Radius Estates And Developers Private Limited
INACTIVE
ISIN: INE203S07052
Issuer Details
Issuer Name
RADIUS ESTATES AND DEVELOPER...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
16%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U45400MH2014PTC256188
Name of the Lead Manager
-
Registrar
Purva Sharegistry (India) Pr...
Name of Debenture Trustee
BEACON TRUSTEESHIP LIMITED
Instrument Details
Instrument name as on NSDL
16% SECURED REDEEMABLE NON C...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
10
Category of Instrument
-
Allotment Date
04-01-2017
Redemption Date
29-03-2019
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
FIRST AND EXCLUSIVE CHARGE THROUGH A REGISTERED MORTGAGE ON PRE -IDENTIFIED UNITS EQUIVALENT TO 27134 SQ FT OF CARPET AREA EQUIVALENT TO 45054 SALEABLE AREA FT IN RESIDENTIAL PROJECT CALLED PROJECT BANDRA SITUATED AT BANDRA (EAST) MUMBAI HYPOTHECATION OF THE RECEIVABLES FROM THE SECURITY AREA MORTGAGED, POST DATED CHEQUES
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About Radius Estates And Developers Private Limited bond with ISIN: INE203S07052
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 INE203S07052, represents a significant financial instrument. Issued by RADIUS ESTATES AND DEVELOPERS PRIVATE LIMITED, it comes with the following description: "16% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES B. DATE OF MATURITY 29/03/2019". Although the bond is currently marked as inactive, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, RADIUS ESTATES AND DEVELOPERS 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) U45400MH2014PTC256188 further bolster its credibility. With a coupon rate of 16%, this instrument has been meticulously managed with the assistance of Purva Sharegistry (India) Private Limited and under the oversight of BEACON TRUSTEESHIP LIMITED, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 10. It was allotted on 1/4/2017 and is scheduled for redemption on 3/29/2019. Categorized under "-" 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 AND EXCLUSIVE CHARGE THROUGH A REGISTERED MORTGAGE ON PRE -IDENTIFIED UNITS EQUIVALENT TO 27134 SQ FT OF CARPET AREA EQUIVALENT TO 45054 SALEABLE AREA FT IN RESIDENTIAL PROJECT CALLED PROJECT BANDRA SITUATED AT BANDRA (EAST) MUMBAI HYPOTHECATION OF THE RECEIVABLES FROM THE SECURITY AREA MORTGAGED, POST DATED CHEQUES – 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 INE203S07060 having a coupon rate of 16% and the bond with ISIN INE203S07037 having a coupon rate of 13% and the bond with ISIN INE203S07078 having a coupon rate of 16% and the bond with ISIN INE203S07102 having a coupon rate of 16.01%. 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.