FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Issue Open | September 6, 2021 |
Issue Close | September 20, 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 | September 6, 2021 |
Bid/Offer Closes On | September 20, 2021 |
Record Date | |
Deemed Date of Allotment |
Series | Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 | Series 10 |
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Tenor | 24 Months | 24 Months | 24 Months | 36 Months | 36 Months | 36 Months | 60 Months | 60 Months | 87 Months | 87 Months |
Type of Instrument | Secured NCDs | Unsecured NCDs | ||||||||
Frequency of Interest Payment | Annual | Cumulative | Monthly | Annual | Cumulative | Monthly | Annual | Monthly | Annual | Monthly |
Coupon Rate (Retail) | 8.75% | NA | 8.42% | 9.00% | NA | 8.66% | 9.25% | 8.89% | 9.75% | 9.35% |
Effective Yield (%) | 8.75% | 8.75% | 8.75% | 9.00% | 9.00% | 9.00% | 9.25% | 9.25% | 9.75% | 9.75% |
Amount on Maturity | 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 | 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 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+ /Negative” (“BWR double A plus with negative outlook) by Brickwork Ratings India Private Limited.
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