Oxyzo Financial Services Limited

About Oxyzo Financial Services Limited bond with ISIN: INE04VS07271

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 INE04VS07271, represents a significant financial instrument. Issued by OXYZO FINANCIAL SERVICES LIMITED, it comes with the following description: "9% SECURED RATED LISTED TAXABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 26/11/2024". Although the bond is currently marked as inactive, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, OXYZO FINANCIAL SERVICES 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) U65929DL2016PLC306174 further bolster its credibility. With a coupon rate of 9%, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of Axis Trustee Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 25. It was allotted on 11/26/2021 and is scheduled for redemption on 11/26/2024. 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. The bond carries a credit rating of A+ as provided by ICRA LIMITED. In the market, ratings typically range from D to AAA, and a rating of A+ is generally considered to be on the riskier end of the spectrum. 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 BEING ISSUED SHALL BE SECURED THROUGH A FIRST RANKING, EXCLUSIVE & CONTINUING CHARGE ON IDENTIFIED RECEIVABLES OF STANDARD NATURE FOR THE BENEFIT OF THE LENDER FROM TIME TO TIME FOR AT LEAST 1.20 TIMES OF OUTSTANDING VALUE OF FACILITY AT ANY GIVEN TIME. THE COMPANY SHALL MAINTAIN THE SECURITY COVER OF AT LEAST 1.20 TIMES OF THE ENTIRE REDEMPTION AMOUNT THROUGHOUT THE TENURE OF THE NCDS – 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. The bond is supported by a variety of documents including Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, ICRA LIMITED_19-11-2024, ICRA LIMITED_29-11-2023, ICRA LIMITED_21-03-2023. 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 INE04VS07347 having a coupon rate of 9.25% and the bond with ISIN INE04VS07305 having a coupon rate of BSE SENSEX 30 and the bond with ISIN INE04VS07339 having a coupon rate of 9.75% and the bond with ISIN INE04VS07321 having a coupon rate of 9.9%. 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.