NCD News of CreditAccess Grameen Tranche II NCD 2023

CreditAccess Grameen Limited is coming up with Public Issue of Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) of the face value of ₹ 1000 each, for an amount of ₹1,000.00 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹1,500.00 Crores.

CreditAccess Grameen Limited is a leading Indian micro-finance institution headquartered in Bengaluru. According to MFIN India, The company was the largest NBFC- MFI in India regarding the gross loan portfolio as of March 2023.

Allotment of the NCD's will be done on First Come First Serve Basis.

CreditAccess Grameen Tranche II NCD 2023 is rated IND AA-/Stable.

The issue opens on Aug 24, 2023 and closes for subscription on Sep 1, 2023. The shares of the company to be list at BSE, NSE.

The public issue of CreditAccess Grameen Limited opens on Aug 24, 2023 and closes for subscription on Sep 1, 2023.

The CreditAccess Grameen Tranche II NCD 2023 are proposed to list at BSE, NSE.

Allotment of the NCD's will be done on First Come First Serve Basis.