Nido Home Finance Limited
INACTIVE
ISIN: INE530L08010
Issuer Details
Issuer Name
NIDO HOME FINANCE LIMITED
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
11.25%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65922MH2008PLC182906
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
IDBI TRUSTEESHIP SERVICES LT...
Instrument Details
Instrument name as on NSDL
11.25% UNSECURED REDEEMABLE ...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
50
Category of Instrument
-
Allotment Date
04-02-2015
Redemption Date
03-05-2025
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Subordinate Tier 2
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
N.A.
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About Nido Home Finance Limited bond with ISIN: INE530L08010
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 INE530L08010, represents a significant financial instrument. Issued by NIDO HOME FINANCE LIMITED, it comes with the following description: "11.25% UNSECURED REDEEMABLE NON-CONVERTIBLE SUBORDINATED DEBT (TIER II) IN THE NATURE OF DEBENTURES. DATE OF MATURITY 03/05/2025". Although the bond is currently marked as inactive, 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 11.25%, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of IDBI TRUSTEESHIP SERVICES LTD., ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 50. It was allotted on 2/4/2015 and is scheduled for redemption on 5/3/2025. Categorized under "-" and defined as Unsecured, 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 ICRA 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: N.A. – 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 Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, ICRA LIMITED_28-12-2023, CARE Ratings Limited_08-10-2024, CARE Ratings Limited_06-06-2024, CARE Ratings Limited_03-01-2024, CARE Ratings Limited_05-10-2023, CARE Ratings Limited_05-10-2023, CARE Ratings Limited_05-10-2023, CARE Ratings Limited_05-10-2023, CARE Ratings Limited_06-10-2022, ICRA LIMITED_22-06-2023, ICRA LIMITED_22-06-2023, ICRA LIMITED_22-06-2023, ICRA LIMITED_22-06-2023, ICRA LIMITED_22-06-2023, ICRA LIMITED_22-06-2023, ICRA LIMITED_22-06-2023, ICRA LIMITED_24-06-2022, ICRA LIMITED_24-06-2022, ICRA LIMITED_24-06-2022, ICRA LIMITED_24-06-2022, ICRA LIMITED_24-06-2022. 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 INE530L07707 having a coupon rate of 9.5% and the bond with ISIN INE530L07814 having a coupon rate of N/A. 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.