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Chemmanur Credits NCD Details 2023

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Chemmanur Credits is a non-deposit-taking, non-banking financial company (base layer) registered with the RBI. It is primarily engaged in the gold loan sector lending money against the pledge of household gold jewellery (“Gold Loans”) in the state of Kerala, Tamil Nadu and Karnataka. It also provides microfinance loans, business and personal loans, money transfer services and distribution of third-party insurance products. 

Chemmanur Credits NCD Details 

Subscription Dates 14 December 2022 – 06 January 2023 
Security Type Secured, Redeemable, Non-Convertible Debentures 
Face Value INR 1,000 per NCD 
Issue Price INR 1,000 per NCD 
Issue Size (Base) INR 50 crores 
Overall Issue Size (including oversubscription) INR 100 crores 
Minimum Lot size 10 NCDs 
Market Lot 1 NCD 
Tenor 366 days 
18 months 
24 months 
36 months 
60 months 
74 Months 
Credit Rating CRISIL BBB- / Stable 
Category Reservation Category 1 (QIB): 10% 
Category 2 (NII): 40% 
Category 3 (Retail): 50% 
Basis of Allotment First Come First Serve 
Listing On BSE 
Visagar Financial Services Rights Issue Details

NCD Allocation Ratio 

Category  NCD’s Allocated 
Institutional 10% 
Non-Institutional 40% 
Retail 50% 
Category 4 0% 

NCD’s Offered by Category 

Category  NCD’s Reserved 
Institutional 50,000 
Non-Institutional 200,000 
Retail 250,000 
Category 4 
Total NCD’s 500,000 

Objects of the Issue 

The company proposes to utilise the funds which are being raised through the Issue: 

1. For the purpose of onward lending, financing, and for repayment/prepayment of principal and interest on borrowings of the Company. 

2. General corporate purposes. 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Reserves and Surplus 
31-Mar-20 339.32 72.01 8.5 18.7 
31-Mar-21 384.99 74.74 9.24 27.94 
31-Mar-22 392.95 73.33 4.31 28.05 
30-Jun-22 389.12 18.2 0.52 28.57 
Amount in ₹ Crore 

Chemmanur Credits and Investments NCD Prospectus

Company Contact Information

Chemmanur Credits and Investments Limited
Mangalodhayam Building
Round South, Thrissur
680001, Kerala,

Phone: +91 0487-6621200/2424010
Email: mail@chemmanurcredits.com
Websitehttps://www.chemmanurcredits.com/

Chemmanur Credits and Investments NCD Registrar

KFin Technologies Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India – 500 032.

Phone: 04067162222, 04079611000
Email: ccil.ncdipo@kfintech.com
Websitehttps://karisma.kfintech.com/

Chemmanur Credits and Investments NCD Lead Manager(s)

  1. Vivro Financial Services Private Limited

Kosamattam Finance NCD Details 2023

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Kosamattam Finance is a systemically important non-deposit taking NBFC primarily engaged in the Gold Loan business, lending money against the pledge of household jewellery (Gold Loans) in the state of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Maharashtra, Gujarat and Telangana along with the Union Territory of Puducherry. 

Kosamattam Finance NCD Details 

Subscription Dates 14 December 2022 – 13 January 2023 
Security Type Secured, Redeemable, Non-Convertible Debentures 
Face Value INR 1,000 per NCD 
Issue Price INR 1,000 per NCD 
Issue Size (Base) INR 200 crores 
Overall Issue Size (including oversubscription) INR 400 crores 
Minimum Lot size 10 NCDs 
Market Lot 1 NCD 
Tenor 18 months 
24 months 
30 months 
36 months 
39 months 
48 months 
54 months 
88 Months 
Credit Rating IND A-/Stable 
Category Reservation Category 1 (QIB): 10% 
Category 2 (NII): 10% 
Category 3 (HNI): 30% 
Category 4 (Retail): 50% 
Basis of Allotment First Come First Serve 
Listing On BSE 
Visagar Financial Services Rights Issue Details

NCD Allocation Ratio 

Category ? NCD’s Allocated 
Institutional 10% 
Non-Institutional 10% 
HNI 30% 
Retail 50% 

NCD’s Offered by Category 

Category ? NCD’s Reserved 
Institutional 200,000 
Non-Institutional 200,000 
HNI 600,000 
Retail 1,000,000 
Total NCD’s 2,000,000 

