Greenlam Limited
ACTIVE
ISIN: INE0P0J07027
Issuer Details
Issuer Name
GREENLAM LIMITED
Type of Issuer
Non PSU
Sector
Consumer Durables
Coupon Rate
3 MIBOR OIS%
Industry
Consumer Durables
Issuer nature
Other
Corporate Identity Number (CIN)
U21096DL2019PLC418200
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
RESET RATE 3M MIBOR LINKED S...
Face Value (in ₹)
1000
Total Issue size( in ₹ Cr.)
45
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
10-08-2023
Redemption Date
15-06-2033
Whether Secured or Unsecured
Secured
Put Option Date
15-06-2031
Call Option Date
15-06-2031
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
first ranking pari passu charge by way of mortgage on all Company immovable properties located at Naidupeta Andhra Pradesh
Asset Type
Details of the security
Immovable Assets
first ranking pari passu charge by way of mortgage on all Company immovable properties located at Naidupeta Andhra Pradesh
Others, Please Specify
first ranking pari passu charge by way of hypothecation on all bank accounts and reserves of Company including but not limited to designated account and other reserves and any other bank accounts of the Company wherever maintained and accounts in substitution thereof and in all non fund based reserves maintained by way of letters of credit bank guarantees or otherwise and in all monies lying to credit of such accounts and all permitted investments made from monies standing to credit of such acco
Current Assets
second ranking pari passu charge by way of hypothecation on all the present and future current assets of the Company
Movable Asset
first ranking pari passu charge by way of hypothecation on all present and future tangible movable assets including any movable fixed assets if any of the Company located at Naidupeta Andhra Pradesh excluding exclusive charge given to Landesbank Baden Wurttemberg pertaining to ECA funding in particle board plant at Naidupeta Andhra Pradesh
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About Greenlam Limited bond with ISIN: INE0P0J07027
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 INE0P0J07027, represents a significant financial instrument. Issued by GREENLAM LIMITED, it comes with the following description: "RESET RATE 3M MIBOR LINKED SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT SERIES B DATE OF MATURITY 15/06/2033.". 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, GREENLAM 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) U21096DL2019PLC418200 further bolster its credibility. With a coupon rate of 3 MIBOR OIS, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000 with an issue size of 45. It was allotted on 8/10/2023 and is scheduled for redemption on 6/15/2033. 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: first ranking pari passu charge by way of mortgage on all Company immovable properties located at Naidupeta Andhra Pradesh – 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 INE0P0J07035 having a coupon rate of Mibor OIS and the bond with ISIN INE0P0J07043 having a coupon rate of Mibor OIS and the bond with ISIN INE0P0J07019 having a coupon rate of 3 M MIBOR OIS. 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.