FREE Account Opening + No Clearing Fees
Loading...
National Highways Infra Trust NCD Oct 2022 Detail
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

National Highways Infra Trust NCD Oct 2022 Date & Price

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.

National Highways Infra Trust NCD IPO dates are as below:

National Highways Infra Trust NCD Oct 2022 Issue Timetable

Bid/Offer Opens OnOctober 17, 2022
Bid/Offer Closes OnOctober 18, 2022
Record Date
Deemed Date of Allotment

National Highways Infra Trust NCD Oct 2022 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 National Highways Infra Trust NCD Oct 2022 is Semi-Annual.

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

National Highways Infra Trust NCD Oct 2022 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until October 18, 2022. The bid may close earlier in case it is fully subscribed.

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 NCD's have a fixed maturity date. The date of maturity of the NCD's is 13 years, 18 years and 25 years.

National Highways Infra Trust NCD Oct 2022 Issue Size and Subscription Status

The National Highways Infra Trust NCD Oct 2022 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹750.00 Crores
  • NCD Shelf Issue Size: ₹750.00 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 National Highways Infra Trust NCD Oct 2022 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 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.

National Highways Infra Trust NCD Oct 2022 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.

The National Highways Infra Trust Allotment Status is not available online at this time.

The National Highways Infra Trust 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 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.

National Highways Infra Trust NCD - Should I apply?

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 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.