Jk Paper Limited
ACTIVE
ISIN: INE789E07183
Issuer Details
Issuer Name
JK PAPER LIMITED
Type of Issuer
Non PSU
Sector
-
Coupon Rate
MIBOR-OIS LINKED - REFER REM...
Industry
-
Issuer nature
-
Corporate Identity Number (CIN)
L21010GJ1960PLC018099
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
MIBOR LINKED SECURED RATED U...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
335
Category of Instrument
-
Allotment Date
27-11-2018
Redemption Date
15-07-2028
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
FIRST RANKING SECURITY OVER THE FIXED ASSETS TO BE CREATED PARI PASSU WITH THE SECURITY CREATED IN FAVOUR OF THE EXISTING SECURED LENDERS
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About Jk Paper Limited bond with ISIN: INE789E07183
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 INE789E07183, represents a significant financial instrument. Issued by JK PAPER LIMITED, it comes with the following description: "MIBOR LINKED SECURED RATED UNLISTED NON CONVERTIBLE DEBENTURES LETTER OF ALLOTMENT. DATE OF MATURITY 15/07/2028". 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, JK PAPER LIMITED, classified as N/A, 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) L21010GJ1960PLC018099 further bolster its credibility. With a coupon rate of MIBOR-OIS LINKED - REFER REMARKS, this instrument has been meticulously managed with the assistance of N/A and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 335. It was allotted on 11/27/2018 and is scheduled for redemption on 7/15/2028. 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 AA as provided by CRISIL RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of AA 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: FIRST RANKING SECURITY OVER THE FIXED ASSETS TO BE CREATED PARI PASSU WITH THE SECURITY CREATED IN FAVOUR OF THE EXISTING SECURED LENDERS – 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 CRISIL RATINGS LIMITED_18-10-2022. 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 INE789E07191 having a coupon rate of MIBOR LINKED. 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.