[.]| Listing at BSE, NSE | Mon, Apr 8, 2019 - Wed, May 8, 2019
| Bid/Offer Opens On | April 8, 2019 |
| Bid/Offer Closes On | May 8, 2019 |
Sorry, `Magma Fincorp NCD April 2019` DRHP PDF Document is not available at this time.
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | |
|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Annually | NA | Monthly | Annually | NA | Monthly | Annually |
| Tenor | 3 year | 3 year | 5 year | 5 year | 5 year | 10 year | 10 year |
| Coupon Rate (Retail) For Category I & II/ for III & IV | 10.25% | NA | 10.04% | 10.50% | NA | 10.27% | 10.75% |
| Amount on Maturity For Category I & II/ for III & IV | Rs 1,000 | Rs 1,340.10 | Rs 1,000 | Rs 1,000 | Rs 1,648.19 | Rs 1,000 | Rs 1,000 |
The following categories of persons are eligible to apply in the Issue:
The Magma Fincorp NCD April 2019 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 Magma Fincorp NCD April 2019 are as below:
| Category 1 (QIB) | 400000 |
| Category 2 | 400000 |
| Category 3 (HNI) | 600000 |
| Category 4 (Retail) | 600000 |
No, NRI's are not eligible to apply in this Issue.
You could check Magma Fincorp NCD April 2019 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 Magma Fincorp 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 Magma Fincorp NCD April 2019 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.
The NCDs proposed to be issued under this Issue have been rated BWR AA (Outlook: Stable)' by Brickworks Ratings India Private Limited ("Brickworks") for an amount of up to Rs 1,00,000 lakhs vide its letter dated December 21, 2018 and ACUITE AA/Stable by Acuité Ratings & Research Limited (erstwhile SMERA Ratings Limited) for an amount of up to Rs 1,00,000 lakhs vide its letter dated December 28, 2018. The rating of the NCDs by Brickworks and Acuité indicate 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 Magma Fincorp NCD April 2019 which could help you with questions like Magma Fincorp NCD April 2019 buy or not? You should also read Magma Fincorp NCD April 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.
Magma Fincorp 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.
