Porteast Investment Private Limited
ACTIVE
ISIN: INE0U9A07012
Issuer Details
Issuer Name
PORTEAST INVESTMENT PRIVATE ...
Type of Issuer
Non PSU
Sector
Utilities
Coupon Rate
-
Industry
Other Utilities
Issuer nature
Other
Corporate Identity Number (CIN)
U64990DL2023PTC437255
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
SECURED UNRATED UNLISTED RED...
Face Value (in ₹)
10000000
Total Issue size( in ₹ Cr.)
28600
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
29-05-2025
Redemption Date
29-05-2028
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
on and from SPEPL Transfer Date, pledge over 100% equity share capital (on fully diluted basis) of SPEPL and the related Collateral and the voting rights attached thereto held by the shareholders of SPEPL (collectively the SPEPL Transferee Shareholders) and any other securities issued by SPEPL, pledged or required to be pledged in accordance with the Transaction Documents and a charge over the Hypothecated Assets (SPEPL Transferee Shareholders) in accordance with the pledge and charge agreement
Asset Type
Details of the security
Movable Asset
pledge over 100% of the share capital (on a fully diluted basis) of SIPL and the related Collateral and the voting rights attached thereto held by Mr. Firoz Mistry, Mr. Zahan Mistry and Mr. Shapoor Mistry (Individual Promoters) and Mr. F.K. Bathena and Mr. Roshen M. Nentin (Co pledgors SIPL), together with any further shares or other securities convertible or exchangeable into shares of SIPL issued to or held by any Individual Promoters and a charge over the Hypothecated Assets (SIPL Pledgors)
Movable Asset
pledge over 100% equity share capital (on a fully diluted basis) of Dhan Gaming Solution (India) Private Limited (Juhu Project Holdco) and the related Collateral and the voting rights attached thereto held by SP Homes and SP Estate and any other securities issued by Juhu Project Holdco, pledged or required to be pledged in accordance with the Transaction Documents and a charge over the Hypothecated Assets (Juhu Shareholders) in accordance with the pledge and charge agreement
Movable Asset
pledge over (i)100% equity share capital (on fully diluted basis) of EVPL, Elfbridge and Sundock and related Collateral and voting rights attached thereto held by Alkimos and Ostendo and any other securities issued by EVPL, Elfbridge and Sundock, pledged or required to be pledged and charge over the Hypothecated Assets
Movable Asset
first ranking exclusive pledge over 100% of the equity share capital (on a fully diluted basis) of the Company and related Collateral and voting rights attached thereto held by Alkimos Consultancy Services Private Limited and Ostendo Consultancy Services Private Limited and any other securities issued by the Company, pledged or required to be pledged and a first ranking exclusive charge over the Hypothecated Assets (Alkimos and Ostendo) in accordance with the pledge and charge agreement
Others, Please Specify
until the SPEPL Trigger Date (as defined in the Debenture Trust Deed), a charge over all of the rights, title, interest and benefits of Shapoorji Pallonji Energy Private Limited (SPEPL) in SPEPL Designated Account Assets (as defined in the Debenture Trust Deed) by way of hypothecation in accordance with the deed of hypothecation to be executed, inter alia, between SPEPL and the Debenture Trustee (as amended or amended and restated from time to time
Others, Please Specify
first ranking exclusive charge over all of the Companys present and future rights, title and interest, in and to all the assets and properties owned by the Company, including but not limited to the Cash TopUp Assets, Issue Proceeds Account Assets, Company Operations Account Assets, Company Other Operations Account Assets, Company Receivables and CSU Receivables (as defined in the Debenture Trust Deed) in accordance with the deed of hypothecation between the Company and the Debenture Trustee
Movable Asset
on and from SPEPL Transfer Date, pledge over 100% equity share capital (on fully diluted basis) of SPEPL and the related Collateral and the voting rights attached thereto held by the shareholders of SPEPL (collectively the SPEPL Transferee Shareholders) and any other securities issued by SPEPL, pledged or required to be pledged in accordance with the Transaction Documents and a charge over the Hypothecated Assets (SPEPL Transferee Shareholders) in accordance with the pledge and charge agreement
Movable Asset
pledge over 100% shareholding (on a fully diluted basis) of SP Homes and SP Estate in Shapoorji Pallonji Real Estate Private Limited (SPRE) and the related Collateral and the voting rights attached thereto held by SP Homes and SP Estate and any other securities issued by SPRE, pledged or required to be pledged in accordance with the Transaction Documents and a charge over the Hypothecated Assets (SPRE Shareholders) in accordance with the pledge and charge agreement
