Surat Hazira Nh 6 Tollway Private Limited
ACTIVE
ISIN: INE221L07026
Issuer Details
Issuer Name
SURAT HAZIRA NH-6 TOLLWAY PR...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
12%
Industry
-
Issuer nature
-
Corporate Identity Number (CIN)
U45206HR2009PTC039059
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
12% SECURED UNRATED UNLISTED...
Face Value (in ₹)
10
Total Issue size( in ₹ Cr.)
145
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
15-03-2023
Redemption Date
15-03-2033
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Subordinate Tier 1
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
The OCDs shall be secured by way of a second charge of hypothecation of all the Borrower movable properties including but not limited to all non current assets, movable machinery, machinery spares, equipment, tools and accessories, vehicles and all other movable assets, both present and future (save and except the Projects Assets, as defined in the Concession Agreement, cash flows and the Project Documents)
Asset Type
Details of the security
Movable Asset
The OCDs shall be secured by way of a second charge of hypothecation of all the Borrower movable properties including but not limited to all non current assets, movable machinery, machinery spares, equipment, tools and accessories, vehicles and all other movable assets, both present and future (save and except the Projects Assets, as defined in the Concession Agreement, cash flows and the Project Documents)
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About Surat Hazira Nh 6 Tollway Private Limited bond with ISIN: INE221L07026
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 INE221L07026, represents a significant financial instrument. Issued by SURAT HAZIRA NH-6 TOLLWAY PRIVATE LIMITED, it comes with the following description: "12% SECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURE. DATE OF MATURITY 15/03/2033.". 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, SURAT HAZIRA NH-6 TOLLWAY 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) U45206HR2009PTC039059 further bolster its credibility. With a coupon rate of 12, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 10 with an issue size of 145. It was allotted on 3/15/2023 and is scheduled for redemption on 3/15/2033. 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: The OCDs shall be secured by way of a second charge of hypothecation of all the Borrower movable properties including but not limited to all non current assets, movable machinery, machinery spares, equipment, tools and accessories, vehicles and all other movable assets, both present and future (save and except the Projects Assets, as defined in the Concession Agreement, cash flows and the Project Documents) – 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 INE221L07034 having a coupon rate of 12%. 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.