Pancharatna Buildcon Private Limited
ACTIVE
ISIN: INE0FG307025
Issuer Details
Issuer Name
PANCHARATNA BUILDCON PRIVATE...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
12%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U45202PN2007PTC130329
Name of the Lead Manager
-
Registrar
Bigshare Services Pvt. Limit...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
12% IRR SECURED UNRATED UNLI...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
50
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
06-08-2021
Redemption Date
05-11-2027
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
Personal Guarantees of Mr. Abhay Tated and Mr. Siddharth Bafna
Asset Type
Details of the security
Others, Please Specify
Personal Guarantees of Mr. Abhay Tated and Mr. Siddharth Bafna
Current Assets
First ranking charge by way of hypothecation of all the current and non current assets of the Project
Others, Please Specify
Hundred Percent pledge of shares of Pancharatna Buildcon Pvt Ltd
Others, Please Specify
Promissory Notes, as applicable
Others, Please Specify
First Ranking charge on all assets pertaining to the Project including receivables, bank accounts, documents, authorizations pertaining to the Project insurance policies etc.
Immovable Assets
First ranking mortgage over the (a) Project Land admeasuring 18,755 sq. m (b) Development rights/ FSI on the Project land (c) All structures and construction on the Project Land excluding units sold and proportionate share in common area of units sold
Others, Please Specify
Undertaking from Promoters of Company to route all sales proceeds and other cashflow from RERA Account and to the Escrow Account (charged in favour of SWAMIH Fund)
Others, Please Specify
Undated Cheques
Book Debts / Receivables
First ranking charge by way of hypothecation over the Project receivables of the Issuer
Others, Please Specify
Registration of charges with ROC / Central Registry (CERSAI)
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About Pancharatna Buildcon Private Limited bond with ISIN: INE0FG307025
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 INE0FG307025, represents a significant financial instrument. Issued by PANCHARATNA BUILDCON PRIVATE LIMITED, it comes with the following description: "12% IRR SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 05/11/2027.". 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, PANCHARATNA BUILDCON 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) U45202PN2007PTC130329 further bolster its credibility. With a coupon rate of 12, this instrument has been meticulously managed with the assistance of Bigshare Services Pvt. 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 100000 with an issue size of 50. It was allotted on 8/6/2021 and is scheduled for redemption on 11/5/2027. 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: Personal Guarantees of Mr. Abhay Tated and Mr. Siddharth Bafna – 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 INE0FG307017 having a coupon rate of 12% IRR. 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.