Live

BluSmart Updates Here

Bond Screener

Evaluate bond-issuing companies

Calculator

Calculate bond yield and price

Talk to expert

Learn how to diversify your portfolio

Bonds Directory

Bonds info you need in one place

FAQ's

Frequently Asked Questions on Tap

1Min News

Headlines in 60 seconds

Finance wiki

Your financial glossary

Blogs

Insights on trending topics

Youtube

Top videos about the Indian bond market

  1. Home
  2. Sowparnika Projects ...

Sowparnika Projects And Infrastructure Private Limited

ACTIVE

ISIN: INE021Y07064

Issuer Details

Instrument Details

Security Measures

Cash Flow Schedule

Issuer Details


Issuer Name

SOWPARNIKA PROJECTS AND INFR...

Type of Issuer

Non PSU

Sector

Realty

Coupon Rate

16.65%

Industry

Realty

Issuer nature

Other

Corporate Identity Number (CIN)

U45201KA2007PTC043166

Name of the Lead Manager

-

Registrar

KFIN TECHNOLOGIES PRIVATE LI...

Name of Debenture Trustee

Vistra ITCL (India) Limited

Instrument Details


Instrument name as on NSDL

16.65% SECURED UNRATED UNLIS...

Face Value (in ₹)

608335

Total Issue size( in ₹ Cr.)

20

Category of Instrument

PLAIN VANILLA DEBENTURES

Allotment Date

01-03-2023

Redemption Date

31-08-2025

Whether Secured or Unsecured

Secured

Put Option Date

-

Call Option Date

-

Seniority in Repayment

Senior

Security Measures


Asset Coverage

Principal

Asset Percentage

200%

Details of Asset Cover

First and Exclusive change on underlying land/development rights and inventory in the Project Spandan.

Sr No.

Asset Type

Details of the security

1

Immovable Assets

First and Exclusive change on underlying land/development rights and inventory in the Project Spandan.

2

Book Debts / Receivables

Hypothecation and 100% escrow of cashflows from the Project Spandan

Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.

Similar Bonds

SOWPARNIKA PROJECTS AND INFRASTRUCTURE PRIVATE LIMITED

ISIN: INE021Y07080

Coupon Rate

14.75%

Face Value (in ₹)

810883


SOWPARNIKA PROJECTS AND INFRASTRUCTURE PRIVATE LIMITED

ISIN: INE021Y07072

Coupon Rate

14.75%

Face Value (in ₹)

754966


SOWPARNIKA PROJECTS AND INFRASTRUCTURE PRIVATE LIMITED

ISIN: INE021Y07049

Coupon Rate

15%

Face Value (in ₹)

529940


SOWPARNIKA PROJECTS AND INFRASTRUCTURE PRIVATE LIMITED

ISIN: INE021Y07098

Coupon Rate

14.75%

Face Value (in ₹)

1000000


About Sowparnika Projects And Infrastructure Private Limited bond with ISIN: INE021Y07064

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 INE021Y07064, represents a significant financial instrument. Issued by SOWPARNIKA PROJECTS AND INFRASTRUCTURE PRIVATE LIMITED, it comes with the following description: "16.65% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 31/08/2025.". 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 16.65, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 608335 with an issue size of 20. It was allotted on 3/1/2023 and is scheduled for redemption on 8/31/2025. 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 change on underlying land/development rights and inventory in the Project Spandan. – 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.

Disclaimer: The facts and information on this page are for information and awareness purposes only. No information provided here is intended towards any specific user and should not be construed as investment advice or a recommendation of any kind whatsoever. You are requested to consult with your professional investment advisor or tax advisor for specific directions on any investments in any securities including the bonds mentioned on this page before making any investment decision. Tap Bonds shall not be liable for any losses incurred by you based on an investment decision utilising the information.
footer

Contact Us

Tap Bonds
Sector 2, HSR Layout
Bengaluru - 560102

Resources

Privacy Policy

Terms & Conditions

All blogs

All bond issuers

Get in touch


Tap Broking Private Limited. All rights reserved.

All information is sourced from public datasets.