Sunup Build Private Limited
ACTIVE
ISIN: INE1FHQ07015
Issuer Details
Issuer Name
SUNUP BUILD PRIVATE LIMITED
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
-
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U68200HR2024PTC120653
Name of the Lead Manager
-
Registrar
Skyline Financial Services P...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
18% SECURED UNRATED UNLISTED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
300
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
15-04-2025
Redemption Date
15-04-2030
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
Sole and exclusive charge by way of hypothecation on the cash flows of the project including residential unsold area of 4,86,075 sq. ft. and commercial area of 10,000 sq ft. being developed on the Project Property Project
Asset Type
Details of the security
Others, Please Specify
Pledge over 100% Shares held in the Borrower and land & License holding entities for project.
Others, Please Specify
Personal Guarantees of promoters
Others, Please Specify
Five Un dated blank cheques from each of the Obligors.
Immovable Assets
Sole and exclusive charge & mortgage over approximately 2.01 acres land parcel in plot number 2A, NH 19, Friends Colony West, Ishwar Nagar, New Delhi Project Property
Others, Please Specify
Three Months Debt service request account (DSRA), Creation of DSRA (Principal Amount) shall happen one quarter before the principal due date (after the first month of collection).
Others, Please Specify
Post dated cheques from the Company and Mr Gautam Kanodia and Mr. Vishal Kanodia Obligors for each of the agreed interest payments and principal repayments.
Others, Please Specify
Demand Promissory note from each of the Obligors for the amounts of the interest and principal repayments
Immovable Assets
Sole and exclusive charge & Mortgage of the property
Others, Please Specify
Non Disposal Undertaking over the NDU Shares
Others, Please Specify
Post Dated Cheques from borrower and promoters obligors for each of the agreed interest and principal repayment
Others, Please Specify
Five Undated blank cheques from each of the obligors
Others, Please Specify
Demand Promissory note from each of the obligors for the amounts of interest and principal repayments
Book Debts / Receivables
Sole and exclusive charge by way of hypothecation on the cash flows of the project including residential unsold area of 4,86,075 sq. ft. and commercial area of 10,000 sq ft. being developed on the Project Property Project
Book Debts / Receivables
Sole and exclusive charge by way of hypothecation on the cash flows of the project including residential unsold area of 4,86,075 sq. ft. and commercial area of 10,000 sq ft. being developed on the Project Property Project
Movable Asset
sole and exclusive charge by way of hypothecation on the cash flows of project.
Movable Asset
Pledge over 100% shares held in the Company.
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About Sunup Build Private Limited bond with ISIN: INE1FHQ07015
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 INE1FHQ07015, represents a significant financial instrument. Issued by SUNUP BUILD PRIVATE LIMITED, it comes with the following description: "18% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE DATE OF MATURITY 15/04/2030". 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, SUNUP BUILD 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) U68200HR2024PTC120653 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of Skyline Financial Services Private Limited and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 300. It was allotted on 4/15/2025 and is scheduled for redemption on 4/15/2030. 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: Sole and exclusive charge by way of hypothecation on the cash flows of the project including residential unsold area of 4,86,075 sq. ft. and commercial area of 10,000 sq ft. being developed on the Project Property 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 INE1FHQ07023 having a coupon rate of 15%. 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.