Vr Dakshin Private Limited

About Vr Dakshin Private Limited bond with ISIN: INE084S07049

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 INE084S07049, represents a significant financial instrument. Issued by VR DAKSHIN PRIVATE LIMITED, it comes with the following description: "RESET RATE T-BILL SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BOND LETTER OF ALLOTMENT SERIES 1 DATE OF MATURITY 31/03/2035". 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, VR DAKSHIN 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) U74899KA1987PTC070519 further bolster its credibility. With a coupon rate of T bill, this instrument has been meticulously managed with the assistance of Integrated Enterprises (India) Ltd., Bangalore 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 98666.66 with an issue size of 268. It was allotted on 4/18/2023 and is scheduled for redemption on 3/31/2035. Categorized under "OTHER TYPE OF BOND" 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 ICRA 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: First ranking and exclusive charge by way of hypothecation on the hypothecated properties pursuant to the deed of Hypothecation, which shall be created prior to the Deemed Date of Allotment, shall be effective on and from the Hypothecation effective date and shall be perfected within 30 days of deemed date of execution of the Deed of Hypothecation – 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 ICRA LIMITED_01-03-2024. 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 INE084S07031 having a coupon rate of 10.7% and the bond with ISIN INE084S08054 having a coupon rate of 12% and the bond with ISIN INE084S08062 having a coupon rate of 12% and the bond with ISIN INE084S08013 having a coupon rate of 12%. 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.