Sarjan Realities Private Limited
ACTIVE
ISIN: INE03N707015
Issuer Details
Issuer Name
SARJAN REALITIES PRIVATE LIM...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
10.5%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U70101PN1997PLC016521
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
10.50% SECURED UNRATED UNLIS...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
73.88
Category of Instrument
OTHERS
Allotment Date
20-07-2023
Redemption Date
01-06-2033
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
all the movable plant and machinery, machinery spares, tools and accessories, furniture, fixtures and vehicles, both present and future of RE Park owned by the Company in relation to the RE Park Business
Asset Type
Details of the security
Others, Please Specify
all of the Companies rights, title, interest, benefits, claims and demands under each of the Project Documents (excluding the amounts to be received by the Company from the Project Developers under the Implementation and Support Agreements) all rights and benefits of the Company in relation to the security deposit or other amounts paid by the Company to the Government of Gujarat for the allotment of land for the RE Park. and such other assets / security as may be stipulated in the Transaction
Movable Asset
all the movable plant and machinery, machinery spares, tools and accessories, furniture, fixtures and vehicles, both present and future of RE Park owned by the Company in relation to the RE Park Business
Tangible Assets
all Insurance Contracts in relation to the RE Park Business in the name of the Company
Intangible Assets
all the intangible assets, including but not limited to goodwill, undertaking, both present and future in relation to the RE Park Business of the Company
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About Sarjan Realities Private Limited bond with ISIN: INE03N707015
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 INE03N707015, represents a significant financial instrument. Issued by SARJAN REALITIES PRIVATE LIMITED, it comes with the following description: "10.50% SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT DATE OF MATURITY 01/06/2033.". 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, SARJAN REALITIES 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) U70101PN1997PLC016521 further bolster its credibility. With a coupon rate of 10.5, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED 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 100000 with an issue size of 73.88. It was allotted on 7/20/2023 and is scheduled for redemption on 6/1/2033. 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: all the movable plant and machinery, machinery spares, tools and accessories, furniture, fixtures and vehicles, both present and future of RE Park owned by the Company in relation to the RE Park Business – 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 INE005X08018 having a coupon rate of 9% and the bond with ISIN INE002Z08077 having a coupon rate of N/A and the bond with ISIN INE0NO807016 having a coupon rate of 16% and the bond with ISIN INE003S07247 having a coupon rate of 9.3%. 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.