Jyoti Structures Limited

About Jyoti Structures Limited bond with ISIN: INE197A07104

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 INE197A07104, represents a significant financial instrument. Issued by JYOTI STRUCTURES LIMITED, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.SERIES CLASS A. DATE OF MATURITY 30/11/2033". 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, JYOTI STRUCTURES 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) L45200MH1974PLC017494 further bolster its credibility. With a coupon rate of RESET RATE - YEAR 1 TO YEAR 5- 0%, YEAR 6 TO YEAR 10- 2% YEAR 11 TO YEAR 12- 4%, this instrument has been meticulously managed with the assistance of Bigshare Services Pvt. Limited and under the oversight of SBICAP Trustee Company Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 1483.32. It was allotted on 11/9/2021 and is scheduled for redemption on 11/30/2033. 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: AS MENTIONED IN THE DTD AS SCHEDULE/ ANNEXURE RELATED TO MORTGAGE OVER JSL PROPERTIES/ ASSETS, , 2) PLEDGE OF SHARES OF KANAYO R. THAKUR, PRAKASH K THAKUR, LATE RAJKUMARI K THAKUR, SURYA INDIA FINGROWTH PVT LTD – 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 INE197A07039 having a coupon rate of 14% and the bond with ISIN INE197A07096 having a coupon rate of 7% (YTM 14%) and the bond with ISIN INE197A07088 having a coupon rate of 12.5% and the bond with ISIN INE197A07062 having a coupon rate of 14%. 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.