Meru Parvat Structure Private Limited
ACTIVE
ISIN: INE0KMG07018
Issuer Details
Issuer Name
MERU PARVAT STRUCTURE PRIVAT...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
17.50%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U45205KA2014PTC075250
Name of the Lead Manager
-
Registrar
Skyline Financial Services P...
Name of Debenture Trustee
Beacon Trusteeship Ltd
Instrument Details
Instrument name as on NSDL
17.50% SECURED UNRATED UNLIS...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
40
Category of Instrument
Plain Vanilla Debentures
Allotment Date
18-07-2022
Redemption Date
30-06-2025
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
A FIRST RANKING EXCLUSIVE CHARGE BY WAY OF REGISTERED EQUITABLE MORTGAGE ON THE ENTIRE PROJECT LAND PLOTS OF THE PROJECT NAME TREE OF LIFE, AS MORE PARTICULARLY MENTIONED IN THE DEBENTURE TRUST DEED, FOR MORE DETAILS PLEASE CONTACT TO ISSUER
Asset Type
Details of the security
Immovable Assets - Properties
A FIRST RANKING EXCLUSIVE CHARGE BY WAY OF REGISTERED EQUITABLE MORTGAGE ON THE ENTIRE PROJECT LAND PLOTS OF THE PROJECT NAME TREE OF LIFE, AS MORE PARTICULARLY MENTIONED IN THE DEBENTURE TRUST DEED, FOR MORE DETAILS PLEASE CONTACT TO ISSUER
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About Meru Parvat Structure Private Limited bond with ISIN: INE0KMG07018
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 INE0KMG07018, represents a significant financial instrument. Issued by MERU PARVAT STRUCTURE PRIVATE LIMITED, it comes with the following description: "17.50% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/06/2025". 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, MERU PARVAT STRUCTURE 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) U45205KA2014PTC075250 further bolster its credibility. With a coupon rate of 17.50%, this instrument has been meticulously managed with the assistance of Skyline Financial Services Private Limited and under the oversight of Beacon Trusteeship Ltd, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 40. It was allotted on 7/18/2022 and is scheduled for redemption on 6/30/2025. 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: A FIRST RANKING EXCLUSIVE CHARGE BY WAY OF REGISTERED EQUITABLE MORTGAGE ON THE ENTIRE PROJECT LAND PLOTS OF THE PROJECT NAME TREE OF LIFE, AS MORE PARTICULARLY MENTIONED IN THE DEBENTURE TRUST DEED, FOR MORE DETAILS PLEASE CONTACT TO ISSUER – 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 INE002A08534 having a coupon rate of 9.05% and 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 INE003L07077 having a coupon rate of 14.25%XIRR AND 7.26 GSEC LINKED. 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.