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Sakthi Finance NCD June 2021 Detail
Issue Open Jun 29, 2021
Issue Close Jul 23, 2021
Issue Size (Base) ₹100.00 Crores
Issue Size (Shelf) ₹100.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

Sakthi Finance NCD June 2021 Date & Price

The Sakthi Finance NCD June 2021 issue opens on Jun 29, 2021, and closes on Jul 23, 2021, 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.

Sakthi Finance Limited NCD IPO dates are as below:

Sakthi Finance NCD June 2021 Issue Timetable

Bid/Offer Opens OnJun 29, 2021
Bid/Offer Closes OnJul 23, 2021
Record Date
Deemed Date of Allotment

Sorry, Sakthi Finance NCD June 2021 DRHP PDF Document is not available at this time.

Sakthi Finance NCD June 2021 Red Herring Prospectus (RHP) PDF

Sakthi Finance NCD June 2021 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 Sakthi Finance NCD June 2021 is Monthly, Cumulative.

No. Issues consist of Secured as well as Unsecured NCD's.

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

Sakthi Finance NCD June 2021 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until Jul 23, 2021. The bid may close earlier in case it is fully subscribed.

Coupon Rates

Series

Frequency

Tenure

Coupon Rate

Effective Yield

I

Monthly

26 Months

9.50%

9.50%

II

Cumulative

26 Months

NA

10.42%

III

Monthly

39 Months

9.75%

9.75%

IV

Cumulative

39 Months

NA

11.32%

V

Monthly

49 Months

10.00%

10.00%

VI

Cumulative

49 Months

NA

12.17%

VII

Monthly

61 Months

10.50%

10.50%

VIII

Cumulative

61 Months

NA

13.64%

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 26, 39, 49 and 61 months.

Sakthi Finance NCD June 2021 Issue Size and Subscription Status

The Sakthi Finance NCD June 2021 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹100.00 Crores
  • NCD Shelf Issue Size: ₹100.00 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 Sakthi Finance NCD June 2021 is not available at this time. Please revisit us for latest updates.

No, NRI's are not eligible to apply in this Issue.

You could check Sakthi Finance Limited 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.

Sakthi Finance NCD June 2021 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.

The Sakthi Finance Limited Allotment Status is not available online at this time.

The Sakthi Finance Limited 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 Sakthi Finance NCD June 2021 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Sakthi Finance Limited NCD - Should I apply?

The rating committee of ICRA, after due consideration, has assigned the [ICRA] BBB rating to the Sakthi Finance NCD in June 2021. This represents that the NCD has a moderate degree of safety regarding timely servicing of financial obligations. The outlook on long-term rating is 'Stable'.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Sakthi Finance NCD June 2021 which could help you with questions like Sakthi Finance NCD June 2021 buy or not? You should also read Sakthi Finance NCD June 2021 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.

Sakthi Finance Limited 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.