Phoenix Infraspace India Private Limited
ACTIVE
ISIN: INE01C207029
Issuer Details
Issuer Name
PHOENIX INFRASPACE INDIA PRI...
Type of Issuer
Non PSU
Sector
Construction
Coupon Rate
RESET RATE - INTEREST RATE I...
Industry
Construction
Issuer nature
Other
Corporate Identity Number (CIN)
U45209TG2018PTC123373
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
RESET RATE SECURED UNLISTED ...
Face Value (in ₹)
100
Total Issue size( in ₹ Cr.)
384.7
Category of Instrument
Others
Allotment Date
12-04-2022
Redemption Date
11-04-2052
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
200%
Details of Asset Cover
MORTGAGE OVER MORTGAGE PROPERTIES TO BE CREATED BY THE COMPANY PURSUANT TO A MEMORANDUM OF DEPOSITS OF TITLE DEEDS AND A DECLARATION BY THE DIRECTOR OR AUTHORIZED SIGNATORY OF THE COMPANY. FOR MORE DETAILS PLEASE CONTACT TO ISSUER.
Asset Type
Details of the security
Immovable Assets - Properties
MORTGAGE OVER MORTGAGE PROPERTIES TO BE CREATED BY THE COMPANY PURSUANT TO A MEMORANDUM OF DEPOSITS OF TITLE DEEDS AND A DECLARATION BY THE DIRECTOR OR AUTHORIZED SIGNATORY OF THE COMPANY. FOR MORE DETAILS PLEASE CONTACT TO ISSUER.
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About Phoenix Infraspace India Private Limited bond with ISIN: INE01C207029
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 INE01C207029, represents a significant financial instrument. Issued by PHOENIX INFRASPACE INDIA PRIVATE LIMITED, it comes with the following description: "RESET RATE SECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 11/04/2052.". 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, PHOENIX INFRASPACE 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) U45209TG2018PTC123373 further bolster its credibility. With a coupon rate of RESET RATE - INTEREST RATE IS LINKED WITH SBI BASE RATE + 500 BPS PA UNTIL BLOCK 1 IS 30% PRELEASED AND THEREAFTER PREVAILING SBI BASE RATE + 400 BPS PA, 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 100 with an issue size of 384.7. It was allotted on 4/12/2022 and is scheduled for redemption on 4/11/2052. Categorized under "Others" 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: MORTGAGE OVER MORTGAGE PROPERTIES TO BE CREATED BY THE COMPANY PURSUANT TO A MEMORANDUM OF DEPOSITS OF TITLE DEEDS AND A DECLARATION BY THE DIRECTOR OR AUTHORIZED SIGNATORY OF THE COMPANY. FOR MORE DETAILS PLEASE CONTACT TO ISSUER. – 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 INE01C207011 having a coupon rate of RESET RATE (REFER REMAKRS). 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.