Keywest Eduinfra & Services Private Limited
ACTIVE
ISIN: INE0QAS07015
Issuer Details
Issuer Name
KEYWEST EDUINFRA & SERVICES ...
Type of Issuer
Non PSU
Sector
Construction
Coupon Rate
14%
Industry
Construction
Issuer nature
Other
Corporate Identity Number (CIN)
U68100DL2017PTC325506
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
14% SECURED UNRATED UNLISTED...
Face Value (in ₹)
10000
Total Issue size( in ₹ Cr.)
150
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
28-06-2023
Redemption Date
30-06-2029
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 ranking and exclusive mortgage in form and substance acceptable to the Debenture Trustee acting in accordance with Approved Instructions of over in respect of the Project Lands and the Development Rightz which for the avoidance of doubt, shall include all existing and future buildings and structures (including, the Units) standing/ constructed on the Project Lands and all fixtures and fittings attached thereto, together with all rights, title, interest, benefits and claims whatsoever of th
Asset Type
Details of the security
Others, Please Specify
Corporate guarantee from HTPL, which shall be limited to an amount of INR 40,00,00,000 (Indian Rupees forty crore), in the manner, and as more particularly, described in the relevant Security Documents
Others, Please Specify
First ranking and exclusive charge by way of hypothecation on all the Receivables including from the Projects the relevant Bank Accounts as determined by the Debenture Trustee and other movable property assets rights as determined by the Debenture Trustee in each case in the manner and as more particularly described in the relevant Security Documents
Others, Please Specify
Charge by way of hypothecation on HTPL entitlement in the surplus receivables which shall be limited to an amount of INR 400000000 Indian Rupees forty crore from the group housing project being constructed on land admeasuring approximately 9.3 nine point three acres in Sector 102 Gurgaon by HTPL and on all applicable accounts where such surplus receivables are deposited in the manner and as more particularly described in the relevant Security Documents
Others, Please Specify
The Non Disposal Undertaking in the manner and as more particularly described in the relevant Security Documents
Others, Please Specify
Corporate guarantee from TGB, which shall be limited to an amount equivalent to the value of the Mortgage Properties being provided by it as Security, based on the last available valuation report, subject to a minimum of INR 100,00,00,000 (Indian Rupees one hundred crore), and as more particularly, described in the relevant Security Documents
Others, Please Specify
First ranking and exclusive pledge and charge over in respect of the Pledged Shares in the manner and as more particularly described in the relevant Security Documents
Others, Please Specify
First ranking and exclusive mortgage in form and substance acceptable to the Debenture Trustee acting in accordance with Approved Instructions of over in respect of the Project Lands and the Development Rightz which for the avoidance of doubt, shall include all existing and future buildings and structures (including, the Units) standing/ constructed on the Project Lands and all fixtures and fittings attached thereto, together with all rights, title, interest, benefits and claims whatsoever of th
Others, Please Specify
Demand promissory note and letter of continuity in favour of the Investor/ Debenture Trustee
Others, Please Specify
Corporate guarantee from Obligor 3, which shall be limited to an amount equivalent to the value of the Mortgage Properties being provided by it as Security, based on the last available valuation report, subject to a minimum of INR 50,00,00,000 (Indian Rupees fifty crore), in the manner, and as more particularly, described in the relevant Security Documents
Others, Please Specify
Any other security/ Security Interests as may be mutually agreed between the relevant Security Providers and the Investor/ Debenture Trustee.
Others, Please Specify
Post Dated Cheques The Company shall handover to the Investor Debenture Trustee cheques for the amounts payable towards redemption of the Debentures or any tranche thereof as per the Repayment Schedule, including the Redemption Premium and Coupon payable, together with the letter from the Company in the format provided in SCHEDULE 13 hereto
Others, Please Specify
such other Security Interest as may be mutually agreed upon by the CIPL and Debenture Trustee to be created and perfected with respect to the mixed use project proposed to be developed by Oro Bloom Developments Private Limited in Kamla Nagar, Delhi and
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About Keywest Eduinfra & Services Private Limited bond with ISIN: INE0QAS07015
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 INE0QAS07015, represents a significant financial instrument. Issued by KEYWEST EDUINFRA & SERVICES PRIVATE LIMITED, it comes with the following description: "14% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 30/06/2029". 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, KEYWEST EDUINFRA & SERVICES 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) U68100DL2017PTC325506 further bolster its credibility. With a coupon rate of 14, this instrument has been meticulously managed with the assistance of N/A and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 10000 with an issue size of 150. It was allotted on 6/28/2023 and is scheduled for redemption on 6/30/2029. 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 and exclusive mortgage in form and substance acceptable to the Debenture Trustee acting in accordance with Approved Instructions of over in respect of the Project Lands and the Development Rightz which for the avoidance of doubt, shall include all existing and future buildings and structures (including, the Units) standing/ constructed on the Project Lands and all fixtures and fittings attached thereto, together with all rights, title, interest, benefits and claims whatsoever of th – 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 INE0QAS07023 having a coupon rate of 13.99% and the bond with ISIN INE0QAS07031 having a coupon rate of 14.01%. 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.