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 8, 2021 |
| Issue Close | December 28, 2021 |
| Issue Size (Base) | ₹100.00 Crores |
| Issue Size (Shelf) | ₹900.00 Crores |
| Issue Price | ₹1000 per NCD |
| Listing At | BSE, NSE |
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 8, 2021 |
| Bid/Offer Closes On | December 28, 2021 |
| Record Date | |
| Deemed Date of Allotment |
Coupon Rates
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | |
|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Annual | Cumulative | Monthly | Annual | Cumulative | Monthly | Annual | Cumulative |
| Nature | Secured | |||||||
| Tenor | 36 months | 36 months | 60 months | 60 months | 60 months | 84 months | 84 months | 84 months |
| Coupon Rate | 8.25% | NA | 8.20% | 8.50% | NA | 8.43% | 8.75% | NA |
| Effective Yield (% per Annum) | 8.24% | 8.25% | 8.51% | 8.50% | 8.50% | 8.76% | 8.74% | 8.75% |
| Amount on Maturity | Rs 1,000 | Rs 1,268 | Rs 1,000 | Rs 1,000 | Rs 1,504 | Rs 1,000 | Rs 1,000 | Rs 1,799.75 |
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 IIFL Home Finance 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 Secured NCDs have been rated “CRISIL AA/Stable” (stable outlook) for an amount of ₹50,000 million by CRISIL Ratings Limited and “BWR AA+/ Negative (Assigned)” (Negative outlook”) for an amount of ₹ 50,000 million by Brickwork Ratings India Private Limited.
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