FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
Issue Open | May 30, 2019 |
Issue Close | June 21, 2019 |
Issue Size (Base) | ₹1,000.00 Crores |
Issue Size (Shelf) | ₹3,000.00 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 | May 30, 2019 |
Bid/Offer Closes On | June 21, 2019 |
Record Date | |
Deemed Date of Allotment |
Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 | |
---|---|---|---|---|---|---|---|---|---|
Frequency of Interest Payment | NA | Annually | NA | Monthly | Annually | NA | Monthly | Annually | NA |
Tenor | 400 days | 24 months | 24 months | 36 months | 36 months | 36 months | 60 months | 60 months | 60 months |
Coupon Rate | NA | 10.27% | NA | 9.95% | 10.41% | NA | 10.13% | 10.61% | NA |
Amount on Maturity | Rs 1,110.10 | Rs 1,000 | Rs 1,215.83 | Rs 1,000 | Rs 1,000 | Rs 1,345.94 | Rs 1,000 | Rs 1,000 | Rs 1,655.83 |
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 Indiabulls Consumer Finance Limited 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.
Indiabulls Consumer Finance Limited listing date is July 1, 2019.
The regular trading starts at 10 AM on listing day.
BSE and NSE allow pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/modify/cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session.
The NCDs proposed to be issued under this Issue have been rated CARE AA; Stable (pronounced as Double A; Outlook: Stable), for an amount of Rs 30,000 million by CARE Ratings Limited vide their letter no. CARE/HO/RL/2018-19/4260 dated December 28, 2018. Further, they have been rated BWR AA+ (pronounced as BWR Double A Plus) (Outlook: Stable), for an amount of Rs 30,000 million by Brickwork Ratings India Private Limited vide their letter no. BWR/NCD/HO/ERC/RB/0615/2018-19 dated January 4, 2019 and instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations and carry very low credit risk.
Useful Articles
Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|