Saisrushti (devanahalli Lakshmipura) Projects Private Limited
ACTIVE
ISIN: INE0PCP07019
Issuer Details
Issuer Name
SAISRUSHTI (DEVANAHALLI-LAKS...
Type of Issuer
Non PSU
Sector
Construction
Coupon Rate
10%
Industry
Construction
Issuer nature
Other
Corporate Identity Number (CIN)
U70109KA2018PTC111788
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
10% SECURED UNRATED UNLISTED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
1494
Category of Instrument
OTHERS
Allotment Date
31-03-2023
Redemption Date
31-03-2030
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
hypothecation of all receivables
Asset Type
Details of the security
Others, Please Specify
hypothecation of all receivables
Immovable Assets
Vatika India Next Plots
Immovable Assets
INXT City centre residential or commercial units
Immovable Assets
One on One residential or commercial units
Immovable Assets
commercial land plot
Immovable Assets
Vatika Aspirations plots
Immovable Assets
Vatika Express City Plots
Immovable Assets
Institutional Zone Land Plots
Immovable Assets
vatika India Next 2 commercial land plot
Immovable Assets
Vatika Seven Elements residential or commercial units
Immovable Assets
Commercial plot vatika India Next plot
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About Saisrushti (devanahalli Lakshmipura) Projects Private Limited bond with ISIN: INE0PCP07019
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 INE0PCP07019, represents a significant financial instrument. Issued by SAISRUSHTI (DEVANAHALLI-LAKSHMIPURA) PROJECTS PRIVATE LIMITED, it comes with the following description: "10% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTRUES DATE OF MATURITY 31/03/2030". 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, SAISRUSHTI (DEVANAHALLI-LAKSHMIPURA) PROJECTS 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) U70109KA2018PTC111788 further bolster its credibility. With a coupon rate of 10, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai 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 1000000 with an issue size of 1494. It was allotted on 3/31/2023 and is scheduled for redemption on 3/31/2030. Categorized under "OTHERS" 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: hypothecation of all receivables – 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 INE0PCP07027 having a coupon rate of 18%. 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.