Modern Automotives Limited
ACTIVE
ISIN: INE00HU07027
Issuer Details
Issuer Name
MODERN AUTOMOTIVES LIMITED
Type of Issuer
Non PSU
Sector
Automobile and Auto Componen...
Coupon Rate
16.67%
Industry
Auto Components
Issuer nature
Other
Corporate Identity Number (CIN)
U34300DL2005PLC132722
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
16.67% SECURED UNLISTED UNRA...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
4.1
Category of Instrument
Plain Vanilla Debentures
Allotment Date
01-07-2022
Redemption Date
01-07-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Cash Flow Schedule
Cash Flow Event
Record Date
Interest
-
Interest
-
Interest
-
Interest
-
Interest
-
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About Modern Automotives Limited bond with ISIN: INE00HU07027
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 INE00HU07027, represents a significant financial instrument. Issued by MODERN AUTOMOTIVES LIMITED, it comes with the following description: "16.67% SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 01/07/2027.". 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, MODERN AUTOMOTIVES 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) U34300DL2005PLC132722 further bolster its credibility. With a coupon rate of 16.67%, this instrument has been meticulously managed with the assistance of N/A 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 4.1. It was allotted on 7/1/2022 and is scheduled for redemption on 7/1/2027. 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: No specific asset cover description available. – 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 INE00HU07019 having a coupon rate of 16.67%. 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.