Yogakshemam Loans Limited
ACTIVE
ISIN: INE348Y07FF0
Issuer Details
Issuer Name
YOGAKSHEMAM LOANS LIMITED
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
10.25%
Industry
Finance
Issuer nature
NBFC
Corporate Identity Number (CIN)
U65992KL1991PLC005965
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
10.25% SECURED UNRATED UNLIS...
Face Value (in ₹)
1000
Total Issue size( in ₹ Cr.)
0.15
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
28-08-2024
Redemption Date
28-08-2029
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
The NCDs issued in terms of this offer letter shall be secured by a first ranking paripassu in favour of the debenture trustee on all current assets book debts receivables both present and future except those receivable specifically and exclusively charged such that a security cover of 100% of the outstanding amount of the NCDs and interest thereon is maintained until Maturity Date
Asset Type
Details of the security
Others, Please Specify
The NCDs issued in terms of this offer letter shall be secured by a first ranking paripassu in favour of the debenture trustee on all current assets book debts receivables both present and future except those receivable specifically and exclusively charged such that a security cover of 100% of the outstanding amount of the NCDs and interest thereon is maintained until Maturity Date
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About Yogakshemam Loans Limited bond with ISIN: INE348Y07FF0
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 INE348Y07FF0, represents a significant financial instrument. Issued by YOGAKSHEMAM LOANS LIMITED, it comes with the following description: "10.25% SECURED UNRATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE SERIES 2330 DATE OF MATURITY 28/08/2029.". 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, YOGAKSHEMAM LOANS 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) U65992KL1991PLC005965 further bolster its credibility. With a coupon rate of 10.25, 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 1000 with an issue size of 0.15. It was allotted on 8/28/2024 and is scheduled for redemption on 8/28/2029. 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: The NCDs issued in terms of this offer letter shall be secured by a first ranking paripassu in favour of the debenture trustee on all current assets book debts receivables both present and future except those receivable specifically and exclusively charged such that a security cover of 100% of the outstanding amount of the NCDs and interest thereon is maintained until Maturity Date – 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 INE348Y07EJ5 having a coupon rate of 10.5% and the bond with ISIN INE348Y07CV4 having a coupon rate of 10.5% and the bond with ISIN INE348Y07301 having a coupon rate of 12% and the bond with ISIN INE348Y07988 having a coupon rate of 10%. 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.