Hero Solar Energy Private Limited
ACTIVE
ISIN: INE316W08011
Issuer Details
Issuer Name
HERO SOLAR ENERGY PRIVATE LI...
Type of Issuer
Non PSU
Sector
Power
Coupon Rate
6%
Industry
Power
Issuer nature
Other
Corporate Identity Number (CIN)
U40106DL2013PTC250501
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
6% UNSECURED UNLISTED UNRATE...
Face Value (in ₹)
100
Total Issue size( in ₹ Cr.)
83.5
Category of Instrument
-
Allotment Date
19-07-2018
Redemption Date
19-07-2038
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Subordinate Tier 1
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
N.A
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About Hero Solar Energy Private Limited bond with ISIN: INE316W08011
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 INE316W08011, represents a significant financial instrument. Issued by HERO SOLAR ENERGY PRIVATE LIMITED, it comes with the following description: "6% UNSECURED UNLISTED UNRATED COMPULSORILY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 19/07/2038". 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, HERO SOLAR ENERGY 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) U40106DL2013PTC250501 further bolster its credibility. With a coupon rate of 6%, 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 100 with an issue size of 83.5. It was allotted on 7/19/2018 and is scheduled for redemption on 7/19/2038. 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. 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: 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 INE316W07070 having a coupon rate of GESC LINKED and the bond with ISIN INE316W07088 having a coupon rate of 11.1% and the bond with ISIN INE316W07047 having a coupon rate of RUPEE FIXED BASE RATE PLUS SPREAD and the bond with ISIN INE316W07062 having a coupon rate of 11.5%. 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.