Mahaveer Finance (india) Limited
ACTIVE
ISIN: INE911L08038
Issuer Details
Issuer Name
MAHAVEER FINANCE (INDIA) LIM...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
5%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65191TN1981PLC008555
Name of the Lead Manager
-
Registrar
Cameo Corporate Services Ltd
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
5% UNSECURED UNLISTED COMPUL...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
25
Category of Instrument
-
Allotment Date
04-01-2018
Redemption Date
03-01-2037
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
N.A.
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About Mahaveer Finance (india) Limited bond with ISIN: INE911L08038
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 INE911L08038, represents a significant financial instrument. Issued by MAHAVEER FINANCE (INDIA) LIMITED, it comes with the following description: "5% UNSECURED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. SERIES 1-2500. DATE OF CONVERSION 03/01/2037". 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, MAHAVEER FINANCE (INDIA) 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) U65191TN1981PLC008555 further bolster its credibility. With a coupon rate of 5%, this instrument has been meticulously managed with the assistance of Cameo Corporate Services Ltd and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 25. It was allotted on 1/4/2018 and is scheduled for redemption on 1/3/2037. Categorized under "-" and defined as Unsecured, 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: N.A. – 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 INE911L07139 having a coupon rate of N/A and the bond with ISIN INE911L08046 having a coupon rate of 17% and the bond with ISIN INE911L07105 having a coupon rate of 13.15% and the bond with ISIN INE911L07089 having a coupon rate of 14%. 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.