Shivam Autotech Limited
INACTIVE
ISIN: INE637H07013
Issuer Details
Issuer Name
SHIVAM AUTOTECH LIMITED
Type of Issuer
Non PSU
Sector
Automobile and Auto Componen...
Coupon Rate
11.50%
Industry
Auto Components
Issuer nature
-
Corporate Identity Number (CIN)
L34300HR2005PLC081531
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
11.50% SECURED UNRATED UNLIS...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
25
Category of Instrument
-
Allotment Date
10-08-2023
Redemption Date
10-08-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
175%
Details of Asset Cover
first pari passu charge over the immovable properties of the Company second pari passu charge over the current assets of the Company a first ranking exclusive charge over the escrow account (including the debt service reserve account) and monies lying to the credit of the escrow accoun
Asset Type
Details of the security
Current Assets
second pari passu charge over the current assets of the Company
Movable Asset - Machineries & Plant
first pari passu charge over the movable properties of the Company
Book Debts / Receivables
second pari passu charge over the receivables of the Company
Immovable Assets - Properties
first pari passu charge over the immovable properties of the Company
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About Shivam Autotech Limited bond with ISIN: INE637H07013
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 INE637H07013, represents a significant financial instrument. Issued by SHIVAM AUTOTECH LIMITED, it comes with the following description: "11.50% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT SERIES A DATE OF MATURITY 10/08/2025.". 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, SHIVAM AUTOTECH LIMITED, classified as N/A, 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) L34300HR2005PLC081531 further bolster its credibility. With a coupon rate of 11.50%, this instrument has been meticulously managed with the assistance of N/A 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 25. It was allotted on 8/10/2023 and is scheduled for redemption on 8/10/2025. Categorized under "N/A" 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: first pari passu charge over the immovable properties of the Company second pari passu charge over the current assets of the Company a first ranking exclusive charge over the escrow account (including the debt service reserve account) and monies lying to the credit of the escrow accoun – 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 INE637H07021 having a coupon rate of 12.6% and the bond with ISIN INE637H07047 having a coupon rate of 7% and the bond with ISIN INE637H07039 having a coupon rate of N/A. 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.