Sun Mobility Private Limited
ACTIVE
ISIN: INE0OMG07069
Issuer Details
Issuer Name
SUN MOBILITY PRIVATE LIMITED
Type of Issuer
Non PSU
Sector
Automobile and Auto Componen...
Coupon Rate
13%
Industry
Auto Components
Issuer nature
Other
Corporate Identity Number (CIN)
U35100KA2016PTC124376
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
13% SECURED UNRATED UNLISTED...
Face Value (in ₹)
200000
Total Issue size( in ₹ Cr.)
20
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
03-10-2023
Redemption Date
30-09-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
1.33%
Details of Asset Cover
First ranking and exclusive charge by way of hypothecation on identified vehicles, batteries and stations
Asset Type
Details of the security
Current Assets
First Pari Passu charge over the operating cash flows along with other lenders
Movable Asset
First ranking and exclusive charge by way of hypothecation on identified vehicles, batteries and stations
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About Sun Mobility Private Limited bond with ISIN: INE0OMG07069
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 INE0OMG07069, represents a significant financial instrument. Issued by SUN MOBILITY PRIVATE LIMITED, it comes with the following description: "13% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT SERIES G DATE OF MATURITY 30/09/2025.". 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, SUN MOBILITY 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) U35100KA2016PTC124376 further bolster its credibility. With a coupon rate of 13, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED 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 200000 with an issue size of 20. It was allotted on 10/3/2023 and is scheduled for redemption on 9/30/2025. 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 ranking and exclusive charge by way of hypothecation on identified vehicles, batteries and stations – 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 INE0OMG07036 having a coupon rate of 16.2% and the bond with ISIN INE0OMG07028 having a coupon rate of 16% and the bond with ISIN INE0OMG07051 having a coupon rate of 16.2% and the bond with ISIN INE0OMG07010 having a coupon rate of 14.25%. 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.