Gmr Enterprises Private Limited
ACTIVE
ISIN: INE908I07560
Issuer Details
Issuer Name
GMR ENTERPRISES PRIVATE LIMI...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
-
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
SECURED RATED LISTED REDEEMA...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
6
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
28-12-2022
Redemption Date
30-09-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
250%
Details of Asset Cover
First ranking pledge of at least 2.5x of listed shares of GMR Airports Infrastructure Limited (Formerly known as GMR Infrastructure Limited in favour of the Debenture Trustee under the Pledge Agreement.
Asset Type
Details of the security
Movable Asset
First ranking pledge of at least 2.5x of listed shares of GMR Airports Infrastructure Limited (Formerly known as GMR Infrastructure Limited in favour of the Debenture Trustee under the Pledge Agreement.
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About Gmr Enterprises Private Limited bond with ISIN: INE908I07560
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 INE908I07560, represents a significant financial instrument. Issued by GMR ENTERPRISES PRIVATE LIMITED, it comes with the following description: "SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES 4 DATE OF MATURITY 30/09/2025". 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, 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 N/A, 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 6. It was allotted on 12/28/2022 and is scheduled for redemption on 9/30/2025. 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. The bond carries a credit rating of BB- as provided by Infomerics Valuation and Rating Pvt. Ltd. In the market, ratings typically range from D to AAA, and a rating of BB- 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: First ranking pledge of at least 2.5x of listed shares of GMR Airports Infrastructure Limited (Formerly known as GMR Infrastructure Limited in favour of the Debenture Trustee under the Pledge Agreement. – 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 Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, Infomerics Valuation and Rating Pvt. Ltd_20-05-2024, Infomerics Valuation and Rating Pvt. Ltd_25-08-2023. 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 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.