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Tata Capital Financial Services Limited NCD (Tata Capital NCD September 2018) Detail

September 10, 2018 - September 18, 2018
Tata Capital Financial Services Limited Logo

Incorporated in 2010, Tata Capital Financial Services Limited (TCFSL) is a Systemically Important Non-Deposit taking Non-Banking Financial Company (NBFC). The company provides a range of financial products to corporates and consumers-

Corporate Finance- Term loans, working capital term loans, channel finance, bill discounting, construction equipment finance, leasing solutions, lease rental discounting, promoter finance and structured products.

Consumer finance- Car and two-wheeler loans, commercial vehicle loans, tractor loans, business loans, loans against property, personal loans, consumer durable loans and loans against securities.

The company is a wholly owned subsidiary of TCL, the financial services arm of the Tata group.

The total income and PAT of the Company stood at Rs 455,537 lakh and Rs 48,258 lakh respectively for 2018. The income from operations registered a CAGR of 13.11% in Fiscal 2018 and PAT a CAGR of 29.40%. The loan and advances outstanding of the Company grew by 14.01% from Rs 2,185,108 lakh in Fiscal 2014 to Rs 3,691,324 lakh in Fiscal 2018.

The company operates an extensive a network of 134 offices spanning across 23 states.

Tata Capital NCD September 2018 Detail

Issue Open September 10, 2018 - September 18, 2018
Security Name Tata Capital Financial Services Limited
Security Type
Issue Size (Base) Rs 7,500.00 Crores
Issue Size (Shelf) Rs [.] Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 10 NCD
Market Lot 1 NCD
Listing At BSE, 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%

Company Promoters

The company is promoted by Tata Capital Limited (TCL). TCL has interests in the following entities that are engaged in businesses similar to TCFSL and this may result in potential conflicts of interest with TCFSL.
i) Tata Capital Housing Finance Limited; and
ii) Tata Cleantech Capital Limited

Objects of the Issue

The Objects Of The Issue are-

1. For the purpose of onward lending, financing, and for repayment /prepayment of interest and principal of existing borrowings of TCFSL
2. General Corporate Purposes

Ratings

This issue is rated CRISIL/AAA-Stable by CRISIL and CARE/AAA-Stable by CARE. The ratings of the NCDs indicate the highest degree of safety regarding timely servicing of financial obligations.

Offerings

The company offers coupon rates ranging from 8.7% - 9.10% depending on the tenures and the mode of interest payments is yearly.

Useful Links

Tata Capital NCD September 2018 Prospectus

Tata Capital NCD September 2018 Rating

52
4.3
Rating:Rated 4.3 stars
Vote Here ...

Tata Capital NCD September 2018 Reviews

Company Contact Information

Tata Capital Financial Services Limited
11th Floor, Tower A,
Peninsula Business Park, Ganpatrao Kadam Marg
Lower Parel, Mumbai - 400013

Phone: (+91 22) 6606 9000
Email: compliance.ncd@tatacapital.com
Website: http://www.tatacapital.com/

Tata Capital NCD September 2018 Registrar

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

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

Tata Capital NCD September 2018 Lead Manager(s)


12 Comments

12. bharati R Shah     Link|October 8, 2018 8:21:21 PM
Where I can show NCD prize.
11. Sher singh     Link|October 2, 2018 5:37:47 PM
My broker could not find this on browser
Plz Tell me Ticker or Isin no. Of tata finance NCD
How i find this NCD
10. satinder     Link|October 1, 2018 3:19:55 PM
Listed at 982
9. VinodKu     Link|September 20, 2018 11:46:36 AM
How do i get to know about the allotment? As it has already closed on 18th Sep 2018. Is there any date for allotment?
9.3. Jaspreet Singh Oberoi     Link|September 27, 2018 6:39:42 PM
You should get SMS of debentures into your demat a/c by today or max tomorrow.
9.4. Bhupender Singh     Link|September 29, 2018 5:27:44 AM
I applied 1000 and message and some interest also received im my accounts
8. Sher singh     Link|September 26, 2018 9:00:05 PM
Listing kab he
7. satinder     Link|September 21, 2018 4:32:35 PM
May list at discount, good opportunity to add
6. Amit Pathak     Link|September 16, 2018 2:09:50 PM
Can any expert guide me over here about this ncd

Suppose I have 100 lot of TCFSL NCD Rs 1 lac with coupon rate 9.10% monthly pay out.

So that means
I will get 910 INR per month till 10 years and there is no any effect of market fluctuation.
6.1. AnkurGoel     Link|September 17, 2018 4:18:15 PM
You will get 758 monthly payout.
5. AMDL     Link|September 11, 2018 11:40:36 AM
Will we get full allotment .. as retail portion looks overscribed.. or will it spill over to the 10L+ quota as it remains undersubscribed
5.1. SACH     Link|September 11, 2018 1:24:52 PM
I got a message in Kotak Security that there were no live NCDs available to apply. Looks like This one got fully subscribed within hours or minutes :(
All the best to you.
5.2. Navkant     Link|September 12, 2018 5:56:56 PM
Allotment on FCFS basis.
4. Bhavesh bJ     Link|September 8, 2018 8:34:13 PM
Do the Interest/Dividend payout frequency can be availed monthly/quarterly ?
or it is yearly only
4.1. AnkurGoel     Link|September 10, 2018 12:27:09 PM
Yearly in this issue.
3. Jaggi     Link|September 7, 2018 9:58:43 AM
Will apply minimum. Interest rate not very high
3.1. AnkurGoel     Link|September 7, 2018 9:28:42 PM
Interest is not high but security is very high. It is AAA rated bonds.
2. AnkurGoel     Link|September 5, 2018 10:11:50 AM
Two more issue lined with AAA ratings. Tata capital housing finance and Indiabulls Credit Finance.
1. gundu anna     Link|September 4, 2018 6:34:23 PM
Good issue, one can apply! Discl: I will apply..

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