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  1. Home
  2. M G M Consulting Ser...

M G M Consulting Services Private Limited

INACTIVE

ISIN: INE257N07034

Issuer Details

Instrument Details

Security Measures

Cash Flow Schedule

Issuer Details


Issuer Name

M G M CONSULTING SERVICES PR...

Type of Issuer

Non PSU

Sector

-

Coupon Rate

12.41%

Industry

-

Issuer nature

Other

Corporate Identity Number (CIN)

U74900PN2010PTC135343

Name of the Lead Manager

-

Registrar

Link Intime India Private Li...

Name of Debenture Trustee

Axis Trustee Services Limite...

Instrument Details


Instrument name as on NSDL

12.41% SECURED UNRATED UNLIS...

Face Value (in ₹)

1000000

Total Issue size( in ₹ Cr.)

30

Category of Instrument

Plain Vanilla Debentures

Allotment Date

06-09-2022

Redemption Date

30-03-2025

Whether Secured or Unsecured

Secured

Put Option Date

-

Call Option Date

-

Seniority in Repayment

Senior

Security Measures


Asset Coverage

Principal

Asset Percentage

100%

Details of Asset Cover

EXCLUSIBE CHARGE OVER THE NCD ESCROW ACCOUNT FOR DEPOSITING THE PROCEEDS TOWARDS COUPON AND REDEMPTION OF THE NCDS.

Sr No.

Asset Type

Details of the security

1

Trust & Retention Account /Escrow Accounts

EXCLUSIVE CHARGE OVER THE NCD ESCROW ACCOUNT FOR DEPOSITING THE PROCEEDS TOWARDS COUPON AND REDEMPTION OF THE NCDS.

Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.

Similar Bonds

M G M CONSULTING SERVICES PRIVATE LIMITED

ISIN: INE257N07042

Coupon Rate

9.65%

Face Value (in ₹)

1000000


M G M CONSULTING SERVICES PRIVATE LIMITED

ISIN: INE257N07059

Face Value (in ₹)

1000000


About M G M Consulting Services Private Limited bond with ISIN: INE257N07034

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 INE257N07034, represents a significant financial instrument. Issued by M G M CONSULTING SERVICES PRIVATE LIMITED, it comes with the following description: "12.41% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES . DATE OF MATURITY 30/03/2025". 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, M G M CONSULTING 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) U74900PN2010PTC135343 further bolster its credibility. With a coupon rate of 12.41%, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Axis Trustee Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 30. It was allotted on 9/6/2022 and is scheduled for redemption on 3/30/2025. 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: EXCLUSIBE CHARGE OVER THE NCD ESCROW ACCOUNT FOR DEPOSITING THE PROCEEDS TOWARDS COUPON AND REDEMPTION OF THE NCDS. – 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 INE257N07042 having a coupon rate of 9.65% and the bond with ISIN INE257N07059 having a coupon rate of N/A. 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.

Disclaimer: The facts and information on this page are for information and awareness purposes only. No information provided here is intended towards any specific user and should not be construed as investment advice or a recommendation of any kind whatsoever. You are requested to consult with your professional investment advisor or tax advisor for specific directions on any investments in any securities including the bonds mentioned on this page before making any investment decision. Tap Bonds shall not be liable for any losses incurred by you based on an investment decision utilising the information.
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