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  1. Home
  2. Fpel Max Volte Solar...

Fpel Max Volte Solar Private Limited

ACTIVE

ISIN: INE0PWQ07031

Issuer Details

Instrument Details

Security Measures

Cash Flow Schedule

Issuer Details


Issuer Name

FPEL MAX VOLTE SOLAR PRIVATE...

Type of Issuer

Non PSU

Sector

Power

Coupon Rate

Mibor%

Industry

Power

Issuer nature

Other

Corporate Identity Number (CIN)

U40106TG2022PTC159875

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.)

19.9

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

Sr No.

Asset Type

Details of the security

1

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

2

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).

3

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

4

Immovable Assets

all immovable properties of the Borrower (other than in relation to Project 2), both present and future

5

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

6

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

Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.

Similar Bonds

FPEL MAX VOLTE SOLAR PRIVATE LIMITED

ISIN: INE0PWQ07015

Coupon Rate

10.15%

Face Value (in ₹)

1000000


FPEL MAX VOLTE SOLAR PRIVATE LIMITED

ISIN: INE0PWQ07023

Coupon Rate

Mibor

Face Value (in ₹)

1000000


FPEL MAX VOLTE SOLAR PRIVATE LIMITED

ISIN: INE0PWQ07049

Coupon Rate

9.81%

Face Value (in ₹)

1000000


About Fpel Max Volte Solar Private Limited bond with ISIN: INE0PWQ07031

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 INE0PWQ07031, represents a significant financial instrument. Issued by FPEL MAX VOLTE SOLAR PRIVATE LIMITED, it comes with the following description: "MIBOR LINKED RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES A 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 MAX VOLTE SOLAR 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) U40106TG2022PTC159875 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 19.9. 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 INE0PWQ07015 having a coupon rate of 10.15% and the bond with ISIN INE0PWQ07023 having a coupon rate of Mibor and the bond with ISIN INE0PWQ07049 having a coupon rate of 9.81%. 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.

Disclaimer: The facts and information on this page are for information and awareness purposes only. No information provided here is intended towards any specific user and should not be construed as investment advice or a recommendation of any kind whatsoever. You are requested to consult with your professional investment advisor or tax advisor for specific directions on any investments in any securities including the bonds mentioned on this page before making any investment decision. Tap Bonds shall not be liable for any losses incurred by you based on an investment decision utilising the information.
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