Shriram Value Services Limited
ACTIVE
ISIN: INE903Q08018
Issuer Details
Issuer Name
SHRIRAM VALUE SERVICES LIMIT...
Type of Issuer
Non PSU
Sector
Information Technology
Coupon Rate
10.65%
Industry
IT - Services
Issuer nature
Other
Corporate Identity Number (CIN)
U63090TN1995PTC033513
Name of the Lead Manager
-
Registrar
Integrated Enterprises (Indi...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
10.65% UNSECURED UNRATED UNL...
Face Value (in ₹)
972500
Total Issue size( in ₹ Cr.)
2800
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
18-03-2024
Redemption Date
31-03-2028
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
23%
Details of Asset Cover
-
Asset Type
Details of the security
Book Debts / Receivables
License Fee
Movable Asset
the receivables of loans and advances and the current assets of the Issuer, both present and future, the Accounts (Issuer), the DSRA, any other accounts of the Issuer and any monies lying therein and any other reserves, both present and future, the receivables of loans and advances and the current assets of the Guarantor, both present and future, the Accounts (Guarantor), any other accounts of the Guarantor and any monies lying therein and any other reserves, both present and future
Intangible Assets
Brand, first ranking exclusive equitable assignment by way of security by the Issuer in favour of the Debenture Trustee (in the form and manner acceptable to the Debenture Trustee) over all the right, title, interest, benefits, claims and demands whatsoever of the Issuer in the License Fee Agreement
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About Shriram Value Services Limited bond with ISIN: INE903Q08018
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 INE903Q08018, represents a significant financial instrument. Issued by SHRIRAM VALUE SERVICES LIMITED, it comes with the following description: "10.65% UNSECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES 1 AND 2 DATE OF MATURITY 31/03/2028.". 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, SHRIRAM VALUE SERVICES 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) U63090TN1995PTC033513 further bolster its credibility. With a coupon rate of 10.65, this instrument has been meticulously managed with the assistance of Integrated Enterprises (India) Ltd., Chennai 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 972500 with an issue size of 2800. It was allotted on 3/18/2024 and is scheduled for redemption on 3/31/2028. Categorized under "PLAIN VANILLA DEBENTURES" and defined as Unsecured, 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: No specific asset cover description available. – 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.