Gwalior Bypass Project Limited

About Gwalior Bypass Project Limited bond with ISIN: INE286L07037

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 INE286L07037, represents a significant financial instrument. Issued by GWALIOR BYPASS PROJECT LIMITED, it comes with the following description: "11.65% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES C TRANCHE 1. DATE OF MATURITY 31/05/2025". 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, GWALIOR BYPASS PROJECT 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) U70109DL2006PLC150027 further bolster its credibility. With a coupon rate of 11.65%, this instrument has been meticulously managed with the assistance of Beetal Financial & Computers Services Pvt. Ltd. and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 46.2. It was allotted on 12/31/2014 and is scheduled for redemption on 5/31/2025. Categorized under "-" 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 The bond carries a credit rating of WITHDRAWN as provided by CARE Ratings Limited. In the market, ratings typically range from D to AAA, and a rating of WITHDRAWN is generally considered to be on the riskier end of the spectrum.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: (A) A FIRST PARI PASSU CHARGE BY WAY OF MORTGAGE OVER THE IMMOVEABLE PROPERTY OF THE COMPANY (AS SPECIFICALLY DESCRIBED IN PART A OF SCHEDULE 12 OF DEBENTURE TRUST DEED), SAVE AND EXCEPT THE PROJECT ASSETS (AS DEFINED IN THE CONCESSION AGREEMENT) (B) A FIRST PARI PASSU CHARGE ON ALL THE TANGIBLE MOVABLE ASSETS OF THE COMPANY, INCLUDING MOVABLE PLANT AND MACHINERY, MACHINERY SPARES, TOOLS AND ACCESSORIES, FURNITURE, CONTACT ISSUER FOR FURTHER DETAILS – 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 INE286L07029 having a coupon rate of 11.4% and the bond with ISIN INE286L07045 having a coupon rate of 11.65% and the bond with ISIN INE286L07011 having a coupon rate of 10.5%. 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.