Future Ideas Company Limited
INACTIVE
ISIN: INE080T07086
Issuer Details
Issuer Name
FUTURE IDEAS COMPANY LIMITED
Type of Issuer
Non PSU
Sector
-
Coupon Rate
12.75%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U65900MH2006PLC159526
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Axis Trustee Services Limite...
Instrument Details
Instrument name as on NSDL
12.75% SECURED REDEEMABLE NO...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
150
Category of Instrument
-
Allotment Date
26-06-2015
Redemption Date
30-09-2020
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
A) FIRST RANKING EXCLUSIVE MORTGAGE CREATED BY THE COMPANY OVER THE MORTGAGED PROPERTY BY AND UNDER THE TERMS OF THIS DEED,CONTACT ISSUER FOR MORE DETAILS.
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About Future Ideas Company Limited bond with ISIN: INE080T07086
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 INE080T07086, represents a significant financial instrument. Issued by FUTURE IDEAS COMPANY LIMITED, it comes with the following description: "12.75% SECURED REDEEMABLE NON COVNERTIBLE DEBENTURES. SERIES C. LETTER OF ALLOTMENT. DATE OF MATURITY 30/09/2020". Although the bond is currently marked as inactive, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, FUTURE IDEAS COMPANY 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) U65900MH2006PLC159526 further bolster its credibility. With a coupon rate of 12.75%, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Axis Trustee Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 150. It was allotted on 6/26/2015 and is scheduled for redemption on 9/30/2020. Categorized under "-" 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. The bond carries a credit rating of D as provided by BRICKWORK RATINGS INDIA PRIVATE LIMITED. In the market, ratings typically range from D to AAA, and a rating of D is generally considered to be on the riskier end of the spectrum. 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: A) FIRST RANKING EXCLUSIVE MORTGAGE CREATED BY THE COMPANY OVER THE MORTGAGED PROPERTY BY AND UNDER THE TERMS OF THIS DEED,CONTACT ISSUER FOR MORE DETAILS. – 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. The bond is supported by a variety of documents including BRICKWORK RATINGS INDIA PRIVATE LIMITED_06-09-2023. 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 INE080T07110 having a coupon rate of 13.4% and the bond with ISIN INE080T07102 having a coupon rate of 13.40%` and the bond with ISIN INE080T07128 having a coupon rate of 13.4% and the bond with ISIN INE080T07094 having a coupon rate of 13.4%. 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.