Sakthi Finance NCD March 2025 FAQ's

₹100.00 Cr| Listing at BSE | Mon, Mar 17, 2025 - Fri, Mar 28, 2025

Sakthi Finance NCD March 2025 Date & Price

The Sakthi Finance NCD March 2025 issue opens on March 17, 2025 and closes on March 28, 2025. 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 NCD March 2025 Issue Timetable

Bid/Offer Opens OnMarch 17, 2025
Bid/Offer Closes OnMarch 28, 2025

Sakthi Finance NCD March 2025 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 March 2025 is Monthly and Cumulative.

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

Sakthi Finance NCD March 2025 remains open for subscription on working days from 10:00 a.m. to 5:00 p.m until March 28, 2025. The bid may close earlier in case it is fully subscribed.

Sakthi Finance Limited NCD Coupon Rates

#Series 1Series 2Series 3Series 4Series 5Series 6Series 7
Frequency of Interest PaymentMonthlyCumulativeMonthlyCumulativeMonthlyCumulativeCumulative
NatureSecuredSecuredSecuredSecuredSecuredSecuredSecured
Tenor24 Months24 Months36 Months36 Months60 Months60 Months85 Months
Coupon (% per Annum)9%NA9.25%NA10.25%NANA
Effective Yield (% per Annum)9%9.31%9.25%9.58%10.25%10.65%10.38%
Amount on Maturity (In Rs.)Rs 1,000Rs 1,194.83Rs 1,000Rs 1,315.66Rs 1,000Rs 1,658.72Rs 2,013.13

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 24, 36, 60 and 85 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.

Sakthi Finance NCD March 2025 Issue Size and Subscription Status

The Sakthi Finance NCD March 2025 NCD issue size is ₹50.00 Cr.

Shares offered in Sakthi Finance NCD March 2025 are as below:

Sakthi Finance NCD March 2025 Shares Offered by Category

Category 1 (QIB)25000
Category 275000
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 Sakthi Finance NCD March 2025 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 March 2025 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 Sakthi 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 Sakthi Finance NCD March 2025 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Sakthi Finance NCD March 2025 NCD - Should I apply?

The NCDs proposed to be issued by the company are rated [ICRA] BBB (Stable) by ICRA Limited (ICRA).

Sorry, we do not provide NCD recommendations. But we share a lot of information about Sakthi Finance NCD March 2025 which could help you with questions like Sakthi Finance NCD March 2025 buy or not? You should also read Sakthi Finance NCD March 2025 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 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.