Shrinithi Capital Private Limited
ACTIVE
ISIN: INE0TVC07027
Issuer Details
Issuer Name
SHRINITHI CAPITAL PRIVATE LI...
Type of Issuer
Non PSU
Sector
Diversified
Coupon Rate
15.6%
Industry
Diversified
Issuer nature
Other
Corporate Identity Number (CIN)
U65929TN2019PTC131772
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
15.6% SECURED UNRATED UNLIST...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
2.5
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
30-04-2024
Redemption Date
31-10-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal
Asset Percentage
110%
Details of Asset Cover
First and Exclusive charge by way of Hypothecation on Company Book Debts to the extent of 1.10x of the principal Oustanding amounts provided that the Hypothecated book debts during the tenure of Debentures shall not be more than 15 days of DPD.
Asset Type
Details of the security
Movable Asset
First and Exclusive charge by way of Hypothecation on Company Book Debts to the extent of 1.10x of the principal Oustanding amounts provided that the Hypothecated book debts during the tenure of Debentures shall not be more than 15 days of DPD.
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About Shrinithi Capital Private Limited bond with ISIN: INE0TVC07027
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 INE0TVC07027, represents a significant financial instrument. Issued by SHRINITHI CAPITAL PRIVATE LIMITED, it comes with the following description: "15.6% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DDBEENTURE TRACNHE A DATE OF MATURITY 31/10/2025". 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, SHRINITHI CAPITAL 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) U65929TN2019PTC131772 further bolster its credibility. With a coupon rate of 15.6, 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 100000 with an issue size of 2.5. It was allotted on 4/30/2024 and is scheduled for redemption on 10/31/2025. 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: First and Exclusive charge by way of Hypothecation on Company Book Debts to the extent of 1.10x of the principal Oustanding amounts provided that the Hypothecated book debts during the tenure of Debentures shall not be more than 15 days of DPD. – 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 INE0TVC07035 having a coupon rate of N/A and the bond with ISIN INE0TVC07019 having a coupon rate of 15.9%. 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.