Strongbiz Propbuild Private Limited
ACTIVE
ISIN: INE062V07015
Issuer Details
Issuer Name
STRONGBIZ PROPBUILD PRIVATE ...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
-
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U70102UP2016PTC077239
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
RESET RATE SECURED UNRATED U...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
91
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
26-10-2023
Redemption Date
26-07-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
225%
Details of Asset Cover
Hypothecation of Cashflows of the Project
Asset Type
Details of the security
Immovable Assets
Exclusive first charge by way of registered mortgage (without possession) on the undivided share of the land, constructed area, unsold units and future receivables from the sold and unsold units of the projects. Hypotecation of cash flows from the projects. and other as per distinctive documents
Movable Asset
Hypothecation of Cashflows of the Project
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
About Strongbiz Propbuild Private Limited bond with ISIN: INE062V07015
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 INE062V07015, represents a significant financial instrument. Issued by STRONGBIZ PROPBUILD PRIVATE LIMITED, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. SERIES A DATE OF MATURITY 26/07/2027.". 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, STRONGBIZ PROPBUILD 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) U70102UP2016PTC077239 further bolster its credibility. With a coupon rate of N/A, 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 1000000 with an issue size of 91. It was allotted on 10/26/2023 and is scheduled for redemption on 7/26/2027. 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: Hypothecation of Cashflows of the Project – 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 INE062V07023 having a coupon rate of N/A. 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.