₹1,000.00 Cr| Listing at BSE, NSE | Mon, Jun 3, 2024 - Fri, Jun 14, 2024
The IIFL Samasta Finance NCD Tranche II May 2024 issue opens on June 3, 2024 and closes on June 14, 2024. 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 | June 3, 2024 |
| Bid/Offer Closes On | June 14, 2024 |
Sorry, `IIFL Samasta Finance NCD Tranche II May 2024` DRHP PDF Document is not available at this time.
IIFL Samasta Finance Limited NCD Coupon Rates
| # | Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 |
|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Annual | Monthly | Annual | Monthly | Annual |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 24 Months | 24 Months | 36 Months | 36 Months | 60 Months | 60 Months |
| Coupon (% per Annum) | 9.20% | 9.60% | 9.57% | 10.00% | 10.03% | 10.50% |
| Effective Yield (% per Annum) | 9.60% | 9.60% | 10.00% | 10.00% | 10.50% | 10.49% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 |
The following categories of persons are eligible to apply in the Issue:
The IIFL Samasta Finance NCD Tranche II May 2024 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 IIFL Samasta Finance NCD Tranche II May 2024 are as below:
| Category 1 (QIB) | 200000 |
| Category 2 | 600000 |
| Category 3 (HNI) | 600000 |
| Category 4 (Retail) | 600000 |
No, NRI's are not eligible to apply in this Issue.
You could check IIFL Samasta Finance NCD Tranche II May 2024 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 IIFL Samasta Finance 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 IIFL Samasta Finance NCD Tranche II May 2024 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.
The ratings of NCDs proposed to be issued under the terms of this Tranche II Prospectus have been revalidated to CRISIL AA-/Watch Developing (Continues on 'Rating Watch with Developing Implications') for an amount of ₹ 2,000 crore by CRISIL Ratings Limited vide their rating letter dated May 8, 2024 and 'ACUITE AA | Rating Watch Negative Implications' for an amount of ₹ 2,000 crore by Acuite Ratings & Research Limited vide their rating revalidation letter dated May 10, 2024.
Sorry, we do not provide NCD recommendations. But we share a lot of information about IIFL Samasta Finance NCD Tranche II May 2024 which could help you with questions like IIFL Samasta Finance NCD Tranche II May 2024 buy or not? You should also read IIFL Samasta Finance NCD Tranche II May 2024 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.
IIFL Samasta Finance 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.
