Zerodha (Trading Account)
FREE Equity Delivery and MF
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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 9, 2021 |
| Issue Close | December 31, 2021 |
| Issue Size (Base) | ₹200.00 Crores |
| Issue Size (Shelf) | ₹800.00 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 9, 2021 |
| Bid/Offer Closes On | December 31, 2021 |
| Record Date | |
| Deemed Date of Allotment |
| Series | 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 | Monthly |
| Minimum Application | ₹ 10,000 (10 NCDs) across all Series | |||||||
| Face Value/ Issue Price of NCDs (₹/ NCD) | ₹ 1000 | |||||||
| In Multiples of thereafter (₹) | ₹ 1,000 (1 NCD) | |||||||
| Type of Instrument | Secured NCDs | |||||||
| Tenor | 24 Months | 24 Months | 24 Months | 36 Months | 36 Months | 36 Months | 60 Months | 60 Months |
| Coupon (% per annum) for NCD Holders in Category I & II | 8.35% | NA | 8.05% | 8.50% | NA | 8.20% | 8.75% | 8.43% |
| Coupon (% per annum) for NCD Holders in Category III & IV | 8.75% | NA | 8.42% | 9.00% | NA | 8.66% | 9.25% | 8.89% |
| Effective Yield (per annum) for NCD Holders in Category I & II (%) | 8.35% | 8.35% | 8.36% | 8.49% | 8.50% | 8.51% | 8.75% | 8.76% |
| Effective Yield (per annum) for NCD Holders in Category I & II (%) | 8.75% | 8.75% | 8.75% | 8.99% | 9.00% | 9.00% | 9.24% | 9.26% |
| Mode of Interest Payment | Through various modes available | |||||||
| Amount (₹ / NCD) on Maturity for NCD Holders in Category I & II | Rs 1,000.00 | Rs 1,174.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,277.60 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 |
| Amount (₹ / NCD) on Maturity for NCD Holders in Category I & II | Rs 1,000.00 | Rs 1,182.70 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,295.35 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 |
| Maturity / Redemption Date (Years from the Deemed Date of Allotment) | 24 Months | 24 Months | 24 Months | 36 Months | 36 Months | 36 Months | 60 Months | 60 Months |
| Put and Call Option | Not Applicable | |||||||
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 issue have been rated “CRISIL AA/Stable” (double A rating with stable outlook) by CRISIL Ratings Limited and, “BWR AA+ /Stable” (“BWR double A plus with stable outlook) by Brickwork Ratings India Private Limited.
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