Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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| Issue Open | November 14, 2022 |
| Issue Close | November 17, 2022 |
| Issue Size (Base) | ₹250.00 Crores |
| Issue Size (Shelf) | ₹1,500.00 Crores |
| Issue Price | ₹1000 per NCD |
| Listing At | BSE, NSE |
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 | November 14, 2022 |
| Bid/Offer Closes On | November 17, 2022 |
| Record Date | |
| Deemed Date of Allotment |
Coupon Rates
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | |||
|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | ||
| Nature | Secured | |||||||
| Tenor | 24 months | 24 months | 36 months | 36 months | 60 months | 60 months | ||
| Coupon Rate (Retail) | 9.45% | NA | 9.60% | NA | 10.00% | NA | ||
| Effective Yield (% per Annum) | 9.83% | 9.83% | 10.02% | 10.02% | 10.46% | 10.46% | ||
| Amount on Maturity | Rs 1,000 | Rs 1,206.57 | Rs 1,000 | Rs 1,332.07 | Rs 1,000 | Rs 1,644.91 | ||
Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.
You could check CreditAccess Grameen 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.
The NCDs proposed to be issued under this Tranche I Issue have been rated IND AA-/Stable for an amount of Rs. 1500 Crores by India Ratings & Research Private Limited.
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