Stans Buildtech Homes Private Limited
ACTIVE
ISIN: INE0SX307011
Issuer Details
Issuer Name
STANS BUILDTECH HOMES PRIVAT...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
-
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U43299MH2023PTC416231
Name of the Lead Manager
-
Registrar
Bigshare Services Pvt. Limit...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
SECURED UNRATED UNLISTED RED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
70
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
01-03-2024
Redemption Date
01-09-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
Undertaking from promoters of the company to route all sales proceeds and other cash flows from RERA account and to the Escrow Account (charged in favour of the SWAMIH Fund)
Asset Type
Details of the security
Immovable Assets
First charge by way of hypothecation over the receivables and all rights of issuer and JDA Partner over sold units in the project
Others, Please Specify
Hundred Percent Share Pledge of the issuer
Immovable Assets
First ranking charge by way of hypothecation of all the current and non current assets, pertaining to Project Land
Immovable Assets
First Ranking Mortgage Over a) Development rights of the entire Project Land along with all present and future FSI rights arising thereon including area coming to the share of JDA Partner and developer b) All structure and construction of the project land excluding units sold and proportionate share in common area of units sold and area going to rehab tenants
Others, Please Specify
Promissory Notes, as applicable
Others, Please Specify
Corporate Guarantee of JDA Partner to the extent of security provided in the project (to be detailed in the definitive documents)
Others, Please Specify
Registration of charges with ROC/Central Registry
Others, Please Specify
Personal Guarantee of all Promoters
Movable Asset
First charge on all assets pertaining to the Project including receivables, bank accounts, documents, authorizations pertaining to the Project insurance policies etc.
Others, Please Specify
Undertaking from promoters of the company to route all sales proceeds and other cash flows from RERA account and to the Escrow Account (charged in favour of the SWAMIH Fund)
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About Stans Buildtech Homes Private Limited bond with ISIN: INE0SX307011
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 INE0SX307011, represents a significant financial instrument. Issued by STANS BUILDTECH HOMES PRIVATE LIMITED, it comes with the following description: "SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE DATE OF MATURITY 01/09/2027.". 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, STANS BUILDTECH HOMES 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) U43299MH2023PTC416231 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of Bigshare Services Pvt. Limited and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 70. It was allotted on 3/1/2024 and is scheduled for redemption on 9/1/2027. 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: Undertaking from promoters of the company to route all sales proceeds and other cash flows from RERA account and to the Escrow Account (charged in favour of the SWAMIH Fund) – 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 INE005X08018 having a coupon rate of 9% and the bond with ISIN INE002Z08077 having a coupon rate of N/A and the bond with ISIN INE0NO807016 having a coupon rate of 16% and the bond with ISIN INE003S07247 having a coupon rate of 9.3%. 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.