Movable Asset
pledge over 37122 equity shares of Tata Sons Private Limited (PHC) and the related Collateral and the voting rights attached thereto held by Sterling Investment Corporation Private Limited (SIPL) presently constituting 9.185% of the issued and paidup equity share capital of and voting rights in the PHC, together with any further shares or other securities convertible or exchangeable into shares of the PHC issued to or to be held by SIPL and a charge over the Hypothecated Assets (PHC)
Movable Asset
charge over all of SIPL present and future rights, title, interest, in and to all the assets and properties owned by SIPL, including SIPL Other Operations Account Assets, the SIPL Other Accounts Assets but excluding the PHC Charged Assets and the Excluded SIPL Assets (as defined in the Debenture Trust Deed) by way of hypothecation in accordance with the deed of hypothecation to be executed, inter alia, between SIPL and the Debenture Trustee (as amended or amended and restated from time to time)
Movable Asset
pledge over 100% share capital of SP Homes and related Collateral and voting rights attached thereto held by SP Finance and Adil Khambata and any other securities issued by SP Homes, pledged or required to be pledged and 100% share capital of SP Estate and related Collateral and voting rights attached thereto, held by SC Finance and Adil Khambata and any other securities issued by SP Estate, pledged or required to be pledged and a charge over the Hypothecated Assets (SP Finance and SC Finance)
Book Debts / Receivables
pledge over (i) debt securities including any debentures issued/ to be issued by any member of Specific Transaction Relevant Group and subscribed by Sundock Investment Private Limited (Sundock) in accordance with the terms of the Transaction Documents (ii) related Collateral and charge over the Hypothecated Assets (Sundock) in accordance with the pledge and charge agreement to be executed, inter alia, between Sundock and Debenture Trustee (as amended or amended and restated from time to time)
Others, Please Specify
until the SPRE and Buildglobe Trigger Date, charge over all rights, title, interest of SPRE and Buildglobe Infrastructure Private Limited (Buildglobe), in and to the SPRE Designated Account Assets and the Buildglobe Designated Account Assets (as defined in the Debenture Trust Deed), respectively, by way of hypothecation in accordance with the deed of hypothecation to be executed between inter alia, SPRE, Buildglobe and the Debenture Trustee (as amended or amended and restated from time to time)
Others, Please Specify
such other Security (as defined in the Debenture Trust Deed) as may be agreed between the Company and the Debenture Trustee from time to time.
Movable Asset
on and from the SPEPL Transfer Date, pledge over 100% equity share capital (on fully diluted basis) of SPEPL Transferee Shareholders and related Collateral and voting rights attached thereto held by the shareholders of SPEPL Transferee Shareholders and any other securities issued by SPEPL Transferee Shareholders, pledged or required to be pledged in accordance with Transaction Documents and charge over Hypothecated Assets (SPEPL Parent Entities) in accordance with the pledge and charge agreement
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About Porteast Investment Private Limited bond with ISIN: INE0U9A07012
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 INE0U9A07012, represents a significant financial instrument. Issued by PORTEAST INVESTMENT PRIVATE LIMITED, it comes with the following description: "SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE LETTER OF ALLOTMENT DATE OF MATURITY 29/05/2028". 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, PORTEAST INVESTMENT 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) U64990DL2023PTC437255 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai 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 28600. It was allotted on 5/29/2025 and is scheduled for redemption on 5/29/2028. 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: on and from SPEPL Transfer Date, pledge over 100% equity share capital (on fully diluted basis) of SPEPL and the related Collateral and the voting rights attached thereto held by the shareholders of SPEPL (collectively the SPEPL Transferee Shareholders) and any other securities issued by SPEPL, pledged or required to be pledged in accordance with the Transaction Documents and a charge over the Hypothecated Assets (SPEPL Transferee Shareholders) in accordance with the pledge and charge agreement – 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.