Kmc Infratech Limited
ACTIVE
ISIN: INE816L07023
Issuer Details
Issuer Name
KMC INFRATECH LIMITED
Type of Issuer
Non PSU
Sector
Services
Coupon Rate
-
Industry
Engineering Services
Issuer nature
-
Corporate Identity Number (CIN)
U45200TG2008PLC057928
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
SECURED UNRATED UNLISTED RED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
65
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
22-05-2024
Redemption Date
21-05-2027
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
afirst ranking charge over the fixed deposit of Rs.100 Crores maintained by KMC Infratech Limited ("KMCIL") and a first ranking charge over all accounts of KMCIL
Asset Type
Details of the security
Intangible Assets
NA
Tangible Assets
NA
Trust & Retention Account /Escrow Accounts
first ranking charge over the Trust and Retention Account, Debt Service Reserve Account, sub accounts (or any account in substitution thereof) that may be opened in accordance with the debenture trust deed and all funds deposited therein from time to time.
Book Debts / Receivables
afirst ranking charge over (i) all amounts owing, accrued, payable to and /or received by or to be received by KMCIL from CEPL which are due, owing, payable, belonging to KMCIL or which may at any time before due, owing, payable or belonging to KMCIL , including without limitation all revenue, dividends, loans , interest and all other distributions , proceeds including sale proceeds from any sale of the CEPLs shares by the KMCIL and consideration due to the KMCIL from CEPL and all right
Immovable Assets
afirst ranking mortgage on the land created by Mr. Raja Mohan Reddy Mekapati.
Movable Asset
NA
Non-Current Investments
NA
Others, Please Specify
afirst ranking pledge over all the securities of KMCIL, a first ranking pledge over all the securities of CEPL, unconditional and irrevocable personal guarantee by M. Pruthvi Kumar Reddy, unconditional and irrevocable corporate guarantee by KMC Constructions Limited, demand promissory note and letter of continuity from KMCL and undated cheques from KMCIL with respect to all its redemption obligations in relation to the debentures
Current Assets
afirst ranking charge over the fixed deposit of Rs.100 Crores maintained by KMC Infratech Limited ("KMCIL") and a first ranking charge over all accounts of KMCIL
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About Kmc Infratech Limited bond with ISIN: INE816L07023
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 INE816L07023, represents a significant financial instrument. Issued by KMC INFRATECH LIMITED, it comes with the following description: "SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 21/05/2027". 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, KMC INFRATECH LIMITED, classified as N/A, 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) U45200TG2008PLC057928 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 65. It was allotted on 5/22/2024 and is scheduled for redemption on 5/21/2027. 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: afirst ranking charge over the fixed deposit of Rs.100 Crores maintained by KMC Infratech Limited ("KMCIL") and a first ranking charge over all accounts of KMCIL – 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 INE646J07044 having a coupon rate of 14%. 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.