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 | August 19, 2019 |
| Issue Close | September 11, 2019 |
| Issue Size (Base) | ₹100.00 Crores |
| Issue Size (Shelf) | ₹400.00 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 | August 19, 2019 |
| Bid/Offer Closes On | September 11, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | NA | Quarterly | Annual | NA | Monthly | Annual | NA | Monthly | Annual | NA |
| Nature | Secured | |||||||||
| Tenor | 1 year 1 month | 2 year | 3 year | 5 year | ||||||
| Coupon Rate For Category I, II and III | NA | 9.88% | 10.25% | NA | 9.95% | 10.40% | NA | 10.15% | 10.65% | NA |
| Amount on Maturity For Category I & II and III | Rs 1,109 | Rs 1,000 | Rs 1,000 | Rs 1,216 | Rs 1,000 | Rs 1,000 | Rs 1,346 | Rs 1,000 | Rs 1,000 | Rs 1,660 |
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 Srei Equipment 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.
The NCDs proposed to be issued under this Issue have been rated "BWR AA" (BWR Double A) (Outlook: Negative) by Brickwork Ratings India Private Limited ("BRICKWORK") pursuant to letter dated July 05, 2019 and
further revalidated by letters dated July 19, 2019 and August 06, 2019 and Acuite AA- (Acuite double A minus) by "Acuite Rating Limited" ("ACUITE") pursuant to letter dated July 30, 2019. Instruments with a rating of "BWR AA" (BWR Double A) (Outlook: Negative) by BRICKWORK and Acuite AA- (Acuite double A minus) by Acuite are considered to have high degree of safety regarding timely servicing of financial obligations and carry very low credit risk.
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