Gmr Enterprises Private Limited
INACTIVE
ISIN: INE908I07362
Issuer Details
Issuer Name
GMR ENTERPRISES PRIVATE LIMI...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
16%
Industry
Finance
Issuer nature
NBFC
Corporate Identity Number (CIN)
U74900TN2007PTC102389
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
16% SECURED UNRATED UNLISTED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
225
Category of Instrument
Plain Vanilla Debentures
Allotment Date
25-05-2022
Redemption Date
25-05-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
197.02%
Details of Asset Cover
FIRST AND EXCLUSIVE PLEDGE OVER SUCH A NUMBER OF FULLY PAID UP LOCK-IN FREE/UNENCUMBERED SHARES OF GMR INFRASTRUCTURE LIMITED CARRYING VOTING RIGHTS HELD BY THE COMPANY WHICH ARE SUFFICIENT TO MAINTAIN THE COLLATERAL VALUE OF 2.00X OF OUTSTANDING OBLIGATIONS OF DEBENTURES.FOR MORE INFORMATION CONTCAT ISSUER
Asset Type
Details of the security
Movable Asset - Machineries & Plant
FIRST AND EXCLUSIVE PLEDGE OVER SUCH A NUMBER OF FULLY PAID UP LOCK-IN FREE/UNENCUMBERED SHARES OF GMR INFRASTRUCTURE LIMITED CARRYING VOTING RIGHTS HELD BY THE COMPANY WHICH ARE SUFFICIENT TO MAINTAIN THE COLLATERAL VALUE OF 2.00X OF OUTSTANDING OBLIGATIONS OF DEBENTURES.FOR MORE INFORMATION CONTCAT ISSUER
Movable Asset - Machineries & Plant
FIRST AND EXCLUSIVE PLEDGE OVER SUCH A NUMBER OF FULLY PAID UP LOCK-IN FREE/UNENCUMBERED SHARES OF GMR INFRASTRUCTURE LIMITED CARRYING VOTING RIGHTS HELD BY THE COMPANY WHICH ARE SUFFICIENT TO MAINTAIN THE COLLATERAL VALUE OF 2.00X OF OUTSTANDING OBLIGATIONS OF DEBENTURES.FOR MORE INFORMATION CONTCAT ISSUER
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About Gmr Enterprises Private Limited bond with ISIN: INE908I07362
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 INE908I07362, represents a significant financial instrument. Issued by GMR ENTERPRISES PRIVATE LIMITED, it comes with the following description: "16% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES . DATE OF MATURITY 25/05/2025.". 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, GMR ENTERPRISES 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) U74900TN2007PTC102389 further bolster its credibility. With a coupon rate of 16, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 225. It was allotted on 5/25/2022 and is scheduled for redemption on 5/25/2025. 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: FIRST AND EXCLUSIVE PLEDGE OVER SUCH A NUMBER OF FULLY PAID UP LOCK-IN FREE/UNENCUMBERED SHARES OF GMR INFRASTRUCTURE LIMITED CARRYING VOTING RIGHTS HELD BY THE COMPANY WHICH ARE SUFFICIENT TO MAINTAIN THE COLLATERAL VALUE OF 2.00X OF OUTSTANDING OBLIGATIONS OF DEBENTURES.FOR MORE INFORMATION CONTCAT 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 INE908I07776 having a coupon rate of N/A and the bond with ISIN INE908I07263 having a coupon rate of 13.25% and the bond with ISIN INE908I07578 having a coupon rate of N/A and the bond with ISIN INE908I07701 having a coupon rate of 15.5%. 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.