Sammaan Capital Limited
ACTIVE
ISIN: INE894F08087
Issuer Details
Issuer Name
SAMMAAN CAPITAL LIMITED
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
10.65%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
-
Name of the Lead Manager
-
Registrar
Skyline Financial Services P...
Name of Debenture Trustee
IDBI TRUSTEESHIP SERVICES LT...
Instrument Details
Instrument name as on NSDL
10.65% UNSECURED REDEEMABLE ...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
110.03
Category of Instrument
-
Allotment Date
05-06-2012
Redemption Date
05-06-2027
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Subordinate Tier 1
Credit Rating Details
Sr No.
Rating Agency Name
Credit Rating
Outlook
Rating Date
1
ICRA LIMITED
AA
Stable
27-06-2024
1
CARE Ratings Limited
AA-
Stable
05-06-2012
1
BRICKWORK RATINGS INDIA PRIVATE LIMITED
AA+
Stable
19-06-2015
Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.
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About Sammaan Capital Limited bond with ISIN: INE894F08087
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 INE894F08087, represents a significant financial instrument. Issued by SAMMAAN CAPITAL LIMITED, it comes with the following description: "10.65% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 05/06/2027.". 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, SAMMAAN CAPITAL 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) N/A further bolster its credibility. With a coupon rate of 10.65%, this instrument has been meticulously managed with the assistance of Skyline Financial Services Private Limited and under the oversight of IDBI TRUSTEESHIP SERVICES LTD., ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 110.03. It was allotted on 6/5/2012 and is scheduled for redemption on 6/5/2027. Categorized under "-" and defined as Unsecured, 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 AA as provided by ICRA LIMITED. In the market, ratings typically range from D to AAA, and a rating of AA 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: No specific asset cover description available. – 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, ICRA LIMITED_27-06-2024, CARE Ratings Limited_08-10-2024, BRICKWORK RATINGS INDIA PRIVATE LIMITED_09-05-2024, BRICKWORK RATINGS INDIA PRIVATE LIMITED_15-12-2022, BRICKWORK RATINGS INDIA PRIVATE LIMITED_18-11-2021, BRICKWORK RATINGS INDIA PRIVATE LIMITED_30-07-2021, BRICKWORK RATINGS INDIA PRIVATE LIMITED_29-03-2021, BRICKWORK RATINGS INDIA PRIVATE LIMITED_14-09-2020, BRICKWORK RATINGS INDIA PRIVATE LIMITED_23-03-2020, CARE Ratings Limited_09-10-2023, CARE Ratings Limited_27-12-2022. 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 INE148I07PV3 having a coupon rate of 10.25% and the bond with ISIN INE148I07JF9 having a coupon rate of 8.9% and the bond with ISIN INE148I07LA6 having a coupon rate of 8.66% and the bond with ISIN INE148I07RM8 having a coupon rate of 9.65%. 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.