Zerodha (Trading Account)
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Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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| Issue Open | December 6, 2021 |
| Issue Close | December 22, 2021 |
| Issue Size (Base) | ₹200.00 Crores |
| Issue Size (Shelf) | ₹300.00 Crores |
| Issue Price | ₹1000 per NCD |
| Listing At | BSE |
Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day.The allotment is done on a First Come First Serve Basis.
| Bid/Offer Opens On | December 6, 2021 |
| Bid/Offer Closes On | December 22, 2021 |
| Record Date | |
| Deemed Date of Allotment |
| Series | Series I | Series II | Series III | Series IV | Series V | Series VI | Series VII | Series VIII | Series IX | Series X |
|---|---|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Annual | NA | Monthly | Annual | NA | Monthly | Annual | NA | Monthly | Annual |
| Tenor | 24 Months | 24 Months | 36 Months | 36 Months | 36 Months | 60 Months | 60 Months | 60 Months | 120 Months | 120 Months |
| Coupon (% per annum) for NCD Holders in Category I,II,III and IV | 8.75% | NA | 8.75% | 9.10% | NA | 9.15% | 9.55% | NA | 9.30% | 9.70% |
| Effective Yield (per annum) for NCD Holders in category I,II,III and IV | 8.75% | 8.75% | 9.10% | 9.09% | 9.10% | 9.54% | 9.54% | 9.55% | 9.70% | 9.69% |
| Amount (Rs/NCD) on Maturity for NCD Holders in Category I,II,III and IV | Rs 1,000.00 | Rs 1,182.65 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,299.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,578.25 | Rs 1,000.00 | Rs 1,000.00 |
Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.
You could check Edelweiss Financial Services Ltd NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).
Note that there is no official source of GMP Rate as they are over-the-counter transactions.
The NCDs proposed to be issued under the issue have been rated “CRISIL AA-/” for an amount of Rs. 10,000 million by CRISIL dated October 22, 2021 and “ACUITE AA” for an amount of Rs. 15,000 million by Acuite dated October 20, 2021.
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