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  1. Home
  2. Veera Vahana Udyog P...

Veera Vahana Udyog Private Limited

ACTIVE

ISIN: INE0T1M07017

Issuer Details

Instrument Details

Security Measures

Cash Flow Schedule

Issuer Details


Issuer Name

VEERA VAHANA UDYOG PRIVATE L...

Type of Issuer

Non PSU

Sector

Services

Coupon Rate

9%

Industry

Transport Services

Issuer nature

Other

Corporate Identity Number (CIN)

U50102KA2004PTC034438

Name of the Lead Manager

-

Registrar

-

Name of Debenture Trustee

Axis Trustee Services Limite...

Instrument Details


Instrument name as on NSDL

9% SECURED UNRATED UNLISTED ...

Face Value (in ₹)

100000

Total Issue size( in ₹ Cr.)

16

Category of Instrument

PLAIN VANILLA DEBENTURES

Allotment Date

06-11-2023

Redemption Date

31-03-2029

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

First charge by way of mortgage of immovable properties (land and building on which the manufacturing facility is located) and all appurtenances thereon and thereunder of the Borrower, both present and future along with assignment of rights on all immoveable properties where advances have been made and title is yet to be received

Sr No.

Asset Type

Details of the security

1

Intangible Assets

First charge on intangible assets including but not limited to the goodwill, undertaking and uncalled capital, present and future of the Borrower

2

Others, Please Specify

First charge on all the bank accounts of the Borrower including but not limited to any Debt Service Reserve Account created in the form of fixed deposit or any other form acceptable to the Lender, to service the interest payment and principal repayment under the Facility. First charge by way of assignment hypothecation to the extent permitted under applicable laws of all the rights, title, interest, benefits, claims and demands whatsoever of the Borrower in the 120 acres land covered under Agr

3

Movable Asset

First charge by way of hypothecation of all movable assets/moveable fixed assets of the Borrower including, moveable plant and machinery, spares, tools and accessories, furniture, fixtures, vehicles and all other movable assets, both present and future. First charge on book debts, operating cash flows, receivables including but not limited to loans and advances, deposits, commissions, revenue of whatsoever nature and wherever arising, present and future of the Borrower

4

Immovable Assets

First charge by way of mortgage of immovable properties (land and building on which the manufacturing facility is located) and all appurtenances thereon and thereunder of the Borrower, both present and future along with assignment of rights on all immoveable properties where advances have been made and title is yet to be received

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.

Similar Bonds

VEERA VAHANA UDYOG PRIVATE LIMITED

ISIN: INE0T1M07025

Coupon Rate

9%

Face Value (in ₹)

100000


About Veera Vahana Udyog Private Limited bond with ISIN: INE0T1M07017

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 INE0T1M07017, represents a significant financial instrument. Issued by VEERA VAHANA UDYOG PRIVATE LIMITED, it comes with the following description: "9% SECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURE DATE OF MATURITY 31/03/2029.". 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, VEERA VAHANA UDYOG 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) U50102KA2004PTC034438 further bolster its credibility. With a coupon rate of 9, this instrument has been meticulously managed with the assistance of N/A and under the oversight of Axis Trustee Services Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 16. It was allotted on 11/6/2023 and is scheduled for redemption on 3/31/2029. 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. 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: First charge by way of mortgage of immovable properties (land and building on which the manufacturing facility is located) and all appurtenances thereon and thereunder of the Borrower, both present and future along with assignment of rights on all immoveable properties where advances have been made and title is yet to be received – 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 INE0T1M07025 having a coupon rate of 9%. 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.

Disclaimer: The facts and information on this page are for information and awareness purposes only. No information provided here is intended towards any specific user and should not be construed as investment advice or a recommendation of any kind whatsoever. You are requested to consult with your professional investment advisor or tax advisor for specific directions on any investments in any securities including the bonds mentioned on this page before making any investment decision. Tap Bonds shall not be liable for any losses incurred by you based on an investment decision utilising the information.
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All information is sourced from public datasets.