Navayuga Engineering Company Ltd
ACTIVE
ISIN: INE951J07071
Issuer Details
Issuer Name
NAVAYUGA ENGINEERING COMPANY...
Type of Issuer
Non PSU
Sector
Construction
Coupon Rate
-
Industry
Construction
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
10.50% SECURED UNRATED UNLIS...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
90
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
12-03-2025
Redemption Date
01-02-2029
Whether Secured or Unsecured
Secured
Put Option Date
01-05-2027
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
123%
Details of Asset Cover
First ranking exclusive charge on Escrow Account of Navayuga Engineering Company Limited opened with HDFC Bank Limited along with all of Companys rights, title, interest and benefits in, to and under said accounts, the amounts standing to the credit of, or accrued or accruing on, the said accounts, all the monies, securities, fixed deposits (including the interest service reserves), instruments, investments and other properties deposited in credited to created from or required to be deposited
Asset Type
Details of the security
Immovable Assets
Second charge on all that piece and parcel of land admeasuring 10.1 Acres situated in Narikellapalle Village, Muthukur Mandal, SPS Nellore District, Andhra Pradesh owned by KRISHNAPATNAM INFRATECH LIMITED
Movable Asset
Second charge on 677 identified movable assets owned by owned by Navayuga Engineering Company Limited
Immovable Assets
Second charge on all that piece and parcel of land admeasuring 8.54 Acres situated in Epuru Bit 1B Village, Muthukur Mandal, SPS Nellore District, Andhra Pradesh owned by KRISHNAPATNAM INFRATECH LIMITED
Immovable Assets
Second charge on all that piece and parcel of land admeasuring 58.12 Acres situated in Thamminapatnam Village, Chillakur Mandal, SPS Nellore District, Andhra Pradesh owned by KRISHNAPATNAM POWER CORPORATION LIMITED
Trust & Retention Account /Escrow Accounts
First ranking exclusive charge on Escrow Account of Navayuga Engineering Company Limited opened with HDFC Bank Limited along with all of Companys rights, title, interest and benefits in, to and under said accounts, the amounts standing to the credit of, or accrued or accruing on, the said accounts, all the monies, securities, fixed deposits (including the interest service reserves), instruments, investments and other properties deposited in credited to created from or required to be deposited
Immovable Assets
First ranking exclusive charge on all those pieces and parcels of land admeasuring 440.05 acres in East Kanupur village, Chillakur mandal, SPS Nellore district (presently, Tirupati district), Andhra Pradesh owned by Krishnapatnam Infratech Limited
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About Navayuga Engineering Company Ltd bond with ISIN: INE951J07071
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 INE951J07071, represents a significant financial instrument. Issued by NAVAYUGA ENGINEERING COMPANY LTD, it comes with the following description: "10.50% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES II DATE OF MATURITY 01/02/2029". 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, 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 100000 with an issue size of 90. It was allotted on 3/12/2025 and is scheduled for redemption on 2/1/2029. 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 exclusive charge on Escrow Account of Navayuga Engineering Company Limited opened with HDFC Bank Limited along with all of Companys rights, title, interest and benefits in, to and under said accounts, the amounts standing to the credit of, or accrued or accruing on, the said accounts, all the monies, securities, fixed deposits (including the interest service reserves), instruments, investments and other properties deposited in credited to created from or required to be deposited – 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.