Payu Finance India Private Limited
ACTIVE
ISIN: INE0CLA07051
Issuer Details
Issuer Name
PAYU FINANCE INDIA PRIVATE L...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
9.6%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65910MH1992PTC068664
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
9.6% SECURED RATED UNLISTED ...
Face Value (in ₹)
10000000
Total Issue size( in ₹ Cr.)
200
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
22-09-2025
Redemption Date
29-09-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
125%
Details of Asset Cover
The Issue shall be secured by way of a first ranking pari passu charge with all other borrowings of the Issuer which are secured by Hypothecated Assets (defined below), to be created pursuant to the deed of hypothecation to be executed between the Issuer and the Debenture Trustee ("Deed of Hypothecation") over the Standard Business Receivables (defined below) of the Issuer (the "Hypothecated Assets").
Asset Type
Details of the security
Book Debts / Receivables
The Issue shall be secured by way of a first ranking pari passu charge with all other borrowings of the Issuer which are secured by Hypothecated Assets (defined below), to be created pursuant to the deed of hypothecation to be executed between the Issuer and the Debenture Trustee ("Deed of Hypothecation") over the Standard Business Receivables (defined below) of the Issuer (the "Hypothecated Assets").
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About Payu Finance India Private Limited bond with ISIN: INE0CLA07051
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 INE0CLA07051, represents a significant financial instrument. Issued by PAYU FINANCE INDIA PRIVATE LIMITED, it comes with the following description: "9.6% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 29/09/2026". 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, PAYU FINANCE INDIA 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) U65910MH1992PTC068664 further bolster its credibility. With a coupon rate of 9.6, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED 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 10000000 with an issue size of 200. It was allotted on 9/22/2025 and is scheduled for redemption on 9/29/2026. 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. 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: The Issue shall be secured by way of a first ranking pari passu charge with all other borrowings of the Issuer which are secured by Hypothecated Assets (defined below), to be created pursuant to the deed of hypothecation to be executed between the Issuer and the Debenture Trustee ("Deed of Hypothecation") over the Standard Business Receivables (defined below) of the Issuer (the "Hypothecated Assets"). – 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_-. 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 INE0CLA07028 having a coupon rate of 8.9% and the bond with ISIN INE0CLA07010 having a coupon rate of 11.35% and the bond with ISIN INE0CLA07044 having a coupon rate of 10.5% and the bond with ISIN INE0CLA07036 having a coupon rate of 6 M T Bill. 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.