Seeds Fincap Private Limited
INACTIVE
ISIN: INE0K2Q07015
Issuer Details
Issuer Name
SEEDS FINCAP PRIVATE LIMITED
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
16.50%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65999DL2019PTC357518
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
16.50% SECURED RATED UNLISTE...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
7.5
Category of Instrument
Others
Allotment Date
30-09-2022
Redemption Date
07-03-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
110%
Details of Asset Cover
First ranking, exclusive, current, and continuing charge of 1.1x cover of Outstanding Amounts, Personal Guarantee
Asset Type
Details of the security
Book Debts / Receivables
First ranking, exclusive, current, and continuing charge of 1.1x cover of Outstanding Amounts, Personal Guarantee
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About Seeds Fincap Private Limited bond with ISIN: INE0K2Q07015
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 INE0K2Q07015, represents a significant financial instrument. Issued by SEEDS FINCAP PRIVATE LIMITED, it comes with the following description: "16.50% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES . DATE OF MATURITY 07/03/2025". 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 16.50%, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 7.5. It was allotted on 9/30/2022 and is scheduled for redemption on 3/7/2025. 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 BB+ as provided by Acuite Ratings And Research Limited. In the market, ratings typically range from D to AAA, and a rating of BB+ 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 1.1x cover of Outstanding Amounts, Personal Guarantee – 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 Acuite Ratings And Research Limited_17-05-2024, Acuite Ratings And Research Limited_-, Acuite Ratings And Research Limited_18-05-2023. 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 INE0K2Q07023 having a coupon rate of 16.25% and the bond with ISIN INE0K2Q07098 having a coupon rate of 14.5%. 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.