Shanders Properties Private Limited
INACTIVE
ISIN: INE177O07032
Issuer Details
Issuer Name
SHANDERS PROPERTIES PRIVATE ...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
12%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U70101KA2010PTC053045
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
IDBI TRUSTEESHIP SERVICES LI...
Instrument Details
Instrument name as on NSDL
12% SECURED REDEEMABLE NON C...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
35
Category of Instrument
-
Allotment Date
20-03-2013
Redemption Date
30-09-2017
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
MORTGAGE BY DEPOSIT OF TITLE DEEDS OVER CERTAIN PROPERTIES PROVIDED BY GROUP COMPANIES OF THE ISSUER BEING ZETOR PROPERTIES PVT LTD FOR PROPERTIES IN BANGLORE KARNATAKA AND SHANDERS PROPERTIES & INFRASTRUCTURE PVT LTD FOR PROPERTIES IN RANGA REDDY DISTRICT..CONTACT ISSUER FOR FURTHER DETAILS
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About Shanders Properties Private Limited bond with ISIN: INE177O07032
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 INE177O07032, represents a significant financial instrument. Issued by SHANDERS PROPERTIES PRIVATE LIMITED, it comes with the following description: "12% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 30/09/2017". 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, SHANDERS PROPERTIES 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) U70101KA2010PTC053045 further bolster its credibility. With a coupon rate of 12%, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of IDBI TRUSTEESHIP SERVICES LIMITED, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 35. It was allotted on 3/20/2013 and is scheduled for redemption on 9/30/2017. 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 BB- as provided by ICRA 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: MORTGAGE BY DEPOSIT OF TITLE DEEDS OVER CERTAIN PROPERTIES PROVIDED BY GROUP COMPANIES OF THE ISSUER BEING ZETOR PROPERTIES PVT LTD FOR PROPERTIES IN BANGLORE KARNATAKA AND SHANDERS PROPERTIES & INFRASTRUCTURE PVT LTD FOR PROPERTIES IN RANGA REDDY DISTRICT..CONTACT ISSUER FOR FURTHER 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 Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series. 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.