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Issue Open | September 5, 2022 |
Issue Close | September 22, 2022 |
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 | September 5, 2022 |
Bid/Offer Closes On | September 22, 2022 |
Record Date | |
Deemed Date of Allotment |
Options | I | II | III | IV | V | VI | VII | VIII | ||
---|---|---|---|---|---|---|---|---|---|---|
Nature | Secured NCDs | |||||||||
Tenure | 24 months | 24 months | 24 Months | 36 months | 36 months | 36 months | 60 months | 60 months | ||
Frequency of Interest Payment | Annual | Cumulative | Monthly | Annual | Cumulative | Monthly | Annual | Monthly | ||
Minimum Application | 10,000 (10 NCDs) | |||||||||
In Multiples of | 1 NCD after minimum application | |||||||||
Face Value of NCDs (Rs /NCD) | Rs 1000 (1 NCD) | |||||||||
Issue Price (Rs /NCD) | Rs 1000 (1 NCD) | |||||||||
Mode of Interest Payment/Redemption | Through various modes available | |||||||||
Coupon (% per annum) for NCD Holders in Category I & II | 8.65% | NA | 8.33% | 8.80% | NA | 8.47% | 9.05% | 8.70% | ||
Coupon (% per annum) for NCD Holders in Category III & IV | 9.05% | NA | 8.70% | 9.30% | NA | 8.94% | 9.55% | 9.15% | ||
Coupon Type | NA | |||||||||
Redemption Amount (₹ /NCD) on Maturity for NCD Holders in Category I & II (%) | 1,000 | 1,180.75 | 1,000 | 1,000 | 1,288.21 | 1,000 | 1,000 | 1,000 | ||
Redemption Amount (₹ /NCD) on Maturity for NCD Holders in Category III & IV (%) | 1,000 | 1,189.47 | 1,000 | 1,000 | 1,306.07 | 1,000 | 1,000 | 1,000 | ||
Effective Yield for NCD Holders in Category I & II (%) | 8.64% | 8.65% | 8.65% | 8.79% | 8.80% | 8.79% | 9.04% | 9.05% | ||
Effective Yield for NCD Holders in Category III & IV(%) | 9.04% | 9.05% | 9.05% | 9.29% | 9.30% | 9.31% | 9.54% | 9.54% | ||
Put and Call Option | NA |
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 Housing 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.
The NCDs proposed to be issued under this Issue have been rated CRISIL AA/Stable" by CRISIL Ratings Limited and ICRA AA by ICRA Limited with such ratings considered to have a stable outlook.
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