Indis Appa Two Projects Private Limited
ACTIVE
ISIN: INE814X07056
Issuer Details
Issuer Name
INDIS APPA TWO PROJECTS PRIV...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
11%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U70100TG2017PTC115634
Name of the Lead Manager
-
Registrar
Bigshare Services Pvt. Limit...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
11% SECURED UNRATED UNLISTED...
Face Value (in ₹)
10000000
Total Issue size( in ₹ Cr.)
50
Category of Instrument
OTHERS
Allotment Date
29-10-2022
Redemption Date
28-10-2029
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
140%
Details of Asset Cover
First ranking and exclusive charge by way of mortgage of proportionate land, built up area & common amenities.
Asset Type
Details of the security
Movable Asset
First charge by of hypothecation on all present and future movable properties of the Company, including without limitation all actionable claims, insurance policies, fixtures and materials used for and in construction (whether finished or semi finished)
Intangible Assets
First charge by of hypothecation over all estate, rights, licenses, title, interest, property, claims and demands, whether crystallized or otherwise, including undivided proportionate share of interest in the common areas and amenities, parking space and common entitlements of the project.
Non-Current Investments
First ranking pledge of 100% of the shares of PBEL
Tangible Assets
First charge by of hypothecation on all present and future movable properties, including without limitation all actionable claims, insurance policies, fixtures and materials used for and in construction (whether finished or semi finished)
Current Assets
First charge by way of hypothecation on all present and future cash flows of the Company
Immovable Assets
First ranking and exclusive charge by way of mortgage of proportionate land, built up area & common amenities.
Trust & Retention Account /Escrow Accounts
First ranking charge over the PBEL Collection Escrow Accounts
Others, Please Specify
Personal Guarantee of Mr. Anand Reddy Gummadi
Book Debts / Receivables
First charge by way of hypothecation on all receivables of the Company including without limitation, its revenues from sale, book debts, claims, bills, revenue, charges, benefits under insurance contracts, and commissions paid/payable, accrued or otherwise accruable from all estates, rights, title, interest, properties whatsoever.
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About Indis Appa Two Projects Private Limited bond with ISIN: INE814X07056
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 INE814X07056, represents a significant financial instrument. Issued by INDIS APPA TWO PROJECTS PRIVATE LIMITED , it comes with the following description: "11% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES A DATE OF MATURITY 28/10/2029.". 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, INDIS APPA TWO PROJECTS 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) U70100TG2017PTC115634 further bolster its credibility. With a coupon rate of 11, this instrument has been meticulously managed with the assistance of Bigshare Services Pvt. Limited and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 10000000 with an issue size of 50. It was allotted on 10/29/2022 and is scheduled for redemption on 10/28/2029. Categorized under "OTHERS" 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: First ranking and exclusive charge by way of mortgage of proportionate land, built up area & common amenities. – 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 INE814X07049 having a coupon rate of 11% IRR. 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.