Loantap Financial Technologies Private Limited
ACTIVE
ISIN: INE0BUF07020
Issuer Details
Issuer Name
LOANTAP FINANCIAL TECHNOLOGI...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
14.25%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U67100MH2016PTC280879
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
14.25% SECURED UNRATED UNLIS...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
7.5
Category of Instrument
OTHERS
Allotment Date
07-01-2023
Redemption Date
22-12-2025
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
The Hypothecated Properties include each of the fixed and current assets of the Company whether present or future with a minimum security cover to the extent of 1.1X (one point one times) of the Amounts Due, other than the equity shares or preference shares of the Subsidiaries as held by the Company, whether present or future
Asset Type
Details of the security
Others, Please Specify
The Hypothecated Properties include each of the fixed and current assets of the Company whether present or future with a minimum security cover to the extent of 1.1X (one point one times) of the Amounts Due, other than the equity shares or preference shares of the Subsidiaries as held by the Company, whether present or future
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Similar Bonds
About Loantap Financial Technologies Private Limited bond with ISIN: INE0BUF07020
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 INE0BUF07020, represents a significant financial instrument. Issued by LOANTAP FINANCIAL TECHNOLOGIES PRIVATE LIMITED, it comes with the following description: "14.25% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES B DATE OF MATURITY 22/12/2025.". 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, LOANTAP FINANCIAL TECHNOLOGIES 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) U67100MH2016PTC280879 further bolster its credibility. With a coupon rate of 14.25, this instrument has been meticulously managed with the assistance of N/A and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 7.5. It was allotted on 1/7/2023 and is scheduled for redemption on 12/22/2025. 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: The Hypothecated Properties include each of the fixed and current assets of the Company whether present or future with a minimum security cover to the extent of 1.1X (one point one times) of the Amounts Due, other than the equity shares or preference shares of the Subsidiaries as held by the Company, whether present or future – 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 INE0BUF07012 having a coupon rate of 14.25%. 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.