Transcon Developers Private Limited
ACTIVE
ISIN: INE083T07072
Issuer Details
Issuer Name
TRANSCON DEVELOPERS PRIVATE ...
Type of Issuer
Non PSU
Sector
Construction
Coupon Rate
-
Industry
Construction
Issuer nature
Other
Corporate Identity Number (CIN)
U45202MH2010PTC206000
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
RESET RATE SECURED UNRATED U...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
450
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
15-03-2025
Redemption Date
14-03-2029
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
150%
Details of Asset Cover
As per Annexure A
Asset Type
Details of the security
Others, Please Specify
As per Annexure A
Immovable Assets
As per Annexure A
Trust & Retention Account /Escrow Accounts
First ranking & exclusive escrow over all accounts opened in respect of the Projects and the Additional Ownership Property
Current Assets
Charge over work in progress, inventory, and any other monies, movable plant and machinery, machinery spares, tools and accessories, furniture, fixtures, vehicles and all other movable assets both present and future, in relation to the Projects
Book Debts / Receivables
First ranking exclusive charge on the receivables of the Projects. First & exclusive charge over receivables of each related party creditor in relation to certain loans and advances provided to the issuer and other identified entities.
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About Transcon Developers Private Limited bond with ISIN: INE083T07072
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 INE083T07072, represents a significant financial instrument. Issued by TRANSCON DEVELOPERS PRIVATE LIMITED, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 14/03/2029". 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, TRANSCON DEVELOPERS PRIVATE 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) U45202MH2010PTC206000 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 450. It was allotted on 3/15/2025 and is scheduled for redemption on 3/14/2029. 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: As per Annexure A – 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 INE083T07064 having a coupon rate of RESET RATE ( REFER REMARK) and the bond with ISIN INE083T07056 having a coupon rate of 10%. 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.