[.]| Listing at BSE, NSE | Wed, Sep 27, 2023 - Thu, Oct 12, 2023
The Aditya Birla Finance NCD September 2023 issue opens on September 27, 2023 and closes on October 12, 2023. for the subscription.
Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day. The allotment is done on a First Come First Serve Basis.
| Bid/Offer Opens On | September 27, 2023 |
| Bid/Offer Closes On | October 12, 2023 |
Aditya Birla Finance Limited NCD Coupon Rates
| # | Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 |
|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Annual | Cumulative | Annual | Cumulative | Monthly | Annual |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 3 Years | 3 Years | 5 Years | 5 Years | 10 Years | 10 Years |
| Coupon (% per Annum) | 8.00% | NA | 8.05% | NA | 7.80% | 8.10% |
| Effective Yield (% per Annum) | 7.99% | 7.99% | 8.04% | 8.04% | 8.08% | 8.09% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,259.46 | Rs 1,000.00 | Rs 1,472.73 | Rs 1,000.00 | Rs 1,000.00 |
The following categories of persons are eligible to apply in the Issue:
The Aditya Birla Finance NCD September 2023 NCD issue size is ₹1,000.00 Cr.
Shares offered in Aditya Birla Finance NCD September 2023 are as below:
| Category 1 (QIB) | 2500000 |
| Category 2 | 2500000 |
| Category 3 (HNI) | 2500000 |
| Category 4 (Retail) | 2500000 |
No, NRI's are not eligible to apply in this Issue.
You could check Aditya Birla Finance NCD September 2023 NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).
Note that there is no official source of GMP Rate as they are over-the-counter transactions.
The NCD's are proposed to be listed on BSE, NSE.
Applicants are allocated NCD's on a First Come First Serve Basis.
You can check Aditya Birla Finance Ltd. allotment status on the registrar’s website using your PAN or application number, or on the BSE/NSE website under the debt issue section. If allotted, the NCDs will be credited to your demat account and visible through your broker.
It is hard to say at what price Aditya Birla Finance NCD September 2023 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.
The NCDs proposed to be issued pursuant to this Issue have been rated IND AAA Outlook Stable by India Ratings & Research Private Limited, and rated [ICRA]AAA (Stable) by ICRA Limited.
Sorry, we do not provide NCD recommendations. But we share a lot of information about Aditya Birla Finance NCD September 2023 which could help you with questions like Aditya Birla Finance NCD September 2023 buy or not? You should also read Aditya Birla Finance NCD September 2023 Analysis from experts and check the daily subscription status.
It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.
Aditya Birla Finance Ltd. NCD listing day gains are unpredictable as it depends on many factors on the day of listing. It depends on factors like the demand, the market situation on the day of listing, NCD issue size, etc.
