[.]| Listing at BSE, NSE | Mon, Jan 24, 2022 - Mon, Feb 14, 2022
The InCred Financial Services NCD January 2022 issue opens on January 24, 2022 and closes on February 14, 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 | January 24, 2022 |
| Bid/Offer Closes On | February 14, 2022 |
Sorry, `InCred Financial Services NCD January 2022` DRHP PDF Document is not available at this time.
| Options | Series 1 | Series II | Series III | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Cumulative | Annually | Annually | |||||||
| Minimum Application | Rs 10,000 (10 NCDs)across all Series | |||||||||
| Face Value/ Issue Price of NCDs (Rs/ NCD) | Rs 1000 | |||||||||
| In Multiples of thereafter (Rs) | Rs 1000 (1 NCD) | |||||||||
| Tenor | 12 months and 1 day | 24 Months | 24 Months | |||||||
| Coupon Rate % Per Annum for NCD Holders in Category I, II, III & IV | NA | 9.25% per annum compounded monthly payable annually | 9.13% per annum compounded monthly payable annually | |||||||
| Effective Yield (per annum) for NCD Holders in Category I, II, III & IV | 9.25% | 9.65% | 9.52% | |||||||
| Mode of Interest Payment | Through various modes available | |||||||||
| Amount (Rs / NCD) on Maturity for NCD Holders in Category I, II, III & IV | 1,092.75 | 1000 | 1000 | |||||||
| Maturity / Redemption Date (Months from the Deemed Date of Allotment) | 12 months and 1 day | 24 months | 50% of the face value of NCD will be redeemed on the date occurring on expiry of 12 months from the Deemed Date of Allotment and remaining 50% will be redeemed on the date occurring on expiry of 24 months from the Deemed Date of Allotment | |||||||
| Put and Call Option | NA | |||||||||
The following categories of persons are eligible to apply in the Issue:
The InCred Financial Services NCD January 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 InCred Financial Services NCD January 2022 are as below:
| Category 1 (QIB) | 62500 |
| Category 2 | 250000 |
| Category 3 (HNI) | 62500 |
| Category 4 (Retail) | 875000 |
No, NRI's are not eligible to apply in this Issue.
You could check InCred Financial Services NCD January 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 InCred Financial 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 InCred Financial Services NCD January 2022 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.
CRISIL Ratings has assigned "CRISIL A" rating to the Debt instrument and placed the rating under "Rating Watch with Positive Implications". Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations.
Sorry, we do not provide NCD recommendations. But we share a lot of information about InCred Financial Services NCD January 2022 which could help you with questions like InCred Financial Services NCD January 2022 buy or not? You should also read InCred Financial Services NCD January 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.
InCred Financial 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.
