Til Limited
ACTIVE
ISIN: INE806C07015
Issuer Details
Issuer Name
TIL LIMITED
Type of Issuer
Non PSU
Sector
Construction
Coupon Rate
11.9%
Industry
Construction
Issuer nature
-
Corporate Identity Number (CIN)
L74999WB1974PLC041725
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
SBICAP Trustee Company Limit...
Instrument Details
Instrument name as on NSDL
11.90% SECURED UNRATED UNLIS...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
40
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
16-08-2024
Redemption Date
16-11-2026
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
As per Term Sheet
Asset Type
Details of the security
Immovable Assets
As per Term Sheet
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About Til Limited bond with ISIN: INE806C07015
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 INE806C07015, represents a significant financial instrument. Issued by TIL LIMITED, it comes with the following description: "11.90% SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE DATE OF MATURITY 16/11/2026.". 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, TIL 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) L74999WB1974PLC041725 further bolster its credibility. With a coupon rate of 11.9, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai 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 40. It was allotted on 8/16/2024 and is scheduled for redemption on 11/16/2026. 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. 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: As per Term Sheet – 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 INE0NB307012 having a coupon rate of 15% and the bond with ISIN INE00CI07122 having a coupon rate of 11.25% and the bond with ISIN INE00BB08010 having a coupon rate of Not applicable and the bond with ISIN INE00CI07080 having a coupon rate of 11.25%. 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.