Tag Archive for NCD

Aadhar Housing Finance Limited NCD Issue to open on September 14, 2018

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

(L-R): Mr. Sushil Budhia (Yes Bank Limited); Mr. Denzil Fernandes (Edelweiss Financial Services Limited); Mr. Rishi Anand (Chief Business Officer, Aadhar Housing Financial Limited); Mr. Deo Shankar Tripathi (Managing Director and Chief Executive Officer, Aadhar Housing Financial Limited); Mr. Anmol Gupta, Chief Financial Officer, Aadhar Housing Financial Limited); Ms. Hani Jalan (Trust Investment Advisors Pvt. Limited); Mr. Ahmed Masalawala (Axis Bank Limited) at the announcement of the Aadhar Housing Finance Limited public issue of Secured Redeemable Non-Convertible Debentures (NCDs).

Aadhar Housing Finance Limited (the “Company”), a deposit taking housing finance company registered with the NHB and focused on providing affordable housing financing products for the EWS and LIG segment in India, in tier 2 to tier 4 cities and towns, proposes to open public issue of Secured Redeemable Non-Convertible Debentures (“NCDs”) of face value of Rs. 1,000 on September 14, 2018, 1,40,00,000 for an amount of Rs. 50,000 lakhs (“Base Issue Size”) with an option to retain oversubscription up to Rs. 90,000 lakhs aggregating up to Rs. 1,40,000 lakhs (“Tranche 1 Issue Limit”) (“Tranche 1 Issue”). Read more

Tata Capital Financial Services Limited NCD Issue to open on September 10, 2018

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

Mr. Rajiv Sabharwal , Director, Tata Capital Financial Services Ltd. at the announcement of the Tata Capital Financial Services Ltd. Public Issue of NCDs.

Tata Capital Financial Services Limited (the “Company” or the “Issuer”), a Systemically Important Non – Deposit taking Non – Banking Financial Company focused on providing a broad suite of financing products customized to cater to the needs of various segments, proposes to open on September 10, 2018, a public issue of Secured, Redeemable, Non-Convertible Debentures of face value of Rs. 1,000 each (“Secured NCDs”) up to Rs. 6,00,000 lakh and Unsecured, Subordinated, Redeemable, Non-Convertible Debentures of face value of Rs. 1,000 each (“Unsecured NCDs”) up to Rs. 1,50,000 Lakh aggregating up to Rs. 7,50,000 Lakh (“Tranche I Issue”). The base issue size of Tranche I issue is Rs. 200,000 lakh with an option to retain oversubscription up to Rs. 750,000 lakh (“Shelf Limit”). Read more

JM Financial Credit Solutions Ltd. NCD Fully Subscribed on Day 1

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

JM Financial Credit Solutions Ltd. NCDs Issue fully subscribed with the Retail response of 3.17 times, HNI – 1.68 timesfollowed by QIB – 0.20 times, as of 4:25 PM on its first day itself.

 

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

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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

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

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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

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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

D.S. Kulkarni Developers Limited NCD Issue opens on August 4, 2014

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By Kaushal Punatar Mob: 09920183006 Email: indianshowbusiness@gmail.com

 

Left to right: Mr. Suneel Ghatpande, Mr. Abhay Chaudhari (SBI Capital Markets), Mr. D. S. Kulkarni (Chairman), Mr. Praveen Parasnis and Mr. Vijaykumar Bagadandi announcing the launch of D. S. Kulkarni Developers Ltd.’s NCD issue…

• Effective Yields ranging from 13.1% p.a. to 13.52% p.a.

• Women Investors ( First Holder), DSK Employees Existing Equity Shareholders, Senior Citizen, Servicemen and Ex-Servicemen, shall be eligible for the additional coupon of 0.25% on the NCDs that is allotted to them under Option I, III and IV. For such investors, Effective Yields will be ranging from 13.37% p.a. to 13.8% p.a.

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