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Indiabulls Consumer NCD May 2019 Detail
Issue Open May 30, 2019
Issue Close June 21, 2019
Issue Size (Base) ₹1,000.00 Crores
Issue Size (Shelf) ₹3,000.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE, NSE

Indiabulls Consumer NCD May 2019 Date & Price

The Indiabulls Consumer NCD May 2019 issue opens on May 30, 2019, and closes on June 21, 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.

Indiabulls Consumer Finance Limited NCD IPO dates are as below:

Indiabulls Consumer NCD May 2019 Issue Timetable

Bid/Offer Opens OnMay 30, 2019
Bid/Offer Closes OnJune 21, 2019
Record Date
Deemed Date of Allotment

Sorry, Indiabulls Consumer NCD May 2019 DRHP PDF Document is not available at this time.

Indiabulls Consumer NCD May 2019 Red Herring Prospectus (RHP) PDF

Indiabulls Consumer NCD May 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 Indiabulls Consumer NCD May 2019 is Monthly and Annual.

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

Indiabulls Consumer NCD May 2019 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until June 21, 2019. The bid may close earlier in case it is fully subscribed.

Coupon rates for series 1 to 9

Series 1 Series 2 Series 3 Series 4 Series 5 Series 6 Series 7 Series 8 Series 9
Frequency of Interest Payment NA Annually NA Monthly Annually NA Monthly Annually NA
Tenor 400 days 24 months 24 months 36 months 36 months 36 months 60 months 60 months 60 months
Coupon Rate NA 10.27% NA 9.95% 10.41% NA 10.13% 10.61% NA
Amount on Maturity Rs 1,110.10 Rs 1,000 Rs 1,215.83 Rs 1,000 Rs 1,000 Rs 1,345.94 Rs 1,000 Rs 1,000 Rs 1,655.83

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 400 days/ 24 months /36 months/ 60 months.

Indiabulls Consumer NCD May 2019 Issue Size and Subscription Status

The Indiabulls Consumer NCD May 2019 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹1,000.00 Crores
  • NCD Shelf Issue Size: ₹3,000.00 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 Indiabulls Consumer NCD May 2019 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 Indiabulls Consumer 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.

Indiabulls Consumer NCD May 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 Indiabulls Consumer Finance Limited Allotment Status.

Indiabulls Consumer Finance Limited listing date is July 1, 2019.

The regular trading starts at 10 AM on listing day.

BSE and NSE allow pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/modify/cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session.

It is hard to say at what price Indiabulls Consumer NCD May 2019 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Indiabulls Consumer Finance Limited NCD - Should I apply?

The NCDs proposed to be issued under this Issue have been rated CARE AA; Stable (pronounced as Double A; Outlook: Stable), for an amount of Rs 30,000 million by CARE Ratings Limited vide their letter no. CARE/HO/RL/2018-19/4260 dated December 28, 2018. Further, they have been rated BWR AA+ (pronounced as BWR Double A Plus) (Outlook: Stable), for an amount of Rs 30,000 million by Brickwork Ratings India Private Limited vide their letter no. BWR/NCD/HO/ERC/RB/0615/2018-19 dated January 4, 2019 and 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 Indiabulls Consumer NCD May 2019 which could help you with questions like Indiabulls Consumer NCD May 2019 buy or not? You should also read Indiabulls Consumer NCD May 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.

Indiabulls Consumer 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.