Monday, April 15, 2019

10.25% Sakthi Finance NCD April 2019 Issue Dates, Rating & Interest Rates

Sakthi Finance is coming up with Secured Unsecured Non-Convertible Debentures NCDs. The subscription to start from 10th April 2019. Sakthi Finance will offer 10.25% interest rates on the NCDs. The company Sakthi Finance incorporated in 1955. It is registered with RBI as NBFC  and engaged in vehicle finance sector. They provide services in Southern India and they have strong network in Kerala and Tamil Nadu.

Sakthi Finance NCD Issue Details:
  • NCD Issue Open: 10 April 2019
  • NCD Issue Close: 09 May 2019
  • NCD Issue Size: Rs.100 Crore
  • Price Band: Rs.1000
  • Interest Rate: Upto 10.75% ** (Annually)
  • Minimum Investment: 10 Bonds (Rs 10,000)
  • Maximum Investment: 1,000 Bonds (Rs 10,00,000)
  • Listing: BSE
  • Listing Date: Within 6 Working Days of Issue Closing Date
Sakthi Finance NCD Issue Rating:
  • ICRA Ratings: ICRA BBB / Stable
Sakthi Finance NCD Issue Listing:
  • NCD Bonds will be list on BSE.
Sakthi Finance NCD Issue Promoters:
  • Shriram Capital Limited
How to Apply Sakthi Finance NCD Issue?
You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.
Sakthi Finance NCD (April 2019) Issue Tenure & Interest Rates: Details
24 Months9.50%--
36 Months9.75%9.75%-
48 Months10.00%10.00%-
61 Months10.75%10.75%-

Sakthi Finance NCD Lead Manager:

  • Dalmia Securities Private Limited
Sakthi Finance NCD (April 2019) Allotment Status:
NCD Registrar:
S.K.D.C Consultants Limited
Kanapathy Towers, 3rd Floor,
1391/A1, Sathy Road, Ganapathy,
Coimbatore - 641 006, Tamil Nadu
Phone: 91-422-6549995, 2539835-36

Company Information:
Sakthi Finance Limited
62, Dr. Nanjappa Road,
Post Box No. 3745,
Coimbatore - 641 018, Tamil Nadu
Phone: +91 (422) 2231471-474/423