Prachay Capital Limited
ACTIVE
ISIN: INE0IID07371
Issuer Details
Issuer Name
PRACHAY CAPITAL LIMITED
Type of Issuer
Non PSU
Sector
Diversified
Coupon Rate
15%
Industry
Diversified
Issuer nature
Other
Corporate Identity Number (CIN)
U65900PN2017PLC168737
Name of the Lead Manager
-
Registrar
Purva Sharegistry (India) Pr...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
15% SECURED UNRATED UNLISTED...
Face Value (in ₹)
10
Total Issue size( in ₹ Cr.)
12
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
04-01-2024
Redemption Date
04-01-2029
Whether Secured or Unsecured
Secured
Put Option Date
04-01-2025
Call Option Date
04-01-2025
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
Yes
Asset Type
Details of the security
Book Debts / Receivables
All present and future receivables and all right, title, interest and claims of the Company to the Receivables
Others, Please Specify
Yes
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PRACHAY CAPITAL LIMITED
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About Prachay Capital Limited bond with ISIN: INE0IID07371
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 INE0IID07371, represents a significant financial instrument. Issued by PRACHAY CAPITAL LIMITED, it comes with the following description: "15% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT SERIES D TRANCHE 4 DATE OF MATURITY 04/01/2029.". 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, PRACHAY CAPITAL 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) U65900PN2017PLC168737 further bolster its credibility. With a coupon rate of 15, 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 10 with an issue size of 12. It was allotted on 1/4/2024 and is scheduled for redemption on 1/4/2029. 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: 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 INE0IID07512 having a coupon rate of 14% and the bond with ISIN INE0IID07108 having a coupon rate of 14% and the bond with ISIN INE0IID07157 having a coupon rate of 14% and the bond with ISIN INE0IID07504 having a coupon rate of 15%. 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.