Parsvnath Estate Developers Private Limited
ACTIVE
ISIN: INE244P07037
Issuer Details
Issuer Name
PARSVNATH ESTATE DEVELOPERS ...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
RESET RATE REFER REMARKS%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U45400DL2007PTC166218
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
RESET RATE SECURED RATED LIS...
Face Value (in ₹)
967270.283
Total Issue size( in ₹ Cr.)
25
Category of Instrument
-
Allotment Date
29-06-2020
Redemption Date
31-03-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
SECOND RANKING EXCLUSIVE HYPOTHECATION OVER THE FIRST HYPOTHECATED PROEPRTIES IN FAVOUR OF THE DEBENTURE TRUSTEE UNDER THE DEED OF HYPOTHECATION
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About Parsvnath Estate Developers Private Limited bond with ISIN: INE244P07037
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 INE244P07037, represents a significant financial instrument. Issued by PARSVNATH ESTATE DEVELOPERS PRIVATE LIMITED, it comes with the following description: "RESET RATE SECURED RATED LISTED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES A. DATE OF MATURITY 31/03/2027 ". 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, PARSVNATH ESTATE 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) U45400DL2007PTC166218 further bolster its credibility. With a coupon rate of RESET RATE REFER REMARKS, this instrument has been meticulously managed with the assistance of N/A 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 967270.283 with an issue size of 25. It was allotted on 6/29/2020 and is scheduled for redemption on 3/31/2027. Categorized under "-" 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 C as provided by Infomerics Valuation and Rating Pvt. Ltd. In the market, ratings typically range from D to AAA, and a rating of C 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: SECOND RANKING EXCLUSIVE HYPOTHECATION OVER THE FIRST HYPOTHECATED PROEPRTIES IN FAVOUR OF THE DEBENTURE TRUSTEE UNDER THE DEED OF HYPOTHECATION – 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, Infomerics Valuation and Rating Pvt. Ltd_30-05-2023, Infomerics Valuation and Rating Pvt. Ltd_-, Infomerics Valuation and Rating Pvt. Ltd_-, Infomerics Valuation and Rating Pvt. Ltd_-, Infomerics Valuation and Rating Pvt. Ltd_04-04-2022, Infomerics Valuation and Rating Pvt. Ltd_04-04-2022, Infomerics Valuation and Rating Pvt. Ltd_04-04-2022, Infomerics Valuation and Rating Pvt. Ltd_25-03-2022, Infomerics Valuation and Rating Pvt. Ltd_25-03-2022, Infomerics Valuation and Rating Pvt. Ltd_25-03-2022, Infomerics Valuation and Rating Pvt. Ltd_25-03-2022. 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 INE244P07029 having a coupon rate of RESET RATE REFER REMARKS and the bond with ISIN INE244P07045 having a coupon rate of N.A.. 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.