T.s.rajam Rubbers Private Limited
ACTIVE
ISIN: INE05XN07028
Issuer Details
Issuer Name
T.S.RAJAM RUBBERS PRIVATE LI...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
13.9%
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
13.9% SECURED UNRATED UNLIST...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
200
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
30-11-2022
Redemption Date
29-11-2025
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 ranking pari passu pledge over 100% fully paid up and voting equity shares of the issuer, on a fully diluted basis held by TVS Mobility P Ltd and Mr.R.Dinesh / A First and exclusive ranking pledge over Series B Pre IPO pledged securities 16291027 fully paid up and voting equity shares of TVS SCS constituting 4.33% of TVS SCS
Asset Type
Details of the security
Movable Asset
First ranking pari passu pledge over 100% fully paid up and voting equity shares of the issuer, on a fully diluted basis held by TVS Mobility P Ltd and Mr.R.Dinesh / A First and exclusive ranking pledge over Series B Pre IPO pledged securities 16291027 fully paid up and voting equity shares of TVS SCS constituting 4.33% of TVS SCS
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About T.s.rajam Rubbers Private Limited bond with ISIN: INE05XN07028
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 INE05XN07028, represents a significant financial instrument. Issued by T.S.RAJAM RUBBERS PRIVATE LIMITED, it comes with the following description: "13.9% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES B DATE OF MATURITY 29/11/2025". 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 13.9, 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 200. It was allotted on 11/30/2022 and is scheduled for redemption on 11/29/2025. 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. 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 ranking pari passu pledge over 100% fully paid up and voting equity shares of the issuer, on a fully diluted basis held by TVS Mobility P Ltd and Mr.R.Dinesh / A First and exclusive ranking pledge over Series B Pre IPO pledged securities 16291027 fully paid up and voting equity shares of TVS SCS constituting 4.33% of TVS SCS – 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 INE05XN07044 having a coupon rate of 14.15% and the bond with ISIN INE05XN07036 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.