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Friday, April 21, 2023

New Public Issue Of NCD

*New Public Issue Of NCD*

Issuer: *Cholamandalam Investment And Finance Company Limited*

Type Of Instrument: *Secured, Rated, Listed, Redeemable NCD*

Mode Of Issue: *Public Issue*

Rating: *ICRA AA+/Stable by ICRA and IND AA+/Stable by India Ratings & Research Private Limited*

Base Issue Size: *₹500 Cr*

Option to over subscription: *₹500 Cr*

Minimum Subscription: *₹375 Cr*

Face Value: *₹1000/NCD*

Minimum Application Size: *₹10,000*

*#Frequency Of Interest Payment For all categories of Investors#*

*22 Months*
Annual: 8.25%
Cumulative: 8.25% (₹1156.64)

*37 Months*
Annual: 8.30%
Cumulative: 8.30% (₹1279.15)

*60 Months*
Annual: 8.40%
Cumulative: 8.40% (₹1497.40)

*#Allocation Ratio#*

Institutional: 20%
Non-Institutional: 25%
HNI: 25%
Retail: 30%

*Issue Opening Date: April 25, 2023*
*Issue Closing Date: May 09, 2023*

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