Origo Commodities India Private Limited

About Origo Commodities India Private Limited bond with ISIN: INE0A2407118

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 INE0A2407118, represents a significant financial instrument. Issued by ORIGO COMMODITIES INDIA PRIVATE LIMITED, it comes with the following description: "11.35% SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/04/2029.". 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, ORIGO COMMODITIES 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) U51103DL2011PTC213352 further bolster its credibility. With a coupon rate of 11.35, 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 10000 with an issue size of 2.081. It was allotted on 9/11/2024 and is scheduled for redemption on 4/30/2029. 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: The Debentures including the Tranche 1. Debentures and all amounts due and payable in relation to the Debentures including accrued Coupon shall be secured by way of a first ranking and exclusive charge by way of hypothecation over certain identified loan receivables / book debts, present and future, representing amounts due from the various borrowers of the Company at all times to the extent equal to the outstanding principal amount and accrued Coupon in relation to the Issue (Secured Property) – 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 INE0A2407035 having a coupon rate of 11.35% and the bond with ISIN INE0A2407092 having a coupon rate of 15% and the bond with ISIN INE0A2408041 having a coupon rate of 18% and the bond with ISIN INE0A2408033 having a coupon rate of 18%. 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.