Spenta Sun City Private Limited
INACTIVE
ISIN: INE758V07067
Issuer Details
Issuer Name
SPENTA SUN CITY PRIVATE LIMI...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
12%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U45209MH2013PTC239924
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
12% SECURED UNLISTED REDEEMA...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
240
Category of Instrument
-
Allotment Date
23-06-2017
Redemption Date
30-06-2022
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
FIRST AND EXCLUSIVE CHARGE BY WAY OF REGISTERED MORTAGE ON 100% DEVELOPMENT RIGHTS OF PSENTA SUN CITY P LTD AS PER JDA ON LAND ADMEASURING 21722 sq mtr FROM THE PROPOSED RESIDENTIAL PROJECTS UNDER SRA, DEVELOPED ON LAND SITUATED AT SHANKARWADI PROJECT OFF WESTERN EXPRESS HIGHWAY, JOGESHWARI (EAST)...CONTACT ISSUER FOR FURTHER DETAILS
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About Spenta Sun City Private Limited bond with ISIN: INE758V07067
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 INE758V07067, represents a significant financial instrument. Issued by SPENTA SUN CITY PRIVATE LIMITED, it comes with the following description: "12% SECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES B TRANCHE 1. DATE OF MATURITY 30/06/2022". 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, SPENTA SUN CITY 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) U45209MH2013PTC239924 further bolster its credibility. With a coupon rate of 12%, this instrument has been meticulously managed with the assistance of N/A and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 240. It was allotted on 6/23/2017 and is scheduled for redemption on 6/30/2022. 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: FIRST AND EXCLUSIVE CHARGE BY WAY OF REGISTERED MORTAGE ON 100% DEVELOPMENT RIGHTS OF PSENTA SUN CITY P LTD AS PER JDA ON LAND ADMEASURING 21722 sq mtr FROM THE PROPOSED RESIDENTIAL PROJECTS UNDER SRA, DEVELOPED ON LAND SITUATED AT SHANKARWADI PROJECT OFF WESTERN EXPRESS HIGHWAY, JOGESHWARI (EAST)...CONTACT ISSUER FOR FURTHER DETAILS – 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 INE758V07026 having a coupon rate of 16% and the bond with ISIN INE758V07018 having a coupon rate of 16% and the bond with ISIN INE758V07042 having a coupon rate of 16% and the bond with ISIN INE758V07075 having a coupon rate of 12%. 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.