Shreegaondevi Enterprises Private Limited
ACTIVE
ISIN: INE0TKT07016
Issuer Details
Issuer Name
SHREEGAONDEVI ENTERPRISES PR...
Type of Issuer
Non PSU
Sector
Diversified
Coupon Rate
12%
Industry
Diversified
Issuer nature
Other
Corporate Identity Number (CIN)
U70109MH2022PTC392044
Name of the Lead Manager
-
Registrar
Purva Sharegistry (India) Pr...
Name of Debenture Trustee
Axis Trustee Services Limite...
Instrument Details
Instrument name as on NSDL
12% SECURED UNRATED UNLISTED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
9.9
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
17-08-2024
Redemption Date
16-08-2027
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
All that piece and parcel of land admeasuring 1798.70 square meters or thereabouts in the aggregate bearing comprising of CTS Nos 153, 153/1 to 52 situate lying and being at Village Kanjur at Jangal Mangal Road Gaavdevi Road, Bhandup (West), Mumbai 400078.
Asset Type
Details of the security
Immovable Assets
All that piece and parcel of land admeasuring 1798.70 square meters or thereabouts in the aggregate bearing comprising of CTS Nos 153, 153/1 to 52 situate lying and being at Village Kanjur at Jangal Mangal Road Gaavdevi Road, Bhandup (West), Mumbai 400078.
Others, Please Specify
Company movable property relating to the Project and associated and attached to the Project Land/including present and future machinery (whether movable or fixed or attached implements, equipments, appliances, fittings, spares, tools and accessories, spare parts whether installed or to be installed, as also the tangible and intangible movable properties both present and future and all such movable property whether now or at any time hereafter
Trust & Retention Account /Escrow Accounts
All the Receivables, Escrow Accounts and all the moneys lying in the Escrow Account(s) in respect of the Project, from time to time.
Others, Please Specify
All the right, title, interest, benefits, claims and demands whatsoever of the Company in the Project/Project
Immovable Assets
Slum rehabilitation project titled Jay Krishna on the Project Land and registered with RERA under project registration number P51800010788 located at Village Kanjur at Jangal Mangal Road Gaavdevi Road, Bhandup (West), containing of total RERA carpet area potential of 47,142sq.ft. in the free sale buildings consisting of 99 units and RERA carpet area of 27,398 square feet in the Rehab Wing consisting of 100 Units (including 14 free sale Units).
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About Shreegaondevi Enterprises Private Limited bond with ISIN: INE0TKT07016
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 INE0TKT07016, represents a significant financial instrument. Issued by SHREEGAONDEVI ENTERPRISES PRIVATE LIMITED, it comes with the following description: "12% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 16/08/2027". 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, SHREEGAONDEVI ENTERPRISES 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) U70109MH2022PTC392044 further bolster its credibility. With a coupon rate of 12, this instrument has been meticulously managed with the assistance of Purva Sharegistry (India) Private Limited and under the oversight of Axis Trustee Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 9.9. It was allotted on 8/17/2024 and is scheduled for redemption on 8/16/2027. 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: All that piece and parcel of land admeasuring 1798.70 square meters or thereabouts in the aggregate bearing comprising of CTS Nos 153, 153/1 to 52 situate lying and being at Village Kanjur at Jangal Mangal Road Gaavdevi Road, Bhandup (West), Mumbai 400078. – 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 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.