S.p.y. Agro Industries Limited
INACTIVE
ISIN: INE945Y07015
Issuer Details
Issuer Name
S.P.Y. AGRO INDUSTRIES LIMIT...
Type of Issuer
Non PSU
Sector
Fast Moving Consumer Goods
Coupon Rate
25.5%
Industry
Beverages
Issuer nature
Other
Corporate Identity Number (CIN)
U01100TG2005PLC045887
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
25.50% SECURED UNRATED UNLIS...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
85
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
28-09-2023
Redemption Date
28-03-2025
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
Schedule 1, clause 5.1.4 and 5.1.5 of the debenture trust deed dated 30th August 2023
Asset Type
Details of the security
Movable Asset
Schedule 1, clause 5.1.4 and 5.1.5 of the debenture trust deed dated 30th August 2023
Intangible Assets
Schedule 1, clause 5.1.4 and 5.1.5 of the debenture trust deed dated 30th August 2023
Immovable Assets
Schedule 1, clause 5.1.1 to 5.1.3 of the debenture trust deed dated 30th August 2023
Non-Current Investments
Schedule 1, clause 5.1.4 and 5.1.5 of the debenture trust deed dated 30th August 2023
Current Assets
Schedule 1, clause 5.1.4 and 5.1.5 of the debenture trust deed dated 30th August 2023
Trust & Retention Account /Escrow Accounts
Schedule 1, clause 5.1.4 and 5.1.5 of the debenture trust deed dated 30th August 2023
Tangible Assets
Schedule 1, clause 5.1.4 and 5.1.5 of the debenture trust deed dated 30th August 2023
Book Debts / Receivables
Schedule 1, clause 5.1.4 and 5.1.5 of the debenture trust deed dated 30th August 2023
Others, Please Specify
All authorizations , licenses, Insurance Policies, Approvals, Assignments, Concessions, Easements and consents of the company and Nandi Grain Derivatives Pvt Ltd. Schedule 1, clause 5.1.4 of the debenture trust deed dated 30th August 2023. A pledge over 94.37% (ninety four point three seven percent) shareholding of S.P.Y Agro Industries Limited and 100% share holding of Nandi Grain Derivatives Pvt Ltd (on a fully diluted basis ) (Shaedule 1,clause 5.1.6 of the DTD)
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About S.p.y. Agro Industries Limited bond with ISIN: INE945Y07015
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 INE945Y07015, represents a significant financial instrument. Issued by S.P.Y. AGRO INDUSTRIES LIMITED, it comes with the following description: "25.50% SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE DATE OF MATURITY 28/03/2025.". 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, S.P.Y. AGRO INDUSTRIES 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) U01100TG2005PLC045887 further bolster its credibility. With a coupon rate of 25.5, this instrument has been meticulously managed with the assistance of N/A 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 85. It was allotted on 9/28/2023 and is scheduled for redemption on 3/28/2025. 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: Schedule 1, clause 5.1.4 and 5.1.5 of the debenture trust deed dated 30th August 2023 – 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 INE945Y07031 having a coupon rate of 18.4% and the bond with ISIN INE945Y07023 having a coupon rate of 15%. 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.