Varashakti Housing Finance Private Limited
ACTIVE
ISIN: INE05JR07077
Issuer Details
Issuer Name
VARASHAKTI HOUSING FINANCE P...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
13.5%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65990TN2017PTC117720
Name of the Lead Manager
-
Registrar
Integrated Enterprises (Indi...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
13.50% SECURED RATED UNLISTE...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
10
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
24-06-2025
Redemption Date
15-06-2029
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
110%
Details of Asset Cover
Identified specific asset portfolio of receivables
Asset Type
Details of the security
Book Debts / Receivables
Identified specific asset portfolio of receivables
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Similar Bonds
VARASHAKTI HOUSING FINANCE PRIVATE LIMITED
ISIN: INE05JR07028
Coupon Rate
14.15%
Face Value (in ₹)
100000
VARASHAKTI HOUSING FINANCE PRIVATE LIMITED
ISIN: INE05JR07036
Coupon Rate
14.15%
Face Value (in ₹)
100000
VARASHAKTI HOUSING FINANCE PRIVATE LIMITED
ISIN: INE05JR07051
Coupon Rate
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Face Value (in ₹)
100000
About Varashakti Housing Finance Private Limited bond with ISIN: INE05JR07077
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 INE05JR07077, represents a significant financial instrument. Issued by VARASHAKTI HOUSING FINANCE PRIVATE LIMITED, it comes with the following description: "13.50% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES B DATE OF MATURITY 15/06/2029". 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, VARASHAKTI HOUSING FINANCE 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) U65990TN2017PTC117720 further bolster its credibility. With a coupon rate of 13.5, this instrument has been meticulously managed with the assistance of Integrated Enterprises (India) Ltd., Chennai 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 10. It was allotted on 6/24/2025 and is scheduled for redemption on 6/15/2029. 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 BBB- as provided by CRISIL RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of BBB- 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: Identified specific asset portfolio of receivables – 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 CRISIL RATINGS LIMITED_-. 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 INE05JR07028 having a coupon rate of 14.15% and the bond with ISIN INE05JR07036 having a coupon rate of 14.15% and the bond with ISIN INE05JR07051 having a coupon rate of 13.5%. 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.