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  1. Home
  2. T.s.rajam Rubbers Pr...

T.s.rajam Rubbers Private Limited

ACTIVE

ISIN: INE05XN07044

Issuer Details

Instrument Details

Security Measures

Cash Flow Schedule

Issuer Details


Issuer Name

T.S.RAJAM RUBBERS PRIVATE LI...

Type of Issuer

Non PSU

Sector

-

Coupon Rate

14.15%

Industry

-

Issuer nature

Other

Corporate Identity Number (CIN)

U25205TN2018PTC121761

Name of the Lead Manager

-

Registrar

Integrated Enterprises (Indi...

Name of Debenture Trustee

Catalyst Trusteeship Limited...

Instrument Details


Instrument name as on NSDL

14.15% SECURED UNRATED UNLIS...

Face Value (in ₹)

1000000

Total Issue size( in ₹ Cr.)

305

Category of Instrument

PLAIN VANILLA DEBENTURES

Allotment Date

14-09-2023

Redemption Date

13-03-2027

Whether Secured or Unsecured

Secured

Put Option Date

-

Call Option Date

-

Seniority in Repayment

Senior

Security Measures


Asset Coverage

-

Asset Percentage

-

Details of Asset Cover

First and exclusive ranking charge by way of pledge initially over 1450000 issued fully paid up and voting equity shares of TVS Automobile Solutions Private Limited initially constituting 1206 Percent of the share capital TVS ASPL held by Rajam Mobility Solutions LLP on such terms, conditions and timelines as stipulated in the pledge agreement to be executed in relation to the same

Sr No.

Asset Type

Details of the security

1

Movable Asset

An undertaking provided by TVS MPL that within 2 business day from March 14 2025 TVS MPL shall pledge such number of unencumbered issued fully paid up and voting equity shares of TVS Supply Chain Solutions Limited on such terms and conditions and stipulated in the undertaking to be executed in relation to the same

2

Movable Asset

Demand Promissory Notes and Letters of Continuity for the Debentures and the applicable interest thereon

3

Movable Asset

An unconditional and irrevocable corporate guarantee provided by TVS Mobility P Ltd

4

Movable Asset

First ranking and exclusive charge by way of pledge to be created over such number of unencumbered, issued, fully paid up and voting equity shares of TVS SCS by TVS MPL or any other person on such terms and conditions as stipulated in the pledge agreement to be executed in relation to the same

5

Movable Asset

First and exclusive ranking charge by way of pledge initially over 1450000 issued fully paid up and voting equity shares of TVS Automobile Solutions Private Limited initially constituting 1206 Percent of the share capital TVS ASPL held by Rajam Mobility Solutions LLP on such terms, conditions and timelines as stipulated in the pledge agreement to be executed in relation to the same

6

Movable Asset

First ranking pari passu charge by way of pledge to be created over all the issued fully paid up and voting equity shares of the Company held by TVS MPL and Mr. Ramachandhran Dinesh which constitute 100% (One Hundred Percent) of total equity share capital (taken on a fully diluted basis) of the Company on such terms and conditions as stipulated in the pledge agreement to be executed in relation to the same

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

T.S.RAJAM RUBBERS PRIVATE LIMITED

ISIN: INE05XN07051

Coupon Rate

13.5%

Face Value (in ₹)

1000000


T.S.RAJAM RUBBERS PRIVATE LIMITED

ISIN: INE05XN07036

Coupon Rate

13.9%

Face Value (in ₹)

1000000


T.S.RAJAM RUBBERS PRIVATE LIMITED

ISIN: INE05XN07028

Coupon Rate

13.9%

Face Value (in ₹)

1000000


About T.s.rajam Rubbers Private Limited bond with ISIN: INE05XN07044

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 INE05XN07044, represents a significant financial instrument. Issued by T.S.RAJAM RUBBERS PRIVATE LIMITED, it comes with the following description: "14.15% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 13/03/2027". 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, T.S.RAJAM RUBBERS 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) U25205TN2018PTC121761 further bolster its credibility. With a coupon rate of 14.15, this instrument has been meticulously managed with the assistance of Integrated Enterprises (India) Ltd., Chennai and under the oversight of Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited), ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 305. It was allotted on 9/14/2023 and is scheduled for redemption on 3/13/2027. 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: First and exclusive ranking charge by way of pledge initially over 1450000 issued fully paid up and voting equity shares of TVS Automobile Solutions Private Limited initially constituting 1206 Percent of the share capital TVS ASPL held by Rajam Mobility Solutions LLP on such terms, conditions and timelines as stipulated in the pledge agreement to be executed in relation to the same – 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 INE05XN07051 having a coupon rate of 13.5% and the bond with ISIN INE05XN07036 having a coupon rate of 13.9% and the bond with ISIN INE05XN07028 having a coupon rate of 13.9%. 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.

Disclaimer: The facts and information on this page are for information and awareness purposes only. No information provided here is intended towards any specific user and should not be construed as investment advice or a recommendation of any kind whatsoever. You are requested to consult with your professional investment advisor or tax advisor for specific directions on any investments in any securities including the bonds mentioned on this page before making any investment decision. Tap Bonds shall not be liable for any losses incurred by you based on an investment decision utilising the information.
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