Fpel Celestical Private Limited
ACTIVE
ISIN: INE0N6807035
Issuer Details
Issuer Name
FPEL CELESTICAL PRIVATE LIMI...
Type of Issuer
Non PSU
Sector
Power
Coupon Rate
Mibor%
Industry
Power
Issuer nature
Other
Corporate Identity Number (CIN)
U40106TG2021PTC154998
Name of the Lead Manager
-
Registrar
Bigshare Services Pvt. Limit...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
MIBOR LINKED RESET RATE SECU...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
2.8
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
28-06-2024
Redemption Date
30-09-2041
Whether Secured or Unsecured
Secured
Put Option Date
30-06-2034
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 (other than in relation to Project 2), both present and future
Asset Type
Details of the security
Current Assets
all cash flows, receivables, book debts and revenues of any nature of the Borrower in relation to the Projects, including any insurance proceeds, of whatsoever nature and wherever arising, both present and future
Intangible Assets
all intangible assets of the Borrower in relation to the Projects, including but not limited to, goodwill and uncalled capital, both present and future
Movable Asset
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
Others, Please Specify
the accounts established by the Borrower under the Accounts Agreement, including each Debt Service Reserve Account, the Inverter Maintenance Reserve Account and any other reserves and other bank accounts of the Borrower, wherever maintained, and the Prepayment Accounts, the Prepayment Holdings Accounts, the Debt Service Payment Accounts and the Debt Service Reserve Accounts (each, as defined in and opened and maintained pursuant to the Accounts Agreement). a first ranking charge over: all the ri
Immovable Assets
all immovable properties of the Borrower (other than in relation to Project 2), both present and future
Book Debts / Receivables
all cash flows, receivables, book debts and revenues of any nature of the Borrower in relation to the Projects, including any insurance proceeds, of whatsoever nature and wherever arising, both present and future
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About Fpel Celestical Private Limited bond with ISIN: INE0N6807035
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 INE0N6807035, represents a significant financial instrument. Issued by FPEL CELESTICAL PRIVATE LIMITED, it comes with the following description: "MIBOR LINKED RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES A1 DATE OF MATURITY 30/09/2041.". 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, FPEL CELESTICAL 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) U40106TG2021PTC154998 further bolster its credibility. With a coupon rate of Mibor, this instrument has been meticulously managed with the assistance of Bigshare Services Pvt. Limited 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 2.8. It was allotted on 6/28/2024 and is scheduled for redemption on 9/30/2041. 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 (other than in relation to Project 2), 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 INE0N6807019 having a coupon rate of Mibor and the bond with ISIN INE0N6807027 having a coupon rate of 9.81% and the bond with ISIN INE0N6807043 having a coupon rate of 10.15%. 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.