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  1. Home
  2. Transcon Skycity Pri...

Transcon Skycity Private Limited

ACTIVE

ISIN: INE0IVT07016

Issuer Details

Instrument Details

Security Measures

Cash Flow Schedule

Issuer Details


Issuer Name

TRANSCON SKYCITY PRIVATE LIM...

Type of Issuer

Non PSU

Sector

Realty

Coupon Rate

16.50%

Industry

Realty

Issuer nature

Other

Corporate Identity Number (CIN)

U45200MH1993PTC073684

Name of the Lead Manager

-

Registrar

Skyline Financial Services P...

Name of Debenture Trustee

Beacon Trusteeship Ltd

Instrument Details


Instrument name as on NSDL

16.50% SECURED UNRATED UNLIS...

Face Value (in ₹)

100000

Total Issue size( in ₹ Cr.)

125

Category of Instrument

Plain Vanilla Debentures

Allotment Date

24-06-2022

Redemption Date

30-04-2026

Whether Secured or Unsecured

Secured

Put Option Date

-

Call Option Date

-

Seniority in Repayment

Senior

Security Measures


Asset Coverage

Principal + Interest

Asset Percentage

200%

Details of Asset Cover

ALL THAT PIECES AND PARCELS OF LAND BEARING SURVEY NO.267 (PART) CORRESPONDING TO CTS NO.622A/1 (PART) ADMEASURING 1080 SQUARE METERS OR THEREABOUTS, SITUATE, LYING AND BEING AT VILLAGE MULUND, TALUKA KURLA IN THE REGISTRATION DISTRICT AND SUB DISTRICT OF MUMBAI SUBURBAN.FOR MORE DETAILS PLEASE CONTACT TO ISSSUER.

Sr No.

Asset Type

Details of the security

1

Immovable Assets - Properties

All that pieces and parcels of land bearing Survey No.267 (part) corresponding to CTS No.622A/1 (part) admeasuring 1080 square meters or thereabouts, situate, lying and being at Village Mulund, Taluka Kurla in the registration district and sub district of Mumbai Suburban

2

a first ranking exclusive charge by way of pledge on 100% (one hundred percent) of the Share Capital of the Company, held by the Pledgors accompanied by power(s) of attorney in favour of the Debenture Trustee permitting sale of the securities, shares and other requisite powers, in demat form and/or any other form and manner to the satisfactory of the Debenture Trustee and/or Facility Agent along with power of attorney in relation thereto

3

Current Assets

a first ranking exclusive charge by way of hypothecation on all cash flows/receivables arising from Borivali Land along with power of attorney in relation thereto

4

Trust & Retention Account /Escrow Accounts

Escrow Mechanism- & as per Escrow Agreement, including following accounts held with HDFC Bank Limited (“Escrow Bank “: (a) 57500000913694- TRANSCON SKYCITY PVT LTD ESCROW ACCOUNT (b) 57500000913705- TRANSCON SKYCITY PVT LTD FORTUNE 500 TOWER 1 MASTER COLLECTION ESCROW ACCOUNT (c) 57500000913273- TRANSCON SKYCITY PVT LTD FORTUNE 500 TOWER 1 RERA ESCROW A/C

Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.

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About Transcon Skycity Private Limited bond with ISIN: INE0IVT07016

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 INE0IVT07016, represents a significant financial instrument. Issued by TRANSCON SKYCITY PRIVATE LIMITED, it comes with the following description: "16.50% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 30/04/2026. ". 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, TRANSCON SKYCITY 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) U45200MH1993PTC073684 further bolster its credibility. With a coupon rate of 16.50%, this instrument has been meticulously managed with the assistance of Skyline Financial Services Private Limited and under the oversight of Beacon Trusteeship Ltd, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 125. It was allotted on 6/24/2022 and is scheduled for redemption on 4/30/2026. 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: ALL THAT PIECES AND PARCELS OF LAND BEARING SURVEY NO.267 (PART) CORRESPONDING TO CTS NO.622A/1 (PART) ADMEASURING 1080 SQUARE METERS OR THEREABOUTS, SITUATE, LYING AND BEING AT VILLAGE MULUND, TALUKA KURLA IN THE REGISTRATION DISTRICT AND SUB DISTRICT OF MUMBAI SUBURBAN.FOR MORE DETAILS PLEASE CONTACT TO ISSSUER. – 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 INE005X08018 having a coupon rate of 9% and the bond with ISIN INE002Z08077 having a coupon rate of N/A and the bond with ISIN INE0NO807016 having a coupon rate of 16% and the bond with ISIN INE003S07247 having a coupon rate of 9.3%. 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.

Disclaimer: The facts and information on this page are for information and awareness purposes only. No information provided here is intended towards any specific user and should not be construed as investment advice or a recommendation of any kind whatsoever. You are requested to consult with your professional investment advisor or tax advisor for specific directions on any investments in any securities including the bonds mentioned on this page before making any investment decision. Tap Bonds shall not be liable for any losses incurred by you based on an investment decision utilising the information.
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