Hero Wind Energy Private Limited
INACTIVE
ISIN: INE918T07061
Issuer Details
Issuer Name
HERO WIND ENERGY PRIVATE LIM...
Type of Issuer
Non PSU
Sector
Power
Coupon Rate
RUPEE FIXED BASE RATE PLUS S...
Industry
Power
Issuer nature
Other
Corporate Identity Number (CIN)
U40300DL2013PTC251839
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
RUPEE FIXED BASE RATE PLUS S...
Face Value (in ₹)
603169.33
Total Issue size( in ₹ Cr.)
150
Category of Instrument
-
Allotment Date
18-06-2020
Redemption Date
15-07-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
(I) PRIOR TO THE DATE OF ISSUANCE OF THE DEBENTURES, (A) AN EXCLUSIVE PLEDGE OF SECURITIES OF HWEPL HELD BY HERO FUTURE ENERGIES PRIVATE LIMITED REPRESENTING 23% THE SECURITIES ISSUED BY HWEPL (B) A NONDISPOSAL UNDERTAKING IN RELATION TO THE UNENCUMBERED SECURITIES OF HWEPL AND (C) AN EXCLUSIVE CHARGE OVER CERTAIN LOANS PROVIDED BY HERO FUTURE ENERGIES PRIVATE LIMITED TO HWEPL. CONTACT ISSUER FOR MORE DETAILS.
Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.
Similar Bonds
HERO WIND ENERGY PRIVATE LIMITED
ISIN: INE918T07079
Coupon Rate
10.5%
Face Value (in ₹)
1000000
HERO WIND ENERGY PRIVATE LIMITED
ISIN: INE918T07095
Coupon Rate
GSEC LINKED
Face Value (in ₹)
1000000
HERO WIND ENERGY PRIVATE LIMITED
ISIN: INE918T07087
Coupon Rate
10.5%
Face Value (in ₹)
1000000
HERO WIND ENERGY PRIVATE LIMITED
ISIN: INE918T07145
Coupon Rate
9.6%
Face Value (in ₹)
1000000
About Hero Wind Energy Private Limited bond with ISIN: INE918T07061
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 INE918T07061, represents a significant financial instrument. Issued by HERO WIND ENERGY PRIVATE LIMITED, it comes with the following description: "RUPEE FIXED BASE RATE PLUS SPREAD SECURED UNRATED UNLISTED COLLATERALIZED, REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 15/07/2025". 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, HERO WIND 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) U40300DL2013PTC251839 further bolster its credibility. With a coupon rate of RUPEE FIXED BASE RATE PLUS SPREAD,REFER REMARKS, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited), ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 603169.33 with an issue size of 150. It was allotted on 6/18/2020 and is scheduled for redemption on 7/15/2025. 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. 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: (I) PRIOR TO THE DATE OF ISSUANCE OF THE DEBENTURES, (A) AN EXCLUSIVE PLEDGE OF SECURITIES OF HWEPL HELD BY HERO FUTURE ENERGIES PRIVATE LIMITED REPRESENTING 23% THE SECURITIES ISSUED BY HWEPL (B) A NONDISPOSAL UNDERTAKING IN RELATION TO THE UNENCUMBERED SECURITIES OF HWEPL AND (C) AN EXCLUSIVE CHARGE OVER CERTAIN LOANS PROVIDED BY HERO FUTURE ENERGIES PRIVATE LIMITED TO HWEPL. CONTACT ISSUER FOR MORE 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 INE918T07079 having a coupon rate of 10.5% and the bond with ISIN INE918T07095 having a coupon rate of GSEC LINKED and the bond with ISIN INE918T07087 having a coupon rate of 10.5% and the bond with ISIN INE918T07145 having a coupon rate of 9.6%. 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.