Newton Solar Private Limited
ACTIVE
ISIN: INE960Q07010
Issuer Details
Issuer Name
NEWTON SOLAR PRIVATE LIMITED
Type of Issuer
Non PSU
Sector
Oil, Gas & Consumable Fuels
Coupon Rate
10.60%
Industry
Gas
Issuer nature
Other
Corporate Identity Number (CIN)
U40106GJ2010PTC062281
Name of the Lead Manager
-
Registrar
Aarthi Consultants Private L...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
10.60% SECURED UNRATED UNLIS...
Face Value (in ₹)
10000
Total Issue size( in ₹ Cr.)
14.39
Category of Instrument
Plain Vanilla Debentures
Allotment Date
26-04-2022
Redemption Date
26-04-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
A FIRST RANKING PLEDGE OVER 100% OF THE ISSUED AND PAID UP EQUITY SHARES OF THE ISSUER FREE FROM ANY RESTRICTIVE COVENANTS/ LIEN OR OTHER ENCUMBRANCE UNDER ANY CONTRACT/ ARRANGEMENT INCLUDING SHAREHOLDER AGREEMENT/ JOINT VENTURE AGREEMENT/FINANCING ARRANGEMENT WITH REGARD TO PLEDGE/ TRANSFER OF THE SHARES INCLUDING TRANSFER UPON ENFORCEMENT OF THE PLEDGE.,FOR MORE DETAILS PLEASE CONTACT TO ISUSER.
Asset Type
Details of the security
Movable Asset - Machineries & Plant
A FIRST RANKING PLEDGE OVER 100% OF THE ISSUED AND PAID UP EQUITY SHARES OF THE ISSUER FREE FROM ANY RESTRICTIVE COVENANTS/ LIEN OR OTHER ENCUMBRANCE UNDER ANY CONTRACT/ ARRANGEMENT INCLUDING SHAREHOLDER AGREEMENT/ JOINT VENTURE AGREEMENT/FINANCING ARRANGEMENT WITH REGARD TO PLEDGE/ TRANSFER OF THE SHARES INCLUDING TRANSFER UPON ENFORCEMENT OF THE PLEDGE.
Tangible Assets
A FIRST RANKING SECURITY INTEREST ON ALL THE TANGIBLE MOVABLE ASSETS, INCLUDING MOVEABLE PLANT AND MACHINERY, MACHINERY SPARES. TOOLS AND ACCESSORIES, FURNITURE, FIXTURES, VEHICLES, STOCKS AND ALL OTHER MOVABLE ASSETS, BOTH PRESENT AND FUTURE
Trust & Retention Account /Escrow Accounts
A LIEN OVER THE DSRA MAINTAINED IN THE DEBT SERVICE RESERVE ACCOUNT.
Book Debts / Receivables
A FIRST RANKING SECURITY INTEREST ON ISSUER'S OPERATING CASH FLOWS, BOOK DEBTS, BILLS, RECEIVABLES, COMMISSIONS, MONIES INCLUDING BANK ACCOUNTS, CLAIMS OF ALL KINDS AND STOCKS INCLUDING CONSUMABLES AND OTHER GENERAL STORES AND REVENUES OF WHATSOEVER NATURE AND WHEREVER ARISING, BOTH PRESENT AND FUTURE, INCLUDING BUT NOT LIMITED. TO INTANGIBLES, GOODWILL, UNCALLED CAPITAL, BOTH PRESENT AND FUTURE
Immovable Assets - Properties
A FIRST RANKING SECURITY INTEREST ON ALL ON ALL IMMOVABLE PROPERTIES OF THE ISSUER, BOTH PRESENT AND FUTURE
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About Newton Solar Private Limited bond with ISIN: INE960Q07010
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 INE960Q07010, represents a significant financial instrument. Issued by NEWTON SOLAR PRIVATE LIMITED, it comes with the following description: "10.60% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 26/04/2026.". 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, NEWTON SOLAR 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) U40106GJ2010PTC062281 further bolster its credibility. With a coupon rate of 10.60%, this instrument has been meticulously managed with the assistance of Aarthi Consultants 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 10000 with an issue size of 14.39. It was allotted on 4/26/2022 and is scheduled for redemption on 4/26/2026. 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: A FIRST RANKING PLEDGE OVER 100% OF THE ISSUED AND PAID UP EQUITY SHARES OF THE ISSUER FREE FROM ANY RESTRICTIVE COVENANTS/ LIEN OR OTHER ENCUMBRANCE UNDER ANY CONTRACT/ ARRANGEMENT INCLUDING SHAREHOLDER AGREEMENT/ JOINT VENTURE AGREEMENT/FINANCING ARRANGEMENT WITH REGARD TO PLEDGE/ TRANSFER OF THE SHARES INCLUDING TRANSFER UPON ENFORCEMENT OF THE PLEDGE.,FOR MORE DETAILS PLEASE CONTACT TO ISUSER. – 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 INE960Q08018 having a coupon rate of 12%. 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.