Gmr Power And Urban Infra Limited
INACTIVE
ISIN: INE0CU607015
Issuer Details
Issuer Name
GMR POWER AND URBAN INFRA LI...
Type of Issuer
Non PSU
Sector
Diversified
Coupon Rate
10.9277%
Industry
Diversified
Issuer nature
Other
Corporate Identity Number (CIN)
U45400MH2019PLC325541
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
10.9277% SECURED RATED LISTE...
Face Value (in ₹)
53586.92
Total Issue size( in ₹ Cr.)
150.26
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
06-06-2024
Redemption Date
11-06-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
First ranking exclusive charge by way of hypothecation on the Escrow Account and amounts lying therein to secure the Debentures
Asset Type
Details of the security
Immovable Assets
As per Annexure 3
Others, Please Specify
Escrow Account
Movable Asset
First ranking exclusive charge by way of hypothecation on the Escrow Account and amounts lying therein to secure the Debentures
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.
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About Gmr Power And Urban Infra Limited bond with ISIN: INE0CU607015
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 INE0CU607015, represents a significant financial instrument. Issued by GMR POWER AND URBAN INFRA LIMITED, it comes with the following description: "10.9277% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE LETTER OF ALLOTMENT DATE OF MATURITY 11/06/2025". 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 POWER AND URBAN INFRA 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) U45400MH2019PLC325541 further bolster its credibility. With a coupon rate of 10.9277, 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 53586.92 with an issue size of 150.26. It was allotted on 6/6/2024 and is scheduled for redemption on 6/11/2025. 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 exclusive charge by way of hypothecation on the Escrow Account and amounts lying therein to secure the Debentures – 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. 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 INE005X08018 having a coupon rate of 9% and the bond with ISIN INE002Z08077 having a coupon rate of N/A and the bond with ISIN INE0NO807016 having a coupon rate of 16% and the bond with ISIN INE003S07247 having a coupon rate of 9.3%. 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.