Sis Limited
ACTIVE
ISIN: INE285J07058
Issuer Details
Issuer Name
SIS LIMITED
Type of Issuer
Non PSU
Sector
Consumer Services
Coupon Rate
-
Industry
Other Consumer Services
Issuer nature
Other
Corporate Identity Number (CIN)
L75230BR1985PLC002083
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Axis Trustee Services Limite...
Instrument Details
Instrument name as on NSDL
8.50% SECURED RATED LISTED R...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
250
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
19-03-2025
Redemption Date
19-03-2028
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
200%
Details of Asset Cover
The Debentures shall be secured by way of pledge of such number of shares of the Companys shareholding in Dusters Total Solutions Services Pvt. Ltd. ("Dusters") in favor of the Debenture Trustee
Asset Type
Details of the security
Others, Please Specify
The Debentures shall be secured by way of pledge of such number of shares of the Companys shareholding in Dusters Total Solutions Services Pvt. Ltd. ("Dusters") in favor of the Debenture Trustee
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About Sis Limited bond with ISIN: INE285J07058
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 INE285J07058, represents a significant financial instrument. Issued by SIS LIMITED, it comes with the following description: "8.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 19/03/2028". 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, SIS 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) L75230BR1985PLC002083 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai 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 250. It was allotted on 3/19/2025 and is scheduled for redemption on 3/19/2028. 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. The bond carries a credit rating of AA- as provided by CRISIL RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of AA- 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: The Debentures shall be secured by way of pledge of such number of shares of the Companys shareholding in Dusters Total Solutions Services Pvt. Ltd. ("Dusters") in favor of the Debenture Trustee – 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 CRISIL RATINGS LIMITED_-. These documents serve as a reference for additional details and provide transparency to interested parties. No similar bonds are listed at this time. 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.