360 ONE Prime is a wholly-owned subsidiary of 360 ONE WAM Limited, operating as a lending vehicle of the 360 ONE group. They are registered as a non-deposit non-banking financial company with the Reserve Bank of India under Section 45-IA of the Reserve Bank of India Act (NBFC) and classified as a middle-layer NBFC. Their product suite primarily includes Loans against Securities (LAS), Loan- property (LAP), and unsecured lending products. The Company provides customized lending solutions including financing against a combination of liquid and illiquid financial assets to meet all funding requirements of their clients in the form of term loans and advances.
360 ONE Prime Tranche I NCD May 2024 Details
NCD Issue Open | May 24, 2024 |
NCD Issue Close | June 6, 2024 |
NCD Issue Size | Base: 100 Cr. | Shelf: 1500 Cr. |
Price Band | ₹1000 per NCD |
Face Value | ₹1000 per NCD |
Interest Rate | Up to 9.84% ** (Annually) |
Minimum Investment | 10 Bonds (₹10,000) |
Listing on | BSE Platform |
Credit Rating | CRISIL AA/Stable by CRISIL Ratings Limited [ICRA] AA (stable) by ICRA Limited. |
Tenor | 18, 24, 36, 60 and 120 Months |
Basis of Allotment | First Come First Serve Basis |
DRHP Document | Click Here |
RHP Document | Click Here |
360 ONE Prime NCD May 2024 Promoters
- 360 ONE WAM Limited is the promoter and is a professionally managed company.
How to Apply 360 ONE Prime NCD May 2024 Issue?
You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.
360 ONE Prime NCD Review
- Avoid
360 ONE Prime NCD May 2024 Tenure & Interest Rates
Opt | Tenure | Payment | Coupon | Eff. Yield |
1 | 18 Month | Month | 8.86% | 9.22% |
2 | 18 Month | Annual | 9.16% | 9.23% |
3 | 24 Month | Month | 8.98% | 9.36% |
4 | 24 Month | Annual | 9.35% | 9.35% |
5 | 36 Month | Month | 9.16% | 9.55% |
6 | 36 Month | Annual | 9.55% | 9.55% |
7 | 60 Month | Month | 9.21% | 9.60% |
8 | 60 Month | Annual | 9.60% | 9.60% |
9 | 120 Month | Month | 9.44% | 9.86% |
10 | 120 Month | Annual | 9.85% | 9.84% |
360 ONE Prime NCD Allocation Ratio
Category | Allocation |
Institutional | 25% |
Non-Institutional | 25% |
HNI | 25% |
Retail | 25% |
360 ONE Prime NCD May 2024 Lead Manager
- IIFL Securities Ltd.
- Trust Investment Advisors Private Limited
- A.K. Capital Services Limited
360 ONE Prime NCD May 2024 Allotment Status
- 360 ONE Prime NCD issue allotment available on Linkintime.
360 ONE Prime NCD May 2024 Registrar
Link Intime India Pvt Ltd
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in
Company Information
360 ONE Prime Limited
360 ONE Centre, Kamala City, Senapati Bapat Marg,
Lower Parel, Delisle Road, Mumbai – 400 013, Maharashtra
Phone: +91 22 4876 5600
Email: [email protected]
Website: www.iiflwealthprime.com