repayments
Book Debts / Receivables
All Book debts/receivables of the Company
Current Assets
All current assets of the Company
Trust & Retention Account /Escrow Accounts
All cash flows from the corporate clients to be routed into the identified escrow account
Others, Please Specify
Creation and maintenance of debenture redemption reserve in line with applicable laws
Movable Asset
All movable assets of the Company
Others, Please Specify
Cash collateral of 5 of investment amount lien marked in Debenture Trustees favor and to be maintained throughout tenor of the NCD
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About Founding Years Learning Solutions Private Limited bond with ISIN: INE00D707028
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 INE00D707028, represents a significant financial instrument. Issued by FOUNDING YEARS LEARNING SOLUTIONS PRIVATE LIMITED, it comes with the following description: "13.50% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES B DATE OF MATURITY 14/07/2027.". 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, FOUNDING YEARS LEARNING SOLUTIONS 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) U80301KA2010PTC053882 further bolster its credibility. With a coupon rate of 13.5, this instrument has been meticulously managed with the assistance of Integrated Enterprises (India) Ltd., Bangalore and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 45.5. It was allotted on 7/14/2023 and is scheduled for redemption on 7/14/2027. 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: All movable assets of the Company – 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.