Micro Azure Computers Private Limited
ACTIVE
ISIN: INE0SA307018
Issuer Details
Issuer Name
MICRO-AZURE COMPUTERS PRIVAT...
Type of Issuer
Non PSU
Sector
Information Technology
Coupon Rate
10%
Industry
IT - Hardware
Issuer nature
Other
Corporate Identity Number (CIN)
U74899DL1995PTC074335
Name of the Lead Manager
-
Registrar
Alankit Assignments Limited
Name of Debenture Trustee
Beacon Trusteeship Ltd
Instrument Details
Instrument name as on NSDL
10% SECURED UNRATED UNLISTED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
45
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
21-03-2024
Redemption Date
28-02-2029
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
591%
Details of Asset Cover
first ranking and exclusive hypothecation on the Hypothecated Properties pursuant to the Deed of Hypothecation
Asset Type
Details of the security
Current Assets
first ranking and exclusive hypothecation on the Hypothecated Properties pursuant to the Deed of Hypothecation
Others, Please Specify
first ranking and exclusive pledge on 9.583% shares held by Company in Tenon Facility Management India Private Limited, first ranking and exclusive pledge on 99.995 percent equity shares held by Promoter in the Company, first ranking and exclusive pledge on 41.417 percent equity shares held by Promoter in Tenon Facility Management India Private Limited , Personal Guarantee of Promoter, Demand Promissory Note and a Letter of Continuity issued in favour of the Trustee
Current Assets
first ranking and exclusive hypothecation on the Hypothecated Properties pursuant to the Deed of Hypothecation
Non-Current Investments
first ranking and exclusive pledge on 9.583% shares held by Company in Tenon Facility Management India Private Limited
Current Assets
first ranking and exclusive hypothecation on the Hypothecated Properties pursuant to the Deed of Hypothecation
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About Micro Azure Computers Private Limited bond with ISIN: INE0SA307018
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 INE0SA307018, represents a significant financial instrument. Issued by MICRO-AZURE COMPUTERS PRIVATE LIMITED, it comes with the following description: "10% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 28/02/2029". 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, MICRO-AZURE COMPUTERS 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) U74899DL1995PTC074335 further bolster its credibility. With a coupon rate of 10, this instrument has been meticulously managed with the assistance of Alankit Assignments 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 45. It was allotted on 3/21/2024 and is scheduled for redemption on 2/28/2029. 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 ranking and exclusive hypothecation on the Hypothecated Properties pursuant to the Deed of Hypothecation – 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.