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Showing posts with label New Public Issue Of NCD. Show all posts
Showing posts with label New Public Issue Of NCD. Show all posts

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*