Gyandhan Financial Services Private Limited
ACTIVE
ISIN: INE0J2N07031
Issuer Details
Issuer Name
GYANDHAN FINANCIAL SERVICES ...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
13%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U65999DL2019PTC358441
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
Beacon Trusteeship Ltd
Instrument Details
Instrument name as on NSDL
13% SECURED UNRATED UNLISTED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
3.2
Category of Instrument
Plain Vanilla Debentures
Allotment Date
03-01-2023
Redemption Date
31-12-2025
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
THE DEBENTURES SHALL BE SECURED BY WAY OF 1. AN EXCLUSIVE AND FIRST RANKING CHARGE BY WAY OF HYPOTHECATION OVER UNUTILIZED PROCEEDS OF THE DEBENTURE ISSUE LYING IN AN DESIGNATED ACCOUNT OF THE ISSUER AND AN EXCLUSIVE AND FIRST RANKING FLOATING CHARGE BY WAY OF HYPOTHECATION ON IDENTIFIED STANDARD RECEIVABLES HYPOTHECATED ASSETS OF THE ISSUER TO THE EXTENT THAT THE PRINCIPAL AND INTEREST AMOUNT OF SUCH HYPOTHECATED ASSETS IS EQUIVALENT TO THE 1 00 TIMES OF THE PRINCIPAL OUTSTANDING UNDER THE NCD
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About Gyandhan Financial Services Private Limited bond with ISIN: INE0J2N07031
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 INE0J2N07031, represents a significant financial instrument. Issued by GYANDHAN FINANCIAL SERVICES PRIVATE LIMITED, it comes with the following description: "13% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 31/12/2025 ". 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, GYANDHAN FINANCIAL SERVICES PRIVATE 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) U65999DL2019PTC358441 further bolster its credibility. With a coupon rate of 13, this instrument has been meticulously managed with the assistance of N/A and under the oversight of Beacon Trusteeship Ltd, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 3.2. It was allotted on 1/3/2023 and is scheduled for redemption on 12/31/2025. 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. 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: THE DEBENTURES SHALL BE SECURED BY WAY OF 1. AN EXCLUSIVE AND FIRST RANKING CHARGE BY WAY OF HYPOTHECATION OVER UNUTILIZED PROCEEDS OF THE DEBENTURE ISSUE LYING IN AN DESIGNATED ACCOUNT OF THE ISSUER AND AN EXCLUSIVE AND FIRST RANKING FLOATING CHARGE BY WAY OF HYPOTHECATION ON IDENTIFIED STANDARD RECEIVABLES HYPOTHECATED ASSETS OF THE ISSUER TO THE EXTENT THAT THE PRINCIPAL AND INTEREST AMOUNT OF SUCH HYPOTHECATED ASSETS IS EQUIVALENT TO THE 1 00 TIMES OF THE PRINCIPAL OUTSTANDING UNDER THE NCD – 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 INE0J2N07023 having a coupon rate of 11.5% and the bond with ISIN INE0J2N07015 having a coupon rate of 13%. 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.