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  1. Home
  2. Maa Mahamaya Industr...

Maa Mahamaya Industries Limited

ACTIVE

ISIN: INE898P07022

Issuer Details

Instrument Details

Security Measures

Cash Flow Schedule

Credit Rating Details

Key Documents

Issuer Details


Issuer Name

MAA MAHAMAYA INDUSTRIES LIMI...

Type of Issuer

Non PSU

Sector

Capital Goods

Coupon Rate

16.5%

Industry

Industrial Manufacturing

Issuer nature

Other

Corporate Identity Number (CIN)

U27106CT2003PLC015889

Name of the Lead Manager

-

Registrar

Bigshare Services Pvt. Limit...

Name of Debenture Trustee

Vistra ITCL (India) Limited

Instrument Details


Instrument name as on NSDL

16.50% SECURED UNRATED UNLIS...

Face Value (in ₹)

1000000

Total Issue size( in ₹ Cr.)

85

Category of Instrument

OTHER TYPE OF BOND

Allotment Date

29-08-2022

Redemption Date

30-11-2025

Whether Secured or Unsecured

Secured

Put Option Date

-

Call Option Date

-

Seniority in Repayment

-

Security Measures


Asset Coverage

Principal + Interest

Asset Percentage

100%

Details of Asset Cover

All that piece of Land admeasuring Ac. 90.37.5 Cents situated in Relli Gavarammapeta Village, and Ac. 9.09 Cents situated in Sreeramapuram Village and Ac. 7.86 Cents situated in Sreeramapuram Village located at Lakkavarapukota Mandal , Vizianagaram Dist, Andhra Pradesh, India.

Sr No.

Asset Type

Details of the security

1

Book Debts / Receivables

All receivables or otherwise, and all other assets and securities which represent all amounts in the Escrow Account and all the monies, securities, instruments, investments and other properties deposited in, credited to or required to be credited or required to be deposited or lying to the credit of such Escrow Account, and any other accounts of the Company, or liable to be credited to such accounts

2

Trust & Retention Account /Escrow Accounts

all rights title interests benefits claims and demands whatsoever of the Hypothecator in respect of the Escrow Account and each of the other subaccounts required to be created by the Hypothecator under the Escrow Agreement (including but not limited to the Escrow Account or their sub accounts, or any account in substitution thereof opened pursuant to the provisions of the Escrow Agreement or any of the other Transaction Documents, and any other account or reserve of the Co

3

Current Assets

Contracts ledged and consented to by the relevant counterparties to such Contracts including any guarantees

4

Movable Asset

all moveable plant and machinery electrical systems hardware, computer software, wiring, electronics spares, machinery spares, , capacitators, tools, meters, motor vehicles, accessories, furniture, fixtures etc

5

Immovable Assets

All that piece of Land admeasuring Ac. 90.37.5 Cents situated in Relli Gavarammapeta Village, and Ac. 9.09 Cents situated in Sreeramapuram Village and Ac. 7.86 Cents situated in Sreeramapuram Village located at Lakkavarapukota Mandal , Vizianagaram Dist, Andhra Pradesh, India.

6

Others, Please Specify

Pledge of Shares

7

Tangible Assets

all rights title interests and benefits of the Company in all and singular the Company tangible moveable assets both present and future and in particular including without limitation moveable assets of the Company

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

MAA MAHAMAYA INDUSTRIES LIMITED

ISIN: INE898P07030

Coupon Rate

14.65%

Face Value (in ₹)

1000000


About Maa Mahamaya Industries Limited bond with ISIN: INE898P07022

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 INE898P07022, represents a significant financial instrument. Issued by MAA MAHAMAYA INDUSTRIES LIMITED, it comes with the following description: "16.50% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 30/11/2025". 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, MAA MAHAMAYA INDUSTRIES 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) U27106CT2003PLC015889 further bolster its credibility. With a coupon rate of 16.5, this instrument has been meticulously managed with the assistance of Bigshare Services Pvt. Limited and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 85. It was allotted on 8/29/2022 and is scheduled for redemption on 11/30/2025. Categorized under "OTHER TYPE OF BOND" 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 Infomerics Valuation and Rating 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: All that piece of Land admeasuring Ac. 90.37.5 Cents situated in Relli Gavarammapeta Village, and Ac. 9.09 Cents situated in Sreeramapuram Village and Ac. 7.86 Cents situated in Sreeramapuram Village located at Lakkavarapukota Mandal , Vizianagaram Dist, Andhra Pradesh, India. – 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 Infomerics Valuation and Rating Pvt. Ltd_06-11-2024. 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 INE898P07030 having a coupon rate of 14.65%. 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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