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Tata Capital Housing Finance Ltd NCD (Tata Capital Housing NCD Jan 2020) Detail

Jan 7, 2020 - Jan 8, 2020
Tata Capital Housing Finance Ltd Logo

Incorporated in 2008, Tata Capital Housing Finance Ltd is a non-deposit taking housing finance company. It is a wholly owned subsidiary of Tata Capital Financial Services Limited (TCFSL) which provides a range of financial products to corporates and consumers.

As on 30 Sept 2019, it has 88 branches across Tier I, Tier II and Tier III cities in India. The key focus areas of Tata Capital Housing Finance Ltd are:

1. Affordable housing to Tier II and Tier III cities
2. Leveraging the 'Tata' brand
3. Increasing alternate business channels

Key Strengths

1. Unified financial services platform
2. Prudent credit and information technology policies
3. A diverse funding portfolio
4. Pan-India presence

Tata Capital Housing NCD Jan 2020 Detail

Issue Open Jan 7, 2020 - Jan 8, 2020
Security Name Tata Capital Housing Finance Ltd
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) and/or Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs)
Issue Size (Base) Rs 500.00 Crores
Issue Size (Shelf) Rs 5,000.00 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 CRISIL AAA/ Stable, ICRA AAA/ stable
Tenor 36 months/ 60 months/ 96 months/ 120 months
Series

Series I to Series VI

Payment Frequency Monthly and Annual
Basis of Allotment First Come First Serve Basis

NCD Allocation Ratio

Category ? NCD's Allocated
Category 1 10%
Category 2 10%
Category 3 40%
Category 4 40%

NCD's Offered by Category

Category ? NCD's Reserved
Category 1 500,000
Category 2 500,000
Category 3 2,000,000
Category 4 2,000,000
Total NCD's 5,000,000

Coupon Rates for Eash Series

  Series 1 Series 2 Series 3 Series 4 Series 5 Series 6
Frequency of Interest Payment Annually Monthly Annually Monthly Annually Annually
Tenor 36 Months 60 Months 60 Months 96 Months 96 Months 120 Months
Coupon Rate (Retail) for Category I & II 8.00% 7.92% 8.20% 8.01% 8.30% 8.55%
Coupon Rate (Retail) for Category III & IV 8.10% 8.01% 8.30% 8.10% 8.40% 8.70%
Amount on Maturity Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000

NCD Rating

The NCDs proposed to be issued pursuant to this Issue have been rated "CRISIL AAA/Stable" by CRISIL for an amount of up to ? 5,00,000 lakh and have been rated "[ICRA] AAA (stable)" by ICRA for an amount of up to ? 5,00,000 lakh. The rating of the NCDs by ICRA indicates highest degree of safety regarding timely servicing of financial obligations.

Company Promoters

Tata Capital Limited is the promoter of the company.

Objects of the Issue

Tata Capital Housing Finance Ltd proposes to utilise the funds towards funding the following objects:

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

Tata Capital Housing NCD Jan 2020 Prospectus

Tata Capital Housing NCD Jan 2020 Rating

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Tata Capital Housing NCD Jan 2020 Reviews

Company Contact Information

Tata Capital Housing Finance Ltd
11th Floor, Tower A,
Peninsula Business Park, Ganpatrao Kadam Marg,
Lower Parel, Mumbai 400 013

Phone: (+91 22) 6606 9000
Email: tchflncdcompliance@tatacapital.com
Website: https://www.tatacapital.com/

Tata Capital Housing NCD Jan 2020 Registrar

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

Phone: 04067162222, 04079611000
Email: tchfl.ncd@kfintech.com
Website: https://karisma.kfintech.com/

Tata Capital Housing NCD Jan 2020 Lead Manager(s)


8 Comments

8. Jaspreet Singh Oberoi  Jan 15, 2020 8:44:05 AM
Debentures credited and money debited.
7. Enjoyjack  Jan 6, 2020 8:18:38 AM
I am first time investor in NCD. Can someone help me on how to apply for this NCD
6. Regulagedda Ambica Prasad  Jan 9, 2020 12:47:24 PM
Issue was closed yesterday
5. Regulagedda Ambica Prasad  Jan 8, 2020 8:11:20 AM
May close early in a day or two due to 3.5 times over subscription so far
4. Vimal Garodia  Jan 6, 2020 9:52:13 AM
One can invest through a broker or through online ASBA option of a bank..minimum investment is 10000 Rs....
3. PRAFULDURAI  Jan 5, 2020 3:58:48 PM
What is the minimum amount to be invested.
2. Safe Player  Jan 5, 2020 12:20:02 AM
Rarely u see unsecured debentures being offered to retailer investors, but in this case, it is
1. Regulagedda Ambica Prasad  Jan 2, 2020 12:52:48 PM
Applying based on past track record