Service: Public Issue - NCD

Lead Manager to Indiabulls Housing Finance Limited for their Public Issue of Secured & Unsecured NCDs

Deal Highlights:

  • The Issue received an overwhelming response from investors. The Issue was subscribed 3.96 times of the Base Issue Size and 0.79 times of the Tranche I Issue Size
  • The Issue offered a diverse set of interest payment options like annual, monthly and at maturity to Investors with tenures ranging from 24 months to 87 months encompassing both the shorter and longer investment horizons

Our Contribution:

  • We managed to garner healthy participation from a varied set of investors
  • As Left Lead Manager, we hand-held the Company with end-to-end execution, swift regulatory approvals and timely launch in spite of significant changes in the regulatory framework
  • This is our back-to-back third successful NCD issue closure for a HFC within the first half of the current fiscal year; A great testimony of our understanding of HFCs

Lead Manager to IIFL Home Finance Limited for their Public Issue of Unsecured NCDs

Deal Highlights:

  • The Issue received an overwhelming response from investors. The Issue was subscribed 6.56 times of the Base Issue Size and 0.66 times of the Tranche I Issue Size
  • The Issue offered a diverse set of interest payment options like annual, monthly and at maturity to Investors with fixed tenor of 87 months

Our Contribution:

  • We managed to garner healthy participation from a varied set of investors
  • As Left Lead Manager, we hand-held the Company with end-to-end execution, swift regulatory approvals and timely launch
  • This is our back-to-back successful NCD issue closure for a HFC within the first half of the current fiscal year; A great testimony of our understanding of HFCs

Lead Manager to Piramal Capital & Housing Finance Ltd. for their maiden Public Issue of Secured NCDs

Deal Highlights:

  • Maiden Public Issue of NCDs of Piramal Capital & Housing Finance Ltd
  • The Issue received an overwhelming response from investors and was pre-closed
  • The Issue offered a diverse set of tenors to Investors ranging from 26 months to 120 months for both short-term and long-term investment horizon

Our Contribution:

  • We managed to garner healthy participation from a varied set of investors
  • As one of the Lead Managers, we hand-held the Company with end-to-end execution, swift regulatory approvals, and various deal contours
  • This is our 2nd successful NCD issue closure for a HFC within the first half of the current fiscal year; A great testimony of our understanding of HFCs

Lead Manager to IIFL Finance Limited for their Public Issue of Secured NCDs