Royalrealtors Sky Height Private Limited
ACTIVE
ISIN: INE03S507055
Issuer Details
Issuer Name
ROYALREALTORS SKY HEIGHT PRI...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
-
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U45309MH2018PTC316584
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
RESET RATE SECURED UNRATED U...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
42
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
21-05-2024
Redemption Date
31-12-2028
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
Exclusive First Charge by way of a Registered English mortgage on underlying land and development rights on land unsold units and receivables of sold units of the Project Corporate Guarantee from the Issuer and Co obligors Personal Guarantee from Promoters 100 percentage pledge of shares of the Issuer 100 percentage Charge on in the interest of partnership firm M/s Royal DevelopersPDCs as per Repayment schedule Issuer and Co obligors Special Power of Attorney pursuant to mortgage.
Asset Type
Details of the security
Immovable Assets
Exclusive First Charge by way of a Registered English mortgage on underlying land and development rights on land unsold units and receivables of sold units of the Project Corporate Guarantee from the Issuer and Co obligors Personal Guarantee from Promoters 100 percentage pledge of shares of the Issuer 100 percentage Charge on in the interest of partnership firm M/s Royal DevelopersPDCs as per Repayment schedule Issuer and Co obligors Special Power of Attorney pursuant to mortgage.
Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.
Similar Bonds
DHFL INVESTMENTS LIMITED
ISIN: INE005X08018
Coupon Rate
9%
Face Value (in ₹)
1000000
WELSPUN AUNTA-SIMARIA PROJECT PRIVATE LIMITED
ISIN: INE002Z08077
Face Value (in ₹)
100
MJR BUILDERS PRIVATE LIMITED
ISIN: INE0NO807016
Coupon Rate
16%
Face Value (in ₹)
100000
RENEW POWER PRIVATE LIMITED
ISIN: INE003S07247
Coupon Rate
9.3%
Face Value (in ₹)
100000
About Royalrealtors Sky Height Private Limited bond with ISIN: INE03S507055
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 INE03S507055, represents a significant financial instrument. Issued by ROYALREALTORS SKY HEIGHT PRIVATE LIMITED, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES I DATE OF MATURITY 31/12/2028". 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, ROYALREALTORS SKY HEIGHT 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) U45309MH2018PTC316584 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 42. It was allotted on 5/21/2024 and is scheduled for redemption on 12/31/2028. 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: Exclusive First Charge by way of a Registered English mortgage on underlying land and development rights on land unsold units and receivables of sold units of the Project Corporate Guarantee from the Issuer and Co obligors Personal Guarantee from Promoters 100 percentage pledge of shares of the Issuer 100 percentage Charge on in the interest of partnership firm M/s Royal DevelopersPDCs as per Repayment schedule Issuer and Co obligors Special Power of Attorney pursuant to mortgage. – 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.