Vr Konkan Private Limited
ACTIVE
ISIN: INE0BBX08013
Issuer Details
Issuer Name
VR KONKAN PRIVATE LIMITED
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
RESET RATE (REFER REMAKRS)%
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U45309KA2019PTC124570
Name of the Lead Manager
-
Registrar
Integrated Enterprises (Indi...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
RESET RATE UNSECURED LISTED ...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
651
Category of Instrument
-
Allotment Date
21-11-2019
Redemption Date
20-11-2044
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
-
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
N.A.
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About Vr Konkan Private Limited bond with ISIN: INE0BBX08013
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 INE0BBX08013, represents a significant financial instrument. Issued by VR KONKAN PRIVATE LIMITED, it comes with the following description: "RESET RATE UNSECURED LISTED RATED NON CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 20/11/2044". 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 KONKAN 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) U45309KA2019PTC124570 further bolster its credibility. With a coupon rate of RESET RATE (REFER REMAKRS), 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 1000000 with an issue size of 651. It was allotted on 11/21/2019 and is scheduled for redemption on 11/20/2044. Categorized under "-" and defined as Unsecured, 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 B+ as provided by ICRA LIMITED. In the market, ratings typically range from D to AAA, and a rating of B+ 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: N.A. – 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 Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, ICRA LIMITED_10-09-2024, ICRA LIMITED_18-09-2023. 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 INE0BBX08021 having a coupon rate of 13.6% UPTO MARCH 31, 2023 13.7% FROM APRIL 1, 2023, TO MARCH 31, 2027 16% FROM APRIL 1, 2027, TO OCTOBER 31, 2047. 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.