Objects of the Issue 

The company proposes to utilise the funds which are being raised through the Issue: 

1. For the purpose of onward lending. 

2. For repayment of interest and principal of existing debts of the Company. 

3. For general corporate purposes. 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth 
31-Mar-20 3297.45 499.33 47.66 420.44 
31-Mar-21 4006.16 541.84 65.25 520.56 
31-Mar-22 4544.1 624.79 78.92 657 
Amount in ₹ Crore 

Kosamattam Finance NCD Dec 2022 Prospectus

Company Contact Information

Kosamattam Finance Limited
Kosamattam City Centre,
Floor Number 4th & 5th,
T.B Road, Kottayam – 686001, Kerala

Phone: +91 481 258 6400
Email: cs@kosamattam.com
Websitehttp://www.kosamattam.com/

Kosamattam Finance NCD Dec 2022 Registrar

KFin Technologies Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India – 500 032.

Phone: 04067162222, 04079611000
Email: kosamattam.ncdipo24@kfinech.com
Websitehttps://karisma.kfintech.com/

Kosamattam Finance NCD Dec 2022 Lead Manager(s)

  1. SMC Capitals Limited

Quint Digital Rights Issue 2023 Details

Quint Digital Media operates websites using online, digital, or mobile media, which may feature a variety of material such as current affairs, lifestyle, and entertainment. 

Across all social media networks, the digital properties had over 2.2 crore subscribers in FY 2022 compared to 1.4 crore subscribers in FY 2021. Additionally diverse is the audience footprint across websites and different digital platforms like Facebook, Instagram, YouTube, Twitter, Snapchat, etc. a some of the important data points compiled from many websites and digital platforms. 

The company operates the following three digital platforms: 

  • The Quint: It is a news platform that engages the reader through videos, op-eds, infographics, animations, and documentaries. 
  • Quint Hindi: Quint Hindi connects people from all over the country by designing content, which is viewer-friendly and authentic. 
  • Quint Fit: It is a platform that offers news and stories, opinions, and conversations spanning a wide range of issues concerning physical, mental, and digital health; parenting; taboos; the status quo; and new developments. 

Quint Digital Rights Issue Details

Rights Issue Date 09 January 2023 – 24 January 2023 
Rights Issue Price INR 50 per share 
Issue Size (in Shares) 2,50,00,000 shares 
Issue Size (in INR) INR 125 crore 
Issue Entitlement 42 Rights Share for every 37 Equity Shares held as on Record Date 
Terms of Payment INR 50 per Rights Equity Share payable on application. 
Rights Issue Record Date 22 December 2022 
Face Value INR 10 per share 
Listing On BSE 
Visagar Financial Services Rights Issue Details

Quint Digital Rights Issue Timetable 

Rights Issue Record Date 22 December 2022 
Credit of Rights Entitlement Coming soon 
Rights Issue Opening Date 09 January 2023 
Last Date for Market Renunciation 13 January 2023 
Rights Issue Closing Date 24 January 2023 
Finalization of Basis of Allotment Coming soon 
Rights Issue Allotment Date Coming soon 
Credit Date Coming soon 
Listing Date Coming soon 

Quint Digital Financial Performance 

  FY 2020 FY 2021 FY 2022 
Revenue 28.34 35.45 55.98 
Expenses 155.84 80.68 82.88 
Net income (81.92) (61.12) (24.87) 
Margin (%) (289.06) (172.41) (44.43) 

Objectives of the Issue 

The Company proposes to fund the following Objects with the Net Proceeds: 

1. In the direction of calling the Quintype SHA call option. 

2. Paying Mr. Raghav Bahl the balance of the purchase amount necessary to acquire all of the shares and securities of QML in line with the QML SPA.  

3. Paying the balance of the purchase price to RB Diversified in line with the QML SPA in order to acquire 100% of the shares and securities of QML.  

4. In compliance with the Spunklane SPA, the balance of the purchase price for Mr. Raghav Bahl’s acquisition of a 47.92% share in Spunklane Media is paid. 

