Yura Business Park Private Limited
ACTIVE
ISIN: INE214V07020
Issuer Details
Issuer Name
YURA BUSINESS PARK PRIVATE L...
Type of Issuer
Non PSU
Sector
Construction
Coupon Rate
14.05%
Industry
Construction
Issuer nature
Other
Corporate Identity Number (CIN)
U45200MH1994PTC080038
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
Beacon Trusteeship Ltd
Instrument Details
Instrument name as on NSDL
14.05% SECURED UNRATED UNLIS...
Face Value (in ₹)
100000
Total Issue size( in ₹ Cr.)
65
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
25-11-2024
Redemption Date
30-06-2027
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Security Measures
Asset Coverage
Principal
Asset Percentage
150%
Details of Asset Cover
First & exclusive charge by way of registered mortgage over the development rights, FSI, TDR, buildings, other under construction areas of the Project 2) First & exclusive charge by way of registered mortgage over present and future sold and unsold units of the Project
Asset Type
Details of the security
Tangible Assets
Not Applicable
Book Debts / Receivables
First & exclusive charge by way of hypothecation of entire cashflows including receivables from booked / sold area and future sales of the Project.
Movable Asset
Not Applicable
Immovable Assets
First & exclusive charge by way of registered mortgage over the development rights, FSI, TDR, buildings, other under construction areas of the Project 2) First & exclusive charge by way of registered mortgage over present and future sold and unsold units of the Project
Trust & Retention Account /Escrow Accounts
Not Applicable
Intangible Assets
Not Applicable
Others, Please Specify
Pledge or charge of 100% shareholding of the Issuer in demat form 2. Personal guarantee of the Personal Guarantors 3. Demand promissory note from the Issuer and Personal Guarantors 4. Shortfall undertaking from the Issuer and the Personal Guarantors for any actual or projected cost over runs compared to Cost to Complete specified above and / or any taxes if payable during the tenure of the Debentures.
Current Assets
Charge over work in progress, inventory, and any other monies, movable plant and machinery, machinery spares, tools and accessories, furniture, fixtures, vehicles and all other movable assets both present and future, in relation to the Project
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About Yura Business Park Private Limited bond with ISIN: INE214V07020
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 INE214V07020, represents a significant financial instrument. Issued by YURA BUSINESS PARK PRIVATE LIMITED, it comes with the following description: "14.05% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 30/06/2027". 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, YURA BUSINESS PARK 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) U45200MH1994PTC080038 further bolster its credibility. With a coupon rate of 14.05, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Beacon Trusteeship Ltd, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 65. It was allotted on 11/25/2024 and is scheduled for redemption on 6/30/2027. 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 & exclusive charge by way of registered mortgage over the development rights, FSI, TDR, buildings, other under construction areas of the Project 2) First & exclusive charge by way of registered mortgage over present and future sold and unsold units of the Project – 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 INE214V07012 having a coupon rate of 20.4%. 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.