NCD News of Sakthi Finance NCD April 2023

Sakthi Finance Limited 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 ₹100.00 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹200.00 Crores.

Incorporated in 1955, Sakthi Finance Limited, a part of Sakthi Group of companies based in Coimbatore, South India, is an investment and credit company with a primary focus on financing pre-owned commercial vehicles.

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

Sakthi Finance NCD April 2023 is rated ICRA BBB (Stable).

The issue opens on Apr 17, 2023 and closes for subscription on Apr 28, 2023. The shares of the company to be list at BSE.

The public issue of Sakthi Finance Limited opens on Apr 17, 2023 and closes for subscription on Apr 28, 2023.

The Sakthi Finance NCD April 2023 are proposed to list at BSE.

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