Indiabuild Estate Developers Private Limited
INACTIVE
ISIN: INE0PQL07018
Issuer Details
Issuer Name
INDIABUILD ESTATE DEVELOPERS...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
14%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U70200KA2016PTC085470
Name of the Lead Manager
-
Registrar
Integrated Enterprises (Indi...
Name of Debenture Trustee
Mitcon Trusteeship Services ...
Instrument Details
Instrument name as on NSDL
14% SECURED UNRATED UNLISTED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
14
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
29-05-2023
Redemption Date
30-04-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
100%
Details of Asset Cover
Exclusive first charge by way of declaration and registered equitable mortgage by way of deposit of title deeds created over the Issuer and/ or Obligors share of land along with development rights in the Project and Additional Plots (by way of one or more instruments)
Asset Type
Details of the security
Immovable Assets
Exclusive first charge by way of declaration and registered equitable mortgage by way of deposit of title deeds created over the Issuer and/ or Obligors share of land along with development rights in the Project and Additional Plots (by way of one or more instruments)
Current Assets
All subordinated investments in the Issuer to be subordinated and hypothecated in favor of the Debenture Trustee
Movable Asset
Pledge of Shares of the Issuer in favour of the Debenture Trustee Share Pledge Power of Attorney in favour of the Debenture Trustee
Trust & Retention Account /Escrow Accounts
Exclusive charge on the ISRA and DRRA. Exclusive charge on the Escrow Accounts for the Project
Others, Please Specify
Corporate Guarantee of the Obligors Demand Promissory Note in favour of the Debenture Trustee by Obligors 09 (nine) Security cheques of the Issuer issued in favour of the Lead Investor as defined in the Debenture Trust Deed. Special Power of Attorney in favour of Debenture Trustee along with power to exercise step in rights for the Project in case of an event of default Cash Shortfall Undertaking from the Obligors and Issuer in favour of the Debenture Trustee
Book Debts / Receivables
Exclusive first charge by way of hypothecation created on the Issuer and /or Obligors share in the Receivables from the Project and Additional Plots (by way of one or more instruments)
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.
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About Indiabuild Estate Developers Private Limited bond with ISIN: INE0PQL07018
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 INE0PQL07018, represents a significant financial instrument. Issued by INDIABUILD ESTATE DEVELOPERS PRIVATE LIMITED, it comes with the following description: "14% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES LETTER OF ALLOTMENT DATE OF MATURITY 30/04/2025". 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, INDIABUILD ESTATE DEVELOPERS 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) U70200KA2016PTC085470 further bolster its credibility. With a coupon rate of 14, this instrument has been meticulously managed with the assistance of Integrated Enterprises (India) Ltd., Bangalore and under the oversight of Mitcon Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 14. It was allotted on 5/29/2023 and is scheduled for redemption on 4/30/2025. 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: Exclusive first charge by way of declaration and registered equitable mortgage by way of deposit of title deeds created over the Issuer and/ or Obligors share of land along with development rights in the Project and Additional Plots (by way of one or more instruments) – 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 INE005X08018 having a coupon rate of 9% and the bond with ISIN INE002Z08077 having a coupon rate of N/A and the bond with ISIN INE0NO807016 having a coupon rate of 16% and the bond with ISIN INE003S07247 having a coupon rate of 9.3%. 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.