Mansarovar Outdoors Private Limited
ACTIVE
ISIN: INE838Y07012
Issuer Details
Issuer Name
MANSAROVAR OUTDOORS PRIVATE ...
Type of Issuer
Non PSU
Sector
Media, Entertain ment & Publ...
Coupon Rate
14%
Industry
Media
Issuer nature
Other
Corporate Identity Number (CIN)
U74300MH2004PTC146104
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
14% SECURED UNRATED UNLISTED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
10
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
05-06-2024
Redemption Date
20-08-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
200%
Details of Asset Cover
First charge by way of mortgage over the premises bearing flat no. 2104 on the 21st floor, Wing 9 of the proposed building known as Ten BKC, registered as a real estate project. 2 (Two) number of Car parking spaces allotted as an exclusive additional amenity in the basement of the proposed building.
Asset Type
Details of the security
Book Debts / Receivables
AS MENTIONED UNDER POINT 2 (MOVABLE ASSET)
Tangible Assets
AS MENTIONED UNDER POINT 2 (MOVABLE ASSET)
Immovable Assets
First charge by way of mortgage over the premises bearing flat no. 2104 on the 21st floor, Wing 9 of the proposed building known as Ten BKC, registered as a real estate project. 2 (Two) number of Car parking spaces allotted as an exclusive additional amenity in the basement of the proposed building.
Movable Asset
First charge over all singular current and non current assets and movable fixed Assets, owned, possessed by the Company, both present and future, and all singular current and non current assets, Movable Assets owned and possessed by Laqshya Media Limited and Key Subsidiaries (Laqshya Event IP Private Limited, Laqshya Live Experiences Private Limited, Tempus Fugit Private Limited) as described in detail in Debenture Trust Deed, Deed of Hypothecation and other transaction documents
Non-Current Investments
AS MENTIONED ABOVE
Trust & Retention Account /Escrow Accounts
First charge over all rights, title, interest, benefits, claims and demands whatsoever (both present and future) of the Company in, to, under and in respect of separate bank accounts of Laqshya Media Limited, Mansarovar Outdoors Private Limited and Laqshya Live Experiences Private Limited ("Escrow Accounts") as detailed in the Deed of Hypothecation and Debenture Trust Deed.
Intangible Assets
AS MENTIONED UNDER POINT 2 (MOVABLE ASSET)
Current Assets
AS MENTIONED UNDER POINT 2 (MOVABLE ASSET)
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About Mansarovar Outdoors Private Limited bond with ISIN: INE838Y07012
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 INE838Y07012, represents a significant financial instrument. Issued by MANSAROVAR OUTDOORS PRIVATE LIMITED, it comes with the following description: "14% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 20/08/2027". 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, MANSAROVAR OUTDOORS 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) U74300MH2004PTC146104 further bolster its credibility. With a coupon rate of 14, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE 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 100000 with an issue size of 10. It was allotted on 6/5/2024 and is scheduled for redemption on 8/20/2027. 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: First charge by way of mortgage over the premises bearing flat no. 2104 on the 21st floor, Wing 9 of the proposed building known as Ten BKC, registered as a real estate project. 2 (Two) number of Car parking spaces allotted as an exclusive additional amenity in the basement of the proposed building. – 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 INE005X08018 having a coupon rate of 9% and the bond with ISIN INE002Z08077 having a coupon rate of N/A and the bond with ISIN INE0NO807016 having a coupon rate of 16% and the bond with ISIN INE003S07247 having a coupon rate of 9.3%. 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.