Thriveni Earthmovers Private Ltd
ACTIVE
ISIN: INE380L07095
Issuer Details
Issuer Name
THRIVENI EARTHMOVERS PRIVATE...
Type of Issuer
Non PSU
Sector
Metals & Mining
Coupon Rate
16%
Industry
Minerals & Mining
Issuer nature
-
Corporate Identity Number (CIN)
U60231TZ1999PTC008876
Name of the Lead Manager
-
Registrar
KFIN TECHNOLOGIES PRIVATE LI...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
16% SECURED UNRATED UNLISTED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
57.5
Category of Instrument
Plain Vanilla Debentures
Allotment Date
19-05-2022
Redemption Date
19-05-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
350%
Details of Asset Cover
PLEDGE SHARES OF SUBSIDIARY, STEP DOWN SUBSIDIARY AND ASSOCIATE COMPANY
Asset Type
Details of the security
Non-Current Investments
PLEDGE SHARES OF SUBSIDIARY, STEP DOWN SUBSIDIARY AND ASSOCIATE COMPANY
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About Thriveni Earthmovers Private Ltd bond with ISIN: INE380L07095
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 INE380L07095, represents a significant financial instrument. Issued by THRIVENI EARTHMOVERS PRIVATE LTD, it comes with the following description: "16% SECURED UNRATED UNLISTED REDEEMABLE NONCONVERTIBLE DEBENTURES SERIES 4. DATE OF MATURITY 19/05/2026.". 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, THRIVENI EARTHMOVERS PRIVATE LTD, 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) U60231TZ1999PTC008876 further bolster its credibility. With a coupon rate of 16%, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 57.5. It was allotted on 5/19/2022 and is scheduled for redemption on 5/19/2026. 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. The bond carries a credit rating of A+ as provided by INDIA RATING AND RESEARCH PVT. LTD. In the market, ratings typically range from D to AAA, and a rating of A+ 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: PLEDGE SHARES OF SUBSIDIARY, STEP DOWN SUBSIDIARY AND ASSOCIATE COMPANY – 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 INDIA RATING AND RESEARCH PVT. LTD_18-11-2024, CARE Ratings Limited_05-04-2024, CARE Ratings Limited_01-08-2023, CARE Ratings Limited_09-01-2023, INDIA RATING AND RESEARCH PVT. LTD_02-01-2024. 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 INE380L07103 having a coupon rate of 16% and the bond with ISIN INE380L07087 having a coupon rate of 16% and the bond with ISIN INE380L07111 having a coupon rate of 8%. 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.