Pharande Township Private Limited
ACTIVE
ISIN: INE648Y07015
Issuer Details
Issuer Name
PHARANDE TOWNSHIP PRIVATE LI...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
20%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U74999PN2017PTC172592
Name of the Lead Manager
-
Registrar
Purva Sharegistry (India) Pr...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
20% SECURED UNRATED UNLISTED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
275
Category of Instrument
-
Allotment Date
04-03-2024
Redemption Date
31-03-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
275%
Details of Asset Cover
Immovable Assets Yes Movable Asset Yes Current Assets Yes Book Debts / Receivables Yes Intangible Assets -- Tangible Assets -- Trust & Retention Account /Escrow Accounts Yes
Asset Type
Details of the security
Immovable Assets - Properties
Trust & Retention Account /Escrow Accounts
Current Assets
Movable Asset - Machineries & Plant
Book Debts / Receivables
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.
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About Pharande Township Private Limited bond with ISIN: INE648Y07015
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 INE648Y07015, represents a significant financial instrument. Issued by PHARANDE TOWNSHIP PRIVATE LIMITED, it comes with the following description: "20% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 31/03/2026 ". 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, PHARANDE TOWNSHIP 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) U74999PN2017PTC172592 further bolster its credibility. With a coupon rate of 20, this instrument has been meticulously managed with the assistance of Purva Sharegistry (India) 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 1000000 with an issue size of 275. It was allotted on 3/4/2024 and is scheduled for redemption on 3/31/2026. Categorized under "N/A" 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: Immovable Assets Yes Movable Asset Yes Current Assets Yes Book Debts / Receivables Yes Intangible Assets -- Tangible Assets -- Trust & Retention Account /Escrow Accounts Yes – 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.