Sowparnika Projects And Infrastructure Private Limited
ACTIVE
ISIN: INE021Y07056
Issuer Details
Issuer Name
SOWPARNIKA PROJECTS AND INFR...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
14.75%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U45201KA2007PTC043166
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
14.75% SECURED UNRATED UNLIS...
Face Value (in ₹)
605646
Total Issue size( in ₹ Cr.)
20
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
01-02-2023
Redemption Date
24-11-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
160%
Details of Asset Cover
Exclusive Charge by way of mortgage on land and building of Projects including mortgage of all rights, title, benefits, claims & demands of under the Project documents.
Asset Type
Details of the security
Movable Asset
Exclusive charge, by way of hypothecation upon all movable fixed assets & current assets (present & future) including the receivables (including sale proceeds, advances, parking charges, all proceeds received by Issuer, any other receipts, etc.) of the Projects from sold & unsold units from the total Saleable area of 448,200 sq.ft.
Immovable Assets
Exclusive Charge by way of mortgage on land and building of Projects including mortgage of all rights, title, benefits, claims & demands of under the Project documents.
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About Sowparnika Projects And Infrastructure Private Limited bond with ISIN: INE021Y07056
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 INE021Y07056, represents a significant financial instrument. Issued by SOWPARNIKA PROJECTS AND INFRASTRUCTURE PRIVATE LIMITED, it comes with the following description: "14.75% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES B DATE OF MATURITY 24/11/2025.". 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, SOWPARNIKA PROJECTS AND INFRASTRUCTURE 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) U45201KA2007PTC043166 further bolster its credibility. With a coupon rate of 14.75, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED 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 605646 with an issue size of 20. It was allotted on 2/1/2023 and is scheduled for redemption on 11/24/2025. 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: Exclusive Charge by way of mortgage on land and building of Projects including mortgage of all rights, title, benefits, claims & demands of under the Project documents. – 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 INE021Y07080 having a coupon rate of 14.75% and the bond with ISIN INE021Y07072 having a coupon rate of 14.75% and the bond with ISIN INE021Y07049 having a coupon rate of 15% and the bond with ISIN INE021Y07098 having a coupon rate of 14.75%. 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.