Suvita Real Estates Private Limited
INACTIVE
ISIN: INE0E1F07026
Issuer Details
Issuer Name
SUVITA REAL ESTATES PRIVATE ...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
17.25%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U45309MH2019PTC332035
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Beacon Trusteeship Ltd
Instrument Details
Instrument name as on NSDL
17.25% SECURED RATED LISTED ...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
105
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
12-02-2024
Redemption Date
07-05-2025
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
Hypothecation of 100% receivables, Development Rights, FSI of the Collateral Security, and any other rights and benefits arising from the Immovable Assets identified above
Asset Type
Details of the security
Movable Asset
one hundred percent pledge over the shares of Issuer
Immovable Assets
Registered Mortgage on Collateral Security admeasuring 10.04 acres whereas FSI will be available of 12.16 acres owned by Honcho Properties Pvt Ltd at Village Manjri Budruk, Taluka Haveli, District Pune
Movable Asset
Hypothecation of 100% receivables, Development Rights, FSI of the Collateral Security, and any other rights and benefits arising from the Immovable Assets identified above
Movable Asset
Demand Promissory Note
Movable Asset
Corporate Guarantee of Co obligors Guarantors i e Honcho Properties Private Limited and Shapoorji Pallonji Real Estate Private Limited
Movable Asset
Any other security or guarantee as may be required
Movable Asset
Hypothecation of all recoverable/ receivables/ advances in the Issuer Entity totalling to not less INR 105 Crs in favour of the Debenture Trustee/ Facility Agent
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About Suvita Real Estates Private Limited bond with ISIN: INE0E1F07026
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 INE0E1F07026, represents a significant financial instrument. Issued by SUVITA REAL ESTATES PRIVATE LIMITED, it comes with the following description: "17.25% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE DATE OF MATURITY 07/05/2025.". 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, SUVITA REAL ESTATES 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) U45309MH2019PTC332035 further bolster its credibility. With a coupon rate of 17.25, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Beacon Trusteeship Ltd, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 105. It was allotted on 2/12/2024 and is scheduled for redemption on 5/7/2025. 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. The bond carries a credit rating of C as provided by Acuite Ratings And Research Limited. In the market, ratings typically range from D to AAA, and a rating of C is generally considered to be on the riskier end of the spectrum. 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: Hypothecation of 100% receivables, Development Rights, FSI of the Collateral Security, and any other rights and benefits arising from the Immovable Assets identified above – 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. The bond is supported by a variety of documents including Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, Acuite Ratings And Research Limited_21-02-2024, Acuite Ratings And Research Limited_-. 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.