Suraj Estate Developers Limited
INACTIVE
ISIN: INE843S07055
Issuer Details
Issuer Name
SURAJ ESTATE DEVELOPERS LIMI...
Type of Issuer
Non PSU
Sector
Construction
Coupon Rate
-
Industry
Construction
Issuer nature
Other
Corporate Identity Number (CIN)
U99999MH1986PLC040873
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
IDBITRUSTEESHIPSERVICESLTD.
Instrument Details
Instrument name as on NSDL
RESET RATE SECURED UNRATED U...
Face Value (in ₹)
10
Total Issue size( in ₹ Cr.)
30
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
06-08-2022
Redemption Date
15-12-2024
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
150%
Details of Asset Cover
As per MCF
Asset Type
Details of the security
Immovable Assets
As per MCF
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About Suraj Estate Developers Limited bond with ISIN: INE843S07055
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 INE843S07055, represents a significant financial instrument. Issued by SURAJ ESTATE DEVELOPERS LIMITED, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 15/12/2024". Although the bond is currently marked as inactive, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, SURAJ ESTATE DEVELOPERS 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) U99999MH1986PLC040873 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 IDBITRUSTEESHIPSERVICESLTD., ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 10 with an issue size of 30. It was allotted on 8/6/2022 and is scheduled for redemption on 12/15/2024. 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: As per MCF – 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 INE843S07063 having a coupon rate of 17% and the bond with ISIN INE843S07048 having a coupon rate of 17.25%. 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.