Infrastructure Leasing & Financial Services Ltd

About Infrastructure Leasing & Financial Services Ltd bond with ISIN: INE871D07QA3

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 INE871D07QA3, represents a significant financial instrument. Issued by INFRASTRUCTURE LEASING & FINANCIAL SERVICES LTD, it comes with the following description: "7.65% SECURED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. 2015 SERIES I-Q OPTION I. DATE OF MATURITY 26/07/2022". 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, INFRASTRUCTURE LEASING & FINANCIAL SERVICES LTD, 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) U65990MH1987PLC044571 further bolster its credibility. With a coupon rate of 7.65%, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Centbank Financial Services Ltd., ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000 with an issue size of 180. It was allotted on 7/26/2017 and is scheduled for redemption on 7/26/2022. 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. The bond carries a credit rating of D as provided by ICRA LIMITED. In the market, ratings typically range from D to AAA, and a rating of D 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 HAVE BEEN FULLY SECURED BY EXECUTION OF A DEBENTURE TRUST DEED BETWEEN CENTBANK FINANCIAL SERVICES LTD AND THE COMAPNY ON NOVEMBER 24, 2015. THE COMPANY HAS REGSTERED A PARI-PASSU CHARGE ON THE COMMOM POOL OF ASSETS, WHT THE MINISTRY OF CORPORATE AFFAIRS, IN FAVOUR OF DEBENTURE TRUSTEE FOR THE BENEFIT OF DEBENTURE HOLDER. – 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. The bond is supported by a variety of documents including Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, ICRA LIMITED_12-11-2024, CARE Ratings Limited_27-12-2024, CARE Ratings Limited_28-12-2023, CARE Ratings Limited_29-12-2022, CARE Ratings Limited_29-12-2022, ICRA LIMITED_17-11-2023. 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 INE871D07PG2 having a coupon rate of 9.2% and the bond with ISIN INE871D07RK0 having a coupon rate of 8.9% and the bond with ISIN INE871D07QW7 having a coupon rate of 8.3% and the bond with ISIN INE871D07MC8 having a coupon rate of 9.2%. 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.