Tata Projects Limited
ACTIVE
ISIN: INE725H08147
Issuer Details
Issuer Name
TATA PROJECTS LIMITED
Type of Issuer
Non PSU
Sector
Construction
Coupon Rate
RBI REPO%
Industry
Construction
Issuer nature
-
Corporate Identity Number (CIN)
U45203TG1979PLC057431
Name of the Lead Manager
-
Registrar
TSR Darashaw Private Limited
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
RESET RATE UNSECURED RATED ...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
250
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
09-08-2023
Redemption Date
07-08-2026
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Cash Flow Schedule
Cash Flow Event
Record Date
Interest
02-02-2024
Interest
02-02-2024
Interest
02-08-2024
Interest
02-08-2024
Interest
31-01-2025
Interest
31-01-2025
Interest
01-08-2025
Interest
01-08-2025
Interest
30-01-2026
Interest
30-01-2026
Interest
31-07-2026
Redemption
31-07-2026
Interest
31-07-2026
Redemption
31-07-2026
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Similar Bonds
TATA PROJECTS LIMITED
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Face Value (in ₹)
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Face Value (in ₹)
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About Tata Projects Limited bond with ISIN: INE725H08147
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 INE725H08147, represents a significant financial instrument. Issued by TATA PROJECTS LIMITED, it comes with the following description: "RESET RATE UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIES L DATE OF MATURITY 07/08/2026". 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 PROJECTS 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) U45203TG1979PLC057431 further bolster its credibility. With a coupon rate of RBI REPO, this instrument has been meticulously managed with the assistance of TSR Darashaw Private Limited 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 100000 with an issue size of 250. It was allotted on 8/9/2023 and is scheduled for redemption on 8/7/2026. Categorized under "PLAIN VANILLA DEBENTURES" and defined as Unsecured, 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 AA as provided by INDIA RATING AND RESEARCH PVT. LTD. In the market, ratings typically range from D to AAA, and a rating of AA 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: No specific asset cover description available. – 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, INDIA RATING AND RESEARCH PVT. LTD_20-09-2024, INDIA RATING AND RESEARCH PVT. LTD_05-06-2024, INDIA RATING AND RESEARCH PVT. LTD_08-12-2023, INDIA RATING AND RESEARCH PVT. LTD_03-10-2023. 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 INE725H08196 having a coupon rate of 8.25% and the bond with ISIN INE725H08188 having a coupon rate of 8.33% and the bond with ISIN INE725H08204 having a coupon rate of 8.35% and the bond with ISIN INE725H08220 having a coupon rate of 8.18. 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.