Orange Retail Finance India Private Limited
ACTIVE
ISIN: INE786X07676
Issuer Details
Issuer Name
ORANGE RETAIL FINANCE INDIA ...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
13.5%
Industry
Finance
Issuer nature
NBFC
Corporate Identity Number (CIN)
U65191TN1989PTC018026
Name of the Lead Manager
-
Registrar
Integrated Enterprises (Indi...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
13.50 SECURED UNRATED UNLIST...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
0.52
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
11-10-2022
Redemption Date
11-04-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
100%
Details of Asset Cover
First ranking, exclusive and continuing charge on identified receivables created pursuant to the deed of hypothecation between the Company and the Debenture Trustee
Asset Type
Details of the security
Book Debts / Receivables
First ranking, exclusive and continuing charge on identified receivables created pursuant to the deed of hypothecation between the Company and the Debenture Trustee
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About Orange Retail Finance India Private Limited bond with ISIN: INE786X07676
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 INE786X07676, represents a significant financial instrument. Issued by ORANGE RETAIL FINANCE INDIA PRIVATE LIMITED, it comes with the following description: "13.50 SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE SERIES 53 DATE OF MATURITY 11/04/2026". 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, ORANGE RETAIL FINANCE INDIA 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) U65191TN1989PTC018026 further bolster its credibility. With a coupon rate of 13.5, this instrument has been meticulously managed with the assistance of Integrated Enterprises (India) Ltd., Chennai and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 0.52. It was allotted on 10/11/2022 and is scheduled for redemption on 4/11/2026. 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: First ranking, exclusive and continuing charge on identified receivables created pursuant to the deed of hypothecation between the Company and the Debenture Trustee – 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 INE786X07650 having a coupon rate of 13.5% and the bond with ISIN INE786X07361 having a coupon rate of 13.5% and the bond with ISIN INE786X07387 having a coupon rate of 13.5% and the bond with ISIN INE786X07551 having a coupon rate of 13.5%. 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.