Ixora Properties Private Limited
ACTIVE
ISIN: INE0JCM07019
Issuer Details
Issuer Name
IXORA PROPERTIES PRIVATE LIM...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
16.24%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U70109MH2021PTC368043
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
16.24% SECURED UNRATED UNLIS...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
95
Category of Instrument
Plain Vanilla Debentures
Allotment Date
10-12-2021
Redemption Date
30-11-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
175%
Details of Asset Cover
FIRST AND EXCLUSIVE CHARGE BY WAY OF REGISTERED MORTGAGE OVER PROPERTY AND/OR DEVELOPMENT RIGHTS OVER THE PROPERTY AT SANTACRUZ EAST OWNED BY THE COMPANY AND SYCAMORE REAL ESTATE PRIVATE LIMITED (PROPERTY
Asset Type
Details of the security
Immovable Assets - Properties
FIRST AND EXCLUSIVE CHARGE BY WAY OF REGISTERED MORTGAGE OVER PROPERTY AND/OR DEVELOPMENT RIGHTS OVER THE PROPERTY AT SANTACRUZ EAST OWNED BY THE COMPANY AND SYCAMORE REAL ESTATE PRIVATE LIMITED (PROPERTY
Book Debts / Receivables
HYPOTHECATION AND ESCROW OF ALL RECEIVABLES, BOTH PRESENT (INCLUDING RECEIVABLES FROM SOLD UNITS) AND FUTURE OF THE PROJECT DEVELOPED ON THE PROPERTY
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About Ixora Properties Private Limited bond with ISIN: INE0JCM07019
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 INE0JCM07019, represents a significant financial instrument. Issued by IXORA PROPERTIES PRIVATE LIMITED, it comes with the following description: "16.24% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 30/11/2026". 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, IXORA PROPERTIES 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) U70109MH2021PTC368043 further bolster its credibility. With a coupon rate of 16.24%, 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 1000000 with an issue size of 95. It was allotted on 12/10/2021 and is scheduled for redemption on 11/30/2026. 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: FIRST AND EXCLUSIVE CHARGE BY WAY OF REGISTERED MORTGAGE OVER PROPERTY AND/OR DEVELOPMENT RIGHTS OVER THE PROPERTY AT SANTACRUZ EAST OWNED BY THE COMPANY AND SYCAMORE REAL ESTATE PRIVATE LIMITED (PROPERTY – 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.