Tata Capital NCD Aug 2019 FAQ's

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.

• NCD Base Issue Size: ₹500.00 Crores
• NCD Shelf Issue Size: ₹3,626.00 Crores

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

1. Minors without a guardian name
2. Foreign nationals
3. Persons resident outside India
4. Foreign Portfolio Investors
5. Foreign Venture Capital Investors
6. Qualified Foreign Investors
7. Overseas Corporate Bodies
8. Persons ineligible to contract under applicable statutory/regulatory requirements

You could check Tata Capital Financial Services 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 Tranche II Issue have been rated "CRISIL AAA / Stable" for an amount of up to Rs 7,50,000 lakh by CRISIL Limited vide its letter dated August 15, 2018, revalidated vide its letter dated August 27, 2018 and further revalidated by letter dated July 25, 2019 and have been rated "CARE AAA; Stable" for an amount up to Rs 7,50,000 lakh by CARE Ratings Limited vide its letter dated August 14, 2018, revalidated vide its letter dated August 27, 2018 and further revalidated by letter dated July 26, 2019. The ratings of the NCDs issued by CRISIL Limited indicate highest degree of safety regarding timely servicing of financial obligations.