Shree Vardhman Infraheights Private Limited
INACTIVE
ISIN: INE670U07017
Issuer Details
Issuer Name
SHREE VARDHMAN INFRAHEIGHTS ...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
RESET RATE (REFER REMARKS)%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U70101DL2011PTC222557
Name of the Lead Manager
-
Registrar
Alankit Assignments Limited
Name of Debenture Trustee
IDBI TRUSTEESHIP SERVICES LI...
Instrument Details
Instrument name as on NSDL
RESET RATE SECURED REDEEMABL...
Face Value (in ₹)
10000000
Total Issue size( in ₹ Cr.)
90
Category of Instrument
-
Allotment Date
23-05-2016
Redemption Date
31-03-2022
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
(i) FIRTS SOLE AND EXCLUSIVE CHARGE BY WAY OF EQUITABLE MORTGAGE ON SATUR LAND (ii) FIRST SOLE AND EXCLUSIVE CHARGE BY WAY OF HYPOTHECATION ON ALL THE CASH FLOWS OF THE PROJECT..CONTACT ISSUER FOR FURTHER DETAILS
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About Shree Vardhman Infraheights Private Limited bond with ISIN: INE670U07017
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 INE670U07017, represents a significant financial instrument. Issued by SHREE VARDHMAN INFRAHEIGHTS PRIVATE LIMITED, it comes with the following description: "RESET RATE SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 31/03/2022". 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, SHREE VARDHMAN INFRAHEIGHTS 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) U70101DL2011PTC222557 further bolster its credibility. With a coupon rate of RESET RATE (REFER REMARKS), this instrument has been meticulously managed with the assistance of Alankit Assignments 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 10000000 with an issue size of 90. It was allotted on 5/23/2016 and is scheduled for redemption on 3/31/2022. 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 D as provided by CARE Ratings Limited. In the market, ratings typically range from D to AAA, and a rating of D 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: (i) FIRTS SOLE AND EXCLUSIVE CHARGE BY WAY OF EQUITABLE MORTGAGE ON SATUR LAND (ii) FIRST SOLE AND EXCLUSIVE CHARGE BY WAY OF HYPOTHECATION ON ALL THE CASH FLOWS OF THE PROJECT..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, CARE Ratings Limited_04-11-2024, CARE Ratings Limited_09-11-2023, CARE Ratings Limited_11-11-2022. 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 INE670U07058 having a coupon rate of 24% and the bond with ISIN INE670U07033 having a coupon rate of RESET RATE - REFER REMARKS and the bond with ISIN INE670U07025 having a coupon rate of RESET RATE (REFER REMARKS) and the bond with ISIN INE670U07041 having a coupon rate of 18%. 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.