5. Loan prepayment or repayment; 6. Corporate general purposes. 

Quint Digital Media Rights Issue Documents

Company Contact Information

Quint Digital Media Ltd
403, Prabhat Kiran, 17,
Rajendra Place, Delhi
110 008

Phone: +91 011 4514 2374
Email: cs@thequint.com
Websitehttp://www.quintdigitalmedia.com/

Quint Digital Media Rights Issue Registrar

  1. Skyline Financial Services Private Ltd
    Phone: 02228511022
    Email: subhashdhingreja@skylinerta.com
    Websitehttps://www.skylinerta.com/

Quint Digital Media Rights Issue Lead Manager(s)

  1. Choice Capital Advisors Pvt Ltd

Eastern Logica IPO Details, GMP, Price, Issue Size

Eastern Logica Infoway Limited, a 1995 corporation, specialises in multi-brand retail and retail sales. Additionally, they function as a distributor of name-brand smartphones, IT hardware, software, and related accessories and services. 

Eastern Logica IPO Details 

IPO Dates 5 – 9 January 2023 
IPO Price INR 225 per share 
Fresh issue 6,64,200 shares (INR 14.94 crore) 
Offer For Sale 88,800 shares (INR 2 crore) 
Total IPO size 7,53,000 shares (INR 16.94 crore) 
Minimum bid (lot size) 600 shares (INR 1,35,000) 
Face Value  INR 10 per share 
Retail Allocation 50% 
Listing On BSE,SME 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Eastern Logica IPO Tentative Dates  

IPO Opening Date 5 January 2023 
IPO Closing Date 9 January 2023 
Finalisation of Basis of Allotment 12 January 2023 
Initiation of refunds 13 January 2023 
Transfer of shares to demat accounts 16 January 2023 
Eastern Logica Infoway IPO Listing Date 17 January 2023 
Opening Price on BSE SME Coming soon 
Closing Price on BSE SME Coming soon 

 
Company Overview 

Eastern Logica Infoway Limited, a 1995 corporation, specialises in multi-brand retail and retail sales. Additionally, they function as a distributor of name-brand smartphones, IT hardware, software, and related accessories and services. Offering networking and security solutions to end users is another area that Eastern Logica Infoway covers. In the 25 years after it began operations, the company has solidified its position in the market. 

It has expanded its activities throughout India, setting up 4 offices, 11 retail locations, 2 delivery centres, and virtual offices in 11 different cities. They use a lease rental business strategy and concentrate on securing retail locations with excellent visibility and client accessibility. Eshaa Communication Private Limited, Checkers India Technology Private Limited, Balaji Solutions Limited, Aakanksha Distributors Private Limited, and Fareast Exim Venture Private Limited are just a few of the clients the business has amassed. West Bengal, Delhi, Haryana, Karnataka, Telangana, Maharashtra, Gujarat, and Tamil Nadu are among the states where Eastern Logica Infoway has offices. 

Four broad categories make up the services offered by the business: 

  • Retail 
  • Services 
  • E-Commerce 
  • Distribution 

Company Financial Performance 

  FY 2020 FY 2021 FY 2022 
Revenue 495.67 445.21 611.96 
Expenses 496.27 443.89 611.71 
Net income 1.82 2.34 2.85 

Objects of the Issue 

The Company proposes to utilise the Net Proceeds from the Fresh Offer towards funding the following objects: 

  • Funding working capital requirements; 
  • General corporate purposes. 

IPO Prospectus

Company Contact Information

Eastern Logica Infoway Limited
2 Saklat Place
1st Floor,
Kolkata, West Bengal 700072
Phone: 033 4058 0000
Email: cs@easternlogica.com
Websitehttp://www.easternlogica.com/

IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: easternlogica.ipo@kfintech.com
Websitehttps://karisma.kfintech.com/

IPO Lead Manager(s)

  1. Oneview Corporate Advisors Private limited 

Visagar Financial Services Rights Issue Details

Visagar Financial Services, a non-banking financial company engaged in investment and financial services, was founded in 1994. The corporation invests in the securities of both publicly traded and privately held businesses. Financial services, education, and real estate are among the diverse industries represented in its investment portfolio. 

Visagar Financial Services’ portfolio is mainly divided into investments and unquoted lending. Financial advisory services as well as corporate advisory services 

Visagar Financial Services’ activities in general include purchasing securities from both public and unlisted companies. When making investments, they carefully took into account issues like possibilities and current market conditions. Visagar Financial Services has invested in a range of industries. The sale of shares is where they make the most money. 

