Samvardhana Motherson International Limited
ACTIVE
ISIN: INE775A08063
Issuer Details
Issuer Name
SAMVARDHANA MOTHERSON INTERN...
Type of Issuer
Non PSU
Sector
Automobile and Auto Componen...
Coupon Rate
6.09%
Industry
Auto Components
Issuer nature
-
Corporate Identity Number (CIN)
L34300MH1986PLC284510
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Axis Trustee Services Limite...
Instrument Details
Instrument name as on NSDL
6.09% UNSECURED RATED LISTED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
750
Category of Instrument
Plain Vanilla Debentures
Allotment Date
25-11-2021
Redemption Date
25-11-2026
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Cash Flow Schedule
Cash Flow Event
Record Date
Interest
10-11-2022
Interest
10-11-2023
Interest
10-11-2024
Interest
10-11-2025
Redemption
10-11-2026
Interest
10-11-2026
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 Samvardhana Motherson International Limited bond with ISIN: INE775A08063
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 INE775A08063, represents a significant financial instrument. Issued by SAMVARDHANA MOTHERSON INTERNATIONAL LIMITED, it comes with the following description: "6.09% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE.LETTER OF ALLOTMENT. SERIES 2.DATE OF MATURITY 25/11/2026". 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, SAMVARDHANA MOTHERSON INTERNATIONAL LIMITED, classified as N/A, 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) L34300MH1986PLC284510 further bolster its credibility. With a coupon rate of 6.09%, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE 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 1000000 with an issue size of 750. It was allotted on 11/25/2021 and is scheduled for redemption on 11/25/2026. Categorized under "Plain Vanilla Debentures" 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 AAA as provided by INDIA RATING AND RESEARCH PVT. LTD. In the market, ratings typically range from D to AAA, and a rating of AAA 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, INDIA RATING AND RESEARCH PVT. LTD_20-09-2024, INDIA RATING AND RESEARCH PVT. LTD_21-09-2023, INDIA RATING AND RESEARCH PVT. LTD_31-08-2023, INDIA RATING AND RESEARCH PVT. LTD_07-11-2022. 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 INE775A08055 having a coupon rate of 5.69% and the bond with ISIN INE775A08105 having a coupon rate of 6.5% and the bond with ISIN INE775A08089 having a coupon rate of 8.15% and the bond with ISIN INE775A08071 having a coupon rate of 5.68%. 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.