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India Infoline NCD Aug 2019 Detail
Issue Open Aug 6, 2019
Issue Close Aug 30, 2019
Issue Size (Base) ₹100.00 Crores
Issue Size (Shelf) ₹900.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE, NSE

India Infoline NCD Aug 2019 Date & Price

The India Infoline NCD Aug 2019 issue opens on Aug 6, 2019, and closes on Aug 30, 2019, 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.

India Infoline Finance Limited NCD IPO dates are as below:

India Infoline NCD Aug 2019 Issue Timetable

Bid/Offer Opens OnAug 6, 2019
Bid/Offer Closes OnAug 30, 2019
Record Date
Deemed Date of Allotment

Sorry, India Infoline NCD Aug 2019 DRHP PDF Document is not available at this time.

Sorry, India Infoline NCD Aug 2019 Red Herring Prospectus is not available at this time.

India Infoline NCD Aug 2019 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 India Infoline NCD Aug 2019 is Monthly, Quarterly and Annual.

No. Issues consist of Secured as well as Unsecured NCD's.

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

India Infoline NCD Aug 2019 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until Aug 30, 2019. The bid may close earlier in case it is fully subscribed.

Coupon rates for series 1 to 6

  Series 1 Series 2 Series 3 Series 4 Series 5 Series 6
Frequency of Interest Payment NA Quarterly NA Annually Monthly NA
Nature Secured Secured Secured Secured Unsecured Unsecured
Tenor 15 months 39 months 39 months 39 months 69 months 69 months
Coupon Rate NA 9.50% NA 9.85% 10.00% NA
Amount on Maturity For Category I & II/ for III & IV Rs 1,126.75 Rs 1,000 Rs 1,357.33 Rs 1,000 Rs 1,000 Rs 1,776.16

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 15 months/ 39 months/ 69 months.

India Infoline NCD Aug 2019 Issue Size and Subscription Status

The India Infoline NCD Aug 2019 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹100.00 Crores
  • NCD Shelf Issue Size: ₹900.00 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 India Infoline NCD Aug 2019 is not available at this time. Please revisit us for latest updates.

Yes, NRI's are eligible to apply in this Issue.

Applications cannot be made by: (a) Minors without a guardian name (A guardian may apply on behalf of a minor. However, the name of the guardian will also need to be mentioned on the Application Form); (b) Foreign nationals; (c) Persons resident outside India; (d) Foreign Institutional Investors; (e) Foreign Portfolio Investors; (f) Non Resident Indians; (g) Qualified Foreign Investors; (h) Overseas Corporate Bodies (i) Foreign Venture Capital Funds; and (j) Persons ineligible to contract under applicable statutory/ regulatory requirements

You could check India Infoline Finance 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.

India Infoline NCD Aug 2019 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.

Click here to check India Infoline Finance Limited Allotment Status.

The India Infoline Finance 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 India Infoline NCD Aug 2019 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

India Infoline Finance Limited NCD - Should I apply?

The NCDs proposed to be issued under this Issue have been rated BWR AA+/Stable (pronounced as BWR Double A Plus with Stable outlook) for an amount of Rs.50,000 million by Brickworks Ratings India Private Limited vide their rating letter dated October 31, 2018, CRISIL AA/Stable (pronounced as CRISIL Double A rating with Stable outlook) for an amount of Rs.50,000 million by CRISIL Ratings Limited vide their rating letter dated November 1, 2018 and [ICRA] AA (Stable) (pronounced as ICRA Double A) for an amount of Rs.50,000 million by ICRA Limited vide their rating letter dated October 31, 2018. The aforesaid rating indicates that instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations and carry very low credit risk.

Sorry, we do not provide NCD recommendations. But we share a lot of information about India Infoline NCD Aug 2019 which could help you with questions like India Infoline NCD Aug 2019 buy or not? You should also read India Infoline NCD Aug 2019 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.

India Infoline Finance 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.