Visagar Financial Rights Issue Details 

Visagar Financial Rights Issue Date 12 January 2023 – 02 February 2023 
Visagar Financial Rights Issue Price INR 1 per share 
Issue Size (in Shares) 49,73,87,700 shares 
Issue Size (in INR) INR 49.73 crore 
Issue Entitlement 51 Rights Equity Shares for every 10 fully paid-up Equity Shares held as on the Record Date 
Terms of Payment The full amount of the Issue Price being INR 1 will be payable on application 
Visagar Financial Rights Issue Record Date 30 December 2022 
Face Value INR 1 per share 
Listing On BSE 
IEX Buyback 2023 Details

Visagar Financial Rights Issue Tentative Dates 

Visagar Financial Rights Issue Record Date 30 December 2022 
Credit of Rights Entitlement 11 January 2023 
Visagar Financial Rights Issue Opening Date 12 January 2023 
Last Date for Market Renunciation 25 January 2023 
Visagar Financial Rights Issue Closing Date 02 February 2023 
Finalization of Basis of Allotment 14 February 2023 
Visagar Financial Rights Allotment Date 15 February 2023 
Credit Date 16 February 2023 
Listing Date 01 March 2023 

Visagar Financial Valuations & Margins 

 FY 2020 FY 2021 FY 2022 
EPS – (0.11) 0.02 
PE ratio – – – 
RONW (%) – 2.97 1.99 
ROCE (%) (1.90) (2.55) 1.81 

Objects of the Issue: 

The Company intends to utilize the proceeds of the Issue towards the following objects: 

  1. To augment our capital base and provide for our fund requirements for increasing our operational scale with respect to our NBFC activities; and 
  1. General corporate purposes 

Visagar Financial Services Rights Issue Documents

Company Contact Information

Visagar Financial Services Limited
907-908, Dev Plaza, 9th Floor,
S.V. Road, Andheri (West),
Mumbai – 400 058

Phone: +91 22 67424815
Email: companysecretary@sakumaexportsltd.com
Website: http://www.vfsl.org/

Visagar Financial Services Rights Issue Registrar

  1. Adroit Corporate Services Pvt Ltd
    Phone: 91- 22- 2859 6060/2859 4060
    Email: divyan@adroitcorporate.com
    Website: http://www.adroitcorporate.com

IEX Buyback 2023 Details

IEX is the country’s first and biggest automated trading platform for physical electricity distribution. The Renewal Energy Certificate (REC) and Energy Saving Certificate (ESC) markets are conducted by Indian Energy Exchange (IEX), which holds a licence from the Central Electricity Regulatory Commission (CERC) (ESCerts). The company’s primary business is providing an automated platform and infrastructure for trading in electricity units for the actual delivery of electricity. 

The exchange, which has more than 7,300 registered users from 36 States and Union Territories, promotes effective price discovery, expands the electricity market’s accessibility and transparency, and speeds up trade execution. 57 distribution firms, more than 620 power producers, and more than 4645 open access users are among its partners. 

IEX Share Buyback 2023 Details 

Buyback Dates 11 January – 10 July 2023 
IEX Buyback Price  INR 200 per share 
Market Price on Buyback Approval INR 150.40 per share 
Buyback Premium on Market Price 32.98% 
Buyback Offer Size (Shares) 49,00,000 shares 
Buyback offer as % of total shares 0.55% 
Buyback Offer Size (Amount) INR 98 crore 
Offer Type Open Market 
Promoter Participation No 
Face Value  INR 1 per share 
Listing At BSE, NSE 
Dhanuka Agritech Buyback 2023 Details

IEX Buyback Dates  

Board Meeting for Buyback Proposal 25 November 2022 
Buyback Approval Date 25 November 2022 
Public Announcement of Buyback 3 January 2023 
IEX Buyback Record Date Not Applicable 
Buyback Opening Date 11 January 2023 
Buyback Closing Date 10 July 2023 
Cut-off Date to receive completed tender forms by Registrar Coming soon 
Verification Date by the Registrar Coming soon 
Return of unaccepted shares by Registrar Coming soon 
Extinguishment of accepted shares Coming soon 

Objects of the Issue 

The Buyback is being undertaken for the following reasons: 

  1. The Buyback gives the Company an opportunity to distribute surplus cash to its shareholders. 
  1. The buyback may help in improving return on equity and other financial ratios, by a reduction in the equity base, thereby leading to a long-term increase in shareholders’ value. 
  1. The buyback gives an option to the existing equity shareholders to participate in the Buyback and receive cash in lieu of equity shares. 

