Srivatsa Encivil Private Limited
INACTIVE
ISIN: INE0K8T07024
Issuer Details
Issuer Name
SRIVATSA ENCIVIL PRIVATE LIM...
Type of Issuer
Non PSU
Sector
Construction
Coupon Rate
12%
Industry
Construction
Issuer nature
Bank
Corporate Identity Number (CIN)
U45209PN2021PTC204476
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
12% SECURED RATED LISTED RED...
Face Value (in ₹)
750000
Total Issue size( in ₹ Cr.)
130
Category of Instrument
Plain Vanilla Debentures
Allotment Date
14-06-2022
Redemption Date
31-12-2024
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
ALL THAT PIECE AND PARCEL OF FREEHOLD LANDS BEARING (I) FINAL PLOT NO.394 (TPS III, PUNE, FINAL) ADMEASURING 10368.34 SQ. MTS. OUT OF TOTAL AREA ADMEASURING 11,564.97 SQUARE METERS CORRESPONDING TO CTS NO. 37/1 ADMEASURING 6,249.49 SQUARE METERS AND CTS NO. 38...CONTACT ISSUER FOR FURTHER DETAILS
Asset Type
Details of the security
Book Debts / Receivables
First charge over the Receivables and the Escrow Accounts, collection accounts and all other accounts, by whatsoever named called, in which the monies arising out of the Project and Mortgaged Properties are deposited
Movable Asset - Machineries & Plant
The whole of the movable properties of the Mortgagors relating to the Project and Land, respectively, including without limitation its movable machinery, equipment, machinery spares, book debts,
Immovable Assets - Properties
All that piece and parcel of freehold lands bearing
Book Debts / Receivables
First charge over the Receivables and the Escrow Accounts, collection accounts and all other accounts, by whatsoever named called, in which the monies arising out of the Project and Mortgaged Properties are deposited
Movable Asset - Machineries & Plant
The whole of the movable properties of the Mortgagors relating to the Project and Land, respectively, including without limitation its movable machinery, equipment, machinery spares, book debts,
Immovable Assets - Properties
All that piece and parcel of freehold lands bearing
Immovable Assets - Properties
All that piece and parcel of freehold lands bearing
Movable Asset - Machineries & Plant
The whole of the movable properties of the Mortgagors relating to the Project and Land, respectively, including without limitation its movable machinery, equipment, machinery spares, book debts,
Book Debts / Receivables
First charge over the Receivables and the Escrow Accounts, collection accounts and all other accounts, by whatsoever named called, in which the monies arising out of the Project and Mortgaged Properties are deposited
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About Srivatsa Encivil Private Limited bond with ISIN: INE0K8T07024
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 INE0K8T07024, represents a significant financial instrument. Issued by SRIVATSA ENCIVIL PRIVATE LIMITED, it comes with the following description: "12% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I & II. DATE OF MATURITY 31/12/2024". 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, SRIVATSA ENCIVIL 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) U45209PN2021PTC204476 further bolster its credibility. With a coupon rate of 12%, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai 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 750000 with an issue size of 130. It was allotted on 6/14/2022 and is scheduled for redemption on 12/31/2024. 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 D as provided by Infomerics Valuation and Rating Pvt. Ltd. In the market, ratings typically range from D to AAA, and a rating of D 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: ALL THAT PIECE AND PARCEL OF FREEHOLD LANDS BEARING (I) FINAL PLOT NO.394 (TPS III, PUNE, FINAL) ADMEASURING 10368.34 SQ. MTS. OUT OF TOTAL AREA ADMEASURING 11,564.97 SQUARE METERS CORRESPONDING TO CTS NO. 37/1 ADMEASURING 6,249.49 SQUARE METERS AND CTS NO. 38...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. The bond is supported by a variety of documents including Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, Infomerics Valuation and Rating Pvt. Ltd_16-07-2024, Infomerics Valuation and Rating Pvt. Ltd_17-03-2023. 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 INE0K8T07032 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.