CreditAccess Grameen NCD November 2022 description – The company is a leading Indian micro-finance institution headquartered in Bengaluru, focused on providing joint liability group (JLG) loans and micro-loans primarily to women customers predominantly in rural areas in India. According to MFIN India, it was the largest NBFC- MFI in India in terms of gross loan portfolio as of March 2022. The company offers a diverse suite of lending products that cater to critical needs of its customers throughout their life cycle and includes income generation, health care, education, festival celebration, home improvement, water, and sanitation.
CreditAccess Gramin focuses predominantly on customers in rural areas in India, who largely lack access to the formal banking sector and present a latent opportunity for offering micro-loans. Its focus customer segment are women having an annual household income of up to INR 300,000 as per the new microfinance regulations announced by RBI in March 2022.
As of 30 September 2022, it had presence in 333 districts in the 14 states (Karnataka, Maharashtra, Madhya Pradesh, Tamil Nadu, Kerala, Odisha, Chhattisgarh, Goa, Bihar, Jharkhand, Gujarat, Rajasthan, Uttar Pradesh and West Bengal) and one union territory (Puducherry) in India through 1,684 branches and 16,018 employees, serving active consolidated customer base of 38 lakhs.
Promoters of CreditAccess Grameen – CreditAccess India N.V.
CreditAccess Grameen NCD November 2022 Details
| Abonnementsdata | 14 november - 2 december 2022 |
| Beveiligings type | Beveiligde, inwisselbare, niet-converteerbare obligaties |
| Nominale waarde | INR 1,000 per NCD |
| Uitgifteprijs | INR 1,000 per NCD |
| Uitgiftegrootte (basis) | INR 250 crore |
| Totale uitgifteomvang (inclusief overinschrijving) | INR 500 crore |
| Minimale kavelgrootte | 10 NCD's |
| Marktkavel | 1 NCD |
| Tenor | 24 maanden 36 maanden 60 maanden |
| Credit Rating | IND AA-/Stable |
| Categorie Reservering | Categorie 1 (QIB): 25% Categorie 2 (NII): 35% Categorie 3 (HNI): 15% Categorie 4 (Detailhandel): 25% |
| Basis van toewijzing | Wie het eerst komt, het eerst maalt |
| Vermelding op | NSE, BSE |
CreditAccess Grameen NCD November 2022 – Options and Coupon Rates
| Keuze | Ambtsperiode | Rentebetaling | Couponrente | Effectieve opbrengst | Looptijd Bedrag |
| Serie 1 | 24 maanden | Maandelijks | 9.45% | 9.83% | INR1,000 |
| Serie 2 | 24 maanden | Cumulatief | NA | 9.83% | INR1,206.57 |
| Serie 3 | 36 maanden | Maandelijks | 9.60% | 10.02% | INR1,000 |
| Serie 4 | 36 maanden | Cumulatief | NA | 10.02% | INR1,332.07 |
| Serie 5 | 60 maanden | Maandelijks | 10.00% | 10.46% | INR1,000 |
| Serie 6 | 60 maanden | Cumulatief | NA | 10.46% | INR1,644.91 |
CreditAccess Grameen Non Convertible Debentures Lead Manager
AK Capital Services Limited
603, 6e verdieping, Windsor,
Off CST Road, Kalina, Santacruz (East),
Mumbai – 400 098, Maharashtra
Tel: +91 22 6754 6500
E-mail: [e-mail beveiligd]
Website: www.akgroup.co.in
CreditAccess Grameen Non Convertible Debentures Registrar
Kfin Technologies Limited
Seleniumtoren B, perceel nr. - 31 & 32,
Financieel District, Nanakramguda,
Serilingampally, Hyderabad Rangareddi,
500 032, Telangana, India
Telefoon: +91 40 6716 2222
E-mail: [e-mail beveiligd]
Website: www.kfintech.com
CreditAccess Grameen NCD Documents
CreditAccess Grameen Limited
New No. 49 (Old No. 725),
46th Cross, 8th Block, Jayanagar,
Next to Rajalakshmi Kalyana Mantap,
Bengaluru 560 071, Karnataka
Telefoonnummer: + 91 80 2263 7300
E-mail: [e-mail beveiligd]
Website: https://www.creditaccessgrameen.in
CreditAccess Grameen NCD November 2022 Subscription Status (no. of times)
| Datum | QIB | BLIK | HNI | Retail | Totaal |
| 14 november 2022 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 15 november 2022 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
CreditAccess Grameen NCD November 2022 Allotment Status
CreditAccess Grameen NCD November 2022 allotment status will be updated at the website of KFin Technologies’ website. Click on deze link om de toewijzingsstatus te krijgen.
CreditAccess Grameen NCD November 2022 FAQs
What is the face value and lot size of CreditAccess Grameen NCD November 2022?
De NCD's worden uitgegeven tegen een nominale waarde van INR1,000 elke NCD en de minimale kavelgrootte is 10 NCD's.
What is the frequency of interest payment in CreditAccess Grameen NCD November 2022?
De frequentie van betaling voor CreditAccess Grameen NCD is Monthly & Cumulative.
What is basis of allotment in CreditAccess Grameen NCD November 2022 offer?
CreditAccess Grameen NCDs will be allotted on a Wie het eerst komt het eerst maalt.
