Sai Srushti Developers Private Limited
INACTIVE
ISIN: INE129R07028
Issuer Details
Issuer Name
SAI SRUSHTI DEVELOPERS PRIVA...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
20% IRR LINKED
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U45200TG2004PTC044837
Name of the Lead Manager
-
Registrar
Cameo Corporate Services Ltd
Name of Debenture Trustee
Axis Trustee Services Limite...
Instrument Details
Instrument name as on NSDL
20% IRR LINKED SECURED UNLIS...
Face Value (in ₹)
10
Total Issue size( in ₹ Cr.)
61
Category of Instrument
-
Allotment Date
24-09-2019
Redemption Date
23-09-2022
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
SECURED BY RECEIVABLES OF SREENADHA REDDY NAYANI AND SUMANTH KUMAR REDDY BATHINA FROM GODREJ RESERVE LLP
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About Sai Srushti Developers Private Limited bond with ISIN: INE129R07028
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 INE129R07028, represents a significant financial instrument. Issued by SAI SRUSHTI DEVELOPERS PRIVATE LIMITED, it comes with the following description: "20% IRR LINKED SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 23/09/2022". 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, SAI SRUSHTI 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) U45200TG2004PTC044837 further bolster its credibility. With a coupon rate of 20% IRR LINKED, this instrument has been meticulously managed with the assistance of Cameo Corporate Services Ltd and under the oversight of Axis Trustee Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 10 with an issue size of 61. It was allotted on 9/24/2019 and is scheduled for redemption on 9/23/2022. 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. 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: SECURED BY RECEIVABLES OF SREENADHA REDDY NAYANI AND SUMANTH KUMAR REDDY BATHINA FROM GODREJ RESERVE LLP – 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 INE129R07010 having a coupon rate of 20% and the bond with ISIN INE129R07036 having a coupon rate of 20%. 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.