Tapstart Capital Private Limited
ACTIVE
ISIN: INE0SJN07096
Issuer Details
Issuer Name
TAPSTART CAPITAL PRIVATE LIM...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
15%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65929KA2018FTC118088
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
Orbis Trustee Services Priva...
Instrument Details
Instrument name as on NSDL
15% SECURED UNRATED UNLISTED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
8.66
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
30-06-2025
Redemption Date
29-06-2028
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
110%
Details of Asset Cover
first ranking pari passu charge by way of hypothecation over the First Loss Default Guarantee cover maintained in respect of the Identified Loans and the Eligible Loans, and
Asset Type
Details of the security
Others, Please Specify
first ranking pari passu charge by way of hypothecation over the Issue Proceeds Account to which the Subscription Amount in respect of the Debentures are/shall be received by the Company from the Debenture Holders, and all monies standing to the credit of such Issue Proceeds Account
Others, Please Specify
first ranking pari passu charge by way of hypothecation over the standard portfolio of receivables of the Company in relation to the Identified Loans and Eligible Loans advanced by the Company as permitted by the RBI, present and future, such that the Security Cover is maintained at all times in accordance with the Deed of Hypothecation, provided that such loans shall not, at any time, (i) constitute NPAs, (ii) be terminated or prepaid, or (iii) violate any Know Your Customer norms as per RBI
Others, Please Specify
the Corporate Guarantee provided by the Guarantors
Book Debts / Receivables
first ranking pari passu charge by way of hypothecation over the First Loss Default Guarantee cover maintained in respect of the Identified Loans and the Eligible Loans, and
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About Tapstart Capital Private Limited bond with ISIN: INE0SJN07096
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 INE0SJN07096, represents a significant financial instrument. Issued by TAPSTART CAPITAL PRIVATE LIMITED, it comes with the following description: "15% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 29/06/2028". 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, TAPSTART CAPITAL 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) U65929KA2018FTC118088 further bolster its credibility. With a coupon rate of 15, this instrument has been meticulously managed with the assistance of N/A and under the oversight of Orbis Trustee Services Private Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 8.66. It was allotted on 6/30/2025 and is scheduled for redemption on 6/29/2028. 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 charge by way of hypothecation over the First Loss Default Guarantee cover maintained in respect of the Identified Loans and the Eligible Loans, and – 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 INE0SJN07013 having a coupon rate of 15% and the bond with ISIN INE0SJN07047 having a coupon rate of 15% and the bond with ISIN INE0SJN07021 having a coupon rate of 15% and the bond with ISIN INE0SJN07039 having a coupon rate of 15%. 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.