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National Housing Bank NCD (National Housing Bank NCD March 2014) Detail

March 7, 2014 - March 18, 2014
National Housing Bank Logo

National Housing Bank (NHB), a wholly owned subsidiary of Reserve Bank of India (RBI), was set up by an Act of Parliament in 1987. NHB is an apex financial institution for housing and engaged in promoting housing finance institutions both at local and regional levels and to provide financial and other support incidental to such institutions and for matters connected therewith. The Head Office of NHB is at New Delhi.

Offerings

Coupon rates for categories I, II and III (Non-Retail) is 8.25% for 10 yrs, 8.68% for 15 yrs and 8.65% for 20 yrs, and for category IV (Retail investors) it is 8.50% for 10 yrs, 8.93% for 15 yrs and 8.90% for 20 yrs.

National Housing Bank NCD March 2014 Detail

Issue Open March 7, 2014 - March 18, 2014
Security Name National Housing Bank
Security Type
Issue Size (Base) Rs 250.00 Crores
Issue Size (Shelf) Rs [.] Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 5 NCD
Market Lot 5 NCD
Listing At NSE
Credit Rating
Tenor
Series
Payment Frequency
Basis of Allotment First Come First Serve Basis

NCD Allocation Ratio

Category ? NCD's Allocated
Category 1 0%
Category 2 0%
Category 3 0%

Objects of the Issue

The funds raised through this Issue will be used for:

1. Finance their business operations;
2. Repay existing loans;
3. Business operations including capital expenditure;
4. Working capital requirements; and
5. Meeting expenses of the Issue.

Ratings

These instruments are rates as "CARE AAA" by CARE, "CRISIL/AAA Stable" by CRISIL and "ICRA/AAA (Stable)" by ICRA indicating highest degree of safety regarding timely servicing of financial obligations and carry lowest credit risk.

National Housing Bank NCD March 2014 Prospectus

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National Housing Bank NCD March 2014 Reviews

Company Contact Information

National Housing Bank
3rd � 5th Floor, Core- 5A,
India Habitat Centre,
Lodhi Road, New Delhi 110003

Phone: +91 (11) 2464 9031-35
Email: kchakravarthy@nhb.org.in
Website: http://www.nhb.org.in

National Housing Bank NCD March 2014 Registrar

Kfin Technologies Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: nhb.taxfree@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/

National Housing Bank NCD March 2014 Lead Manager(s)


2 Comments

2. K N Somaiya   I Like It. 3|  Link|March 9, 2014 2:30:08 PM
50/60 Rs..profit..+ Interest.....
1. K N Somaiya   I Like It. 1|  Link|March 9, 2014 2:28:52 PM
Apply Agressively....502/60 Rs.Profit Expected....

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