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  1. Home
  2. Shapoorji Pallonji L...

Shapoorji Pallonji Logispace & Investment Advisors Private Limited

ACTIVE

ISIN: INE0Y6607028

Issuer Details

Instrument Details

Security Measures

Cash Flow Schedule

Issuer Details


Issuer Name

SHAPOORJI PALLONJI LOGISPACE...

Type of Issuer

Non PSU

Sector

Diversified

Coupon Rate

15%

Industry

Diversified

Issuer nature

Other

Corporate Identity Number (CIN)

U67100MH2019PTC320554

Name of the Lead Manager

-

Registrar

Link Intime India Private Li...

Name of Debenture Trustee

IDBI Trusteeship Services Li...

Instrument Details


Instrument name as on NSDL

15% SECURED UNRATED UNLISTED...

Face Value (in ₹)

1000000

Total Issue size( in ₹ Cr.)

45

Category of Instrument

PLAIN VANILLA DEBENTURES

Allotment Date

13-12-2024

Redemption Date

30-04-2028

Whether Secured or Unsecured

Secured

Put Option Date

-

Call Option Date

-

Seniority in Repayment

Senior

Security Measures


Asset Coverage

Principal + Interest

Asset Percentage

100%

Details of Asset Cover

Undated and/or post dated cheques for the principal amount and interest payments

Sr No.

Asset Type

Details of the security

1

Others, Please Specify

First ranking charge by way of hypothecation on the proceeds realised from the HPPL Property, Including any work in progress, both present and future forming part of or arising directly HPPl Property

2

Others, Please Specify

First ranking charge by way of a pledge of 100% issued and fully paid up equity shares of the BSHDPL and held by SPRE and SDML, for which SDML shall apply for RBI approval within 10 days from the Closing Date to perfect the share pledge on 80% of the shares of BSHDPL and the share pledge shall be perfected within 5 days of receiving RBI approval

3

Others, Please Specify

Pledge of shares (100%) of the Issuer

4

Others, Please Specify

Demand Promissory Note to be executed by the Issuer

5

Others, Please Specify

Non disposal undertaking of BSHDPL shares to be provided by Spring Developers Mauritius Limited until the creation of the pledge (to be issued within 15 days after the existing pledge is released)

6

Others, Please Specify

First ranking charge by way of hypothecation over all the rights, title, interest, benefit, claims and demands whatsoever of the Issuer in, to, under and in respect of its fixed and current assets, both present and future

7

Others, Please Specify

First Ranking charge over the rights of on the 66.89 acres of land situated at Rajarhat, Kolkata ("BSHDPL")

8

Immovable Assets

Registered Mortgage Deed on the land bearing survey No. 11/1, Survey No. 11/2A, Survey No. 12/4, Survey No. 12/5, collectively admeasuring in aggregate 19,800 square meters equivalent to 4.89 acres from and out of the total area admeasuring 30,200 sq. mt. equivalent to 7.46 acres situate at Village Shevalwadi, Taluka Haveli and District Pune and owned by MHBFPL ("MHBFPL Property" )

9

Others, Please Specify

Non disposal undertaking of BSHDPL shares to be provided by SPRE until the creation of the pledge

10

Others, Please Specify

Rights of way agreement to be executed, if required, by and amongst HPPL, SPRE, and Palchin Real Estate Pvt Ltd

11

Others, Please Specify

Such other security and restrictive covenants as may be required by Synergy

12

Others, Please Specify

Undated and/or post dated cheques for the principal amount and interest payments

13

Others, Please Specify

Corporate Guarantee of HPPL and MHBFL and SPRE

14

Others, Please Specify

First ranking hypothecation of Bank accounts, escrow accounts receivable, and any other rights and benefits from the BSHDPL Property

15

Immovable Assets

First ranking charge by way of mortgage all that pieces and parcel of land bearing (i) Survey No 160/1 (part) and Survey No 160/2 (part) admeasuring in the aggregate 9,710.59 square meters or thereabouts and (ii) Survey No 161 (part) admeasuring 30,900.80 square meters or thereabouts and all together admeasuring in aggregate 40,611.39 square meters or thereabouts all situate, lying and being at village Manjri Budruk, Taluk Haveli District Pune owned by HPPL along with the entire development

Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.

Similar Bonds

SHAPOORJI PALLONJI LOGISPACE & INVESTMENT ADVISORS PRIVATE LIMITED

ISIN: INE0Y6607010

Coupon Rate

15

Face Value (in ₹)

1000000


About Shapoorji Pallonji Logispace & Investment Advisors Private Limited bond with ISIN: INE0Y6607028

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 INE0Y6607028, represents a significant financial instrument. Issued by SHAPOORJI PALLONJI LOGISPACE & INVESTMENT ADVISORS PRIVATE LIMITED, it comes with the following description: "15% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE SERIES B DATE OF MATURITY 30/04/2028". 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, SHAPOORJI PALLONJI LOGISPACE & INVESTMENT ADVISORS 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) U67100MH2019PTC320554 further bolster its credibility. With a coupon rate of 15, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai 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 45. It was allotted on 12/13/2024 and is scheduled for redemption on 4/30/2028. Categorized under "PLAIN VANILLA DEBENTURES" 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: Undated and/or post dated cheques for the principal amount and interest payments – 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 INE0Y6607010 having a coupon rate of 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.

Disclaimer: The facts and information on this page are for information and awareness purposes only. No information provided here is intended towards any specific user and should not be construed as investment advice or a recommendation of any kind whatsoever. You are requested to consult with your professional investment advisor or tax advisor for specific directions on any investments in any securities including the bonds mentioned on this page before making any investment decision. Tap Bonds shall not be liable for any losses incurred by you based on an investment decision utilising the information.
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