Chemmanur Credits and Investments NCD December 2024 Details, Date, Tenure, Interest Rates

Chemmanur Credits and Investments NCD

Chemmanur Credits and Investments NCD date is scheduled to open on 31 December, 2024 and will close on 13 January, 2024. The company offers Secured, Redeemable, Non-Convertible Debentures NCDs of ₹50 Cr for base and ₹40 Cr for oversubscription issue. The Chemmanur Credits and Investments offer 12.62% interest rates with face value of ₹1000 each NCD. The price of NCD is ₹1000. Chemmanur Credits and Investments NCD has a rating of IND BBB-/Stable by India Ratings and Research Private Limited and decided tenure is for 367 Days, 18, 24, 36, 60, and 70 Months.

The lead managers of this NCD is Vivro Financial Services Private Limited while registrar is Kfin Technologies Limited. For more information check more updates on Latest and New NCD 2024 including credit rating, NCD price, coupon rates, allotment, Offer Documents, payment frequency and more.

Chemmanur Credits and Investments NCD December 2024 Details

NCD Open Date:31 December 2024
NCD Open Close:13 January 2024
Issue Size (Base):50 Cr.
Issue Size (Shelf):₹40 Cr
NCD Price:₹1000 per NCD
Face Value:₹1000 each NCD
Interest Rate:Up to 12.62% ** (Annually)
Minimum Investment:10 Bonds (₹10,000)
Credit Rating:IND BBB-/Stable by India Ratings and Research Private Limited
Tenor:367 Days, 18, 24, 36, 60, and 70 Months
Listing onBSE Platform
SeriesSeries I to IX
Basis of AllotmentFirst Come First Serve Basis
Payment FrequencyMonthly, Annual and Cumulative

Chemmanur Credits and Investments NCD December 2024 Offer Documents

Checkout the Chemmanur Credits and Investments December 2024 NCD offer documents of DRHP and RHP
NCD RHPClick Here
NCD DRHPClick Here

Chemmanur Credits and Investments NCD December 2024 Dates | Time Table

Get the dates and schedule for latest Chemmanur Credits and Investments December 2024 NCD is open and close date with BSE and NSE code, Script Symbol.
NCD Issue Open31 December 2024
NCD Issue Close13 January 2024
BSE Code:
Script Symbol:

Chemmanur Credits and Investments NCD Offer Allocation Ratio

Check out the Chemmanur Credits and Investments NCD December 2024 details for small shareholders and eligible shareholders.

CategoryAllocation
Institutional10%
Non-Institutional40%
HNI-%
Retail50%
Other-%

Chemmanur Credits and Investments NCD December 2024 Tenure and Interest Rates

TenurePaymentCouponEff. YieldAmount on Maturity
367 DaysMonthly9.5%9.92%₹1,000
18 MonthsMonthly10.75%11.3%₹1,000
24 MonthsMonthly11%11.57%₹1,000
60 MonthsMonthly12%12.68%₹1,000
36 MonthsAnnual11.15%11.15%₹1,000
60 MonthsAnnual12.1%12.1%₹1,000
367 DaysCumulativeNA9.5%₹1,095.52
24 MonthsCumulativeNA11%₹1,232
70 MonthsCumulativeNA12.62%₹2,000.28

Chemmanur Credits and Investments Company Financial Report

₹ in Crores

YearRevenueExpensePAT
Sept 2024₹680.64₹674.6.3₹6.02

Chemmanur Credits and Investments December 2024 Promoters

  • Chemmanur Devassykutty Boby is the promoters of the company.

How to Apply for Chemmanur Credits and Investments NCD December 2024

  • Apply through your existing Demat account online/offline
  • Download form from official website

About Chemmanur Credits and Investments

Chemmanur Credits and Investments Limited was founded in 2008. This is NBFC(Non-Banking Financial Company) registered with the RBI. This company provides money to people in exchange for gold as a security. The company operates in the states of Kerala, Tamil Nadu, and Karnataka. Moreover, the company also provides small loans, business and personal loans, money transfer services, and sells insurance products from other companies. In 2024, this company will have a total of 282 branches in different states like  Kerala, Tamil Nadu, Karnataka, Maharashtra, and Andhra Pradesh. It has a main office in Thrissur and Kerala and 1,424 are their employees. The company is part of the Boby Chemmanur Group, which is based in Kerala, India, and operates in various industries. Moreover, this firm has a vision to be a renowned and available firm in India, with a wide network of branches offering various products and services. They have committed to providing excellent services to increase shareholders and fulfilling their social responsibilities with care, competence, and good corporate governance.

Objects of the Issue

  • For onward lending, financing, and repayment/prepayment of principal and interest on borrowings of the Company
  • General corporate purposes

Chemmanur Credits and Investments NCD December 2024 Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: ccil.ncdipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

Chemmanur Credits and Investments NCD December 2024 Lead Manager

  • Vivro Financial Services Private Limited

Chemmanur Credits and Investments December 2024 NCD allotment status check on Kfin Technologies website – Click Here

Company Address

Door No. D1 to D4, 3rd Floor
Avenue Tower, East Fort,
Thrissur East, Thrissur-680005
Phone: +91 487-7121200
Email: cs@chemmanurcredits.com
Website: http://www.chemmanurcredits.com

Chemmanur Credits and Investments NCD December 2024 Reviews

  • Avoid

Chemmanur Credits and Investments NCD December 2024 FAQs

When is Chemmanur Credits and Investments NCD December 2024 Open and Close Date?

The Chemmanur Credits and Investments NCD December 2024 2024 opens on 31 December 2024, and closes on 13 January 2024..

What is Size of Chemmanur Credits and Investments NCD December 2024?

The NCD issue size is ₹40 crores for base and ₹50 Cr for Shelf.

What is the offer price for Chemmanur Credits and Investments NCD December 2024?

The offer price is ₹1000 per NCD.

What is the Tenure & Interest Rates for this NCD?

The Tenure is 24 to 84 Months and Interest Rates is Up to 12.62% annually..

What is type of Chemmanur Credits and Investments NCD December 2024?

This is a Secured, Redeemable and Non-Convertible Debentures (Secured NCDs)..

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