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  1. Home
  2. Navayuga Engineering...

Navayuga Engineering Company Ltd

ACTIVE

ISIN: INE951J07048

Issuer Details

Instrument Details

Security Measures

Cash Flow Schedule

Issuer Details


Issuer Name

NAVAYUGA ENGINEERING COMPANY...

Type of Issuer

Non PSU

Sector

-

Coupon Rate

-

Industry

-

Issuer nature

-

Corporate Identity Number (CIN)

U45203AP1986PLC006925

Name of the Lead Manager

-

Registrar

KFIN TECHNOLOGIES PRIVATE LI...

Name of Debenture Trustee

Catalyst Trusteeship Limited...

Instrument Details


Instrument name as on NSDL

RESET RATE SECURED UNRATED U...

Face Value (in ₹)

1000000

Total Issue size( in ₹ Cr.)

57.5

Category of Instrument

PLAIN VANILLA DEBENTURES

Allotment Date

09-05-2023

Redemption Date

01-05-2026

Whether Secured or Unsecured

Secured

Put Option Date

-

Call Option Date

-

Seniority in Repayment

Senior

Security Measures


Asset Coverage

Principal

Asset Percentage

140%

Details of Asset Cover

Personal Guarntee Mr. Chinta Sridhar

Sr No.

Asset Type

Details of the security

1

Immovable Assets

second ranking charge on the Following Mortgaged Properties 2 all that piece and parcel of land admeasuring 10.101 Acres in Narikellapalle Village, Muthukur Mandal, SPS Nellore District, Andhra Pradesh owned by Krishnapatnam Infratech Limited

2

Others, Please Specify

Demand promissory note and Letter of continuity

3

Others, Please Specify

Corporate Guarantee(s) by Krishnapatnam Power Corporation Limited, Navaneeta Agrofields Private Limited and Krishnapatnam Infratech Limited

4

Immovable Assets

first ranking pari passu charge on following Mortgaged Properties 1 all that piece and parcel of land admeasuring 44.80 Acres situated in Thamminapatnam Village, Nellore District, state of Andhra Pradesh owned by Krishnapatnam Power Corporation Limited

5

Immovable Assets

second ranking charge on the Following Mortgaged Properties 2 all that piece and parcel of land admeasuring 8.536 Acres in Epuru Bit 1B Village, Muthukur Mandal, SPS Nellore District, Andhra Pradesh owned by Krishnapatnam Infratech Limited

6

Immovable Assets

second ranking charge on the Following Mortgaged Properties 2 all that piece and parcel of land admeasuring 58.12 Acres in Thamminapatnam Village, Chillakur Mandal, SPS Nellore District, Andhra Pradesh owned by Krishnapatnam Power Corporation Limited

7

Immovable Assets

first ranking pari passu charge on following Mortgaged Properties 1 all that piece and parcel of land admeasuring 40.16 Acres situated in Kanukunta Village, and Grampanchayat, Jinnarm Mandal (now Gummadidala Mandal as per the latest revenue records), Medak District, (Now Sangareddy District), Andhra Pradesh owned by Navaneeta Agrofields Private Limited

8

Others, Please Specify

Personal Guarntee Mr. Chinta Sridhar

9

Movable Asset

second ranking charge on Hypothecated Properties including but not limited to Plant, Machinery and Identified Equipment s owned by Navayuga Engineering Company Limited as more particularly described in the Definitive Agreements

10

Immovable Assets

first ranking pari passu charge on following Mortgaged Properties 1 all that piece and parcel of land admeasuring 38.01 Acres situated in Kanukunta Village Grampanchayat, Jinnarm Mandal now Gummadidala Mandal as per the latest revenue records, Medak District Now Sanga Reddy District Registration Sub District Narsapur, Registration District Medak at Sanga Reddy, Telangana, Hyderabad, owned by Navayuga Engineering Company Limited

11

Immovable Assets

first ranking pari passu charge on following Mortgaged Properties 1 all that piece and parcel of land admeasuring 110 point 49 Acres situated in Kothapatnam Village, state of Andhra Pradesh, land admeasuring 87 point 43 Acres situated in Thamminapatnam Village, Nellore District, state of Andhra Pradesh, land admeasuring 20 point 33 Acres situated in Vellapalem Village, Nellore District, state of Andhra Pradesh owned by Krishnapatnam Infratech Limited

12

Others, Please Specify

First exclusive charge over the DSRA

13

Trust & Retention Account /Escrow Accounts

first ranking exclusive charge on the NAVAYUGA ENGINEERING COMPANY LIMITED Escrow Account that may be opened in accordance with the terms of Definitive Agreements

14

Movable Asset

first ranking pari passu charge on following Dredgers Navayuga 1 KPT 061, Navayuga 2 KPT 062, Navayuga 3AP IV M 0020, Navayuga 4 AP IV M 0021, Navayuga 5AP IV M 0022, Navayuga 6AP IV M 0023 and more particularly described in the Definitive Agreements

Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.

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About Navayuga Engineering Company Ltd bond with ISIN: INE951J07048

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 INE951J07048, represents a significant financial instrument. Issued by NAVAYUGA ENGINEERING COMPANY LTD, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES II TRANCHE 1 DATE OF MATURITY 01/05/2026". 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, NAVAYUGA ENGINEERING COMPANY LTD, 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) U45203AP1986PLC006925 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited), ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 57.5. It was allotted on 5/9/2023 and is scheduled for redemption on 5/1/2026. 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: Personal Guarntee Mr. Chinta Sridhar – 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 INE951J07022 having a coupon rate of 10.5% and the bond with ISIN INE951J07030 having a coupon rate of N/A and the bond with ISIN INE951J07055 having a coupon rate of N/A and the bond with ISIN INE951J07014 having a coupon rate of 10.5%. 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.

Disclaimer: The facts and information on this page are for information and awareness purposes only. No information provided here is intended towards any specific user and should not be construed as investment advice or a recommendation of any kind whatsoever. You are requested to consult with your professional investment advisor or tax advisor for specific directions on any investments in any securities including the bonds mentioned on this page before making any investment decision. Tap Bonds shall not be liable for any losses incurred by you based on an investment decision utilising the information.
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