Thdc India Limited

About Thdc India Limited bond with ISIN: INE812V07047

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 INE812V07047, represents a significant financial instrument. Issued by THDC INDIA LIMITED, it comes with the following description: "7.45% SECURED LISTED RATED REDEEMABLE NON-CONVERTIBLE NON CUMULATIVE TAXABLE BONDS IN THE NATURE OF DEBENTURE. LETTER OF ALLOTMENT. SERIES IV. DATE OF MATURITY 20/01/2031.". 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, THDC INDIA LIMITED, classified as Public Sector Undertaking (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) U45203UR1988GOI009822 further bolster its credibility. With a coupon rate of 7.45%, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 750. It was allotted on 1/20/2021 and is scheduled for redemption on 1/20/2031. Categorized under "N/A" 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 AA as provided by ICRA LIMITED. 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: THE BONDS WILL BE SECURED BY A PARIPASSU FIRST CHARGE ON THE EXISTING MOVABLE CAPITAL WORK IN PROGRESS (CWIP) AND FUTURE MOVABLE ASSETS OF PUMPED STORAGE PLANT LOCATED AT TEHRI. THE SECURITY WILL BE CREATED WITHIN THE TIME STIPULATED AS PER THE RELEVANT STATUTORY PROVISIONS, FOR MORE INFORMATION PLEASE CONTACT ISSUER. – 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, Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, ICRA LIMITED_02-01-2024, CARE RATINGS LIMITED_23-08-2024, CARE RATINGS LIMITED_09-05-2024, CARE RATINGS LIMITED_29-12-2023, CARE RATINGS LIMITED_25-08-2023, CARE RATINGS LIMITED_08-08-2023, CARE RATINGS LIMITED_30-06-2023, CARE RATINGS LIMITED_01-07-2022, ICRA LIMITED_03-01-2023. 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 INE812V08029 having a coupon rate of 7.76% and the bond with ISIN INE812V07013 having a coupon rate of 7.59% and the bond with ISIN INE812V08078 having a coupon rate of 7.45% and the bond with ISIN INE812V08037 having a coupon rate of 7.93%. 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.