Omaxe New Chandigarh Developers Private Limited
ACTIVE
ISIN: INE0NTM07015
Issuer Details
Issuer Name
OMAXE NEW CHANDIGARH DEVELOP...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
-
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U00500DL2006PTC336617
Name of the Lead Manager
-
Registrar
Skyline Financial Services P...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
SECURED UNRATED UNLISTED RED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
52.4
Category of Instrument
OTHERS
Allotment Date
20-01-2023
Redemption Date
19-05-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
NA
Asset Type
Details of the security
Tangible Assets
First and exclusive charge by way of hypothecation of all current and non current moveable assets, whether tangible or intangible, pertaining to the Project (including receivables, bank accounts, Project Documents, authorisations pertaining to the Project, the insurance policies pertaining to the Project, and the receivables of the Company in respect of the Project and Escrow Accounts.
Others, Please Specify
Non Disposal Undertaking from all shareholders of the Company in respect of hundred per cent Equity Shares, Irrevocable and unconditional personal guarantee of Mr Mohit Goel, Irrevocable and unconditional personal guarantee of Mr Rohtas Goel, Irrevocable and unconditional corporate guarantee of Omaxe Limited, Promissory Notes, as applicable, undated payment cheques, as required and, such other security as maybe required by the debenture trustee
Book Debts / Receivables
First and exclusive charge by way of hypothecation of all current and non current moveable assets, whether tangible or intangible, pertaining to the Project (including receivables, bank accounts, Project Documents, authorisations pertaining to the Project, the insurance policies pertaining to the Project, and the receivables of the Company in respect of the Project and Escrow Accounts.
Immovable Assets
First and exclusive charge by way of mortgage by deposit of title deeds on the Project Land consisting of 712 residential Units with a saleable area of 9,84,998 Sq. Ft. along with all development rights in respect of the Project and all structures and construction on the Project Land (including proportionate share in common area) and all present and future development rights/FSI of the Company but excluding all Sold Units (including proportionate share in common area of such Sold Units).
Trust & Retention Account /Escrow Accounts
First and exclusive charge by way of hypothecation of all current and non current moveable assets, whether tangible or intangible, pertaining to the Project (including receivables, bank accounts, Project Documents, authorisations pertaining to the Project, the insurance policies pertaining to the Project, and the receivables of the Company in respect of the Project and Escrow Accounts.
Intangible Assets
NA
Movable Asset
First and exclusive charge by way of hypothecation of all current and non current moveable assets, whether tangible or intangible, pertaining to the Project (including receivables, bank accounts, Project Documents, authorisations pertaining to the Project, the insurance policies pertaining to the Project, and the receivables of the Company in respect of the Project and Escrow Accounts.
Non-Current Investments
NA
Current Assets
First and exclusive charge by way of hypothecation of all current and non current moveable assets, whether tangible or intangible, pertaining to the Project (including receivables, bank accounts, Project Documents, authorisations pertaining to the Project, the insurance policies pertaining to the Project, and the receivables of the Company in respect of the Project and Escrow Accounts.
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About Omaxe New Chandigarh Developers Private Limited bond with ISIN: INE0NTM07015
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 INE0NTM07015, represents a significant financial instrument. Issued by OMAXE NEW CHANDIGARH DEVELOPERS PRIVATE LIMITED, it comes with the following description: "SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 19/05/2027.". 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, OMAXE NEW CHANDIGARH DEVELOPERS 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) U00500DL2006PTC336617 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of Skyline Financial Services 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 52.4. It was allotted on 1/20/2023 and is scheduled for redemption on 5/19/2027. Categorized under "OTHERS" 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: NA – 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 INE0NTM07023 having a coupon rate of N/A and the bond with ISIN INE0NTM07031 having a coupon rate of 16.9%. 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.