Tvs Motor Company Limited
ACTIVE
ISIN: INE494B08036
Issuer Details
Issuer Name
TVS MOTOR COMPANY LIMITED
Type of Issuer
Non PSU
Sector
-
Coupon Rate
Repo rate%
Industry
-
Issuer nature
-
Corporate Identity Number (CIN)
L35921TN1992PLC022845
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Beacon Trusteeship Ltd
Instrument Details
Instrument name as on NSDL
REPO RATE LINKED UNSECURED R...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
125
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
14-03-2023
Redemption Date
13-03-2026
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Cash Flow Schedule
Cash Flow Event
Record Date
Interest
28-02-2024
Interest
28-02-2024
Interest
27-02-2025
Interest
27-02-2025
Interest
26-02-2026
Interest
26-02-2026
Redemption
26-02-2026
Redemption
26-02-2026
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About Tvs Motor Company Limited bond with ISIN: INE494B08036
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 INE494B08036, represents a significant financial instrument. Issued by TVS MOTOR COMPANY LIMITED, it comes with the following description: "REPO RATE LINKED UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT DATE OF MATURITY 13/03/2026.". 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, TVS MOTOR COMPANY 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) L35921TN1992PLC022845 further bolster its credibility. With a coupon rate of Repo rate, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai 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 3/14/2023 and is scheduled for redemption on 3/13/2026. Categorized under "PLAIN VANILLA DEBENTURES" and defined as Unsecured, 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. The bond carries a credit rating of AA+ as provided by CARE RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of AA+ is generally considered to be on the riskier end of the spectrum. 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: No specific asset cover description available. – 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 Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, CARE RATINGS LIMITED_27-09-2024, CARE RATINGS LIMITED_28-09-2023. 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.