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  1. Home
  2. Gmr Enterprises Priv...

Gmr Enterprises Private Limited

ACTIVE

ISIN: INE908I07735

Issuer Details

Instrument Details

Security Measures

Cash Flow Schedule

Issuer Details


Issuer Name

GMR ENTERPRISES PRIVATE LIMI...

Type of Issuer

Non PSU

Sector

Financial Services

Coupon Rate

7%

Industry

Finance

Issuer nature

NBFC

Corporate Identity Number (CIN)

U74900TN2007PTC102389

Name of the Lead Manager

-

Registrar

KFIN TECHNOLOGIES PRIVATE LI...

Name of Debenture Trustee

IDBI Trusteeship Services Li...

Instrument Details


Instrument name as on NSDL

7% SECURED UNRATED UNLISTED ...

Face Value (in ₹)

1000000

Total Issue size( in ₹ Cr.)

150

Category of Instrument

PLAIN VANILLA DEBENTURES

Allotment Date

14-03-2023

Redemption Date

27-03-2027

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

such other security as may be agreed between the New Debenture Holder and the Company.

Sr No.

Asset Type

Details of the security

1

Others, Please Specify

Corporate guarantee from GMR Business & Consultancy LLP (GBCLLP), which shall explicitly include negative restrictions / undertakings as may be required by the New Debenture Holder pursuant to the Original Deed of Corporate Guarantee, as amended and restated by an amendment and restatement deed to be entered into between, inter alia, GBCLLP, the Company and the Debenture Trustee

2

Movable Asset

First ranking exclusive charge to be created over: (i) the account bearing number 485205000053 opened with ICICI Bank Limited (Cash Top up Account) and all of GMR Business & Consultancy LLPs rights, title, interest and benefits in, to and under the Cash Top up Account and each Rupee denominated fixed term deposit account opened and maintained in the name of GBCL with ICICI Bank Limited (Cash Top up Permitted Investments) and all amounts standing to the credit of the Cash Top up Account

3

Movable Asset

First ranking exclusive pledge over fully paid up, lock in free, unencumbered equity shares of GMR Airports Infrastructure Limited carrying voting rights held by the GMR Business & Consultancy LLP and GMR Enterprises Private Limited which are sufficient to maintain the collateral cover in accordance with the deed of pledge dated 13 March 2023 as amended and restated by the master debenture amendment deed dated 8 April 2024 entered into between the GEPL, GBCL and the Debenture Trustee

4

Others, Please Specify

such other security as may be agreed between the New Debenture Holder and the Company.

5

Movable Asset

and Cash Top up Permitted Investments, by GMR Business & Consultancy LLP in favour of the IDBI Trusteeship Services Limited (Debenture Trustee), and (ii) over Rupee denominated fixed term deposits to be opened by GMR Enterprises Private Limited with Deutsche Bank AG, Mumbai Branch (or any other bank acceptable to the Debenture Trustee) (Cash Top up Fixed Deposits), in accordance with the a deed of hypothecation dated 8 April 2024 entered into between the Company, GBCL and Debenture Trustee (DOH)

Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.

Similar Bonds

GMR ENTERPRISES PRIVATE LIMITED

ISIN: INE908I07776

Face Value (in ₹)

1000000


GMR ENTERPRISES PRIVATE LIMITED

ISIN: INE908I07263

Coupon Rate

13.25%

Face Value (in ₹)

1000000


GMR ENTERPRISES PRIVATE LIMITED

ISIN: INE908I07578

Face Value (in ₹)

1000000


GMR ENTERPRISES PRIVATE LIMITED

ISIN: INE908I07701

Coupon Rate

15.5%

Face Value (in ₹)

10000000


About Gmr Enterprises Private Limited bond with ISIN: INE908I07735

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 INE908I07735, represents a significant financial instrument. Issued by GMR ENTERPRISES PRIVATE LIMITED, it comes with the following description: "7% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 27/03/2027". 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 7, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of IDBI Trusteeship 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 3/14/2023 and is scheduled for redemption on 3/27/2027. 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: such other security as may be agreed between the New Debenture Holder and the Company. – 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.

Disclaimer: The facts and information on this page are for information and awareness purposes only. No information provided here is intended towards any specific user and should not be construed as investment advice or a recommendation of any kind whatsoever. You are requested to consult with your professional investment advisor or tax advisor for specific directions on any investments in any securities including the bonds mentioned on this page before making any investment decision. Tap Bonds shall not be liable for any losses incurred by you based on an investment decision utilising the information.
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