Kinara Capital Private Limited

About Kinara Capital Private Limited bond with ISIN: INE200W07332

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 INE200W07332, represents a significant financial instrument. Issued by KINARA CAPITAL PRIVATE LIMITED, it comes with the following description: "G-SEC LINKED SECURED RATED LISTED REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES SERIES II DATE OF MATURITY 06/04/2025". Although the bond is currently marked as inactive, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, KINARA CAPITAL 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) U74899KA1996PTC068587 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED 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 100000 with an issue size of 7.5. It was allotted on 1/6/2023 and is scheduled for redemption on 4/6/2025. Categorized under "STRUCTURED/MARKET LINKED DEBENTURES (MLDS)" 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. The bond carries a credit rating of BBB+ as provided by INDIA RATING AND RESEARCH PVT. LTD. In the market, ratings typically range from D to AAA, and a rating of BBB+ is generally considered to be on the riskier end of the spectrum. 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: The Debentures and the Issue shall be secured by way of a first ranking exclusive and continuing charge by way of hypothecation pursuant to a deed of hypothecation to be executed between the Issuer and the Debenture Trustee – 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. The bond is supported by a variety of documents including Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, INDIA RATING AND RESEARCH PVT. LTD_07-11-2024, INDIA RATING AND RESEARCH PVT. LTD_27-09-2024, INDIA RATING AND RESEARCH PVT. LTD_15-12-2023, INDIA RATING AND RESEARCH PVT. LTD_24-11-2023, INDIA RATING AND RESEARCH PVT. LTD_22-02-2023, INDIA RATING AND RESEARCH PVT. LTD_21-01-2022. 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 INE200W07431 having a coupon rate of 10.278% and the bond with ISIN INE200W07209 having a coupon rate of 14% and the bond with ISIN INE200W08108 having a coupon rate of N/A and the bond with ISIN INE200W07233 having a coupon rate of 13.3%. 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.