Tata Capital Financial Services Limited NCD

Tata Capital Financial Services Limited Profile:

Tata Capital Financial Services Limited NCDTata Capital Financial Services Limited is coming up with the Public issue by the Issuer of Secured NCDs up to 6,00,000 lakh and Unsecured Subordinated NCDs up to 1,50,000 lakhs, aggregated up to 7,50,000 lakhs.

Tata Capital Financial Services Limited NCD Details:


Symbol:                     TCFSLNCD

Issue Period:            10-Sep-2018 to 21-Sep-2018

Issue Size:                 Public Issue of Secured Redeemable Non-Convertible Debentures of upto Rs 6,00,000 lakhs and Un-Secured Subordinated Redeemable Non-Convertible Debentures upto Rs. 1,50,000 Lakhs. Issue Size of Tranche 1 upto Rs. 2,00,000 Lakhs (Base Issue) with an option to retain oversubscription upto Rs.7,50,000 Lakhs

Security Type:         Secured Redeemable Non-Convertible Debentures and Un-Secured Subordinated Redeemable Non-Convertible Debentures

Price:                         Rs 1000

Face Value:              Rs 1000

Market Lot:              1 (one) NCD

Minimum Application Value:      10 (Ten) NCDs (Rs. 10,000) either taken individually or collectively across all series of NCDs and in multiple of 1 NCD (Rs.1000) thereafter

IPO Grading:             CRISIL AAA / Stable & CARE AAA; Stable

Rating Agency:        CRISIL Limited and CARE Ratings Limited

IPO Market Timings:          10.00 a.m. to 5.00 p.m.

Lead Managers:                  Edelweiss Financial Services Limited, Axis Bank Limited and A.K. Capital Services Limited

Name of the Registrar:     Karvy Computershare Private Limited

Tata Capital Financial Services Limited Issue Size:

Public Issue of Secured Redeemable Non-Convertible Debentures of up to Rs 6,00,000 lakhs and Un-Secured Subordinated Redeemable Non-Convertible Debentures up to Rs. 1,50,000 Lakhs. Issue Size of Tranche 1 up to Rs. 2,00,000 Lakhs (Base Issue) with an option to retain oversubscription up to Rs.7,50,000 Lakhs

Tata Capital Financial Services Limited Interest Rate and Frequency:

 

Series I II III
Tenure(Years) 3 5 10
The frequency of Interest Payment Annual Annual Annual
Coupon Rate for Category I & II NCD Holders 8.70% 8.80% 9.00%
Coupon Rate for Category III & IV NCD Holders 8.80% 8.90% 9.10%
Effective Yield for Category I & II NCD Holders 8.70% 8.80% 9.00%
Effective Yield for Category III & IV NCD Holders 8.80% 8.90% 9.10%
Redemption Amount 1000 1000 1000
Maturity Date (Years from the Deemed Date of Allotment) 3 Years 5 years 10 Years

 

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