Heritage Max Realtech Private Limited
ACTIVE
ISIN: INE366U08028
Issuer Details
Issuer Name
HERITAGE MAX REALTECH PRIVAT...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
20%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U70200DL2015PTC286008
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
IDBI TRUSTEESHIP SERVICES LI...
Instrument Details
Instrument name as on NSDL
20% UNSECURED OPTIONALLY N C...
Face Value (in ₹)
100
Total Issue size( in ₹ Cr.)
57.75
Category of Instrument
-
Allotment Date
01-03-2016
Redemption Date
01-03-2026
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
N.A.
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About Heritage Max Realtech Private Limited bond with ISIN: INE366U08028
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 INE366U08028, represents a significant financial instrument. Issued by HERITAGE MAX REALTECH PRIVATE LIMITED, it comes with the following description: "20% UNSECURED OPTIONALLY N CONVERTIBLE DEBENTURES. SERIES I. LETTER OF ALLOTMENT. DATE OF MATURITY 01/03/2026". 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, HERITAGE MAX REALTECH 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) U70200DL2015PTC286008 further bolster its credibility. With a coupon rate of 20%, this instrument has been meticulously managed with the assistance of N/A and under the oversight of IDBI TRUSTEESHIP SERVICES LIMITED, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100 with an issue size of 57.75. It was allotted on 3/1/2016 and is scheduled for redemption on 3/1/2026. Categorized under "-" and defined as Unsecured, 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 BB as provided by CARE Ratings Limited. In the market, ratings typically range from D to AAA, and a rating of BB 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: N.A. – 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 INE366U08192 having a coupon rate of 20% and the bond with ISIN INE366U08184 having a coupon rate of 20% and the bond with ISIN INE366U08085 having a coupon rate of 20% and the bond with ISIN INE366U08127 having a coupon rate of 20%. 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.