Irb Ahmedabad Vadodara Super Express Tollway Private Limited
ACTIVE
ISIN: INE102N07016
Issuer Details
Issuer Name
IRB AHMEDABAD VADODARA SUPER...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
9.35%
Industry
-
Issuer nature
-
Corporate Identity Number (CIN)
U45400MH2011PTC218122
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
9.35% SECURED UNRATED UNLIST...
Face Value (in ₹)
82050
Total Issue size( in ₹ Cr.)
450
Category of Instrument
-
Allotment Date
13-03-2018
Redemption Date
31-12-2030
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
THE ISSUER AND THE DEBENTURE TRUSTEE HAVE AGREED THAT THE DEBENTURE PAYMENTS SHALL BE SUBJECT TO THE PROVISIONS OF THE CONCESSION
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About Irb Ahmedabad Vadodara Super Express Tollway Private Limited bond with ISIN: INE102N07016
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 INE102N07016, represents a significant financial instrument. Issued by IRB AHMEDABAD VADODARA SUPER EXPRESS TOLLWAY PRIVATE LIMITED, it comes with the following description: "9.35% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 31/12/2030". 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, IRB AHMEDABAD VADODARA SUPER EXPRESS TOLLWAY 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) U45400MH2011PTC218122 further bolster its credibility. With a coupon rate of 9.35%, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED 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 82050 with an issue size of 450. It was allotted on 3/13/2018 and is scheduled for redemption on 12/31/2030. 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 BBB as provided by INDIA RATING AND RESEARCH PVT. LTD. 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 ISSUER AND THE DEBENTURE TRUSTEE HAVE AGREED THAT THE DEBENTURE PAYMENTS SHALL BE SUBJECT TO THE PROVISIONS OF THE CONCESSION – 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 INDIA RATING AND RESEARCH PVT. LTD_03-01-2024, INDIA RATING AND RESEARCH PVT. LTD_21-10-2022. These documents serve as a reference for additional details and provide transparency to interested parties. No similar bonds are listed at this time. 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.