[.]| Listing at BSE, NSE | Tue, Apr 19, 2022 - Tue, May 10, 2022
The Dhani Loans and Services NCD April 2022 issue opens on April 19, 2022 and closes on May 10, 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 | April 19, 2022 |
| Bid/Offer Closes On | May 10, 2022 |
| Series | I | II | III | IV | V | VI | VII | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Nature | Secured NCDs | |||||||||
| Tenure | 370 Days | 24 months | 24 Months | 24 months | 36 months | 36 months | 36 months | |||
| Frequency of Interest Payment | Cumulative | Annual | Cumulative | Monthly | Annual | Cumulative | Monthly | |||
| Coupon (% per annum) for NCD Holders | NA | 10.50% | NA | 10.03% | 11.00% | NA | 10.49% | |||
| Effective Yield for NCD Holders | 10.00% | 10.49% | 10.50% | 10.50% | 10.99% | 11.00% | 11.00% | |||
| Amount (Rs./ NCD) on maturity | 1,101.44 | 1,000.00 | 1,221.36 | 1,000.00 | 1,000.00 | 1,368.05 | 1,000.00 | |||
The following categories of persons are eligible to apply in the Issue:
The Dhani Loans and Services NCD April 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 Dhani Loans and Services NCD April 2022 are as below:
| Category 1 (QIB) | 300000 |
| Category 2 | 100000 |
| Category 3 (HNI) | 300000 |
| Category 4 (Retail) | 300000 |
No, NRI's are not eligible to apply in this Issue.
You could check Dhani Loans and Services NCD April 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 Dhani Loans & Services 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 Dhani Loans and Services NCD April 2022 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.
The NCD worth Rs. 10000 million has been rated as IVR AA/ Stable Outlook by Infomerics Valuation and Rating Private Limited. The instrument with such a rating is expected to have a Stable Outlook.
Sorry, we do not provide NCD recommendations. But we share a lot of information about Dhani Loans and Services NCD April 2022 which could help you with questions like Dhani Loans and Services NCD April 2022 buy or not? You should also read Dhani Loans and Services NCD April 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.
Dhani Loans & Services 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.
