Urbanrise Classic Homes Private Limited
ACTIVE
ISIN: INE0MQJ07019
Issuer Details
Issuer Name
URBANRISE CLASSIC HOMES PRIV...
Type of Issuer
Non PSU
Sector
Construction
Coupon Rate
10%
Industry
Construction
Issuer nature
Other
Corporate Identity Number (CIN)
U70103KA2021PTC153249
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
10% SECURED UNRATED UNLISTED...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
65
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
13-10-2022
Redemption Date
31-12-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
roperty 1 All piece of land adm15acres situated at s.no 35 at Gangasandra village, Kengeri, Hobli, Benagluru South, Karnataka
Asset Type
Details of the security
Immovable Assets
Immoveable property in various surveys located at Medchal Malkajgiri Telangana belonging to the LLP
Trust & Retention Account /Escrow Accounts
First ranking pari passu Security Interest on the Transaction Accounts together with the monies lying in the Transaction Accounts other than the RERA Escrow Account (as per Applicable Law)
Immovable Assets
roperty 1 All piece of land adm15acres situated at s.no 35 at Gangasandra village, Kengeri, Hobli, Benagluru South, Karnataka
Others, Please Specify
Share pledge over 100% (Hundred percent) share capital of the M/s Urbanrise Classic Homes Private Limited(Issuer) Personal guarantee given by the promoters of Mr. Sai Manoj Namburu and Mr. Suneel Bommireddy. Corporate guarantee given by M/s. Alliance Infrastructure Projects Pvt Ltd
Movable Asset
Hypo of all the present and future moveable properties of the Company in relation to the land and all developments there upon, all monies, Cashflows, bookdebts, receivebales, all deposits, investments credited to the Escrow accounts and construction accounts,
Book Debts / Receivables
First ranking pari passu hypothecation and escrow of the Receivables in respect of the New Projects
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About Urbanrise Classic Homes Private Limited bond with ISIN: INE0MQJ07019
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 INE0MQJ07019, represents a significant financial instrument. Issued by URBANRISE CLASSIC HOMES PRIVATE LIMITED, it comes with the following description: "10% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES I LETTER OF ALLOTMENT DATE OF MATURITY 31/12/2026.". 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, URBANRISE CLASSIC HOMES 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) U70103KA2021PTC153249 further bolster its credibility. With a coupon rate of 10, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited), ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 65. It was allotted on 10/13/2022 and is scheduled for redemption on 12/31/2026. 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: roperty 1 All piece of land adm15acres situated at s.no 35 at Gangasandra village, Kengeri, Hobli, Benagluru South, Karnataka – 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 INE0MQJ07027 having a coupon rate of 9.6%. 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.