Seeds Fincap Private Limited

About Seeds Fincap Private Limited bond with ISIN: INE0K2Q07023

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 INE0K2Q07023, represents a significant financial instrument. Issued by SEEDS FINCAP PRIVATE LIMITED, it comes with the following description: "16.25% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 30/11/2024.". 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, SEEDS FINCAP 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) U65999DL2019PTC357518 further bolster its credibility. With a coupon rate of 16.25, 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 1000000 with an issue size of 10. It was allotted on 11/9/2022 and is scheduled for redemption on 11/30/2024. 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. The bond carries a credit rating of BBB- as provided by CRISIL 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: First ranking exclusive, current and continuing charge of 1.2x cover of outstanding amount and promoter guarantee of Mr. Subhash Chandra Acharya & Mr. Avishek Sarkar – 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 CRISIL RATINGS LIMITED_26-07-2024, CRISIL RATINGS LIMITED_07-02-2024. 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 INE0K2Q07064 having a coupon rate of 15.5% and the bond with ISIN INE0K2Q07072 having a coupon rate of 13.75% and the bond with ISIN INE0K2Q07098 having a coupon rate of 14.5% and the bond with ISIN INE0K2Q07056 having a coupon rate of 15.8%. 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.