Puranik Rumah Bali Private Limited
ACTIVE
ISIN: INE0OSL07017
Issuer Details
Issuer Name
PURANIK RUMAH BALI PRIVATE L...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
17%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U70109MH2022PTC391777
Name of the Lead Manager
-
Registrar
Skyline Financial Services P...
Name of Debenture Trustee
Beacon Trusteeship Ltd
Instrument Details
Instrument name as on NSDL
17% SECURED UNRATED UNLISTED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
40
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
27-01-2023
Redemption Date
31-12-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
200%
Details of Asset Cover
first ranking exclusive charge/mortgage on the Project named Rumah Bali Project 1and Tokyo Bay Project 2 as more specifically defined in the definitive agreements Development rights and FSI on the Projects
Asset Type
Details of the security
Immovable Assets
first ranking exclusive charge/mortgage on the Project named Rumah Bali Project 1and Tokyo Bay Project 2 as more specifically defined in the definitive agreements Development rights and FSI on the Projects
Movable Asset
first ranking exclusive charge over all the movable assets of Rumah Bali Project and Tokyo Bay Project
Others, Please Specify
first ranking exclusive charge by way of pledge on the equity share capital of Company Demand promissory note 12 from the Company and Personal guarantees of promoters & Corporate Guarantee by Puranik Builders Limited & PDCs & hypothecation of Partnership interest in Sai Pushp Enterprises
Trust & Retention Account /Escrow Accounts
Escrow Mechanism & as per Escrow Agreement dated January 25 2023 amongst Puranik Rumah Bali Pvt Ltd Company Puranik Builders Limited Corporate Guarantor Sai Pushp Enterprises Guarantor Beacon Trusteeship Limited Debenture Trustee Beacon Trusteeship Limited ICFL Trustee HDFC Bank Escrow Bank and Dalmia Nisus Finance Investment Managers LLP Facility Agent accounts held with HDFC Bank Limited Escrow Bank
Book Debts / Receivables
first ranking charge on all the Project 1 and Project 2 receivables as more specifically defined in the definitive agreements
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About Puranik Rumah Bali Private Limited bond with ISIN: INE0OSL07017
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 INE0OSL07017, represents a significant financial instrument. Issued by PURANIK RUMAH BALI PRIVATE LIMITED, it comes with the following description: "17% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 31/12/2025.". 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, PURANIK RUMAH BALI 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) U70109MH2022PTC391777 further bolster its credibility. With a coupon rate of 17, this instrument has been meticulously managed with the assistance of Skyline Financial Services Private Limited and under the oversight of Beacon Trusteeship Ltd, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 40. It was allotted on 1/27/2023 and is scheduled for redemption on 12/31/2025. 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 exclusive charge/mortgage on the Project named Rumah Bali Project 1and Tokyo Bay Project 2 as more specifically defined in the definitive agreements Development rights and FSI on the Projects – 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 INE0OSL07025 having a coupon rate of 13.25%. 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.