Maa Mahamaya Industries Limited
ACTIVE
ISIN: INE898P07030
Issuer Details
Issuer Name
MAA MAHAMAYA INDUSTRIES LIMI...
Type of Issuer
Non PSU
Sector
Capital Goods
Coupon Rate
14.65%
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
14.65% SECURED UNRATED UNLIS...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
20
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
30-08-2023
Redemption Date
11-11-2026
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
Personal Guarantee provided by Shri Ashok Kumar Agrawal, Smt. Anita Agrawal and Shri Anunay Agrawal.
Asset Type
Details of the security
Immovable Assets
All that piece and parcel of land admeasuring Ac. 107.32 Cents situated in Relli Gaviramma Peta Village and Sreerampuram Village situated in Lakkavarapukota Mandal, Vizianagaram District, Andhra Pradesh
Movable Asset
The Secured Obligations as appearing in the Principal DoH shall also cover Issue 2. Accordingly, any reference to the term Debentures under the Principal DoH shall mean and include, collectively, the Issue 1 and the Issue 2
Others, Please Specify
Corporate guarantee given by M/s. GVA Industries Pvt. Ltd. and M/s. Sri Maa Mahamaya Power Limited.
Others, Please Specify
Personal Guarantee provided by Shri Ashok Kumar Agrawal, Smt. Anita Agrawal and Shri Anunay Agrawal.
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About Maa Mahamaya Industries Limited bond with ISIN: INE898P07030
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 INE898P07030, represents a significant financial instrument. Issued by MAA MAHAMAYA INDUSTRIES LIMITED, it comes with the following description: "14.65% SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. DATE OF MATURITY 11/11/2026.". 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 14.65, 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 20. It was allotted on 8/30/2023 and is scheduled for redemption on 11/11/2026. 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. 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: Personal Guarantee provided by Shri Ashok Kumar Agrawal, Smt. Anita Agrawal and Shri Anunay Agrawal. – 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 INE898P07022 having a coupon rate of 16.5%. 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.