Kns Vintage Infra Private Limited
ACTIVE
ISIN: INE0O6H07029
Issuer Details
Issuer Name
KNS VINTAGE INFRA PRIVATE LI...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
18.5%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U70109KA2022PTC161927
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
18.50% SECURED UNRATED UNLIS...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
25
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
19-06-2024
Redemption Date
19-06-2028
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
225%
Details of Asset Cover
First & exclusive charge by way of mortgage on underlying land, unsold units and all future receivables of Project 1, 2 and 3.
Asset Type
Details of the security
Others, Please Specify
PDCs, DPN, Letter of Continuity, Right of Sale, etc
Others, Please Specify
Personal guarantee of the Promoter.
Others, Please Specify
Corporate guarantee of KNS Infrastructure Private Limited
Others, Please Specify
hundred percent share pledge of Borrowing SPV
Others, Please Specify
An cash cover of 2.25 times the Principal to be maintained by the Developer at all times on full loan. The Developer coobligors shall bridge the shortfall if any in meeting this cover through promoter contributions
Immovable Assets
First & exclusive charge by way of mortgage on underlying land, unsold units and all future receivables of Project 1, 2 and 3.
Trust & Retention Account /Escrow Accounts
hundred percent hypothecation and sole escrow control of cashflows from Projects
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About Kns Vintage Infra Private Limited bond with ISIN: INE0O6H07029
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 INE0O6H07029, represents a significant financial instrument. Issued by KNS VINTAGE INFRA PRIVATE LIMITED, it comes with the following description: "18.50% SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 19/06/2028.". 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, KNS VINTAGE INFRA 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) U70109KA2022PTC161927 further bolster its credibility. With a coupon rate of 18.5, 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 1000000 with an issue size of 25. It was allotted on 6/19/2024 and is scheduled for redemption on 6/19/2028. 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 & exclusive charge by way of mortgage on underlying land, unsold units and all future receivables of Project 1, 2 and 3. – 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 INE0O6H07011 having a coupon rate of 18.25%. 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.