Poonawalla Fincorp Limited

About Poonawalla Fincorp Limited bond with ISIN: INE511C07714

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 INE511C07714, represents a significant financial instrument. Issued by POONAWALLA FINCORP LIMITED, it comes with the following description: "10.75% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES VII. DATE OF MATURITY 06/05/2029". 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, POONAWALLA FINCORP 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) L51504PN1978PLC209007 further bolster its credibility. With a coupon rate of 10.75%, 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 1000 with an issue size of 2.0323. It was allotted on 5/6/2019 and is scheduled for redemption on 5/6/2029. 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. The bond carries a credit rating of AAA as provided by CARE Ratings Limited. In the market, ratings typically range from D to AAA, and a rating of AAA 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 PRINCIPAL AMOUNT OF THE NCDs TO BE ISSUED IN TERMS OF THIS TRANCHE I PROSPECTUS TOGETHER WITH ALL INTEREST DUE ON THE NCDs IN RESPECT THEREOF SHALL BE SECURED BY WAY OF AN EXCLUSIVE CHARGE ON IDENTIFIED RECEIVABLES. CONTACT ISSUER FOR MORE DETAILS – 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, CARE Ratings Limited_01-10-2024, BRICKWORK RATINGS INDIA PRIVATE LIMITED_01-03-2024, Acuite Ratings And Research Limited_06-11-2024, Acuite Ratings And Research Limited_10-01-2024, Acuite Ratings And Research Limited_10-01-2023, Acuite Ratings And Research Limited_29-12-2022, Acuite Ratings And Research Limited_10-10-2022, BRICKWORK RATINGS INDIA PRIVATE LIMITED_04-08-2023, BRICKWORK RATINGS INDIA PRIVATE LIMITED_15-11-2022, CARE Ratings Limited_12-03-2024, CARE Ratings Limited_09-10-2023, CARE Ratings Limited_12-09-2023, CARE Ratings Limited_18-07-2023, CARE Ratings Limited_26-12-2022, CARE Ratings Limited_30-09-2022, CARE Ratings Limited_01-08-2022. 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 INE511C07797 having a coupon rate of 8.38% and the bond with ISIN INE511C08AK8 having a coupon rate of 10.2% and the bond with ISIN INE511C08985 having a coupon rate of 10.4% and the bond with ISIN INE511C07789 having a coupon rate of Repo rate. 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.