Mh Infraprojects Limited
ACTIVE
ISIN: INE698F07019
Issuer Details
Issuer Name
MH INFRAPROJECTS LIMITED
Type of Issuer
Non PSU
Sector
-
Coupon Rate
20%
Industry
-
Issuer nature
-
Corporate Identity Number (CIN)
U17110GJ1981PLC004179
Name of the Lead Manager
-
Registrar
Skyline Financial Services P...
Name of Debenture Trustee
Beacon Trusteeship Ltd
Instrument Details
Instrument name as on NSDL
20% SECURED UNRATED UNLISTED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
60
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
23-06-2023
Redemption Date
31-12-2025
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
Clause 5.1.a of the DTD a first ranking pari passu charge ranking pari passu with the Existing Lender and its assignees thereon by way of registered English mortgage over the Project Mortgaged Properties
Asset Type
Details of the security
Movable Asset
Clause 5.1.c a first ranking pari passu charge by way of pledge of atleast seventy five percent of the Share Capital of the Company, held by the Pledgor 1, Pledgor 2 and Pledgor 4 accompanied by power of attorney in favour of the Debenture Trustee/Nominee Directors to act on behalf of the Company permitting sale of the securities, shares and other requisite powers, in demat form and/or any other form and manner, satisfactory of the Debenture Trustee and or Facility Agent along with power of atto
Others, Please Specify
Clause 5.1.e Personal Guarantee of the Personal Guarantors and Corporate Guarantee of the Corporate Guarantors as stipulated under the Definitive Agreements
Immovable Assets
Clause 5.1.a of the DTD a first ranking pari passu charge ranking pari passu with the Existing Lender and its assignees thereon by way of registered English mortgage over the Project Mortgaged Properties
Others, Please Specify
Demand promissory note from the Company in a form and manner satisfactory to the Debenture Trustee
Movable Asset
Clause 5.1.b a first ranking pari passu charge ranking pari passu with the Existing Lender over all the movable assets including one hundred percent of Project Receivables from sold, unsold Commercial Units, work in progress of free sale unsold stock, inventory, and any other receivables, monies, movable plant and machinery, machinery spares, tools and accessories, furniture, fixtures, vehicles and all other movable assets, both present and future, in relation to in terms of the De
Movable Asset
Clause 5.1.d a first ranking exclusive charge by way of pledge of hundred percent of the Share Capital of the Corporate Guarantor 2 held by Pledgor 1 and Pledgor 2 and hundred percent of the Share Capital of the Corporate Guarantor 3 held by Pledgor 1 and Pledgor 3 accompanied by power of attorney in favour of the Debenture Trustee, Nominee Directors to act on behalf of the Corporate Guarantor 2 and Corporate Guarantor 3 permitting sale of the securities, shares and other requisite powers, in de
Immovable Assets
Clause 5.1.e a first ranking pari passu charge by way of registered english mortgage over the Other Mortgaged Properties
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About Mh Infraprojects Limited bond with ISIN: INE698F07019
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 INE698F07019, represents a significant financial instrument. Issued by MH INFRAPROJECTS LIMITED, it comes with the following description: "20% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 31/12/2025.". 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, MH INFRAPROJECTS LIMITED, classified as N/A, 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) U17110GJ1981PLC004179 further bolster its credibility. With a coupon rate of 20, 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 60. It was allotted on 6/23/2023 and is scheduled for redemption on 12/31/2025. 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: Clause 5.1.a of the DTD a first ranking pari passu charge ranking pari passu with the Existing Lender and its assignees thereon by way of registered English mortgage over the Project Mortgaged Properties – 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. No similar bonds are listed at this time. 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.