Superb Land Space Project Private Limited
ACTIVE
ISIN: INE14JI07011
Issuer Details
Issuer Name
SUPERB LAND SPACE PROJECT PR...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
15%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U68100TN2024PTC171197
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
15% SECURED UNRATED UNLISTED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
15
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
12-09-2024
Redemption Date
12-03-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
140%
Details of Asset Cover
Exclusive registered mortgage over the New Project land that provides a cover of 1.40x on the facility.
Asset Type
Details of the security
Others, Please Specify
Demand promissory note and Postdated cheques
Others, Please Specify
Irrevocable and unconditional guarantee from Superb Land Space LLP.
Trust & Retention Account /Escrow Accounts
Hypothecation on receivables by Superb Land Space LLP from the MCB Omega Town project
Tangible Assets
Charge over all Fixed assets associated with the New Project.
Immovable Assets
Exclusive registered mortgage over the New Project land that provides a cover of 1.40x on the facility.
Current Assets
Charge over all current assets associated with the New Project.
Others, Please Specify
Hundred Percentage share pledge in the Issuer to be perfected within agreed timelines
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
DHFL INVESTMENTS LIMITED
ISIN: INE005X08018
Coupon Rate
9%
Face Value (in ₹)
1000000
WELSPUN AUNTA-SIMARIA PROJECT PRIVATE LIMITED
ISIN: INE002Z08077
Face Value (in ₹)
100
MJR BUILDERS PRIVATE LIMITED
ISIN: INE0NO807016
Coupon Rate
16%
Face Value (in ₹)
100000
RENEW POWER PRIVATE LIMITED
ISIN: INE003S07247
Coupon Rate
9.3%
Face Value (in ₹)
100000
About Superb Land Space Project Private Limited bond with ISIN: INE14JI07011
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 INE14JI07011, represents a significant financial instrument. Issued by SUPERB LAND SPACE PROJECT PRIVATE LIMITED, it comes with the following description: "15% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 12/03/2026". 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, SUPERB LAND SPACE PROJECT 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) U68100TN2024PTC171197 further bolster its credibility. With a coupon rate of 15, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 15. It was allotted on 9/12/2024 and is scheduled for redemption on 3/12/2026. 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: Exclusive registered mortgage over the New Project land that provides a cover of 1.40x on the facility. – 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.