Zerodha (Trading Account)
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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 | April 10, 2019 |
| Issue Close | May 9, 2019 |
| Issue Size (Base) | ₹100.00 Crores |
| Issue Size (Shelf) | ₹50.00 Crores |
| Issue Price | ₹1000 per NCD |
| Listing At | BSE |
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 | April 10, 2019 |
| Bid/Offer Closes On | May 9, 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 | Series 10 | Series 11 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Cumulative | Monthly | Annually | Cumulative | Monthly | Annually | Cumulative | Monthly | Annually | Cumulative |
| Tenor | 24 Months | 24 Months | 36 Months | 36 Months | 36 Months | 48 Months | 48 Months | 48 Months | 61 Months | 61 Months | 61 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 1,335 | Rs 1,000 | Rs 1,000 | Rs 1,485 | Rs 1,000 | Rs 1,000 | Rs 1,673 |
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 Sakthi 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 by our Company have been rated by ICRA Limited ("ICRA"). ICRA has vide its letter no. RTG/Chen/109/18-19 dated February 11, 2019, assigned and vide its letter no. Reval/Chen/145/18-19 dated March 25, 2019 revalidated, a rating of "[ICRA] BBB (Stable)" for an amount up to Rs 15,000 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.
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