Saha Estate Developers Private Limited
INACTIVE
ISIN: INE334W07016
Issuer Details
Issuer Name
SAHA ESTATE DEVELOPERS PRIVA...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
19.75%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U70102DL2014PTC264466
Name of the Lead Manager
-
Registrar
Alankit Assignments Limited
Name of Debenture Trustee
Axis Trustee Services Limite...
Instrument Details
Instrument name as on NSDL
19.75% SECURED REDEEMABLE NO...
Face Value (in ₹)
936946.94
Total Issue size( in ₹ Cr.)
57
Category of Instrument
-
Allotment Date
25-01-2017
Redemption Date
15-12-2022
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
THE SECURITY COMPRISES OF THE FOLLOWING (a) FIRST CHARGE AND MORTGAGE OVER 4 COMPLETED UNITS IN RESIDENTIAL PROJECTS..CONTACT ISSUER FOR FURTHER DETAILS
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About Saha Estate Developers Private Limited bond with ISIN: INE334W07016
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 INE334W07016, represents a significant financial instrument. Issued by SAHA ESTATE DEVELOPERS PRIVATE LIMITED, it comes with the following description: "19.75% SECURED REDEEMABLE NON COVNERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 15/12/2022". 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, SAHA ESTATE 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) U70102DL2014PTC264466 further bolster its credibility. With a coupon rate of 19.75%, this instrument has been meticulously managed with the assistance of Alankit Assignments Limited and under the oversight of Axis Trustee Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 936946.94 with an issue size of 57. It was allotted on 1/25/2017 and is scheduled for redemption on 12/15/2022. 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. The bond carries a credit rating of D as provided by BRICKWORK RATINGS INDIA PRIVATE LIMITED. In the market, ratings typically range from D to AAA, and a rating of D 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: THE SECURITY COMPRISES OF THE FOLLOWING (a) FIRST CHARGE AND MORTGAGE OVER 4 COMPLETED UNITS IN RESIDENTIAL PROJECTS..CONTACT ISSUER FOR FURTHER DETAILS – 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 Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, BRICKWORK RATINGS INDIA PRIVATE LIMITED_25-04-2024, BRICKWORK RATINGS INDIA PRIVATE LIMITED_05-04-2023, BRICKWORK RATINGS INDIA PRIVATE LIMITED_07-03-2022, BRICKWORK RATINGS INDIA PRIVATE LIMITED_08-03-2021, BRICKWORK RATINGS INDIA PRIVATE LIMITED_09-03-2020, BRICKWORK RATINGS INDIA PRIVATE LIMITED_23-03-2019. 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 INE334W07024 having a coupon rate of 19.75%. 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.