[.]| Listing at BSE, NSE | Mon, Oct 17, 2022 - Tue, Oct 18, 2022
The National Highways Infra Trust NCD Oct 2022 issue opens on October 17, 2022 and closes on October 18, 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 | October 17, 2022 |
| Bid/Offer Closes On | October 18, 2022 |
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% | |||||
The following categories of persons are eligible to apply in the Issue:
The National Highways Infra Trust NCD Oct 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 National Highways Infra Trust NCD Oct 2022 are as below:
| Category 1 (QIB) | 1875000 |
| Category 2 | 1875000 |
| Category 3 (HNI) | 1875000 |
| Category 4 (Retail) | 1875000 |
No, NRI's are not eligible to apply in this Issue.
You could check National Highways Infra Trust NCD Oct 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 National Highways Infra Trust 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 National Highways Infra Trust NCD Oct 2022 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 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.
Sorry, we do not provide NCD recommendations. But we share a lot of information about National Highways Infra Trust NCD Oct 2022 which could help you with questions like National Highways Infra Trust NCD Oct 2022 buy or not? You should also read National Highways Infra Trust NCD Oct 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.
National Highways Infra Trust 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.
