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

Sep 10, 2018 - Sep 18, 2018

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 ₹ 455,537 lakh and ₹ 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 ₹ 2,185,108 lakh in Fiscal 2014 to ₹ 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 OpenSep 10, 2018 - Sep 18, 2018
Security NameTata Capital Financial Services Limited
Security TypeSecured, Redeemable, Non-Convertible Debentures (Secured NCDs) and/or Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs)
Issue Size (Base)Rs 7,500.00 Crores
Issue Size (Shelf)Rs [.] Crores
Issue PriceRs 1000 per NCD
Face ValueRs 1000 each NCD
Minimum Lot size10 NCD
Market Lot1 NCD
Listing AtBSE, NSE
Credit Rating
Tenor
Series
Payment Frequency
Basis of Allotment

NCD Allocation Ratio

Institutional Portion
Non-Institutional Portion
High Net Worth Individual Investors Portion
Retail Individual Investors Portion

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

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Tata Capital NCD September 2018 Reviews / Ratings

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

Karvy Computershare Private Limited   »  Report
   Karvy Registry House, 8-2-596, St. No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Email: einward.ris@karvy.com
Website: https://karisma.karvy.com/

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Tata Capital NCD September 2018 Review / Comments

avatar
13. bharati R Shah  Oct 8, 2018 20:21 Reply
Where I can show NCD prize.
avatar
12. Sher singh  Oct 2, 2018 17:37 Reply
My broker could not find this on browser
Plz Tell me Ticker or Isin no. Of tata finance NCD
How i find this NCD
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11. satinder  Oct 1, 2018 15:19 Reply
Listed at 982
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10. VinodKu  Sep 20, 2018 11:46 Reply
How do i get to know about the allotment? As it has already closed on 18th Sep 2018. Is there any date for allotment?
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10.1. Parag Pandit  Sep 27, 2018 14:25
I also have same question,how we know allotment status.
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10.2. Jaspreet Singh Oberoi  Sep 27, 2018 15:58
Possibly by 1st Oct. Usually takes max of 2 weeks after issue closure.
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10.3. Jaspreet Singh Oberoi  Sep 27, 2018 18:39
You should get SMS of debentures into your demat a/c by today or max tomorrow.
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10.4. Bhupender Singh  Sep 29, 2018 05:27
I applied 1000 and message and some interest also received im my accounts
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9. Sher singh  Sep 26, 2018 21:00 Reply
Listing kab he
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8. satinder  Sep 21, 2018 16:32 Reply
May list at discount, good opportunity to add
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7. Amit Pathak  Sep 16, 2018 14:09 Reply
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.
avatar
7.1. AnkurGoel  Sep 17, 2018 16:18
You will get 758 monthly payout.
avatar
6. AMDL  Sep 11, 2018 11:40 Reply
Will we get full allotment .. as retail portion looks overscribed.. or will it spill over to the 10L+ quota as it remains undersubscribed
avatar
6.1. SACH  Sep 11, 2018 13:24
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.
avatar
6.2. Navkant  Sep 12, 2018 17:56
Allotment on FCFS basis.
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5. Bhavesh bJ  Sep 8, 2018 20:34 Reply
Do the Interest/Dividend payout frequency can be availed monthly/quarterly ?
or it is yearly only
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5.1. AnkurGoel  Sep 10, 2018 12:27
Yearly in this issue.
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4. Jaggi  Sep 7, 2018 09:58 Reply
Will apply minimum. Interest rate not very high
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4.1. AnkurGoel  Sep 7, 2018 21:28
Interest is not high but security is very high. It is AAA rated bonds.
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3. Kashish Sarvaiya  Sep 6, 2018 10:32 Reply
I have not applied in NCD before can someone please explain what is NCD and how does it work?
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2. AnkurGoel  Sep 5, 2018 10:11 Reply
Two more issue lined with AAA ratings. Tata capital housing finance and Indiabulls Credit Finance.
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1. gundu anna  Sep 4, 2018 18:34 Reply
Good issue, one can apply! Discl: I will apply..



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