NCD Issue from Shriram City Union Finance Limited is available now for subscription.
Opening : November, 25 2013 Closing : December, 24 2013 – Allotment on first-cum first-served basis
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Issue Size : Rs.100 Crores with an option to retain over subscription upto Rs.100 crores aggregating to Rs.200 crores
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Face Value of NCD – Rs.1000/- Minimum application - Rs.10000/- (for 10 NCD’s) and in multiples of Rs.1000/- thereof
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NCD Holding – can be held in physical and Dematerialized form
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Credit Rating – “Care AA” rate by CARE, indicating high degree of safety regarding timely servicing of financial obligations
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Listing – BSE and NSE. Trading in Dematerialized form only
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Category of Investors - Category 1- Institutional Investors – Statutory Corporations, Banks, etc
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Interest Payment options – Annual Interest Payment (12 months from the date of allotment) / Cumulated Option
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Tenors – 3 years, 4 years, 5 years
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Secured Debentures
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Principal Repayment Options – Option 1 – At the end of the Tenor (3rd year, 4th year or 5th year)
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