Vishwa Samudra Engineering Private Limited
ACTIVE
ISIN: INE0RUH07014
Issuer Details
Issuer Name
VISHWA SAMUDRA ENGINEERING P...
Type of Issuer
Non PSU
Sector
Construction
Coupon Rate
13.95%
Industry
Construction
Issuer nature
Other
Corporate Identity Number (CIN)
U74110AP2016PTC103954
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
Axis Trustee Services Limite...
Instrument Details
Instrument name as on NSDL
13.95% SECURED UNRATED UNLIS...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
75
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
03-09-2024
Redemption Date
27-09-2026
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
125%
Details of Asset Cover
first ranking exclusive charge on the Cash collateral of INR 20 crores
Asset Type
Details of the security
Others, Please Specify
first ranking exclusive charge on the Cash collateral of INR 20 crores
Book Debts / Receivables
Exclusive charge on all receivables flowing from the CISF and GMR contract with identified escrow agreement reflecting the same
Immovable Assets
Mortgage over land parcels held by Vishwa Samudra Holdings Private Limited(VSHPL) and Vishwa Samudra Estate and Projects Private Limited (VSEPPL) with value aggregating to INR 150 crores
Non-Current Investments
Exclusive charge on investments of corporate bonds held by Vishwa Samudra Holdings Private Limited with book value aggregating to INR 310 crores (NCDs issued by Mosavi Enterprises Limited, Seaways Shipping and Logistics Limited, Umashiv Garments Private Limited and Vizag Profiles Private Limited
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About Vishwa Samudra Engineering Private Limited bond with ISIN: INE0RUH07014
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 INE0RUH07014, represents a significant financial instrument. Issued by VISHWA SAMUDRA ENGINEERING PRIVATE LIMITED, it comes with the following description: "13.95% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 27/09/2026". 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, VISHWA SAMUDRA ENGINEERING 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) U74110AP2016PTC103954 further bolster its credibility. With a coupon rate of 13.95, 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 75. It was allotted on 9/3/2024 and is scheduled for redemption on 9/27/2026. 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: first ranking exclusive charge on the Cash collateral of INR 20 crores – 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.