Nido Home Finance Limited

About Nido Home Finance Limited bond with ISIN: INE530L07939

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 INE530L07939, represents a significant financial instrument. Issued by NIDO HOME FINANCE LIMITED, it comes with the following description: "10.50% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT SERIES VII DATE OF MATURITY 08/10/2029.". 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, NIDO HOME FINANCE 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) U65922MH2008PLC182906 further bolster its credibility. With a coupon rate of 10.5, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of Beacon Trusteeship Ltd, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000 with an issue size of 4.7679. It was allotted on 10/8/2024 and is scheduled for redemption on 10/8/2029. 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. The bond carries a credit rating of A+ as provided by CRISIL RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of A+ is generally considered to be on the riskier end of the spectrum. 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: Princ amount of the NCDs to be issued in terms of this Prospct together with all Int due and payable on the NCDs thereof shall be secured by way of pari passu charge on the assets of the company including Loans and Adv recbl Invst Current & Other Assets held by the Company created in favour of the DT as fully described in the DTD except those recbl exclusively charged in favour of certain existing charge holders such that a sec cover of at least 100Pec of the Os Princ amounts of the NCDs and Int – 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. The bond is supported by a variety of documents including CRISIL RATINGS LIMITED_-. 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 INE530L07764 having a coupon rate of 10.03% and the bond with ISIN INE530L07822 having a coupon rate of N/A and the bond with ISIN INE530L08010 having a coupon rate of 11.25% and the bond with ISIN INE530L07707 having a coupon rate of 9.5%. 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.