K N S Infracon Private Limited
ACTIVE
ISIN: INE0IFK07018
Issuer Details
Issuer Name
K N S INFRACON PRIVATE LIMIT...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
12%IRR
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U45400DL2007PTC167520
Name of the Lead Manager
-
Registrar
Beetal Financial & Computers...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
12% IRR SECURED UNRATED UNLI...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
116.9
Category of Instrument
Plain Vanilla Debentures
Allotment Date
29-09-2022
Redemption Date
29-03-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
FIRST CHARGE BY WAY OF HYPOTHECATION OVER THE RECEIVABLES OF THE COMPANY / BORROWER FROM THE PROJECT AND ALL RIGHTS OF DEVELOPER OVER THE SOLD UNITS / AGREEMENT TO SELL. FIRST CHARGE BY WAY OF ALL THE CURRENT AND NON-CURRENT ASSETS, PRESENT AND FUTURE, TANGIBLE AND INTANGIBLE, OF THE BORROWER IN RELATION TO PROJECT
Asset Type
Details of the security
Current Assets
First charge by way of Hypothecation over the receivables of the Company / Borrower from the Project and all rights of Developer over the Sold units / Agreement to Sell. First charge by way of all the current and non-current assets, present and future, tangible and intangible, of the Borrower in relation to Project
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About K N S Infracon Private Limited bond with ISIN: INE0IFK07018
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 INE0IFK07018, represents a significant financial instrument. Issued by K N S INFRACON PRIVATE LIMITED, it comes with the following description: "12% IRR SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 29/03/2026.". 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, K N S INFRACON 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) U45400DL2007PTC167520 further bolster its credibility. With a coupon rate of 12%IRR, this instrument has been meticulously managed with the assistance of Beetal Financial & Computers Services Pvt. Ltd. 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 1000000 with an issue size of 116.9. It was allotted on 9/29/2022 and is scheduled for redemption on 3/29/2026. 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 CHARGE BY WAY OF HYPOTHECATION OVER THE RECEIVABLES OF THE COMPANY / BORROWER FROM THE PROJECT AND ALL RIGHTS OF DEVELOPER OVER THE SOLD UNITS / AGREEMENT TO SELL. FIRST CHARGE BY WAY OF ALL THE CURRENT AND NON-CURRENT ASSETS, PRESENT AND FUTURE, TANGIBLE AND INTANGIBLE, OF THE BORROWER IN RELATION TO PROJECT – 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.