[.]| Listing at BSE, NSE | Mon, Nov 14, 2022 - Thu, Nov 17, 2022
The CreditAccess Grameen NCD 2022 issue opens on November 14, 2022 and closes on November 17, 2022. 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 | November 14, 2022 |
| Bid/Offer Closes On | November 17, 2022 |
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 | ||
The following categories of persons are eligible to apply in the Issue:
The CreditAccess Grameen NCD 2022 consists of a base issue and a shelf issue.
Note that the Shelf issue is an option to retain oversubscription up to the shelf issue size over and above the base issue.
Shares offered in CreditAccess Grameen NCD 2022 are as below:
| Category 1 (QIB) | 625000 |
| Category 2 | 875000 |
| Category 3 (HNI) | 375000 |
| Category 4 (Retail) | 625000 |
No, NRI's are not eligible to apply in this Issue.
You could check CreditAccess Grameen NCD 2022 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 CreditAccess Grameen 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 CreditAccess Grameen NCD 2022 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 under this Tranche I Issue have been rated IND AA-/Stable for an amount of Rs. 1500 Crores by India Ratings & Research Private Limited.
Sorry, we do not provide NCD recommendations. But we share a lot of information about CreditAccess Grameen NCD 2022 which could help you with questions like CreditAccess Grameen NCD 2022 buy or not? You should also read CreditAccess Grameen NCD 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.
CreditAccess Grameen 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.
