Garagepreneurs Internet Private Limited
INACTIVE
ISIN: INE0KM307012
Issuer Details
Issuer Name
GARAGEPRENEURS INTERNET PRIV...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
14.25%
Industry
Financial Technology (Fintec...
Issuer nature
Other
Corporate Identity Number (CIN)
U72900KA2015PTC080871
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Axis Trustee Services Limite...
Instrument Details
Instrument name as on NSDL
14.25% SECURED UNRATED UNLIS...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
75
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
03-10-2023
Redemption Date
03-01-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal
Asset Percentage
100%
Details of Asset Cover
The NCD shall be secured by First Paripassu charge on all existing and future fixed, current and intangible assets of the borrower
Asset Type
Details of the security
Others, Please Specify
The NCD shall be secured by First Paripassu charge on all existing and future fixed, current and intangible assets of the borrower
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About Garagepreneurs Internet Private Limited bond with ISIN: INE0KM307012
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 INE0KM307012, represents a significant financial instrument. Issued by GARAGEPRENEURS INTERNET PRIVATE LIMITED, it comes with the following description: "14.25% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 03/01/2025.". 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, GARAGEPRENEURS INTERNET 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) U72900KA2015PTC080871 further bolster its credibility. With a coupon rate of 14.25, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of Axis Trustee Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 75. It was allotted on 10/3/2023 and is scheduled for redemption on 1/3/2025. 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: The NCD shall be secured by First Paripassu charge on all existing and future fixed, current and intangible assets of the borrower – 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 INE0KM307020 having a coupon rate of 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.