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Chemmanur Credits and Investments NCD Dec 2022 Detail
Issue Open December 14, 2022
Issue Close January 6, 2023
Issue Size (Base) ₹50.00 Crores
Issue Size (Shelf) ₹50.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

Chemmanur Credits and Investments NCD Dec 2022 Date & Price

The Chemmanur Credits and Investments NCD Dec 2022 issue opens on December 14, 2022, and closes on January 6, 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.

Chemmanur Credits and Investments Limited NCD IPO dates are as below:

Chemmanur Credits and Investments NCD Dec 2022 Issue Timetable

Bid/Offer Opens OnDecember 14, 2022
Bid/Offer Closes OnJanuary 6, 2023
Record Date
Deemed Date of Allotment

Sorry, Chemmanur Credits and Investments NCD Dec 2022 DRHP PDF Document is not available at this time.

Chemmanur Credits and Investments NCD Dec 2022 Red Herring Prospectus (RHP) PDF

Chemmanur Credits and Investments NCD Dec 2022 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

The frequency of payment for Chemmanur Credits and Investments NCD Dec 2022 is Monthly and Cumulative.

Each application should be for a minimum of 10 NCD's and multiples of 1 NCD thereof.

Chemmanur Credits and Investments NCD Dec 2022 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until January 6, 2023. The bid may close earlier in case it is fully subscribed.

Coupon Rates

  Series 1 Series 2 Series 3 Series 4 Series 5 Series 6 Series 7 Series 8
Frequency of Interest Payment Monthly Monthly Monthly Monthly Monthly Cumulative Cumulative Cumulative
Nature Secured
Tenor 366 days 18 months 24 months 36 months 60 months 24 months 36 months 74 months
Coupon Rate (Retail) 9.50% 10.50% 10.75% 11.00% 11.50% NA NA NA
Effective Yield (% per Annum) 9.92% 11.02% 11.30% 11.57% 12.13% 10.75% 11.00% 11.90%
Amount on Maturity Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,227 Rs 1,368 Rs 2,000

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 366 days, 18, 24, 36, 60 and 74 Months.

Chemmanur Credits and Investments NCD Dec 2022 Issue Size and Subscription Status

The Chemmanur Credits and Investments NCD Dec 2022 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹50.00 Crores
  • NCD Shelf Issue Size: ₹50.00 Crores

Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.

Sorry, The number of shares offered in Chemmanur Credits and Investments NCD Dec 2022 is not available at this time. Please revisit us for latest updates.

No, NRI's are not eligible to apply in this Issue.

  1. Minors without a guardian name
  2. Foreign nationals
  3. Persons resident outside India
  4. Foreign Portfolio Investors
  5. Foreign Venture Capital Investors
  6. Qualified Foreign Investors
  7. Overseas Corporate Bodies
  8. Persons ineligible to contract under applicable statutory/regulatory requirements

You could check Chemmanur Credits and Investments Limited 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.

Chemmanur Credits and Investments NCD Dec 2022 Allotment and Listing

The NCD's are proposed to be listed on BSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

Click here to check Chemmanur Credits and Investments Limited Allotment Status.

The Chemmanur Credits and Investments Limited NCD listing data are not available. The date is published by the exchange a couple of days before the NCD listing.

It is hard to say at what price Chemmanur Credits and Investments NCD Dec 2022 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Chemmanur Credits and Investments Limited NCD - Should I apply?

The NCDs proposed to be issued under the Issue have been rated 'CRISIL BBB-/Stable' (pronounced as CRISIL triple B minus rating with Stable outlook) by CRISIL Ratings Limited.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Chemmanur Credits and Investments NCD Dec 2022 which could help you with questions like Chemmanur Credits and Investments NCD Dec 2022 buy or not? You should also read Chemmanur Credits and Investments NCD Dec 2022 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.

Chemmanur Credits and Investments Limited NCD listing day gains are unpredictable as depends on many factors on the day listing. It depends on factors like the demand, the market situation on the day of listing, NCD Issue size etc.