Tag Archive for issue

JM Financial Credit Solutions Rs. 750cr NCD Issue oversubscribed 2.19 times

Share/Bookmark

By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Mr. Shashwat Belapurkar, CEO, JM Financial Credit Solutions Limited, said, “We are overwhelmed by the response to JM Financial Credit Solutions Ltd.’s maiden Public Issue of NCDs, which also has the distinction of being the first from the JM Financial Group. Overall, the Public Issue of NCDs (including Greenshoe Option) was oversubscribed 2.19 times leading to a total subscription of Rs. 1,646 crore. Retail Investors (Category IV) and HNIs (Category III) have invested a total amount of around Rs. 1,468 crore, which is more than total NCD Issue size of Rs. 750 crore (including Greenshoe Option). The oversubscription of over 3.6 times in the Retail Investors category justifies our higher proportion of 30% allocation ratio to Retail Investors in the basis of allotment. The success of our NCD Public Issue sets a new benchmark for a wholesale NBFC such as JMFCSL that provides integrated financial solutions to real estate developers with a focus on residential project financing. This is a testimony to the success of the transformational changes in the real estate sector and will further deepen the Indian debt markets inviting meaningful long term wider public participation in debt offerings from wholesale NBFCs.” Read more

JM Financial Credit Solutions Limited NCD Issue to open on May 28, 2018

Share/Bookmark

By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

C:\Work Files\Artwork\JM logo.png

Mr. Shashwat Belapurkar, Chief Executive Officer, JM Financial Credit Solution Limited while addressing the media during the press conference held in Mumbai

JM Financial Credit Solutions Limited (the “Company”), the NBFC arm of the JM Financial Group providing integrated financial solutions to real estate developers, proposes to open on May 28, 2018, a public issue of secured, rated, listed redeemable, Non-Convertible Debentures of face value of Rs. 1,000 each (“Secured NCDs”) with a Base Issue size of Rs. 300 crore with an option to retain oversubscription upto Rs. 450 crore aggregating upto Rs. 750 crore (“Tranche I Issue”), which is within the Shelf Limit of Rs. 2,000 crore. Read more

DHFL NCD Issue opens on May 22, 2018

Share/Bookmark

By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

(L-R): Mr. Ashish Sable (SBI Capital Markets Ltd.); Ms. Aditi Mittal (A.K.Capital Services Ltd.); Mr. Santosh Sharma (CFO, DHFL); Mr. Kapil Wadhawan (CMD, DHFL); Mr. Harshil Mehta (Jt. Managing Director & CEO, DHFL); Ms. Nipa Sheth (Trust Investment Advisors Pvt. Ltd.); Mr. Sachin Chandiwal ( Yes Securities (India) Ltd.); Mr. Ajay Manglunia (Edelweiss Financial Services Ltd.) at the press conference to announce the DHFL NCD.

Dewan Housing Finance Corporation Limited (“DHFL” or the “Company”), one of India’s leading private sector housing finance companies registered with National Housing Bank (NHB), proposes to open on May 22, 2018, a public issue of up to 12 crore secured redeemable Non-Convertible Debentures (“NCD”) of face value of Rs. 1,000 each, for an amount of Rs. 3,000 crore (“Base Issue Size”) with an option to retain oversubscription of up to Rs. 9,000 crore aggregating up to Rs. 12,000 crore (“Tranche 1 Issue Limit”) (“Tranche 1 Issue”) and is being offered by way of the Tranche 1 Prospectus dated May 14, 2018, containing, Inter Alia, the terms and conditions of this Tranche 1 Issue (“Tranche 1 Prospectus”), which should be read together with the Shelf Prospectus dated May 14, 2018 (“Shelf Prospectus”) filed with the Registrar of Companies, Maharashtra, Mumbai (“ROC”), Stock Exchanges and Securities and Exchange Board of India (“SEBI”). The Shelf Prospectus and this Tranche 1 Prospectus constitutes the Prospectus (“Prospectus”). Read more

Kim Kardashian West graces the cover of Vogue India March 2018 in an India Exclusive issue

Share/Bookmark

By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Couture tulle saree-dress with looping hoodie, belt, bangles; all @jpgaultierofficial

Kim Kardashian West is wearing a grey sweatshirt, her hair pulled back tight to reveal a face that is both younger and slightly more tired looking than its glammed-up version. I’m endeared by how visibly excited she grows when she talks about her Vogue India shoot in LA, “The saris, the jewellery, the clothes—everything was so beautiful!” she says. “I told my show that we have to figure out how to get to India”—and also, I realise, her easy-going ordinariness. Funny, warm and self-effacing, Kardashian is comfortable in her skin and a good listener. Talking to her is as easy as talking to a friend’s sister. Read more

Daisy Shah featured on the cover page of the Buddylife Magazine January 2018 issue

Share/Bookmark

By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Daisy Shah featured on the cover page of the Buddylife Magazine January 2018 issue. Read more