Transcon Developers Private Limited
INACTIVE
ISIN: INE083T07064
Issuer Details
Issuer Name
TRANSCON DEVELOPERS PRIVATE ...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
RESET RATE ( REFER REMARK)%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U45202MH2010PTC206000
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
IDBI Trusteeship Services Li...
Instrument Details
Instrument name as on NSDL
RESET RATE SECURED UNRATED U...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
90
Category of Instrument
-
Allotment Date
30-08-2021
Redemption Date
12-09-2024
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Subordinate Tier 1
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
A FIRST RANKING EXCLUSIVE CHARGE BY WAY OF HYPOTHECATION OVER THE IDENTIFIED ACCOUNTS, MOVEABLE FIXED ASSETS, CURRENT ASSETS AND RECEIVABLES OF THE COMPANY, IN ACCORDANCE WITH THE TERMS OF THE DEED OF HYPOTHECATION. A FIRST RANKING EXCLUSIVE CHARGE BY WAY OF HYPOTHECATION OVER ANY MACHINERY, PLANT, EQUIPMENT, FIXTURES, ARTICLES, OWNED OR ACQUIRED ON LEASE FOR THE PROJECT WHICH SHALL, FROM TIME TO TIME, HEREAFTER DURING THE CONTINUANCE OF THE SECURITY. FOR MORE DETAILS CONTACT ISSUER.
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About Transcon Developers Private Limited bond with ISIN: INE083T07064
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 INE083T07064, represents a significant financial instrument. Issued by TRANSCON DEVELOPERS PRIVATE LIMITED, it comes with the following description: "RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON COVNERTIBLE DEBENTURES.TRANCHE II. DATE OF MATURITY 12/09/2024.". Although the bond is currently marked as inactive, 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 RESET RATE ( REFER REMARK), this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of IDBI Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 90. It was allotted on 8/30/2021 and is scheduled for redemption on 9/12/2024. Categorized under "-" 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: A FIRST RANKING EXCLUSIVE CHARGE BY WAY OF HYPOTHECATION OVER THE IDENTIFIED ACCOUNTS, MOVEABLE FIXED ASSETS, CURRENT ASSETS AND RECEIVABLES OF THE COMPANY, IN ACCORDANCE WITH THE TERMS OF THE DEED OF HYPOTHECATION. A FIRST RANKING EXCLUSIVE CHARGE BY WAY OF HYPOTHECATION OVER ANY MACHINERY, PLANT, EQUIPMENT, FIXTURES, ARTICLES, OWNED OR ACQUIRED ON LEASE FOR THE PROJECT WHICH SHALL, FROM TIME TO TIME, HEREAFTER DURING THE CONTINUANCE OF THE SECURITY. FOR MORE DETAILS 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 ISIN_AllotmentConfirmation_CA05012022_1. 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 INE083T07072 having a coupon rate of N/A and the bond with ISIN INE083T07056 having a coupon rate of 10% and the bond with ISIN INE083T07072 having a coupon rate of N/A. 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.