Oxyzo Financial Services Limited
INACTIVE
ISIN: INE04VS07248
Issuer Details
Issuer Name
OXYZO FINANCIAL SERVICES LIM...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
11.24%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65929DL2016PLC306174
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
11.24% SECURED RATED UNLISTE...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
51.9
Category of Instrument
-
Allotment Date
28-06-2021
Redemption Date
27-06-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
A FIRST RANKING EXCLUSIVE CHARGE, ALL RIGHTS, TITLE, INTEREST, BENEFIT, CLAIMS AND DEMANDS OF THE COMPANY, IN, TO, OR IN RESPECT OF, THE RECEIVABLES. THE COMPANY SHALL RECEIVABLES AS ASSET COVER OF L TIMES THE VALUE OF PRINCIPAL AMOUNTS OUTSTANDING ON ALL THE DEBENTURES ISSUED BY THE COMPANY IN RESPECT OF WHICH THE SECURED PROPERTY CONSTITUTES SECURITY ON AN EXCLUSIVE BASIS.
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About Oxyzo Financial Services Limited bond with ISIN: INE04VS07248
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 INE04VS07248, represents a significant financial instrument. Issued by OXYZO FINANCIAL SERVICES LIMITED, it comes with the following description: "11.24% SECURED RATED UNLISTED TAXABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 27/06/2025". 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 11.24%, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 51.9. It was allotted on 6/28/2021 and is scheduled for redemption on 6/27/2025. Categorized under "N/A" 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 CRISIL RATINGS 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: A FIRST RANKING EXCLUSIVE CHARGE, ALL RIGHTS, TITLE, INTEREST, BENEFIT, CLAIMS AND DEMANDS OF THE COMPANY, IN, TO, OR IN RESPECT OF, THE RECEIVABLES. THE COMPANY SHALL RECEIVABLES AS ASSET COVER OF L TIMES THE VALUE OF PRINCIPAL AMOUNTS OUTSTANDING ON ALL THE DEBENTURES ISSUED BY THE COMPANY IN RESPECT OF WHICH THE SECURED PROPERTY CONSTITUTES SECURITY ON AN EXCLUSIVE BASIS. – 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 CRISIL RATINGS LIMITED_17-03-2023. 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.