Sakthi Fin NCD March 2020 FAQ's

Sakthi Fin NCD March 2020 Detail
Issue Open	March 13, 2020
Issue Close	April 30, 2020
Issue Size (Base)	₹100.00 Crores
Issue Size (Shelf)	₹200.00 Crores
Issue Price	₹1000 per NCD
Listing At	BSE

Sakthi Fin NCD March 2020 Date & Price

The Sakthi Fin NCD March 2020 issue opens on March 13, 2020, and closes on April 30, 2020, for the subscription.

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.

Sakthi Finance Ltd NCD IPO dates are as below:

Sakthi Fin NCD March 2020 Issue Timetable

Bid/Offer Opens On	March 13, 2020
Bid/Offer Closes On	April 30, 2020
Record Date
Deemed Date of Allotment

Sakthi Fin NCD March 2020 Draft Red Herring Prospectus (DRHP) PDF

Sakthi Fin NCD March 2020 Red Herring Prospectus (RHP) PDF

Sakthi Fin NCD March 2020 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

The frequency of payment for Sakthi Fin NCD March 2020 is Annual, Cumulative and Monthly.

No. Issues consist of Secured as well as Unsecured NCD's.

Each application should be for a minimum of 10 NCD's and multiples of 1 NCD thereof.

Sakthi Fin NCD March 2020 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until April 30, 2020. The bid may close earlier in case it is fully subscribed.

Coupon Rates for Eash Series

�	Series 1	Series 2	Series 3	Series 4	Series 5	Series 6	Series 7	Series 8	Series 9	Series 10	Series 11
Frequency of Interest Payment	Monthly	Cumulative	Monthly	Annually	Cumulative	Monthly	Annually	Cumulative	Monthly	Annually	Cumulative
Tenor	24 Months	24 Months	39 Months	39 Months	39 Months	49 Months	49 Months	49 Months	62 Months	62 Months	62 Months
Coupon Rate (Retail) For Category I & II/ for III & IV	9.50%	NA	9.75%	9.75%	NA	10%	10%	NA	10.25%	10.25%	NA
Amount on Maturity For Category I & II/ for III & IV	Rs 1,000	Rs 1,207	Rs 1,000	Rs 1,000	Rs 1,368	Rs 1,000	Rs 1,000	Rs 1,497	Rs 1,000	Rs 1,000	Rs 1,687

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 24 months/ 39 months/ 49 months/ 62 months.

Sakthi Fin NCD March 2020 Issue Size and Subscription Status

The Sakthi Fin NCD March 2020 consist of a base issue and a shelf issue.

NCD Base Issue Size: ₹100.00 Crores
NCD Shelf Issue Size: ₹200.00 Crores

Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.

Sorry, The number of shares offered in Sakthi Fin NCD March 2020 is not available at this time. Please revisit us for latest updates.

No, NRI's are not eligible to apply in this Issue.

Minors without a guardian name
Foreign nationals
Persons resident outside India
Foreign Portfolio Investors
Foreign Venture Capital Investors
Qualified Foreign Investors
Overseas Corporate Bodies
Persons ineligible to contract under applicable statutory/regulatory requirements

You could check Sakthi 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.

Sakthi Fin NCD March 2020 Allotment and Listing

The NCD's are proposed to be listed on BSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

The Sakthi Finance Ltd Allotment Status is not available online at this time.

The Sakthi Finance Ltd NCD listing data are not available. The date is published by the exchange a couple of days before the NCD listing.

It is hard to say at what price Sakthi Fin NCD March 2020 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Sakthi Finance Ltd NCD - Should I apply?

The NCDs proposed to be issued by our Company have been rated by ICRA Limited ("ICRA"). ICRA has vide its letter no RTG/Chen/132/19-20 dated February 18, 2020, assigned a rating of "[ICRA] BBB (Stable)" for an amount up to ` 20,000 lakh for the NCDs. The rating of the NCDs by ICRA indicates moderate degree of safety regarding timely servicing of financial obligations and carry moderate credit risk

Sorry, we do not provide NCD recommendations. But we share a lot of information about Sakthi Fin NCD March 2020 which could help you with questions like Sakthi Fin NCD March 2020 buy or not? You should also read Sakthi Fin NCD March 2020 Analysis from experts and check the daily subscription status.

It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.

Sakthi Finance Ltd NCD listing day gains are unpredictable as depends on many factors on the day listing. It depends on factors like the demand, the market situation on the day of listing, NCD Issue size etc.

Sakthi Fin NCD March 2020 FAQ's

Sakthi Fin NCD March 2020 Date & Price

When is Sakthi Fin NCD March 2020 public issue coming?

What is Sakthi Fin NCD March 2020 timetable?

Sakthi Fin NCD March 2020 Issue Timetable

Where can I get the Sakthi Fin NCD March 2020 issue prospectus pdf?

What is Sakthi Fin NCD March 2020 price? Tell me the pricing of Sakthi Finance Ltd NCD issue?

What is the face value of Sakthi Fin NCD March 2020?

What is the frequency of interest payment for Sakthi Fin NCD March 2020?

Does Sakthi Fin NCD March 2020 issue consist of Secured NCD's only?

What is the minimum application size for investment in Sakthi Fin NCD March 2020 public issue?

What is Sakthi Fin NCD March 2020 closing time?

What are the interest rates and benefits received under different categories for Sakthi Fin NCD March 2020?

Coupon Rates for Eash Series

What are the tenors of Sakthi Fin NCD March 2020 bonds?

Sakthi Fin NCD March 2020 Issue Size and Subscription Status

What is the base issue size of Sakthi Fin NCD March 2020?

How many Sakthi Finance Ltd NCD's are offered to retail investors?

Can NRI apply in the Sakthi Finance Ltd NCD IPO?

Who is not eligible to invest in the Sakthi Finance Ltd issue?

What is Sakthi Finance Ltd NCD IPO Gray Market Premium (GMP)?

Sakthi Fin NCD March 2020 Allotment and Listing

Which stock exchange are the Sakthi Finance Ltd NCD is proposed to be listed on?

What is the basis of allotment for Sakthi Fin NCD March 2020 issue? How will allocation happen in case of oversubscriptions?

Where do I check Sakthi Finance Ltd allotment status?

What is Sakthi Finance Ltd NCD listing date or trading date?

What is Sakthi Finance Ltd NCD expected listing price?

Sakthi Finance Ltd NCD - Should I apply?

What is the credit rating for the Sakthi Fin NCD March 2020?

Sakthi Finance Ltd NCD good or bad? Should you subscribe in Sakthi Fin NCD March 2020 or not?

Sakthi Fin NCD March 2020 should you apply? Sakthi Fin NCD March 2020 worth investing?

How much profit can I make in Sakthi Finance Ltd NCD issue's retail category?

Read more about Sakthi Fin NCD March 2020