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Issue Open | October 17, 2022 |
Issue Close | October 18, 2022 |
Issue Size (Base) | ₹750.00 Crores |
Issue Size (Shelf) | ₹750.00 Crores |
Issue Price | ₹1000 per NCD |
Listing At | BSE, NSE |
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 | October 17, 2022 |
Bid/Offer Closes On | October 18, 2022 |
Record Date | |
Deemed Date of Allotment |
Coupon Rates
Series 1 | Series 2 | Series 3 | ||||||
---|---|---|---|---|---|---|---|---|
Frequency of Interest Payment | Semi-Annually | Semi-Annually | Semi-Annually | |||||
Nature | Secured | |||||||
Tenor | 13 years | 18 years | 25 years | |||||
Coupon Rate (Retail) | 7.90% | 7.90% | 7.90% | |||||
Effective Yield (% per Annum) | 8.05% | 8.05% | 8.05% |
Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.
You could check National Highways Infra Trust 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 NCDs proposed to be issued under this Issue have been rated PROVISIONAL CARE AAA; Stable' by CARE Ratings Limited for an amount of up to Rs 15,000 million by way of their letter dated August 25, 2022 and further revalidated on September 23, 2022 and rated as 'PROVISIONAL IND AAA/Stable' by India Ratings and Research Private Limited for an amount of up to Rs 15,000 million.
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