Gmr Warora Energy Limited
ACTIVE
ISIN: INE124L07089
Issuer Details
Issuer Name
GMR WARORA ENERGY LIMITED
Type of Issuer
Non PSU
Sector
Power
Coupon Rate
0.01%
Industry
Power
Issuer nature
Other
Corporate Identity Number (CIN)
U40100MH2005PLC155140
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
SBICAP Trustee Company Limit...
Instrument Details
Instrument name as on NSDL
0.01% SECURED UNRATED UNLIST...
Face Value (in ₹)
10
Total Issue size( in ₹ Cr.)
223.353257
Category of Instrument
Plain Vanilla Debentures
Allotment Date
21-09-2022
Redemption Date
30-09-2038
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
94%
Details of Asset Cover
A FIRST PARI-PASSU MORTGAGE AND CHARGE ON ALL THE BORROWER¿¿S IMMOVABLE PROPERTIES INCLUDING TOWNSHIP PROPERTY AT THE PROJECT SITE (LEASEHOLD AND FREEHOLD), PRESENT AND FUTURE
Asset Type
Details of the security
Immovable Assets - Properties
a first pari-passu mortgage and charge on all the Borrower’s immovable properties including township property at the Project site (leasehold and freehold), present and future;
Movable Asset - Machineries & Plant
a first pari-passu charge on all book debts, receivables, stocks, inventories, operating cash flows, commissions, revenues of whatsoever nature and wherever arising of the Borrower, present and future
Current Assets
a first pari-passu charge on the Trust and Retention Account, escrow account, Debt Service Reserve SubAccount and other reserves and any other bank accounts of the Borrower wherever maintained, present and future
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About Gmr Warora Energy Limited bond with ISIN: INE124L07089
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 INE124L07089, represents a significant financial instrument. Issued by GMR WARORA ENERGY LIMITED, it comes with the following description: "0.01% SECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURES SERIES B1 . DATE OF MATURITY 30/09/2038". 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 WARORA ENERGY 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) U40100MH2005PLC155140 further bolster its credibility. With a coupon rate of 0.01%, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of SBICAP Trustee Company Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 10 with an issue size of 223.353257. It was allotted on 9/21/2022 and is scheduled for redemption on 9/30/2038. 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: A FIRST PARI-PASSU MORTGAGE AND CHARGE ON ALL THE BORROWER¿¿S IMMOVABLE PROPERTIES INCLUDING TOWNSHIP PROPERTY AT THE PROJECT SITE (LEASEHOLD AND FREEHOLD), PRESENT AND FUTURE – 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 INE124L07071 having a coupon rate of 0.01%. 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.