Tecso Charge Zone Limited
ACTIVE
ISIN: INE0EJA07010
Issuer Details
Issuer Name
TECSO CHARGE ZONE LIMITED
Type of Issuer
Non PSU
Sector
Power
Coupon Rate
-
Industry
Power
Issuer nature
Other
Corporate Identity Number (CIN)
U40108GJ2018PLC103380
Name of the Lead Manager
-
Registrar
Adroit Corporate Services Pv...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
RESET RATE SECURED UNRATED U...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
75
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
18-06-2024
Redemption Date
17-06-2029
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
security (pari passu with certain existing secured lenders of the Company) over all assets (movable and immovable) of the Company, present and future
Asset Type
Details of the security
Others, Please Specify
pledge over all shares forming part of the paidup share capital of any subsidiary incorporated by the Company
Others, Please Specify
any other security interest acceptable to the debenture holders and mutually agreed to be provided
Movable Asset
security (pari passu with certain existing secured lenders of the Company) over all rights, title and interests of the Company under the project documents
Immovable Assets
security (pari passu with certain existing secured lenders of the Company) over all assets (movable and immovable) of the Company, present and future
Others, Please Specify
Pledge (pari passu with Blueorchard) over 1,627,200 equity shares of the Company having face value of Rs. 10
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About Tecso Charge Zone Limited bond with ISIN: INE0EJA07010
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 INE0EJA07010, represents a significant financial instrument. Issued by TECSO CHARGE ZONE LIMITED, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED REDEEMABLE OPTIONALLY CONVERTIBLE DEBENTURES DATE OF MATURITY 17/06/2029.". 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, TECSO CHARGE ZONE 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) U40108GJ2018PLC103380 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of Adroit Corporate Services Pvt. 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 1000000 with an issue size of 75. It was allotted on 6/18/2024 and is scheduled for redemption on 6/17/2029. 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: security (pari passu with certain existing secured lenders of the Company) over all assets (movable and immovable) of the Company, present and future – 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 INE005X08018 having a coupon rate of 9% and the bond with ISIN INE002Z08077 having a coupon rate of N/A and the bond with ISIN INE0NO807016 having a coupon rate of 16% and the bond with ISIN INE003S07247 having a coupon rate of 9.3%. 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.