Shapoorji Pallonji Logispace & Investment Advisors Private Limited
ACTIVE
ISIN: INE0Y6607028
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
Asset Type
Details of the security
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
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
Others, Please Specify
Pledge of shares (100%) of the Issuer
Others, Please Specify
Demand Promissory Note to be executed by the Issuer
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)
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
Others, Please Specify
First Ranking charge over the rights of on the 66.89 acres of land situated at Rajarhat, Kolkata ("BSHDPL")
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" )
Others, Please Specify
Non disposal undertaking of BSHDPL shares to be provided by SPRE until the creation of the pledge
Others, Please Specify
Rights of way agreement to be executed, if required, by and amongst HPPL, SPRE, and Palchin Real Estate Pvt Ltd
Others, Please Specify
Such other security and restrictive covenants as may be required by Synergy
Others, Please Specify
Undated and/or post dated cheques for the principal amount and interest payments
Others, Please Specify
Corporate Guarantee of HPPL and MHBFL and SPRE
Others, Please Specify
First ranking hypothecation of Bank accounts, escrow accounts receivable, and any other rights and benefits from the BSHDPL Property
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
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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.