Gosree Finance Limited
ACTIVE
ISIN: INE973Z07246
Issuer Details
Issuer Name
GOSREE FINANCE LIMITED
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
10.5%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65990KL2013PLC035734
Name of the Lead Manager
-
Registrar
Integrated Enterprises (Indi...
Name of Debenture Trustee
Beacon Trusteeship Ltd
Instrument Details
Instrument name as on NSDL
10.50% SECURED UNRATED UNLIS...
Face Value (in ₹)
1000
Total Issue size( in ₹ Cr.)
2.72
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
26-12-2023
Redemption Date
26-12-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal
Asset Percentage
100%
Details of Asset Cover
LOAN RECEIVABLES
Asset Type
Details of the security
Book Debts / Receivables
LOAN RECEIVABLES
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About Gosree Finance Limited bond with ISIN: INE973Z07246
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 INE973Z07246, represents a significant financial instrument. Issued by GOSREE FINANCE LIMITED, it comes with the following description: "10.50% SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES II- CUMULATIVE DATE OF MATURITY 26/12/2026.". 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, GOSREE FINANCE 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) U65990KL2013PLC035734 further bolster its credibility. With a coupon rate of 10.5, this instrument has been meticulously managed with the assistance of Integrated Enterprises (India) Ltd., Chennai and under the oversight of Beacon Trusteeship Ltd, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000 with an issue size of 2.72. It was allotted on 12/26/2023 and is scheduled for redemption on 12/26/2026. 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: LOAN RECEIVABLES – 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 INE973Z07212 having a coupon rate of 11% and the bond with ISIN INE973Z08137 having a coupon rate of 12% and the bond with ISIN INE973Z08111 having a coupon rate of 12% and the bond with ISIN INE973Z08020 having a coupon rate of 12%. 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.