IEX Financial Performance 

 FY 2020 FY 2021 FY 2022 
Total Income 257.03 317.11 425.55 
Total Expenses 54.12 59.73 61.95 
Net income 177.92 213.49 302.51 

IEX Buyback 2022 Documents

Offer Letter
Draft Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback

Company Contact Information

Indian Energy Exchange Ltd
First Floor, Unit No. 1.14(a),
Avanta Business Centre, Southern Park,
D-2, District Centre, Saket, New Delhi – 110017

Phone: 0120 – 4648100
Email: contact@iexindia.com
Websitehttps://www.iexindia.com/default.aspx

Indian Energy Exchange Buyback Registrar

  1. KFin Technologies Limited
       KFintech, Tower-B, Plot No 31 & 32,
       Financial District, Nanakramguda, Gachibowli,
       Hyderabad, Telangana India – 500 032.

    Phone: 04067162222, 04079611000
    Email: einward.ris@kfintech.com
    Websitehttps://karisma.kfintech.com/

Indian Energy Exchange Buyback Manager

Lead Manager(s)

  1. IIFL Securities Ltd

Hatsun Agro Product Buyback Details

Hatsun Agro Product Ltd (HAP) manufactures and markets a range of high-quality dairy products. The company’s products include milk, curd, ice creams, dairy whitener, powdered skim milk, ghee, paneer, and many others that are suitable for both cooking and eating. More than a million Indian homes now recognise the HAP brands. Popular options across the nation include Arun Icecreams, Arokya Milk, Hatsun Curd, Hatsun Paneer, Hatsun Ghee, Hatsun Dairy Whitener, and Ibaco. 

The firm also has a strong international presence, exporting dairy ingredients to 42 different nations, mostly for the American, Middle Eastern, and South Asian markets. 20 plants are owned by Hatsun Agro Product Ltd. In the states of Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Puducherry, Kerala, Maharashtra, Goa, Gujarat, Chhattisgarh, and Odisha, the company’s brands have a sizable market share. 

Hatsun Agro Product Rights Issue Detail 

Issue Open Dec 19, 2022 – Jan 9, 2023 
Security Name Hatsun Agro Product Ltd 
Issue Size (Shares) 7,185,444 
Issue Size (Amount) ₹301.07 Crores 
Issue Price ₹419 per share 
Face Value ₹1 per share 
Listing At BSE,NSE 
Terms of Payment The amount of Rs 419 On Application has to be paid at the time of Application. 
Entitlement 1 Rights Share for every 30 Equity Shares held as on Record Date 
Suzlon Energy Rights Issue 2022: Issue Details

Hatsun Agro Product Rights Issue Tentative Dates 

Record Date Dec 8, 2022 
Credit of Rights Entitlements Dec 15, 2022 
Bid/Offer Opens On Dec 19, 2022 
Renunciation of Rights Entitlements Jan 3, 2023 
Bid/Offer Closes On Jan 9, 2023 
Deemed Date of Allotment Jan 17, 2023 
Credit Date Jan 19, 2023 
Listing Date Jan 23, 2023 

Company Financials 

Hatsun Agro Product Ltd Financial Information (Restated) 

Period Ended Total Assets Total Revenue Profit After Tax 
31-Mar-21 3117.03 5557.02 273.58 
31-Mar-22 3541.67 6380.18 248.25 
Amount in ₹ Crore 

Objects of the Issue: 

The company intends to utilize the Net Proceeds from the Issue towards the following objects: 

1. Repayment or pre-payment, in full or part, of certain outstanding borrowings availed by the Company. 

2. General corporate purposes. 

Rights Issue Documents

Company Contact Information

Hatsun Agro Product Ltd
Plot No. 14,
Tamil Nadu Housing Board
Sholinganallur, Chennai – 600 119, India

Phone: 044-24501622
Email: info@hap.in
Websitehttps://www.hap.in/

Rights Issue Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: hatsunagro.rights@linkintime.co.in
    Website: https://linkintime.co.in/

Rights Issue Lead Manager(s)

  1. Axis Capital Limited

Gyscoal Rights Issue 22: Issue price and Imp dates

Gyscoal Alloys, a 1999 incorporation, trades scrap iron and steel, billets, CTD bars, TMT bars, and stainless-steel long products. Angles, bright bars, black bars, flats, hexagonal and round corner squares (RCS), channels, sections, pata-patti, and rectangles in conventional sizes are among Gyscoal Alloys’ stainless steel long goods. The business received ISO 9001:2015 accreditation for the production and distribution of its goods. 

