Ruptech Educational India
ACTIVE
ISIN: INE0I4407010
Issuer Details
Issuer Name
RUPTECH EDUCATIONAL INDIA
Type of Issuer
Non PSU
Sector
-
Coupon Rate
SBI PLR LINKED%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U80211DL2004NPL127406
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
SBI PLR LINKED SECURED RATED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
19.5
Category of Instrument
Plain Vanilla Debentures
Allotment Date
03-09-2021
Redemption Date
03-09-2029
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
538%
Details of Asset Cover
1ST CHARGE BY WAY OF MORTGAGE BY DEPOSITS OF TITLE DEEDS UNTO THE DEBENTURE TRUSTEE FOR THE BENEFIT OF THE DEBENTURE HOLDERS, 2 ND CHARGE OVER ALL THE CURRENT AND FUTURE FIXED AND IMMOVABLE ASSETS OF THE ISSUER. FOR MORE DETAILS PLEASE CONTACT TO ISSUER.
Asset Type
Details of the security
Book Debts / Receivables
2ND CHARGE OVER COMPANY RECEIVABLE OF ISSUER.
Movable Asset - Machineries & Plant
2ND CHARGE OVER ALL THE CURRENT AND FUTURE FIXED AND MOVABLE ASSETS OF THE ISSUER.
Immovable Assets - Properties
1ST CHARGE BY WAY OF MORTGAGE BY DEPOSITS OF TITLE DEEDS UNTO THE DEBENTURE TRUSTEE FOR THE BENEFIT OF THE DEBENTURE HOLDERS, 2 ND CHARGE OVER ALL THE CURRENT AND FUTURE FIXED AND IMMOVABLE ASSETS OF THE ISSUER. FOR MORE DETAILS PLEASE CONTACT TO ISSUER.
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About Ruptech Educational India bond with ISIN: INE0I4407010
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 INE0I4407010, represents a significant financial instrument. Issued by RUPTECH EDUCATIONAL INDIA, it comes with the following description: "SBI PLR LINKED SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE.SERIES I.DATE OF MATURITY 03/09/2029". 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, RUPTECH EDUCATIONAL INDIA, 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) U80211DL2004NPL127406 further bolster its credibility. With a coupon rate of SBI PLR LINKED, this instrument has been meticulously managed with the assistance of N/A and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 19.5. It was allotted on 9/3/2021 and is scheduled for redemption on 9/3/2029. 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 CRISIL RATINGS LIMITED. 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: 1ST CHARGE BY WAY OF MORTGAGE BY DEPOSITS OF TITLE DEEDS UNTO THE DEBENTURE TRUSTEE FOR THE BENEFIT OF THE DEBENTURE HOLDERS, 2 ND CHARGE OVER ALL THE CURRENT AND FUTURE FIXED AND IMMOVABLE ASSETS OF THE ISSUER. FOR MORE DETAILS PLEASE CONTACT TO 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. The bond is supported by a variety of documents including CRISIL RATINGS LIMITED_12-08-2024. 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 INE0I4407028 having a coupon rate of 15.4%. 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.