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LUCINA LAND DEVELOPMENT LIMITED

Lucina Land Development Limited

ISIN: INE0JZO07040
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Key Highlights

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Yield

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Rating

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Min. Invest

13.2%

A-

~₹ 1 Lakh

Interest

Principal

Maturity date

Seniority

Monthly

Partial Redemption By Face Value

30/01/2029

Senior

Security Cover

2X

About the Company

Lucina Land Development Limited is a company incorporated under the Companies Act, 1956, involved in real estate development, notably the 'Indiabulls Greens & Park' project in Panvel. It is a wholly owned subsidiary of Embassy Developments Limited (EDL), which provides an unconditional and irrevocable Corporate Guarantee for LLDL's debt obligations. The company benefits from a strategic land bank and experienced management.

Key Management Personnel

Meyyappan Ramanathan

Whole-time Director

Financials

Yearly

*All values are in cr

Company Updates

Equinox India entity raises Rs 950 crore via NCD issue

66 weeks ago

Equinox India Developments (formerly Indiabulls Real Estate) raised ₹950 crore on Thursday through non-convertible debentures (NCDs) to fund Indiabulls Greens & Park in Panvel. The 48-month NCDs, issued by Lucina Land Development (LLDL), offer an interest rate of 13.00% and are backed by corporate guarantees from Equinox India, Sion Developers, Citra Properties and RGE Constructions.

Other disclosures

Lucina Land Development LimitedYield 13.2%

Units

Inv. Amount

Exp. Returns

Payout Schedule

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