Parsn Construction And Developers Private Limited
ACTIVE
ISIN: INE0RID07018
Issuer Details
Issuer Name
PARSN CONSTRUCTION AND DEVEL...
Type of Issuer
Non PSU
Sector
Construction
Coupon Rate
-
Industry
Construction
Issuer nature
Other
Corporate Identity Number (CIN)
U42909MH2023PTC404735
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
SECURED UNRATED UNLISTED RED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
54
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
04-01-2024
Redemption Date
04-10-2026
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
FIRST RANKING CHARGE ON ALL ASSETS PERTAINING TO THE PROJECT INCLUDING RECEIVABLES, BANK ACCOUNTS, DOCUMENTS, AUTHORIZATIONS PERTAINING TO THE PROJECT INSURANCE POLICIES ETC. FIRST AND EXCLUSIVE PLEDGE OF 100% SHARE CAPITAL OF THE COMPANY
Asset Type
Details of the security
Current Assets
FIRST RANKING CHARGE BY WAY OF HYPOTHECATION OF ALL THE CURRENT AND NON CURRENT ASSETS PERTAINING TO THE PROJECT.
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. FIRST AND EXCLUSIVE PLEDGE OF 100% SHARE CAPITAL OF THE COMPANY
Book Debts / Receivables
FIRST RANKING CHARGE BY WAY OF HYPOTHECATION OF ALL THE CURRENT AND NON CURRENT ASSETS PERTAINING TO THE PROJECT.
Immovable Assets
FIRST RANKING MORTGAGE OVER THE DEVELOPMENT RIGHTS/ FSI OF THE PROJECT FIRST RANKING MORTGAGE OVER ALL STRUCTURES AND CONSTRUCTION AREA OF ON THE PROJECT EXCEPT SOCIETY UNITS HANDED OVER TO 40 MEMBERS.
Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.
Similar Bonds
DHFL INVESTMENTS LIMITED
ISIN: INE005X08018
Coupon Rate
9%
Face Value (in ₹)
1000000
WELSPUN AUNTA-SIMARIA PROJECT PRIVATE LIMITED
ISIN: INE002Z08077
Face Value (in ₹)
100
MJR BUILDERS PRIVATE LIMITED
ISIN: INE0NO807016
Coupon Rate
16%
Face Value (in ₹)
100000
RENEW POWER PRIVATE LIMITED
ISIN: INE003S07247
Coupon Rate
9.3%
Face Value (in ₹)
100000
About Parsn Construction And Developers Private Limited bond with ISIN: INE0RID07018
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 INE0RID07018, represents a significant financial instrument. Issued by PARSN CONSTRUCTION AND DEVELOPERS PRIVATE LIMITED, it comes with the following description: "SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 04/10/2026.". 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, PARSN CONSTRUCTION AND DEVELOPERS 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) U42909MH2023PTC404735 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of N/A 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 54. It was allotted on 1/4/2024 and is scheduled for redemption on 10/4/2026. 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 CHARGE ON ALL ASSETS PERTAINING TO THE PROJECT INCLUDING RECEIVABLES, BANK ACCOUNTS, DOCUMENTS, AUTHORIZATIONS PERTAINING TO THE PROJECT INSURANCE POLICIES ETC. FIRST AND EXCLUSIVE PLEDGE OF 100% SHARE CAPITAL OF THE COMPANY – 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 INE005X08018 having a coupon rate of 9% and the bond with ISIN INE002Z08077 having a coupon rate of N/A and the bond with ISIN INE0NO807016 having a coupon rate of 16% and the bond with ISIN INE003S07247 having a coupon rate of 9.3%. 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.