Live

BluSmart Updates Here

Bond Screener

Evaluate bond-issuing companies

Calculator

Calculate bond yield and price

Talk to expert

Learn how to diversify your portfolio

Bonds Directory

Bonds info you need in one place

FAQ's

Frequently Asked Questions on Tap

1Min News

Headlines in 60 seconds

Finance wiki

Your financial glossary

Blogs

Insights on trending topics

Youtube

Top videos about the Indian bond market

  1. Home
  2. Omaxe New Chandigarh...

Omaxe New Chandigarh Developers Private Limited

ACTIVE

ISIN: INE0NTM07023

Issuer Details

Instrument Details

Security Measures

Cash Flow Schedule

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 ₹)

1000000

Total Issue size( in ₹ Cr.)

45.9

Category of Instrument

PLAIN VANILLA DEBENTURES

Allotment Date

09-05-2024

Redemption Date

08-05-2027

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

Non Disposable undertaking for 100% equity shares of Omaxe New Chandigarh Developers Private Limited. Irrevocable and unconditional personal guarantees of Mr. Rohtas Goel and Mr. Mohit Goel. Irrevocable and unconditional Corporate Guarantees of Omaxe Limited. (i) DPN (ii) Undated cheques (iii) Letter of Continuity and (iv) No lien to be created on up to 40% of promoters equity shares of Omaxe Ltd.

Sr No.

Asset Type

Details of the security

1

Immovable Assets

First ranking charge by way of mortgage by deposit of Title deeds on the Project Land consisting of 1,402 units with a salebale area of 27,90,030 Sq. Ft. along with all development rights in respect of the Projects and all structure and constructions 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 shares in common area of such sold units).

2

Current Assets

Second ranking charge by way of hypothecation of all current and noncurrent movable assets, whether tangible or intangible, pertaining to "Resort Land" (including, receivables, bank accounts, project documentation, authorization, pertaining to "Resort Land", the insurance policies pertaining to "Resort Land", and the receivables of Omaxe New Chandigarh Developers Private Limited and escrow account of "Resort Land".

3

Current Assets

First ranking charge by way of hypothecation of all current and non current movable assets, whether tangible or intangible, pertaining to The Lake Project ( including, receivables, bank accounts, project documentation, authorisation, pertaining to the Lake Project, the insurance policies pertaining to the Lake project, and the receivables of Omaxe New Chandigarh Developers Private Limited and escrow account of Lake Project.

4

Others, Please Specify

Non Disposable undertaking for 100% equity shares of Omaxe New Chandigarh Developers Private Limited. Irrevocable and unconditional personal guarantees of Mr. Rohtas Goel and Mr. Mohit Goel. Irrevocable and unconditional Corporate Guarantees of Omaxe Limited. (i) DPN (ii) Undated cheques (iii) Letter of Continuity and (iv) No lien to be created on up to 40% of promoters equity shares of Omaxe Ltd.

5

Immovable Assets

Second ranking Charge by way of mortarge by deposit of title deed on "Resort Land" Land consisting of 712 residential units with a saleable area of 9,84,998 Sq. Ft. along with all development rights and all structures and constructions of "Resort Land" Land and all present and future development rights/FSI of Omaxe New Chandigarh Developers Private Limited but excluding all sold units of Mohali Project (Including proportionate share in common area of sold units)

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

OMAXE NEW CHANDIGARH DEVELOPERS PRIVATE LIMITED

ISIN: INE0NTM07015

Face Value (in ₹)

100000


OMAXE NEW CHANDIGARH DEVELOPERS PRIVATE LIMITED

ISIN: INE0NTM07031

Coupon Rate

16.9%

Face Value (in ₹)

100000


About Omaxe New Chandigarh Developers Private Limited bond with ISIN: INE0NTM07023

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 INE0NTM07023, 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 DEBENTURE DATE OF MATURITY 08/05/2027.". 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 1000000 with an issue size of 45.9. It was allotted on 5/9/2024 and is scheduled for redemption on 5/8/2027. 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: Non Disposable undertaking for 100% equity shares of Omaxe New Chandigarh Developers Private Limited. Irrevocable and unconditional personal guarantees of Mr. Rohtas Goel and Mr. Mohit Goel. Irrevocable and unconditional Corporate Guarantees of Omaxe Limited. (i) DPN (ii) Undated cheques (iii) Letter of Continuity and (iv) No lien to be created on up to 40% of promoters equity shares of Omaxe Ltd. – 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 INE0NTM07015 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.

Disclaimer: The facts and information on this page are for information and awareness purposes only. No information provided here is intended towards any specific user and should not be construed as investment advice or a recommendation of any kind whatsoever. You are requested to consult with your professional investment advisor or tax advisor for specific directions on any investments in any securities including the bonds mentioned on this page before making any investment decision. Tap Bonds shall not be liable for any losses incurred by you based on an investment decision utilising the information.
footer

Contact Us

Tap Bonds
Sector 2, HSR Layout
Bengaluru - 560102

Resources

Privacy Policy

Terms & Conditions

All blogs

All bond issuers

Get in touch


Tap Broking Private Limited. All rights reserved.

All information is sourced from public datasets.