Gmr Goa International Airport Limited
ACTIVE
ISIN: INE735X07038
Issuer Details
Issuer Name
GMR GOA INTERNATIONAL AIRPOR...
Type of Issuer
Non PSU
Sector
Services
Coupon Rate
13.25%
Industry
Transport Infrastructure
Issuer nature
Other
Corporate Identity Number (CIN)
U63030GA2016PLC013017
Name of the Lead Manager
-
Registrar
Integrated Enterprises (Indi...
Name of Debenture Trustee
Axis Trustee Services Limite...
Instrument Details
Instrument name as on NSDL
13.25% SECURED UNRATED UNIST...
Face Value (in ₹)
25000000
Total Issue size( in ₹ Cr.)
25
Category of Instrument
STRUCTURED/MARKET LINKED DEB...
Allotment Date
26-11-2022
Redemption Date
26-01-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Subordinate Tier 1
Security Measures
Asset Coverage
Principal
Asset Percentage
1.64%
Details of Asset Cover
Second Charge
Asset Type
Details of the security
Current Assets
Yes other than Project Assets
Tangible Assets
Yes other than Project Assets
Non-Current Investments
Second Charge
Intangible Assets
Yes other than Project Assets
Movable Asset
Yes other than Project Assets
Trust & Retention Account /Escrow Accounts
Yes other than Project Assets
Book Debts / Receivables
Yes other than Project Assets
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GMR GOA INTERNATIONAL AIRPORT LIMITED
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About Gmr Goa International Airport Limited bond with ISIN: INE735X07038
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 INE735X07038, represents a significant financial instrument. Issued by GMR GOA INTERNATIONAL AIRPORT LIMITED, it comes with the following description: "13.25% SECURED UNRATED UNISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 26/01/2026". 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 GOA INTERNATIONAL AIRPORT 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) U63030GA2016PLC013017 further bolster its credibility. With a coupon rate of 13.25, this instrument has been meticulously managed with the assistance of Integrated Enterprises (India) Ltd., Bangalore and under the oversight of Axis Trustee Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 25000000 with an issue size of 25. It was allotted on 11/26/2022 and is scheduled for redemption on 1/26/2026. Categorized under "STRUCTURED/MARKET LINKED DEBENTURES (MLDS)" 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 A as provided by CARE Ratings Limited. In the market, ratings typically range from D to AAA, and a rating of A 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: Second Charge – 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 CARE Ratings Limited_11-09-2024, CARE Ratings Limited_12-09-2023, CARE Ratings Limited_09-12-2022. 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 INE735X07053 having a coupon rate of N/A and the bond with ISIN INE735X07020 having a coupon rate of IN0020210095 and the bond with ISIN INE735X07046 having a coupon rate of 13.9% and the bond with ISIN INE735X08051 having a coupon rate of 10%. 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.