The base size issue is Rs 125 crore, with an option to retain over-subscription up to an additional Rs 125 crore (Green Shoe Option) aggregating up to Rs 250 crore.
The issue is scheduled to open on 05 December 2025 and close on 18 December 2025, with an option of early closure or extension.
There are 10 series of NCDs carrying fixed coupons and having a tenure of 24 months, 36 months, 60 months and 120 months with monthly and annual interest payment options.
An effective yield (per annum) for the NCD holders in all categories of investors ranges from 8.85% to 10.10%.
The NCDs issue has been rated CRISIL A+/Stable by CRISIL.
The minimum application size for each application for NCDs would be 10 NCDs which is Rs 10,000 across all series collectively and in multiples of 1 NCD (Rs 1000) thereafter. Allotment is on First Come First Served Basis.
NCDs are proposed to be listed on BSE.
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