Talwalkars Healthclubs Limited

About Talwalkars Healthclubs Limited bond with ISIN: INE627Z07024

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 INE627Z07024, represents a significant financial instrument. Issued by TALWALKARS HEALTHCLUBS LIMITED, it comes with the following description: "9.5% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTRUES. LETTER OF ALLOTMENT. DATE OF MATURITY 17/07/2025". 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, TALWALKARS HEALTHCLUBS 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) U93090MH2016PLC280127 further bolster its credibility. With a coupon rate of 9.50%, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Axis Trustee Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 25. It was allotted on 7/20/2018 and is scheduled for redemption on 7/17/2025. Categorized under "-" 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 D as provided by CARE RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of D 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: FIRST PARI PASU CHARGE ON THE ENTIRE MOVABLES AND CURRENT ASSETS OF THE COMPANY INCLUDING GYMNASIUM EQUIPMENTS, FURNITURE AND FIXTURES AND ANY OTHER EQUIPMENT INSTALLED IN THE GYMNASIUM – 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, CARE RATINGS LIMITED_23-05-2024, BRICKWORK RATINGS INDIA PRIVATE LIMITED_18-10-2024, BRICKWORK RATINGS INDIA PRIVATE LIMITED_20-10-2023, BRICKWORK RATINGS INDIA PRIVATE LIMITED_20-10-2023, BRICKWORK RATINGS INDIA PRIVATE LIMITED_09-10-2019, BRICKWORK RATINGS INDIA PRIVATE LIMITED_02-08-2019, BRICKWORK RATINGS INDIA PRIVATE LIMITED_02-07-2019, BRICKWORK RATINGS INDIA PRIVATE LIMITED_18-09-2018, CARE RATINGS LIMITED_06-06-2023, CARE RATINGS LIMITED_08-06-2022. 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 INE627Z07032 having a coupon rate of 9.5% and the bond with ISIN INE627Z07040 having a coupon rate of 9.5% and the bond with ISIN INE627Z07065 having a coupon rate of 10.5% and the bond with ISIN INE627Z07057 having a coupon rate of 9.5%. 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.