Tata Capital NCD Aug 2019 FAQ's

[.]| Listing at BSE, NSE | Tue, Aug 13, 2019 - Tue, Aug 20, 2019

Tata Capital NCD Aug 2019 Date & Price

The Tata Capital NCD Aug 2019 issue opens on August 13, 2019 and closes on August 20, 2019. 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.

Tata Capital NCD Aug 2019 Issue Timetable

Bid/Offer Opens OnAugust 13, 2019
Bid/Offer Closes OnAugust 20, 2019

Sorry, `Tata Capital NCD Aug 2019` DRHP PDF Document is not available at this time.


Sorry, Tata Capital NCD Aug 2019 Red Herring Prospectus is not available at this time.

Tata Capital NCD Aug 2019 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 Tata Capital NCD Aug 2019 is Annual.

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

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

Tata Capital NCD Aug 2019 remains open for subscription on working days from 10:00 a.m. to 5:00 p.m until August 20, 2019. The bid may close earlier in case it is fully subscribed.

Coupon rates for series 1 to 4

Series 1 Series 2 Series 3 Series 4
Frequency of Interest Payment Annual Annual Annual Annual
Nature Secured Unsecured
Tenor 3 years 5 years 8 years 10 years
Coupon Rate For Category I & II 8.35% 8.40% 8.55% 8.75%
Coupon Rate For Category III & IV 8.45% 8.50% 8.65% 8.85%
Amount on Maturity For Category I & II/ for III & IV Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 3 years/ 5 years/ 8 years/ 10 years.

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.

Tata Capital NCD Aug 2019 Issue Size and Subscription Status

The Tata Capital NCD Aug 2019 consists of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹500.00 Cr
  • NCD Shelf Issue Size: ₹3,626.00 Cr

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 Tata Capital NCD Aug 2019 are as below:

Tata Capital NCD Aug 2019 Shares Offered by Category

Category 1 (QIB)750000
Category 2750000
Category 3 (HNI)1750000
Category 4 (Retail)1750000

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 Tata Capital NCD Aug 2019 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.

Tata Capital NCD Aug 2019 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.

You can check Tata Capital Financial Services 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 Tata Capital NCD Aug 2019 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Tata Capital NCD Aug 2019 NCD - Should I apply?

The NCDs proposed to be issued under this Tranche II Issue have been rated "CRISIL AAA / Stable" for an amount of up to Rs 7,50,000 lakh by CRISIL Limited vide its letter dated August 15, 2018, revalidated vide its letter dated August 27, 2018 and further revalidated by letter dated July 25, 2019 and have been rated "CARE AAA; Stable" for an amount up to Rs 7,50,000 lakh by CARE Ratings Limited vide its letter dated August 14, 2018, revalidated vide its letter dated August 27, 2018 and further revalidated by letter dated July 26, 2019. The ratings of the NCDs issued by CRISIL Limited indicate highest degree of safety regarding timely servicing of financial obligations.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Tata Capital NCD Aug 2019 which could help you with questions like Tata Capital NCD Aug 2019 buy or not? You should also read Tata Capital NCD Aug 2019 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.

Tata Capital Financial Services 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.