Western Capital Advisors Private Limited
ACTIVE
ISIN: INE0A3007032
Issuer Details
Issuer Name
WESTERN CAPITAL ADVISORS PRI...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
10%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65999GJ2018PTC102323
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
10% SECURED UNRATED UNLISTED...
Face Value (in ₹)
1000
Total Issue size( in ₹ Cr.)
30
Category of Instrument
Plain Vanilla Debentures
Allotment Date
27-01-2022
Redemption Date
27-01-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal + Interest
Asset Percentage
110%
Details of Asset Cover
NCDS SHALL BE SECURED BY A CHARGE OR PLEDGE (OR ANALOGOUS ENTITLEMENT AS APPLICABLE LAW MAY REQUIRE) CREATED BY THE ISSUER IN FAVOUR OF THE DEBENTURE TRUSTEE (FOR THE BENEFIT OF THE HOLDERS OF THE DEBENTURES), BEING AN EXCLUSIVE FIRST PRIORITY SECURITY OVER SPECIFIC BOOK RECEIVABLES, BOOK DEBTS, PRESENT AND FUTURE SECURING AN AGGREGATE AMOUNT EQUAL TO NOT LESS THAN 110% OF THE OUTSTANDING DEBT
Asset Type
Details of the security
Book Debts / Receivables
NCDS SHALL BE SECURED BY A CHARGE OR PLEDGE (OR ANALOGOUS ENTITLEMENT AS APPLICABLE LAW MAY REQUIRE) CREATED BY THE ISSUER IN FAVOUR OF THE DEBENTURE TRUSTEE (FOR THE BENEFIT OF THE HOLDERS OF THE DEBENTURES), BEING AN EXCLUSIVE FIRST PRIORITY SECURITY OVER SPECIFIC BOOK RECEIVABLES, BOOK DEBTS, PRESENT AND FUTURE SECURING AN AGGREGATE AMOUNT EQUAL TO NOT LESS THAN 110% OF THE OUTSTANDING DEBT
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About Western Capital Advisors Private Limited bond with ISIN: INE0A3007032
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 INE0A3007032, represents a significant financial instrument. Issued by WESTERN CAPITAL ADVISORS PRIVATE LIMITED, it comes with the following description: "10% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBNTURE.DATE OF MATURITY 27/01/2027". 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, WESTERN CAPITAL ADVISORS 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) U65999GJ2018PTC102323 further bolster its credibility. With a coupon rate of 10%, this instrument has been meticulously managed with the assistance of N/A and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000 with an issue size of 30. It was allotted on 1/27/2022 and is scheduled for redemption on 1/27/2027. 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: NCDS SHALL BE SECURED BY A CHARGE OR PLEDGE (OR ANALOGOUS ENTITLEMENT AS APPLICABLE LAW MAY REQUIRE) CREATED BY THE ISSUER IN FAVOUR OF THE DEBENTURE TRUSTEE (FOR THE BENEFIT OF THE HOLDERS OF THE DEBENTURES), BEING AN EXCLUSIVE FIRST PRIORITY SECURITY OVER SPECIFIC BOOK RECEIVABLES, BOOK DEBTS, PRESENT AND FUTURE SECURING AN AGGREGATE AMOUNT EQUAL TO NOT LESS THAN 110% OF THE OUTSTANDING DEBT – 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 INE0A3007016 having a coupon rate of 10% and the bond with ISIN INE0A3007024 having a coupon rate of 10% and the bond with ISIN INE0A3007040 having a coupon rate of 10% and the bond with ISIN INE0A3008014 having a coupon rate of 9.5%. 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.