Fpel Saur Vidyut Private Limited
ACTIVE
ISIN: INE0R6607014
Issuer Details
Issuer Name
FPEL SAUR VIDYUT PRIVATE LIM...
Type of Issuer
Non PSU
Sector
Power
Coupon Rate
11%
Industry
Power
Issuer nature
Other
Corporate Identity Number (CIN)
U40105TG2021PTC151533
Name of the Lead Manager
-
Registrar
Bigshare Services Pvt. Limit...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
11% SECURED UNRATED UNLISTED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
50
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
27-03-2024
Redemption Date
28-09-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
Hypothecation over current assets of the Issuer
Asset Type
Details of the security
Immovable Assets
First and exclusive charge on all fixed assets of the Issuer, Exclusive mortgage over land purchased by the Issuer
Intangible Assets
First and exclusive charge on intangible assets of the Issuer
Current Assets
Hypothecation over current assets of the Issuer
Others, Please Specify
Pledge on Entire shareholding of the Issuer held by Parent, Exclusive charge over subordinated debt infused in the Issue, Debt Service Reserve Account (DSRA) for 1 quarter interest payment to be offered in the form of a bank guarantee from any scheduled commercial bank or in the form of a lien marked fixed deposit held with a scheduled commercial bank. The DSRA can be offered by the Issuer or FPEPL
Movable Asset
First and exclusive charge on all movable fixed assets
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About Fpel Saur Vidyut Private Limited bond with ISIN: INE0R6607014
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 INE0R6607014, represents a significant financial instrument. Issued by FPEL SAUR VIDYUT PRIVATE LIMITED, it comes with the following description: "11% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES B DATE OF MATURITY 28/09/2025". 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 SAUR VIDYUT 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) U40105TG2021PTC151533 further bolster its credibility. With a coupon rate of 11, 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 50. It was allotted on 3/27/2024 and is scheduled for redemption on 9/28/2025. 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: Hypothecation over current assets of the Issuer – 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 INE0R6607022 having a coupon rate of 11%. 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.