Tata Power Delhi Distribution Limited

About Tata Power Delhi Distribution Limited bond with ISIN: INE493F07015

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 INE493F07015, represents a significant financial instrument. Issued by TATA POWER DELHI DISTRIBUTION LIMITED, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES LETTER OF ALLOTMENT DATE OF MATURITY 29/12/2032". 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, TATA POWER DELHI DISTRIBUTION LIMITED, classified as N/A, 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) U40109DL2001PLC111526 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of Alankit Assignments Limited and under the oversight of SBICAP Trustee Company Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 100. It was allotted on 6/26/2023 and is scheduled for redemption on 12/29/2032. Categorized under "OTHERS" 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: Ist Pari passu Charge on present and future movable fixed assets and, stores and spares – 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 INE009J08019 having a coupon rate of N/A and the bond with ISIN INE08I608025 having a coupon rate of N/A and the bond with ISIN INE04TJ08033 having a coupon rate of 12% and the bond with ISIN INE00Q408010 having a coupon rate of N/A. 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.