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Dhani Loans and Services NCD April 2022 Detail
Issue Open Apr 19, 2022
Issue Close May 10, 2022
Issue Size (Base) ₹100.00 Crores
Issue Size (Shelf) ₹100.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE, NSE

Dhani Loans and Services NCD April 2022 Date & Price

The Dhani Loans and Services NCD April 2022 issue opens on Apr 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.

Dhani Loans and Services Limited NCD IPO dates are as below:

Dhani Loans and Services NCD April 2022 Issue Timetable

Bid/Offer Opens OnApr 19, 2022
Bid/Offer Closes OnMay 10, 2022
Record Date
Deemed Date of Allotment

Dhani Loans and Services NCD April 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 Dhani Loans and Services NCD April 2022 is Monthly, Annual and Cumulative.

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

Dhani Loans and Services NCD April 2022 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until May 10, 2022. The bid may close earlier in case it is fully subscribed.

Coupon Rates for Each Series

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 NCD's have a fixed maturity date. The date of maturity of the NCD's is 370 days, 24 months and 36 months.

Dhani Loans and Services NCD April 2022 Issue Size and Subscription Status

The Dhani Loans and Services NCD April 2022 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹100.00 Crores
  • NCD Shelf Issue Size: ₹100.00 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 Dhani Loans and Services NCD April 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 Dhani Loans and Services 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.

Dhani Loans and Services NCD April 2022 Allotment and Listing

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

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

The Dhani Loans and Services Limited Allotment Status is not available online at this time.

The Dhani Loans and Services 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 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.

Dhani Loans and Services Limited NCD - Should I apply?

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 and Services 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.

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