Ugro Capital Limited
ACTIVE
ISIN: INE583D07265
Issuer Details
Issuer Name
UGRO CAPITAL LIMITED
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
10.40%
Industry
Finance
Issuer nature
-
Corporate Identity Number (CIN)
L67120MH1993PLC070739
Name of the Lead Manager
TRUST INVESTMENT ADVISORS PV...
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Mitcon Trusteeship Services ...
Instrument Details
Instrument name as on NSDL
10.40% SECURED RATED LISTED ...
Face Value (in ₹)
1000
Total Issue size( in ₹ Cr.)
44.0106
Category of Instrument
Plain Vanilla Debentures
Allotment Date
05-05-2022
Redemption Date
05-05-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
120%
Details of Asset Cover
A FIRST RANKING EXCLUSIVE AND CONTINUING CHARGE TO BE CREATED PURSUANT TO AN UNATTESTED DEED OF HYPOTHECATION, DATED ON OR ABOUT THE EFFECTIVE DATE, EXECUTED OR TO BE EXECUTED AND DELIVERED BY THE ISSUER IN A FORM ACCEPTABLE TO THE DEBENTURE TRUSTEE OVER THE RECEIVABLES ARISING OUT OF IDENTIFIED BOOK DEBTS/LOAN RECEIVABLES, FOR MORE DETAILS PLEASE CONTACT TO ISSUER
Asset Type
Details of the security
Book Debts / Receivables
A FIRST RANKING EXCLUSIVE AND CONTINUING CHARGE TO BE CREATED PURSUANT TO AN UNATTESTED DEED OF HYPOTHECATION, DATED ON OR ABOUT THE EFFECTIVE DATE, EXECUTED OR TO BE EXECUTED AND DELIVERED BY THE ISSUER IN A FORM ACCEPTABLE TO THE DEBENTURE TRUSTEE OVER THE RECEIVABLES ARISING OUT OF IDENTIFIED BOOK DEBTS/LOAN RECEIVABLES, FOR MORE DETAILS PLEASE CONTACT TO ISSUER
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About Ugro Capital Limited bond with ISIN: INE583D07265
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 INE583D07265, represents a significant financial instrument. Issued by UGRO CAPITAL LIMITED, it comes with the following description: "10.40% SECURED RATED LISTED NON CONVERTIUBLE DEBENTURE .SERIES III.DATE OF MATURITY 05/05/2025". 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, UGRO CAPITAL 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) L67120MH1993PLC070739 further bolster its credibility. With a coupon rate of 10.40%, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Mitcon Trusteeship Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000 with an issue size of 44.0106. It was allotted on 5/5/2022 and is scheduled for redemption on 5/5/2025. 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. The bond carries a credit rating of A as provided by Acuite Ratings And Research Limited. In the market, ratings typically range from D to AAA, and a rating of A 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: A FIRST RANKING EXCLUSIVE AND CONTINUING CHARGE TO BE CREATED PURSUANT TO AN UNATTESTED DEED OF HYPOTHECATION, DATED ON OR ABOUT THE EFFECTIVE DATE, EXECUTED OR TO BE EXECUTED AND DELIVERED BY THE ISSUER IN A FORM ACCEPTABLE TO THE DEBENTURE TRUSTEE OVER THE RECEIVABLES ARISING OUT OF IDENTIFIED BOOK DEBTS/LOAN RECEIVABLES, FOR MORE DETAILS PLEASE CONTACT TO 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 Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, Acuite Ratings And Research Limited_05-07-2024, Acuite Ratings And Research Limited_-, Acuite Ratings And Research Limited_06-07-2023, Acuite Ratings And Research Limited_27-03-2023, Acuite Ratings And Research Limited_21-02-2023, Acuite Ratings And Research Limited_20-12-2022, Acuite Ratings And Research Limited_22-08-2022, Acuite Ratings And Research Limited_19-05-2022. 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 INE583D07364 having a coupon rate of 10.25% and the bond with ISIN INE583D07190 having a coupon rate of 11.3% and the bond with ISIN INE583D07398 having a coupon rate of 1% and the bond with ISIN INE583D07380 having a coupon rate of 10.5%. 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.