Marvel Realtors And Developers Limited
INACTIVE
ISIN: INE099T07011
Issuer Details
Issuer Name
MARVEL REALTORS AND DEVELOPE...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
16%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U70102PN2006PTC128506
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
16% SECURED OPTIONALLY CONVE...
Face Value (in ₹)
1
Total Issue size( in ₹ Cr.)
44
Category of Instrument
-
Allotment Date
11-12-2014
Redemption Date
10-12-2016
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
1. MORTGAGE BY WAY OF FIRST CHARGE ON THE DEVELOPMENT RIGHTS, TITLE AND INTEREST OF THE COMPANY OF LAND ADMEASURING (i) 4300 SQ MTRS BEARING SURVEY NO. 151 HISSA NO. 19 AND (ii) 2100 SQ MTRS BEARING SURVEY NO 151 HISSA NO 20 SITUATED AT VILLAGE HADAPSAR, TAL HAVELI, DIST. PUNE AND COMPANY'S SHARE OF RECEIVABLES FROM THE PROJECT KNOWN AS MARVEL SENTINEL. 2. AS PER MORTGAGE DEED DATED 23/03/2015 MORTGAGE TO BE CREATED BY WAY OF SECOND CHARGE ON THE DEVELOPMENT..CONTACT ISSUER FOR FURTHER DETAILS
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About Marvel Realtors And Developers Limited bond with ISIN: INE099T07011
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 INE099T07011, represents a significant financial instrument. Issued by MARVEL REALTORS AND DEVELOPERS LIMITED, it comes with the following description: "16% SECURED OPTIONALLY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 10/12/2016 ". Although the bond is currently marked as inactive, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, MARVEL REALTORS AND DEVELOPERS 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) U70102PN2006PTC128506 further bolster its credibility. With a coupon rate of 16%, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1 with an issue size of 44. It was allotted on 12/11/2014 and is scheduled for redemption on 12/10/2016. Categorized under "-" 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: 1. MORTGAGE BY WAY OF FIRST CHARGE ON THE DEVELOPMENT RIGHTS, TITLE AND INTEREST OF THE COMPANY OF LAND ADMEASURING (i) 4300 SQ MTRS BEARING SURVEY NO. 151 HISSA NO. 19 AND (ii) 2100 SQ MTRS BEARING SURVEY NO 151 HISSA NO 20 SITUATED AT VILLAGE HADAPSAR, TAL HAVELI, DIST. PUNE AND COMPANY'S SHARE OF RECEIVABLES FROM THE PROJECT KNOWN AS MARVEL SENTINEL. 2. AS PER MORTGAGE DEED DATED 23/03/2015 MORTGAGE TO BE CREATED BY WAY OF SECOND CHARGE ON THE DEVELOPMENT..CONTACT ISSUER FOR FURTHER DETAILS – 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 INE099T07029 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.