Thailand, Bangladesh, Vietnam, Kenya, Malaysia, Yemen, United Arab Emirates, Philippines, Egypt, Germany, Ecuador, Morocco, Guatemala, Italy, Taiwan, Sri Lanka, Belgium, Brazil, Turkey, Indonesia, Iran, Russia, and Myanmar are just a few of the nations that Gyscoal Alloys has shipped its goods to. 

Gyscoal Alloys Rights Issue 2022 Detail 

Issue Open Jan 2, 2023 – Jan 12, 2023 
Security Name Gyscoal Alloys Limited 
Issue Size (Shares) 178,851,382 
Issue Size (Amount) ₹49.18 Crores 
Issue Price ₹2.75 per share 
Face Value ₹1 per share 
Listing At BSE, NSE 
Terms of Payment The full amount is payable on application. 
Entitlement 110 Equity Shares for Every 100 Equity Shares held 

Gyscoal Rights Issue 2022 Issue Timetable 

Record Date Dec 23, 2022 
Credit of Rights Entitlements Dec 30, 2022 
Bid/Offer Opens On Jan 2, 2023 
Renunciation of Rights Entitlements Jan 9, 2023 
Bid/Offer Closes On Jan 12, 2023 
Deemed Date of Allotment Jan 19, 2023 
Credit Date Jan 25, 2023 
Listing Date Jan 27, 2023 

Gyscoal Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Total Borrowing 
31-Mar-22 87.03 22.92 -5.63 -31.46 79.09 
Amount in ₹ Crore 

Gyscoal Right issue Objectives: 

The company proposes to utilize the Net Proceeds towards the following objects: 

  1. Payment towards full and final settlement of outstanding loan amount of Omkara Assets Reconstruction Private Limited (“Omkara”); 
  1. Part repayment or pre-payment of unsecured loans availed by our Company from Sampati Securities Limited, one of the Promoter Group Company; and 
  1. General corporate purpose 

Rights Issue 2022 Documents

Company Contact Information

Gyscoal Alloys Limited
Plot No. 2/3 GIDC Ubkhal, Kukarwada,
Tal. Vijapur, Dist. Mehsana Kukarwada – 382830,
Mahesana, Gujarat- 382830 India

Phone: +079 66614508
Email: cs@gyscoal.com
Websitehttp://www.gyscoal.com/

Gyscoal Rights Issue 2022 Registrar

  1. Purva Sharegistry India Pvt Ltd
    Phone: +91-022-23018261/ 23016761
    Email: support@purvashare.com
    Website: http://www.purvashare.com

Gyscoal Alloys Rights Issue 2022 Lead Manager(s)

  1. Fedex Securities Limited

IIFL Finance NCD January 2023 Details

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IIFL Finance is a Mumbai-based non-deposit taking NBFC company that was founded in 1995. The organisation is listed with the RBI as an NBFC-ND-SI, or Systemically Important Non-Deposit Taking Non-Banking Financial Company. With its wide range of products, the company meets the credit needs of a varied consumer base. Home loans, gold loans, business loans, loans secured by property, financing for small and medium-sized businesses, microfinance, financing for construction and real estate, and capital market financing are among the services it provides to both individual consumers and businesses. 

IIFL Finance NCD January 2023 Details 

Subscription Dates 6 – 18 January 2023 
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) 
Face Value INR 1,000 per NCD 
Issue Price INR 1,000 per NCD 
Issue Size (Base) INR 100 crores 
Overall Issue Size (including oversubscription) INR 1,000 crores 
Minimum Lot size 10 NCDs 
Market Lot 1 NCD 
Tenor 24 months 
36 months 
60 months 
Credit Rating CRISIL AA/Stable 
ICRA AA (stable) 
Category Reservation Category 1 (QIB): 10% 
Category 2 (NII): 10% 
Category 3 (HNI): 40% 
Category 4 (Retail): 40% 
Basis of Allotment First Come First Serve 
Listing On BSE, NSE 
Muthoot Fincorp NCD January 2023 Details 

NCD Allocation Ratio 

Category ? NCD’s Allocated 
Institutional 10% 
Non-Institutional 10% 
HNI 40% 
Retail 40% 

NCD’s Offered by Category 

Category ? NCD’s Reserved 
Institutional 100,000 
Non-Institutional 100,000 
HNI 400,000 
Retail 400,000 
Total NCD’s 1,000,000 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Total Borrowing 
31-Mar-20 34373.41 4926.12 503.47 4667.66 27098.68 
31-Mar-21 40666.92 5989.69 760.81 5265.75 31595.37 
31-Mar-22 45910.18 7006.28 1188.25 6279.76 35255.97 
Amount in ₹ Crore 

