Tata Capital Limited

About Tata Capital Limited bond with ISIN: INE857Q07380

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 INE857Q07380, represents a significant financial instrument. Issued by TATA CAPITAL LIMITED, it comes with the following description: "G-SEC LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES B DATE OF MATURITY 30/05/2025.". 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, TATA CAPITAL 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) U65990MH1991PLC060670 further bolster its credibility. With a coupon rate of 7.26% GS 2032 ISIN IN002022, this instrument has been meticulously managed with the assistance of TSR Darashaw Private Limited and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 211. It was allotted on 11/30/2022 and is scheduled for redemption on 5/30/2025. Categorized under "STRUCTURED/MARKET LINKED DEBENTURES (MLDS)" 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 AAA as provided by CRISIL RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of AAA 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 ranking pari passu charge on the Companys Immoveable Property and Moveable Property being specified receivables arising out of loan lease and hire purchase transactions For further details please refer to clause 36 Security Further borrowings under chapter VIII Offering Information of this SHELF PLACEMENT MEMORANDUM up to 1 times of the issue size – 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, CRISIL RATINGS LIMITED_07-02-2023. 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 INE976I08417 having a coupon rate of 8.22% and the bond with ISIN INE306N07MO9 having a coupon rate of 7.55% and the bond with ISIN INE306N08268 having a coupon rate of 8.61% and the bond with ISIN INE306N07NT6 having a coupon rate of 8.07%. 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.