Save Solutions Private Limited

About Save Solutions Private Limited bond with ISIN: INE06PM07024

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 INE06PM07024, represents a significant financial instrument. Issued by SAVE SOLUTIONS PRIVATE LIMITED, it comes with the following description: "13.94% SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 13/06/2024.". 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, SAVE SOLUTIONS 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) U74900DL2013PTC306908 further bolster its credibility. With a coupon rate of 13.94%, this instrument has been meticulously managed with the assistance of N/A 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 500 with an issue size of 18.2325. It was allotted on 12/20/2019 and is scheduled for redemption on 6/13/2024. 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. The bond carries a credit rating of BBB as provided by CARE Ratings Limited. In the market, ratings typically range from D to AAA, and a rating of BBB 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: THE DEBENTRUES ARE SECURED BY WAY OF A FIRST RANKING EXCL AND CONTINUING CHARGE CREATED PURSUANT TO THE DEED F HYPOTHECATION DATED DEC 18,2019 EXECUTED BY THE COMPANY IN FAVOUR OF CATALYST TRUSTEESHIP LTD (AS DENETURE TRUSTEE) ("DEED OF HYPOTHECATION") OVER THE BOOK DEBTS/LOAN RECEIVABLES OF THE COMPANY AS DESCRIBED THEREIN (THE HYPOTHECATED ASSETS"). THE CHARGE OVER THE HYPOTHECATED ASSETS SHALL BE 1 TIMES THE SECURITY COVER) - CONTACT ISSUER FOR MORE DETAILS – 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 CARE Ratings Limited_04-06-2024, CARE Ratings Limited_29-05-2024, CARE Ratings Limited_03-10-2023, CARE Ratings Limited_04-10-2022. 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 INE06PM07149 having a coupon rate of 12.79% and the bond with ISIN INE06PM07164 having a coupon rate of 12.4% and the bond with ISIN INE06PM07123 having a coupon rate of 11.25% and the bond with ISIN INE06PM07057 having a coupon rate of 12.15%. 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.