Mgm Realtors Private Limited
INACTIVE
ISIN: INE596T07032
Issuer Details
Issuer Name
MGM REALTORS PRIVATE LIMITED
Type of Issuer
Non PSU
Sector
-
Coupon Rate
24%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U45200DL2008PTC181473
Name of the Lead Manager
-
Registrar
Beetal Financial & Computers...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
24% SECURED REDEEMABLE LISTE...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
29
Category of Instrument
-
Allotment Date
04-07-2017
Redemption Date
10-07-2020
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
A FIRST RANKING PARI PASSU EQUITABLE MORTGAGE ON A PROPERTY SITUATED AT KH NO. 51/2 MIN AND 53/2 MIN VILLAGE SULTANPUR, TEHSIL HAUZ KHAS, MEHRAULL..CONTACT ISSUER FOR FURTHER DETAILS
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About Mgm Realtors Private Limited bond with ISIN: INE596T07032
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 INE596T07032, represents a significant financial instrument. Issued by MGM REALTORS PRIVATE LIMITED, it comes with the following description: "24% SECURED REDEEMABLE LISTED NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 05/07/2020". 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, MGM REALTORS 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) U45200DL2008PTC181473 further bolster its credibility. With a coupon rate of 24%, this instrument has been meticulously managed with the assistance of Beetal Financial & Computers Services Pvt. Ltd. and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 29. It was allotted on 7/4/2017 and is scheduled for redemption on 7/10/2020. 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. The bond carries a credit rating of D as provided by BRICKWORK RATINGS INDIA PRIVATE LIMITED. In the market, ratings typically range from D to AAA, and a rating of D is generally considered to be on the riskier end of the spectrum. 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 PARI PASSU EQUITABLE MORTGAGE ON A PROPERTY SITUATED AT KH NO. 51/2 MIN AND 53/2 MIN VILLAGE SULTANPUR, TEHSIL HAUZ KHAS, MEHRAULL..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. The bond is supported by a variety of documents including Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, BRICKWORK RATINGS INDIA PRIVATE LIMITED_10-10-2024, BRICKWORK RATINGS INDIA PRIVATE LIMITED_11-10-2023, BRICKWORK RATINGS INDIA PRIVATE LIMITED_15-09-2022, BRICKWORK RATINGS INDIA PRIVATE LIMITED_15-09-2021, BRICKWORK RATINGS INDIA PRIVATE LIMITED_14-09-2020. 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 INE596T07024 having a coupon rate of 24% and the bond with ISIN INE596T07040 having a coupon rate of 19.45%. 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.