Vsc Properties Private Limited
ACTIVE
ISIN: INE0QAM07018
Issuer Details
Issuer Name
VSC PROPERTIES PRIVATE LIMIT...
Type of Issuer
Non PSU
Sector
Construction
Coupon Rate
17.75%
Industry
Construction
Issuer nature
Other
Corporate Identity Number (CIN)
U45201KA2007PTC043382
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
17.75% SECURED UNRATED UNLIS...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
20
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
19-08-2023
Redemption Date
31-08-2025
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
100%
Details of Asset Cover
Corporate Gurantee of entities to be identified during due diligence if any
Asset Type
Details of the security
Immovable Assets
Project Land and Units in Project 1 along with all present and future development structure
Others, Please Specify
Corporate Gurantee of entities to be identified during due diligence if any
Others, Please Specify
PDCs/ UDCs/ DPN for principal and interest amount
Movable Asset
Pledge of 100% shares of the issuing entity
Movable Asset
Hypothecation over receivables of sold and unsold units and escrow accounts of Promoters undivided share in Project 1 and Project 2 together with all the monies lying in the escrow account from time to time
Others, Please Specify
Irrevocable and unconditional Personal Gurantee of Mr. V. S Chandrashekhar Mr. Akhilesh V C and any other promoter or partner or obligor in the group
Others, Please Specify
any other security as prescribed by the IC Commitee or subscribers lawyer
Immovable Assets
Equitable Mortgage over Promoters undivided share of Project Land and Units in Project 2 along with all present and future development structures
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About Vsc Properties Private Limited bond with ISIN: INE0QAM07018
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 INE0QAM07018, represents a significant financial instrument. Issued by VSC PROPERTIES PRIVATE LIMITED, it comes with the following description: "17.75% SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES TRANCHE 1 DATE OF MATURITY 31/08/2025.". 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, VSC PROPERTIES 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) U45201KA2007PTC043382 further bolster its credibility. With a coupon rate of 17.75, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 20. It was allotted on 8/19/2023 and is scheduled for redemption on 8/31/2025. 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: Corporate Gurantee of entities to be identified during due diligence if any – 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 INE0QAM07034 having a coupon rate of 16.09%. 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.