Nido Home Finance NCD December 2024 FAQ's

₹100.00 Cr| Listing at BSE | Tue, Dec 17, 2024 - Tue, Dec 31, 2024

Nido Home Finance NCD December 2024 Date & Price

The Nido Home Finance NCD December 2024 issue opens on December 17, 2024 and closes on December 31, 2024. 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.

Nido Home Finance NCD December 2024 Issue Timetable

Bid/Offer Opens OnDecember 17, 2024
Bid/Offer Closes OnDecember 31, 2024

Nido Home Finance NCD December 2024 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 Nido Home Finance NCD December 2024 is Monthly and Annually.

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

Nido Home Finance NCD December 2024 remains open for subscription on working days from 10:00 a.m. to 5:00 p.m until December 31, 2024. The bid may close earlier in case it is fully subscribed.

Nido Home Finance Limited NCD Coupon Rates

#Series 1Series 2Series 3Series 4Series 5Series 6Series 7Series 8Series 9Series 10
Frequency of Interest PaymentAnnualNAMonthlyAnnualNAMonthlyAnnualNAMonthlyAnnual
NatureSecuredSecuredSecuredSecuredSecuredSecuredSecuredSecuredSecuredSecured
Tenor24 Months24 Months36 Months36 Months36 Months60 Months60 Months60 Months120 Months120 Months
Coupon (% per Annum)9.5%NA9.58%10%NA10.03%10.5%NA10.49%11%
Effective Yield (% per Annum)9.5%9.5%10.01%10%10%10.5%10.49%10.5%11%10.99%
Amount on Maturity (In Rs.)Rs 1,000Rs 1,191.13Rs 1,000Rs 1,000Rs 1,331.18Rs 1,000Rs 1,000Rs 1,648.27Rs 1,000Rs 1,000

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 24, 36, 60 and 120 Months.

The following categories of persons are eligible to apply in the Issue:

  • Category 1 - Institutional Investors including banks, provident funds, pension funds, Mutual Funds, Insurance Companies, NBFC Companies and National Investment Fund.
  • Category 2 - Non-Institutional Investors including Co-operative banks, Public/private charitable/ religious trusts, Partnership firms, Limited Liability Partnerships LLP Firms.
  • Category 3 - High Net-worth Individuals (HNIs) including retail investors who apply for above ₹10 lakhs.
  • Category 4 - Retail Individual Investors including retail investors who apply for less than ₹10 lakhs.

Nido Home Finance NCD December 2024 Issue Size and Subscription Status

The Nido Home Finance NCD December 2024 NCD issue size is ₹50.00 Cr.

Shares offered in Nido Home Finance NCD December 2024 are as below:

Nido Home Finance NCD December 2024 Shares Offered by Category

Category 1 (QIB)50000
Category 250000
Category 3 (HNI)200000
Category 4 (Retail)200000

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 Nido Home Finance NCD December 2024 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.

Nido Home Finance NCD December 2024 Allotment and Listing

The NCD's are proposed to be listed on BSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

You can check Nido Home Finance 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 Nido Home Finance NCD December 2024 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Nido Home Finance NCD December 2024 NCD - Should I apply?

The NCDs proposed to be issued under this Issue have been rated "CRISIL A+/Watch Negative" (Placed on Rating Watch with Negative Implications) for an amount of Rs 5,000 million by CRISIL Ratings Limited.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Nido Home Finance NCD December 2024 which could help you with questions like Nido Home Finance NCD December 2024 buy or not? You should also read Nido Home Finance NCD December 2024 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.

Nido Home Finance 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.