Keertana Finserv Private Limited
ACTIVE
ISIN: INE0NES07014
Issuer Details
Issuer Name
KEERTANA FINSERV PRIVATE LIM...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
14.9%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65100WB1996PTC077252
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
14.9% SECURED UNRATED UNLIST...
Face Value (in ₹)
10000000
Total Issue size( in ₹ Cr.)
25
Category of Instrument
OTHERS
Allotment Date
17-04-2023
Redemption Date
30-09-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal
Asset Percentage
110%
Details of Asset Cover
Hypothecation of present & future loan receivables to the extent of 110% of the loan outstanding
Asset Type
Details of the security
Book Debts / Receivables
Hypothecation of present & future loan receivables to the extent of 110% of the loan outstanding
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About Keertana Finserv Private Limited bond with ISIN: INE0NES07014
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 INE0NES07014, represents a significant financial instrument. Issued by KEERTANA FINSERV PRIVATE LIMITED, it comes with the following description: "14.9% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 30/09/2025". 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, KEERTANA FINSERV 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) U65100WB1996PTC077252 further bolster its credibility. With a coupon rate of 14.9, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 10000000 with an issue size of 25. It was allotted on 4/17/2023 and is scheduled for redemption on 9/30/2025. 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: Hypothecation of present & future loan receivables to the extent of 110% of the loan outstanding – 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 INE0NES07030 having a coupon rate of 11.65% and the bond with ISIN INE0NES07212 having a coupon rate of 11.4% and the bond with ISIN INE0NES07097 having a coupon rate of 11.4% and the bond with ISIN INE0NES07113 having a coupon rate of 11.4%. 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.