Mangalnath Developers Private Limited
ACTIVE
ISIN: INE0OEM07015
Issuer Details
Issuer Name
MANGALNATH DEVELOPERS PRIVAT...
Type of Issuer
Non PSU
Sector
Construction Materials
Coupon Rate
21%
Industry
Other Construction Materials
Issuer nature
Other
Corporate Identity Number (CIN)
U45309MH2022PTC385881
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
21% SECURED UNRATED UNLISTED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
10
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
10-02-2023
Redemption Date
10-02-2026
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
Cost overrun/deviation infusion undertaking
Asset Type
Details of the security
Others, Please Specify
Cost overrun/deviation infusion undertaking
Others, Please Specify
Other Security or Collateral Security to be detailed post diligence or in case specifically asked/mentioned by the investment comittee
Others, Please Specify
Exclusive charge through hypothecation of all the movable assets including scheduled receivables and contractual rights, both present and future
Others, Please Specify
Escrow of all the cash flows and charge over all the banks accounts
Others, Please Specify
Personal Guarantee of all promoters
Movable Asset
Exclusive charge through mortgage of existing and future development right together with all buildings & structures thereon
Others, Please Specify
Debt Service Reserve of at least 1 quarter servicing
Others, Please Specify
Pledge of 100% shareholding of the company
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About Mangalnath Developers Private Limited bond with ISIN: INE0OEM07015
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 INE0OEM07015, represents a significant financial instrument. Issued by MANGALNATH DEVELOPERS PRIVATE LIMITED, it comes with the following description: "21% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES A TRANCHE 1 DATE OF MATURITY 10/02/2026.". 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, MANGALNATH DEVELOPERS 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) U45309MH2022PTC385881 further bolster its credibility. With a coupon rate of 21, 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 10. It was allotted on 2/10/2023 and is scheduled for redemption on 2/10/2026. 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. 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: Cost overrun/deviation infusion undertaking – 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 INE0OEM07023 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.