Vanu Developers Private Limited
ACTIVE
ISIN: INE0QH407011
Issuer Details
Issuer Name
VANU DEVELOPERS PRIVATE LIMI...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
-
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U68100MH2023PTC405619
Name of the Lead Manager
-
Registrar
Bigshare Services Pvt. Limit...
Name of Debenture Trustee
SBICAP Trustee Company Limit...
Instrument Details
Instrument name as on NSDL
SECURED REDEEMABLE UNRATED U...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
22.2
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
19-09-2023
Redemption Date
19-12-2026
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
Promissory Notes and UDC, as applicable
Asset Type
Details of the security
Immovable Assets
Development rights / FSI of the Project including TDR, ancillary / additional / premium FSI along with all structures and construction on the Project Area and common area of units
Intangible Assets
First charge by way of hypothecation of all the current and non current assets, present and future, tangible and intangible, of Project
Book Debts / Receivables
First and exclusive charge by way of hypothecation over the receivables from sold and unsold units of the Project
Tangible Assets
First charge by way of hypothecation of all the current and non current assets, present and future, tangible and intangible, of Project
Others, Please Specify
Hundred percent Share pledge of the Issuer
Others, Please Specify
Promissory Notes and UDC, as applicable
Others, Please Specify
Registration of charges with ROC / Central Registry (CERSAI)
Immovable Assets
All structures and construction on Project Land excluding, proportionate share in common area of units sold and rehab area
Others, Please Specify
Personal Guarantee of Mr. Niyaz Ahmed Vanu, Mr. Looqman Vanu and Mr. Sufiyan Ahmed Vanu
Others, Please Specify
First charge on all assets pertaining to the Project including receivables, bank accounts, documents, rights/interests of the Developer/Borrower under the Project Agreements, authorizations pertaining to the Project insurance policies etc.
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 Vanu Developers Private Limited bond with ISIN: INE0QH407011
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 INE0QH407011, represents a significant financial instrument. Issued by VANU DEVELOPERS PRIVATE LIMITED, it comes with the following description: "SECURED REDEEMABLE UNRATED UNLISTED NON CONVERTIBLE DEBENTURES DATE OF MATURITY 19/12/2026". 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, VANU 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) U68100MH2023PTC405619 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of Bigshare Services Pvt. Limited and under the oversight of SBICAP Trustee Company Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 22.2. It was allotted on 9/19/2023 and is scheduled for redemption on 12/19/2026. 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: Promissory Notes and UDC, as applicable – 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.