Southern Petrochemical Industries Corporation Limited
INACTIVE
ISIN: INE147A07034
Issuer Details
Issuer Name
SOUTHERN PETROCHEMICAL INDUS...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
14.5%
Industry
-
Issuer nature
-
Corporate Identity Number (CIN)
L11101TN1969PLC005778
Name of the Lead Manager
-
Registrar
Cameo Corporate Services Ltd
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
14.50% Secured NCD,Series VI...
Face Value (in ₹)
5000000
Total Issue size( in ₹ Cr.)
16
Category of Instrument
-
Allotment Date
01-08-1998
Redemption Date
01-08-2003
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
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About Southern Petrochemical Industries Corporation Limited bond with ISIN: INE147A07034
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 INE147A07034, represents a significant financial instrument. Issued by SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION LIMITED, it comes with the following description: "14.50% Secured NCD,Series VII Date of final redemption: 01/08/2003". 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, SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION LIMITED, classified as N/A, 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) L11101TN1969PLC005778 further bolster its credibility. With a coupon rate of 14.5%, this instrument has been meticulously managed with the assistance of Cameo Corporate Services Ltd and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 5000000 with an issue size of 16. It was allotted on 8/1/1998 and is scheduled for redemption on 8/1/2003. 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. 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 INE147A07109 having a coupon rate of 10.5%. 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.