Indifi Capital Private Limited
ACTIVE
ISIN: INE0GOL07061
Issuer Details
Issuer Name
INDIFI CAPITAL PRIVATE LIMIT...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
13.1%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65923HR1980PTC069400
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
13.10% SECURED RATED UNLISTE...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
19
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
19-01-2023
Redemption Date
31-07-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
1.1%
Details of Asset Cover
The Debentures shall be secured by a first ranking exclusive charge to be created by the Issuer over the Hypothecated assets, by way of hypothecation pursuant to Deed of Hypothecation in favor of the Debenture Trustee. A security cover of 1.10 x comprising of the current and continuing hypothecated assets shall be maintained to cover the aggregate redemption amount and accrued coupon of the Debentures until final settlement date.
Asset Type
Details of the security
Book Debts / Receivables
The Debentures shall be secured by a first ranking exclusive charge to be created by the Issuer over the Hypothecated assets, by way of hypothecation pursuant to Deed of Hypothecation in favor of the Debenture Trustee. A security cover of 1.10 x comprising of the current and continuing hypothecated assets shall be maintained to cover the aggregate redemption amount and accrued coupon of the Debentures until final settlement date.
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
INDIFI CAPITAL PRIVATE LIMITED
ISIN: INE0GOL07095
Coupon Rate
12.75%
Face Value (in ₹)
1000000
INDIFI CAPITAL PRIVATE LIMITED
ISIN: INE0GOL07079
Coupon Rate
9.34%
Face Value (in ₹)
1000000
INDIFI CAPITAL PRIVATE LIMITED
ISIN: INE0GOL07046
Coupon Rate
3 year SBI MCLR
Face Value (in ₹)
1000000
INDIFI CAPITAL PRIVATE LIMITED
ISIN: INE0GOL07087
Coupon Rate
12.75%
Face Value (in ₹)
1000000
About Indifi Capital Private Limited bond with ISIN: INE0GOL07061
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 INE0GOL07061, represents a significant financial instrument. Issued by INDIFI CAPITAL PRIVATE LIMITED, it comes with the following description: "13.10% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE LETTER OF ALLOTMENT DATE OF MATURITY 31/07/2025.". 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, INDIFI CAPITAL 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) U65923HR1980PTC069400 further bolster its credibility. With a coupon rate of 13.1, this instrument has been meticulously managed with the assistance of N/A 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 100000 with an issue size of 19. It was allotted on 1/19/2023 and is scheduled for redemption on 7/31/2025. 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. The bond carries a credit rating of BBB as provided by CRISIL RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of BBB 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: The Debentures shall be secured by a first ranking exclusive charge to be created by the Issuer over the Hypothecated assets, by way of hypothecation pursuant to Deed of Hypothecation in favor of the Debenture Trustee. A security cover of 1.10 x comprising of the current and continuing hypothecated assets shall be maintained to cover the aggregate redemption amount and accrued coupon of the Debentures until final settlement date. – 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 INE0GOL07095 having a coupon rate of 12.75% and the bond with ISIN INE0GOL07079 having a coupon rate of 9.34% and the bond with ISIN INE0GOL07046 having a coupon rate of 3 year SBI MCLR and the bond with ISIN INE0GOL07087 having a coupon rate of 12.75%. 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.