Milan Interbuilt Private Limited
ACTIVE
ISIN: INE1JN807012
Issuer Details
Issuer Name
MILAN INTERBUILT PRIVATE LIM...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
-
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U45200MH2005PTC157993
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 UNRATED UNLISTED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
5
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
06-03-2025
Redemption Date
05-03-2030
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
Sole and exclusive right by way of registered mortgage of development rights to the extent of developers portion of unsold and booked area in this project including receivables from sold, booked and unsold units. Including all present & future development potential in the form of TDR, premium FSI, etc.
Asset Type
Details of the security
Others, Please Specify
Personal guarantee of promoters.
Immovable Assets
Hypothecation of all the monies liable to be credited to the Escrow account(s) designated for receiving the mortgage property receivables.
Others, Please Specify
Sole and exclusive Charge on ISRA
Others, Please Specify
Post dated cheques for Interest and redemption amounts.
Immovable Assets
First exclusive mortgage by way of the debenture trustee on all the scheduled receivables of the project and all insurance proceeds, both present and future.
Immovable Assets
Sole and exclusive right by way of registered mortgage of development rights to the extent of developers portion of unsold and booked area in this project including receivables from sold, booked and unsold units. Including all present & future development potential in the form of TDR, premium FSI, etc.
Others, Please Specify
Hundred percent pledge of Equity Shares of the issuer Company read with terms mentioned in shares pledge and release schedules
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About Milan Interbuilt Private Limited bond with ISIN: INE1JN807012
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 INE1JN807012, represents a significant financial instrument. Issued by MILAN INTERBUILT PRIVATE LIMITED, it comes with the following description: "16% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 05/03/2030". 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, MILAN INTERBUILT 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) U45200MH2005PTC157993 further bolster its credibility. With a coupon rate of N/A, 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 1000000 with an issue size of 5. It was allotted on 3/6/2025 and is scheduled for redemption on 3/5/2030. 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: Sole and exclusive right by way of registered mortgage of development rights to the extent of developers portion of unsold and booked area in this project including receivables from sold, booked and unsold units. Including all present & future development potential in the form of TDR, premium FSI, etc. – 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.