Wadhwa Construction & Infrastructure Private Limited
ACTIVE
ISIN: INE431Q07038
Issuer Details
Issuer Name
WADHWA CONSTRUCTION & INFRAS...
Type of Issuer
Non PSU
Sector
Realty
Coupon Rate
-
Industry
Realty
Issuer nature
Other
Corporate Identity Number (CIN)
U70109MH2000PTC129871
Name of the Lead Manager
-
Registrar
Purva Sharegistry (India) Pr...
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
SECURED UNRATED UNLISTED RED...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
280
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
17-01-2024
Redemption Date
16-07-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
100%
Details of Asset Cover
First ranking charge by way of pledge on the Pledged Properties
Asset Type
Details of the security
Movable Asset
First ranking charge by way of pledge on the Pledged Properties
Others, Please Specify
Personal guarantee by Mr. Vijay Wadhwa and Mr. Navin Makhija. Corporate guarantee by Wadhwagroup Holdings Private Limited
Movable Asset
First ranking charge by way of hypothecation over the Hypothecated Properties in favour of the Debenture Trustee as per the terms of the Hypothecation Deed.
Immovable Assets
First ranking mortgage by the company over the Mortgaged Properties in favour of the Debenture Trustee, as per the terms of the Mortgage Documents
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About Wadhwa Construction & Infrastructure Private Limited bond with ISIN: INE431Q07038
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 INE431Q07038, represents a significant financial instrument. Issued by WADHWA CONSTRUCTION & INFRASTRUCTURE PRIVATE LIMITED, it comes with the following description: "SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTRUE DATE OF MATURITY 16/07/2027". 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, WADHWA CONSTRUCTION & INFRASTRUCTURE 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) U70109MH2000PTC129871 further bolster its credibility. With a coupon rate of N/A, this instrument has been meticulously managed with the assistance of Purva Sharegistry (India) Private Limited 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 280. It was allotted on 1/17/2024 and is scheduled for redemption on 7/16/2027. 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 charge by way of pledge on the Pledged Properties – 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 INE431Q07020 having a coupon rate of 17%. 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.