Whispering Heights Real Estate Private Limited
ACTIVE
ISIN: INE290W08018
Issuer Details
Issuer Name
WHISPERING HEIGHTS REAL ESTA...
Type of Issuer
Non PSU
Sector
-
Coupon Rate
13%
Industry
-
Issuer nature
Other
Corporate Identity Number (CIN)
U70109MH2016PTC286771
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Vistra ITCL (India) Limited
Instrument Details
Instrument name as on NSDL
13% UNSECURED LISTED RATED R...
Face Value (in ₹)
100
Total Issue size( in ₹ Cr.)
156
Category of Instrument
-
Allotment Date
18-09-2017
Redemption Date
17-09-2037
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Subordinate Tier 1
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
N.A.
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About Whispering Heights Real Estate Private Limited bond with ISIN: INE290W08018
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 INE290W08018, represents a significant financial instrument. Issued by WHISPERING HEIGHTS REAL ESTATE PRIVATE LIMITED, it comes with the following description: "13% UNSECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 17/09/2037". 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, WHISPERING HEIGHTS REAL ESTATE 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) U70109MH2016PTC286771 further bolster its credibility. With a coupon rate of 13%, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100 with an issue size of 156. It was allotted on 9/18/2017 and is scheduled for redemption on 9/17/2037. 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 BBB+ as provided by CARE Ratings Limited. In the market, ratings typically range from D to AAA, and a rating of BBB+ 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, CARE Ratings Limited_17-09-2024, BRICKWORK RATINGS INDIA PRIVATE LIMITED_28-11-2023, BRICKWORK RATINGS INDIA PRIVATE LIMITED_28-11-2023, CARE Ratings Limited_22-09-2023. 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 INE290W08026 having a coupon rate of 13%. 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.