Wadhawan Global Capital Limited
INACTIVE
ISIN: INE458U07025
Issuer Details
Issuer Name
WADHAWAN GLOBAL CAPITAL LIMI...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
0%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U67110MH2010PTC204063
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
IDBI TRUSTEESHIP SERVICES LI...
Instrument Details
Instrument name as on NSDL
ZERO COUPON RATED UNLISTED T...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
950
Category of Instrument
-
Allotment Date
31-03-2017
Redemption Date
31-07-2020
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
THE SECURITY TO BE PROVIDED BY WCG AS SECUTRITY FOR THE DISCHARGE OF THE SECURED OBLIGATIONS SHALL CONSIST OF - A FIRST RANKING SOLE AND EXCLUSIVE CHARGE IN THE NATURE OF A HYPOTHECATION CREATED OVER THE ESCROW ACCOUNT THE MONIES...CONTACT ISSUER FOR FURTHER DETAILS
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About Wadhawan Global Capital Limited bond with ISIN: INE458U07025
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 INE458U07025, represents a significant financial instrument. Issued by WADHAWAN GLOBAL CAPITAL LIMITED, it comes with the following description: "ZERO COUPON RATED UNLISTED TAXABLE SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1. DATE OF MATURITY 31/07/2020". Although the bond is currently marked as inactive, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, WADHAWAN GLOBAL CAPITAL 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) U67110MH2010PTC204063 further bolster its credibility. With a coupon rate of 0%, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of IDBI TRUSTEESHIP SERVICES LIMITED, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 950. It was allotted on 3/31/2017 and is scheduled for redemption on 7/31/2020. Categorized under "-" 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 D as provided by CARE Ratings Limited. In the market, ratings typically range from D to AAA, and a rating of D 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: THE SECURITY TO BE PROVIDED BY WCG AS SECUTRITY FOR THE DISCHARGE OF THE SECURED OBLIGATIONS SHALL CONSIST OF - A FIRST RANKING SOLE AND EXCLUSIVE CHARGE IN THE NATURE OF A HYPOTHECATION CREATED OVER THE ESCROW ACCOUNT THE MONIES...CONTACT ISSUER FOR FURTHER DETAILS – 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 CARE Ratings Limited_02-08-2024, CARE Ratings Limited_22-08-2023, CARE Ratings Limited_24-08-2022. 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 INE458U08015 having a coupon rate of N.A. and the bond with ISIN INE458U07033 having a coupon rate of 0%. 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.