Transaction Solutions International (india) Private Limited
ACTIVE
ISIN: INE812O07018
Issuer Details
Issuer Name
TRANSACTION SOLUTIONS INTERN...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
8%
Industry
-
Issuer nature
-
Corporate Identity Number (CIN)
U72200DL2005PTC135086
Name of the Lead Manager
-
Registrar
Skyline Financial Services P...
Name of Debenture Trustee
PIRAMAL TRUSTEESHIP SERVICES...
Instrument Details
Instrument name as on NSDL
5% PAPM + 3% PA SECURED UNRA...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
200
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
27-11-2023
Redemption Date
26-11-2030
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
Second charge over all current and fixed assets of the Issuer, present and future. First charge on all current and fixed assets of WLA Target. The Investor will allow second charge on such assets to the existing banks. Such current assets would not include cash in ATM, vaults or in transit, as available from time to time, and the WLA Target shall be entitled to drawdown against sanctioned working capital facility equivalent to such cash and which shall be secured only against such cash.
Asset Type
Details of the security
Tangible Assets
Second charge over all current and fixed assets of the Issuer, present and future. First charge on all current and fixed assets of WLA Target. The Investor will allow second charge on such assets to the existing banks. Such current assets would not include cash in ATM, vaults or in transit, as available from time to time, and the WLA Target shall be entitled to drawdown against sanctioned working capital facility equivalent to such cash and which shall be secured only against such cash.
Others, Please Specify
Corporate Guarantee from the WLA Target. 100 percent share pledge of the shares of the Tata WLA Target Entity WLA Target. Non Disposable Undertaking NDU along with power of attorney for 100 percent of the present and future shares held by the Promoters and KMPs of the Issuer, on a fully diluted basis. Any other security as deemed fit by the Debenture Holder
Movable Asset
Second charge over all current and fixed assets of the Issuer, present and future. First charge on all current and fixed assets of WLA Target. The Investor will allow second charge on such assets to the existing banks. Such current assets would not include cash in ATM, vaults or in transit, as available from time to time, and the WLA Target shall be entitled to drawdown against sanctioned working capital facility equivalent to such cash and which shall be secured only against such cash.
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About Transaction Solutions International (india) Private Limited bond with ISIN: INE812O07018
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 INE812O07018, represents a significant financial instrument. Issued by TRANSACTION SOLUTIONS INTERNATIONAL (INDIA) PRIVATE LIMITED, it comes with the following description: "5% PAPM + 3% PA SECURED UNRATED UNLISTED COMPULSORIY CONVERTIBLE DBEENTURES LETTER OF ALLOTMENT DATE OF MATURITY 26/11/2030". 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, TRANSACTION SOLUTIONS INTERNATIONAL (INDIA) PRIVATE 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) U72200DL2005PTC135086 further bolster its credibility. With a coupon rate of 8, this instrument has been meticulously managed with the assistance of Skyline Financial Services Private Limited and under the oversight of PIRAMAL TRUSTEESHIP SERVICES PRIVATE LIMITED, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 200. It was allotted on 11/27/2023 and is scheduled for redemption on 11/26/2030. 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: Second charge over all current and fixed assets of the Issuer, present and future. First charge on all current and fixed assets of WLA Target. The Investor will allow second charge on such assets to the existing banks. Such current assets would not include cash in ATM, vaults or in transit, as available from time to time, and the WLA Target shall be entitled to drawdown against sanctioned working capital facility equivalent to such cash and which shall be secured only against such cash. – 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. No similar bonds are listed at this time. 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.