Punith Buildtech Private Limited
ACTIVE
ISIN: INE0KJU07015
Issuer Details
Issuer Name
PUNITH BUILDTECH PRIVATE LIM...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
12%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U45402MH2021PTC373717
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
12% IRR SECURED UNRATED UNLI...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
32.9
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
29-09-2022
Redemption Date
28-09-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
1.15%
Details of Asset Cover
First ranking charge over development rights / FSI / TDR generated with respect to the Project Land. First charge by way of hypothecation over the Project receivables. First charge by way of hypothecation of all the current and non current assets of the Project belonging to the Issuer. First Ranking charge on all assets pertaining to the Project including receivables, bank accounts, documents, authorizations pertaining to the Project insurance policies etc.
Asset Type
Details of the security
Immovable Assets
First ranking charge over development rights / FSI / TDR generated with respect to the Project Land. First charge by way of hypothecation over the Project receivables. First charge by way of hypothecation of all the current and non current assets of the Project belonging to the Issuer. First Ranking charge on all assets pertaining to the Project including receivables, bank accounts, documents, authorizations pertaining to the Project insurance policies etc.
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About Punith Buildtech Private Limited bond with ISIN: INE0KJU07015
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 INE0KJU07015, represents a significant financial instrument. Issued by PUNITH BUILDTECH PRIVATE LIMITED, it comes with the following description: "12% IRR SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES . DATE OF MATURITY 28/09/2025". 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, PUNITH BUILDTECH 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) U45402MH2021PTC373717 further bolster its credibility. With a coupon rate of 12, 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 100000 with an issue size of 32.9. It was allotted on 9/29/2022 and is scheduled for redemption on 9/28/2025. 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: First ranking charge over development rights / FSI / TDR generated with respect to the Project Land. First charge by way of hypothecation over the Project receivables. First charge by way of hypothecation of all the current and non current assets of the Project belonging to the Issuer. First Ranking charge on all assets pertaining to the Project including receivables, bank accounts, documents, authorizations pertaining to the Project insurance policies etc. – 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.