Bharat Nexus · Welspun Logistics Park SPV
Bharat Nexus is the program / segment. Each warehouse sits inside its own bankruptcy-remote LLP SPV under the program. This page is the first live SPV — Welspun Logistics Park (Bhiwandi, MMR · 1.12 M sqft · Grade A+), tenanted by Amazon. Tokenised into three secured debt tranches. Debt is offered to retail as Priority Income Notes (BNX-WELSPUN-SR). Strategic equity sits above as first-loss.
Your coupon is paid from the asset's cash flows (rent), routed through the SPV waterfall. Target only — returns are not guaranteed and depend on asset performance.
Where the rent actually comes from.
This SPV is 100% backed by a single Grade-A warehouse — Welspun Logistics Park, Bhiwandi — leased to Amazon. Other warehouses (ESR Sri City, Indospace Chakan, Horizon Hosur, Embassy Oragadam, Greenbase Ahmedabad) live in their own SPVs under the BNX program — see the pipeline below.
Other warehouses under the program.
Bharat Nexus is an umbrella program. Each new warehouse is onboarded as its own ring-fenced SPV with its own tokens, trustee and waterfall — no commingling with Welspun's rent cash flows.
Debt
Pick the rung that fits your mandate. Debt is secured by a first charge on SPV cashflows.
How your coupon is paid.
Rent flows in monthly. The SPV runs a fixed waterfall. You receive your coupon on the 7th.
Debt contracts plus LLP partner-rights.
One permissioned token per debt tranche plus a restricted LLP equity register. Reconciled with the SEBI-registered RTA on every settlement.
The SEBI-registered RTA's statutory register is the source of truth; the on-chain registry mirrors it and reconciles at each sync.
LLP partnership cap table
Every product has a 500-cap LLP partner-rights equity register plus debt-token registers, reconciled with the ERC-3643 identity whitelist.
Frequently asked.
Selling a ₹50 L flat takes 3–6 months. Exiting ₹50,000 in LiquiCo tokens: a scheduled liquidity window, 0.5% fee, settled same-day to a whitelisted buyer.