Objects of the Issue 

The company proposes to utilize the funds for the following objects which are being raised through the Issue: 

  • For the purpose of onward lending, financing, and refinancing the existing indebtedness of IIFL Finance Limited – At least 75% 
  • General Corporate Purposes – Maximum of up to 25% 

IIFL Finance NCD January 2023 Prospectus

Company Contact Information

IIFL Finance Limited
IIFL House, Sun Infotech Park, Road No. 16V,
Plot No. B-23, Thane Industrial Area,
Wagle Estate, Thane 400 604

Phone: +91 22 4103 5000
Email: csteam@iifl.com
Websitehttp://www.iifl.com/

IIFL Finance NCD January 2023 Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai – 400083

Phone: +91-22-4918 6270
Email: iifl.ncd2022@linkintime.co.in
Website: https://linkintime.co.in/

IIFL Finance NCD January 2023 Lead Manager(s)

  1. Edelweiss Financial Services Ltd
  2. IIFL Securities Ltd
  3. Equirus Capital Private Limited
  4. Trust Investment Advisors Private Limited

InCred Financial Services NCD 2023 Details

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InCred Financial Services Limited, a 1995 incorporation, operates in the financial services industry. The business is listed as a non-deposit-taking systemically important NBFC with SEBI (Non-Banking Financial Company). Lower middle class to middle class Indian households can use the company’s services to meet their personal finance needs for loans for education and other purposes. Additionally, secured and unsecured business loans are provided through InCred Financial Services. Small enterprises, secured loans to K–12 Indian schools for their expansion ambitions, supply chain financing, lending to successful financial institutions and microfinance companies, and escrow-backed lending through its SME vertical are just a few of their clients. 

InCred Financial Services NCD January 2023 Details 

Subscription Dates 9 – 27 January 2023 
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) 
Face Value INR 1,000 per NCD 
Issue Price INR 1,000 per NCD 
Issue Size (Base) INR 175 crores 
Overall Issue Size (including oversubscription) INR 350 crores 
Minimum Lot size 10 NCDs 
Market Lot 1 NCD 
Tenor 27 Months 
39 Months 
Credit Rating CRISIL A+/Stable 
Category Reservation Category 1 (QIB): 20% 
Category 2 (NII): 20% 
Category 3 (HNI): 30% 
Category 4 (Retail): 30% 
Basis of Allotment First Come First Serve 
Listing On BSE, NSE 
Muthoot Fincorp NCD January 2023 Details 

NCD Allocation Ratio 

Category ? NCD’s Allocated 
Institutional 20% 
Non-Institutional 20% 
HNI 30% 
Retail 30% 

NCD’s Offered by Category 

Category ? NCD’s Reserved 
Institutional 350,000 
Non-Institutional 350,000 
HNI 525,000 
Retail 525,000 
Total NCD’s 1,750,000 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth 
31-Mar-20 2232.1 332.67 5.16 1040.5 
31-Mar-21 2804.53 392.48 2.17 1054.01 
31-Mar-22 4034.65 524.27 30.83 1115.19 
30-Sep-22 6194.28 398.12 46.76 2391.19 
Amount in ₹ Crore 

Objects of the Issue 

The company proposes to utilize the funds which are being raised through the Issue: 

  • For the purpose of onward lending, financing, and for repayment of interest and principal of existing borrowings of the Company – 75% of the amount raised and allotted in the Issue. 
  • General Corporate Purposes – 25% of the amount raised and allotted in the Issue. 

Incred Financial Services NCD Tranche I Jan 2023 Prospectus

Company Contact Information

Incred Financial Services Limited
Unit No. 1203, 12th Floor, B Wing, The Capital,
Plot No. C-70, G Block, Bandra Kurla Complex,
Bandra (East), Mumbai – 400 051

Phone: +91 22 6844 6100
Email: incred.compliance@incred.com
Websitehttp://www.incred.com/

Incred Financial Services NCD Tranche I Jan 2023 Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai – 400083

Phone: +91-22-4918 6270
Email: incred.ncd2@linkintime.co.in
Website: https://linkintime.co.in/

Incred Financial Services NCD Tranche I Jan 2023 Lead Manager(s)

  1. JM Financial Limited