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Unlock the potential of secure investments with our Rated, Secured Redeemable Non-Convertible Debentures. Ready to take the next step? Simply leave your details, and our executive will reach out to you with all the information you need!

    Non Convertible Debentures (NCDs)

    NCD i.e. Non-Convertible Debenture is a debt instrument issued by companies registered under the Companies Act 1956/2013. The NCD is issued for a fixed period of time (tenor), and normally has options for pay out of interest on monthly/quarterly/annually basis, or cumulatively at the end of the period. The principal amount/maturity proceeds is transferred to the investor at the end of the fixed period.
    • Issue Size:  Base Issue of ₹75 Crores with an option to retain oversubscription up to ₹75 Crores.
    • Minimum Investment: ₹10,000 and in multiples of ₹1000.
    • Interest Payment Frequency:  Monthly / Cumulative

    Issue Structure**

    OptionsTenor
    (Months)
    Coupon Rate(%)
    (Per Annum)
    Effective Yield(%)
    (Per Annum)
    Frequency of
    Interest Payment
    Maturity value of
    Investment of Rs.1000
    I249.009.00Monthly1000.00
    IIN.A.9.31Cumulative1194.83
    III369.259.25Monthly1000.00
    IVN.A9.58Cumulative1315.66
    V6010.2510.25Monthly1000.00
    VIN.A.10.65Cumulative1658.72
    VII85N.A.10.38Cumulative2013.13

    ** for details of issue refer page 199 of the Prospectus

    Specific Terms of Issue:

    • Application in ASBA & UPI modes.
    • Demat Account Compulsory.
    • Allotments on First Come, First Serve basis.
    • Allotments into demat accounts only, trading through demat only.
    • Subject to applicable tax deducted at source, if any.
    • Applications accepted from Resident Individuals, Hindu Undivided Families,
    • MRI and Foreign Nationals cannot apply.
    • Option to Invest up to Rs. 5.00 Lakhs, through UPI mechanism by filling in UPI id in the application form
    • Option to invest up to Rs. 5.00 Lakhs directly online from the “BSE Direct” app, available in the Android play store & IOS app store or through the Website www.bsedirect.com.
    • Nomination facility available.
    • Facilities for demat services.

    Address

    62, Dr. Nanjappa Road, Coimbatore - 641 018, Tamil Nadu, India.

    Phone

    (0422) 4236200

    FAQ'S

    What is the Issue Size?

    The Base issue size is Rs. 75 Crore, with an option to retain oversubscription upto Rs. 75 Crore, aggregating to a total of Rs. 150 Crore.

    What is the face value of this NCD?

    The NCDs will be issued with a face value of Rs. 1,000/

    Is demat account necessary to invest in these NCDs?

    Yes. All Series of NCDs will be allotted in dematerialized form only. Trading in NCDs shall be
    compulsorily in dematerialized form only.

    Is ASBA the only method for applying for this issue?

    Yes. The applicant should have an account with an SCSB which provides an ASBA facility. Cheques, cash, and other forms of payment cannot be accepted.

    Can an applicant withdraw an application during the Issue Period?

    Applicants can withdraw their Applications during the Issue Period by submitting a request.

    What are the documents/certificates that need to be filed along with the Application Form for retail investors?

    No documents. All applicants shall be required to mention their PAN Number in the Application Form.

    Can I Apply online with a UPI id?

    Yes. The debenture holder shall register first in the “BSE Direct” app available in Android Play Store
    or “BSEDirect” app available in Apple App Store or through web site www.bsedirect.com, providing
    details along with UPI id. The debenture holder can then apply online and block the required amount.

    Disclaimer:

    For Disclaimers of SEBI, please refer to page 266 and for BSE, RBI, and ICRA, refer to page 267 of the Prospectus dated 13th June 2024. Investors are advised to invest after reading Prospectus available on www.sakthifinance.com

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