Wednesday, July 07, 2021

10.50% Sakthi Finance NCD June 2021 Issue Date, Rating & Interest Rates

Sakthi Finance Limited is Tamil Nadu based NBFC company incorporated in 1955. They are in commercial vehicles finance business. They are a part of "Sakthi Group" of companies. The company is doing finance business on pre-owned commercial vehicles. Sakthi Finance also provides finance for purchasing infrastructure construction equipment, multi-utility vehicles, cars, jeeps, and other machinery. The finances provided are secured by a lien on the assets financed. They have 49 branches in Tamil Nadu, Kerala, Andhra Pradesh, Karnataka, Maharashtra, Haryana, and Union Territory of Puducherry. Sakthi Finance has a rating of [ICRA] BBB (Stable) by ICRA. Sakthi Finance Secured and Unsecured, Redeemable, Non-Convertible Debentures (NCDs) subscription to start on 29 June 2021. Sakthi Finance will offer 10.50% interest rates on the NCDs. The NCDs tenure will be for 61 Months.

Sakthi Finance

Sakthi Finance NCD Issue Details

NCD Issue Open 29 June 2021
NCD Issue Close 23 July 2021
NCD Issue Size Base: 100 Cr. | Shelf: 100 Cr.
Price Band ₹1000 per NCD
Interest Rate Upto 10.50% ** (Monthly)
Minimum Investment 10 Bonds (₹10,000)
Maximum Investment 1,000 Bonds (₹10,00,000)
Listing on
 BSE Platform

Sakthi Finance NCD Issue Rating

  • ICRA Ratings: BBB (Stable)

Sakthi Finance NCD Issue Listing

  • NCD Bonds will be list on BSE.

Sakthi Finance NCD Issue Promoters

  • Dr. M. Manickam
  • Mr. M. Balasubramaniam 

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 (Click Here to Apply NCD).

Sakthi Finance NCD (June 2021) Issue Tenure & Interest Rates

AnnualMonthlyAnnualCumulative
26 Months
9.50%N/A10.42%
39 Months
9.75%N/A11.32%
49 Months
10.00%N/A12.17%
61 Months
10.50%N/A13.64%

About Sakhi Finance

Sakthi Finance Ltd is part of Sakthi Group of Companies based at Coimbatore, South India. The company is one of the leading NBFCs engaged in Commercial Vehicle financing. Sakthi Finance Ltd sustains continuous growth momentum without deviating from its founding Principles of Trust. The financial services and solutions provided by SFL is mainly to the small and medium truck operators to facilitate fulfillment of their growth. The Act like owner principle of the employees has in turn earned the trust of the customers. The Act like owner culture practiced by our employees complement our operations and enables the company to offer superior service delivery to all our customers.


Sakthi Finance NCD Lead Manager

  • Dalmia Securities Private Limited

Sakthi Finance NCD Allotment Status


NCD Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
 Email: sakthifinance.ncd2021@linkintime.co.in
Website: http://www.linkintime.co.in

Company Information

Sakthi Finance Limited
62, Dr. Nanjappa Road,
Post Box No. 3745,
Coimbatore - 641 018, Tamil Nadu
Phone: +91 (422) 2231471-474/423
Email: svenkatesh@sakthifinance.com
Website: https://www.sakthifinance.com/

Sakthi Finance NCD FAQs:


When is Sakthi Finance NCD Open?
Sakthi Finance NCD to Open on June 29 and Closes on July 29, 2021.

What is Sakthi Finance NCD Price?
The company has fixed the price at ₹1000 per NCD.

What is Sakthi Finance NCD Issue Size?
The NCD issue size is ₹100 crores.

On Which platform the Sakthi Finance NCD will list?
Sakthi Finance NCD will list on BSE Platform.

How to apply for Sakthi Finance NCD?
You can apply from your existing demat account online and offline.