Respo Financial Capital Private Limited
ACTIVE
ISIN: INE10A707011
Issuer Details
Issuer Name
RESPO FINANCIAL CAPITAL PRIV...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
15.5%
Industry
Financial Technology (Fintec...
Issuer nature
Other
Corporate Identity Number (CIN)
U65990MH2021PTC373655
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
15.5% SECURED UNRATED UNLIST...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
20
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
31-07-2024
Redemption Date
30-06-2026
Whether Secured or Unsecured
Secured
Put Option Date
30-09-2025
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
115%
Details of Asset Cover
First ranking pari passu charge to be created pursuant to the deed of hypothecation executed between the Issuer and the Debenture Trustee through the Deed of Hypothecation dated 31 July 2024 over book debts and receivables of the Issuer
Asset Type
Details of the security
Others, Please Specify
Unconditional and irrevocable Corporate guarantee provided by Easy Platform Services Private Limited
Book Debts / Receivables
First ranking pari passu charge to be created pursuant to the deed of hypothecation executed between the Issuer and the Debenture Trustee through the Deed of Hypothecation dated 31 July 2024 over book debts and receivables of the Issuer
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About Respo Financial Capital Private Limited bond with ISIN: INE10A707011
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 INE10A707011, represents a significant financial instrument. Issued by RESPO FINANCIAL CAPITAL PRIVATE LIMITED, it comes with the following description: "15.5% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE TRANCHE 1 DATE OF MATURITY 30/06/2026". 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, RESPO FINANCIAL CAPITAL 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) U65990MH2021PTC373655 further bolster its credibility. With a coupon rate of 15.5, 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 20. It was allotted on 7/31/2024 and is scheduled for redemption on 6/30/2026. 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. 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 pari passu charge to be created pursuant to the deed of hypothecation executed between the Issuer and the Debenture Trustee through the Deed of Hypothecation dated 31 July 2024 over book debts and receivables of the Issuer – 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.