Northern Arc Capital Limited
ACTIVE
ISIN: INE850M07400
Issuer Details
Issuer Name
NORTHERN ARC CAPITAL LIMITED
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
9.85%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65910TN1989PLC017021
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
9.85% SECURED UNRATED UNLIST...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
180
Category of Instrument
-
Allotment Date
23-03-2021
Redemption Date
23-03-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
HYPOTHECATION OF RECEIVABLES OF 105%.
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.
Similar Bonds
NORTHERN ARC CAPITAL LIMITED
ISIN: INE850M07343
Coupon Rate
9.996%
Face Value (in ₹)
1000000
NORTHERN ARC CAPITAL LIMITED
ISIN: INE850M07426
Coupon Rate
G Sec Linked
Face Value (in ₹)
1000000
NORTHERN ARC CAPITAL LIMITED
ISIN: INE850M07475
Coupon Rate
9.18%
Face Value (in ₹)
100000
NORTHERN ARC CAPITAL LIMITED
ISIN: INE850M07467
Coupon Rate
9.65%
Face Value (in ₹)
100000
About Northern Arc Capital Limited bond with ISIN: INE850M07400
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 INE850M07400, represents a significant financial instrument. Issued by NORTHERN ARC CAPITAL LIMITED, it comes with the following description: "9.85% SECURED UNRATED UNLISTED SENIOR REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 23/03/2026". 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, NORTHERN ARC CAPITAL 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) U65910TN1989PLC017021 further bolster its credibility. With a coupon rate of 9.85%, 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 180. It was allotted on 3/23/2021 and is scheduled for redemption on 3/23/2026. Categorized under "-" 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: HYPOTHECATION OF RECEIVABLES OF 105%. – 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 INE850M07343 having a coupon rate of 9.996% and the bond with ISIN INE850M07426 having a coupon rate of G Sec Linked and the bond with ISIN INE850M07475 having a coupon rate of 9.18% and the bond with ISIN INE850M07467 having a coupon rate of 9.65%. 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.