NCD News of National Highways Infra Trust NCD Oct 2022

National Highways Infra Trust is coming up with Public Issue of Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) of the face value of ₹1000 each, for an amount of ₹750.00 Crores ('Base Issue Size') with an option to retain oversubscription up to ₹750.00 Crores.

National Highways Infra Trust is a registered infrastructure investment trust under the InvIT Regulations. The company currently have a right to toll, operate and maintain a portfolio of five Initial Toll Roads in the Indian states of Gujarat, Rajasthan, Telangana and Karnataka, and intend to toll, operate and maintain a portfolio of three Target Toll Roads in the Indian states of, Telangana, Maharashtra, Uttar Pradesh and Madhya Pradesh under the Toll Operate Transfer ("TOT") model conceived by NHAI.

Allotment of the NCD's will be done on First Come First Serve Basis.

National Highways Infra Trust NCD Oct 2022 is rated PROVISIONAL CARE AAA;Stable by CARE Ratings and PROVISIONAL IND AAA/Stable’ by India Ratings and Research Private Ltd.

The issue opens on Oct 17, 2022 and closes for subscription on Nov 7, 2022. The shares of the company to be list at BSE, NSE.

The public issue of National Highways Infra Trust opens on Oct 17, 2022 and closes for subscription on Oct 18, 2022.

The National Highways Infra Trust NCD Oct 2022 are proposed to list at BSE, NSE.

Allotment of the NCD's will be done on First Come First Serve Basis.