Purva Oak Private Limited
ACTIVE
ISIN: INE0SRE07015
Issuer Details
Issuer Name
PURVA OAK PRIVATE LIMITED
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
NA%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U65100KA2016PTC096197
Name of the Lead Manager
-
Registrar
Integrated Enterprises (Indi...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
12.50% RESET RATE SECURED RA...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
220
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
19-07-2024
Redemption Date
19-11-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
150%
Details of Asset Cover
first ranking charge by way of mortgage over (a) all the pieces and parcels of lands admeasuring in aggregate 51,660 square metres or thereabouts situated, lying and being at Village Kolshet, Patlipada Junction, Ghodbunder Road, Thane (West) 400607, owned by the Company (Project 4 Land) and (b) all movable property (including receivables) from the upcoming project at Project 4 Land (Project 4)
Asset Type
Details of the security
Current Assets
first ranking charge by way of mortgage over (a) all the pieces and parcels of lands situated, lying and being at Medahalli, Bangalore (Project 3 Land) and Project 3, owned by the Parent Company and (b) all movable property (including receivables) of the Parent Company in relation to the project named Pura Kensho Hills situated at Medahalli, Bangalore (Project 3)
Current Assets
first ranking charge by way of mortgage over (a) all the pieces and parcels of lands admeasuring in aggregate 51,660 square metres or thereabouts situated, lying and being at Village Kolshet, Patlipada Junction, Ghodbunder Road, Thane (West) 400607, owned by the Company (Project 4 Land) and (b) all movable property (including receivables) from the upcoming project at Project 4 Land (Project 4)
Immovable Assets
first ranking charge by way of mortgage over (a) all the pieces and parcels of lands admeasuring in aggregate 51,660 square metres or thereabouts situated, lying and being at Village Kolshet, Patlipada Junction, Ghodbunder Road, Thane (West) 400607, owned by the Company (Project 4 Land) and (b) all movable property (including receivables) from the upcoming project at Project 4 Land (Project 4)
Immovable Assets
first ranking charge by way of mortgage over (a) all the pieces and parcels of lands situated, lying and being at Medahalli, Bangalore (Project 3 Land) and Project 3, owned by the Parent Company and (b) all movable property (including receivables) of the Parent Company in relation to the project named Pura Kensho Hills situated at Medahalli, Bangalore (Project 3)
Others, Please Specify
any other charge or security interest as requested by the debenture trustee
Movable Asset
first ranking charge by way of mortgage over all movable properties (including receivables) of T Hills Private Limited (T Hills) in relation to the project named Purva Tivoli Hills located at Devanahalli, Bangalore (Project 2)
Movable Asset
first ranking charge by way of mortgage over (a) all the pieces and parcels of lands admeasuring in aggregate 51,660 square metres or thereabouts situated, lying and being at Village Kolshet, Patlipada Junction, Ghodbunder Road, Thane (West) 400607, owned by the Company (Project 4 Land) and (b) all movable property (including receivables) from the upcoming project at Project 4 Land (Project 4)
Movable Asset
first ranking charge by way of mortgage over all movable properties (including receivables) of Puravankara Limited (Parent Company) in relation to the project named Purva Oakshire situated at Rampura, Hennur, Bangalore, and owned by the Parent Company (Project 1)
Current Assets
first ranking charge by way of mortgage over all movable properties (including receivables) of Puravankara Limited (Parent Company) in relation to the project named Purva Oakshire situated at Rampura, Hennur, Bangalore, and owned by the Parent Company (Project 1)
Current Assets
first ranking charge by way of mortgage over all movable properties (including receivables) of T Hills Private Limited (T Hills) in relation to the project named Purva Tivoli Hills located at Devanahalli, Bangalore (Project 2)
Movable Asset
first ranking charge by way of mortgage over (a) all the pieces and parcels of lands situated, lying and being at Medahalli, Bangalore (Project 3 Land) and Project 3, owned by the Parent Company and (b) all movable property (including receivables) of the Parent Company in relation to the project named Pura Kensho Hills situated at Medahalli, Bangalore (Project 3)
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About Purva Oak Private Limited bond with ISIN: INE0SRE07015
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 INE0SRE07015, represents a significant financial instrument. Issued by PURVA OAK PRIVATE LIMITED, it comes with the following description: "12.50% RESET RATE SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 19/11/2026.". 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, PURVA OAK 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) U65100KA2016PTC096197 further bolster its credibility. With a coupon rate of NA, this instrument has been meticulously managed with the assistance of Integrated Enterprises (India) Ltd., Bangalore 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 220. It was allotted on 7/19/2024 and is scheduled for redemption on 11/19/2026. 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. The bond carries a credit rating of BBB- as provided by INDIA RATING AND RESEARCH PVT. LTD. In the market, ratings typically range from D to AAA, and a rating of BBB- 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: first ranking charge by way of mortgage over (a) all the pieces and parcels of lands admeasuring in aggregate 51,660 square metres or thereabouts situated, lying and being at Village Kolshet, Patlipada Junction, Ghodbunder Road, Thane (West) 400607, owned by the Company (Project 4 Land) and (b) all movable property (including receivables) from the upcoming project at Project 4 Land (Project 4) – 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 INE0SRE08039 having a coupon rate of N/A and the bond with ISIN INE0SRE08013 having a coupon rate of N/A and the bond with ISIN INE0SRE08021 having a coupon rate of N/A and the bond with ISIN INE0SRE08013 having a coupon rate of N/A. 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.