Kalpataru Properties Private Limited
ACTIVE
ISIN: INE0K4J07024
Issuer Details
Issuer Name
KALPATARU PROPERTIES PRIVATE...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
12%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U74210MH1975PTC018371
Name of the Lead Manager
-
Registrar
Bigshare Services Pvt. Limit...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
12% SECURED UNRATED UNLISTED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
855
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
28-02-2024
Redemption Date
31-08-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
First ranking exclusive charge over all cash flows and receivables of the Company, from the Projects
Asset Type
Details of the security
Trust & Retention Account /Escrow Accounts
First ranking exclusive charge on the accounts
Book Debts / Receivables
First ranking exclusive charge over all cash flows and receivables of the Company, from the Projects
Movable Asset
First ranking exclusive pledge over 100 percentile shares of the Company and a first ranking pari passu pledge over 100 percentile shares of Alder Residency on fully diluted basis in favour of the Common Security Trustee
Non-Current Investments
First ranking exclusive pledge over 100 percentile shares of the Company and a first ranking pari passu pledge over 100 percentile shares of Alder Residency on fully diluted basis which will be created within timelines set out in the finance documents
Others, Please Specify
Personal Guarantee from Mr Parag Munot Corporate Guarantee from Kalpataru Gardens Private Limited and Abhiruchi Orchards Private Limited and Alder Residency Private Limited
Immovable Assets
First ranking exclusive pari passu security by way of mortgage on the project vivant project azuro and project catalyst including both underlying land as well as any buildings structures and development potential or rights
Current Assets
First ranking exclusive charge over the current assets in relation to the Projects
Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.
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About Kalpataru Properties Private Limited bond with ISIN: INE0K4J07024
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 INE0K4J07024, represents a significant financial instrument. Issued by KALPATARU PROPERTIES PRIVATE LIMITED, it comes with the following description: "12% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE LETTER OF ALLOTMENT DATE OF MATURITY 31/08/2027". 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, KALPATARU 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) U74210MH1975PTC018371 further bolster its credibility. With a coupon rate of 12, this instrument has been meticulously managed with the assistance of Bigshare Services Pvt. Limited and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 855. It was allotted on 2/28/2024 and is scheduled for redemption on 8/31/2027. 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 ranking exclusive charge over all cash flows and receivables of the Company, from the Projects – 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.