Qburst Software Services Private Limited
ACTIVE
ISIN: INE1LGZ07016
Issuer Details
Issuer Name
QBURST SOFTWARE SERVICES PRI...
Type of Issuer
Non PSU
Sector
Information Technology
Coupon Rate
11.4%
Industry
IT - Services
Issuer nature
Other
Corporate Identity Number (CIN)
U62099KL2024PTC090365
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
11.4% SECURED RATED LISTED R...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
495
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
09-05-2025
Redemption Date
09-05-2030
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
The Debentures will be secured by: (a) a first ranking pari passu charge by way of hypothecation over all present and future movable assets, current assets, intellectual property, receivables, rights under contracts and bank accounts of the Issuer (other than the bank account referred to in (b) (b) a first ranking exclusive charge by way of hypothecation over an identified bank account in the name of the Issuer opened with ICICI Bank Limited and all rights, investments, monies, etc in and from
Asset Type
Details of the security
Others, Please Specify
The Debentures will be secured by: (a) a first ranking pari passu charge by way of hypothecation over all present and future movable assets, current assets, intellectual property, receivables, rights under contracts and bank accounts of the Issuer (other than the bank account referred to in (b) (b) a first ranking exclusive charge by way of hypothecation over an identified bank account in the name of the Issuer opened with ICICI Bank Limited and all rights, investments, monies, etc in and from
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About Qburst Software Services Private Limited bond with ISIN: INE1LGZ07016
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 INE1LGZ07016, represents a significant financial instrument. Issued by QBURST SOFTWARE SERVICES PRIVATE LIMITED, it comes with the following description: "11.4% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 09/05/2030". 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, QBURST SOFTWARE SERVICES 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) U62099KL2024PTC090365 further bolster its credibility. With a coupon rate of 11.4, 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 495. It was allotted on 5/9/2025 and is scheduled for redemption on 5/9/2030. 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 A as provided by INDIA RATING AND RESEARCH PVT. LTD. In the market, ratings typically range from D to AAA, and a rating of A 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: The Debentures will be secured by: (a) a first ranking pari passu charge by way of hypothecation over all present and future movable assets, current assets, intellectual property, receivables, rights under contracts and bank accounts of the Issuer (other than the bank account referred to in (b) (b) a first ranking exclusive charge by way of hypothecation over an identified bank account in the name of the Issuer opened with ICICI Bank Limited and all rights, investments, monies, etc in and from – 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.