Paul Merchants Finance Private Limited
ACTIVE
ISIN: INE01ZD07015
Issuer Details
Issuer Name
PAUL MERCHANTS FINANCE PRIVA...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
9.75%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65921CH2010PTC032462
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
9.75% SECURED UNRATED UNLIST...
Face Value (in ₹)
1000
Total Issue size( in ₹ Cr.)
0.85
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
29-11-2023
Redemption Date
28-11-2028
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
The Principal amount of NCDs to be issued together with all interest due on the NCDs as well as all costs charges all fees remuneration of Debenture Trustee and expenses payable in respect thereof shall be secured by way of pari passu charge with existing secured creditors on Borrowers entire Book Debts/Receivables (both present and future)
Asset Type
Details of the security
Movable Asset
The Principal amount of NCDs to be issued together with all interest due on the NCDs as well as all costs charges all fees remuneration of Debenture Trustee and expenses payable in respect thereof shall be secured by way of pari passu charge with existing secured creditors on Borrowers entire Book Debts/Receivables (both present and future)
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About Paul Merchants Finance Private Limited bond with ISIN: INE01ZD07015
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 INE01ZD07015, represents a significant financial instrument. Issued by PAUL MERCHANTS FINANCE PRIVATE LIMITED, it comes with the following description: "9.75% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES IV DATE OF MATURITY 28/11/2028". 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, PAUL MERCHANTS FINANCE 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) U65921CH2010PTC032462 further bolster its credibility. With a coupon rate of 9.75, 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 1000 with an issue size of 0.85. It was allotted on 11/29/2023 and is scheduled for redemption on 11/28/2028. 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: The Principal amount of NCDs to be issued together with all interest due on the NCDs as well as all costs charges all fees remuneration of Debenture Trustee and expenses payable in respect thereof shall be secured by way of pari passu charge with existing secured creditors on Borrowers entire Book Debts/Receivables (both present and future) – 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 INE01ZD07056 having a coupon rate of 9.5% and the bond with ISIN INE01ZD07155 having a coupon rate of 9% and the bond with ISIN INE01ZD07064 having a coupon rate of 10.75% and the bond with ISIN INE01ZD07122 having a coupon rate of 10.25%. 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.