Nido Home Finance NCD June 2024 – Effective Yield 10.74% p.a.

Nido Home Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on June 13, 2024. Nido Home Finance will offer 10.74% interest rates on the NCDs. Nido Home Finance NCD has a rating of CRISIL A+/ Watch Negative The NCDs tenure is for 24, 36, 60 and 120 months. Check out Nido Home Finance NCD 2024 details here.

nido-home-finance-ncd

Nido Home Finance Limited is a non-deposit-taking Housing Finance Company focused on offering secured loan products to suit the needs of individuals, including small ticket loans to their customers in the affordable housing category. They are a part of Edelweiss group which is one of the leading diversified financial services groups in India. Their Company was incorporated on May 2, 2008. Their Company has obtained a Certificate of Registration dated May 19, 2023, bearing registration no. DOR – 00081 issued by the Reserve Bank of India under Section 29A of the National Housing Bank Act, 1987 under the change in the name of the Company from Edelweiss Housing Finance Limited to Nido Home Finance Limited to commence/carry on the business of a housing finance institution without accepting public deposits subject to the conditions mentioned in the certificate of registration.


Nido Home Finance Tranche I NCD June 2024 Details

NCD Issue OpenJune 13, 2024
NCD Issue CloseJune 17, 2024
NCD Issue SizeBase: 50 Cr. | Shelf: 100 Cr.
Price Band₹1000 per NCD
Interest RateUp to 10.74% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE Platform
Credit RatingCRISIL A+/ Watch Negative
Tenor24, 36, 60 and 120 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

Nido Home Finance NCD June 2024 Promoters

  • The Company has Edelweiss Financial Services Limited, Edelweiss Rural & Corporate Services Limited, and Edel Finance Company Limited as a promoters and is a professionally managed company.

How to Apply Nido Home Finance NCD June 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.

Nido Home Finance NCD Review

  • Avoid

Nido Home Finance NCD June 2024 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
124 MonthAnnual9.50%9.50%
224 MonthNANA9.50%
336 MonthMonth9.58%10.01%
436 MonthAnnual10.00%10.00%
536 MonthNANA10.00%
660 MonthMonth10.03%10.50%
760 MonthAnnual10.50%10.49%
860 MonthNANA10.50%
9120 DaysMonth10.26%10.75%
10120 DaysAnnual10.75%10.74%

Nido Home Finance NCD Allocation Ratio

CategoryAllocation
Institutional10%
Non-Institutional10%
HNI40%
Retail40%

Nido Home Finance NCD June 2024 Lead Manager

  • Tipsons Consultancy Services Private Limited
  • Nuvama Wealth Management Limited

Nido Home Finance NCD June 2024 Allotment Status

  • Nido Home Finance NCD issue allotment available on KFintech.

Nido Home Finance NCD June 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: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

Company Information

Nido Home Finance Limited
Tower 3, 5th Floor,
Wing B, Kohinoor City Mall Kohinoor City,
irol Road, Kurla (West) Mumbai – 400070
Phone: +91 22 4272 2200
Email: [email protected]
Website: https://www.nidohomefin.com/

Nido Home Finance NCD June 2024 FAQs:


When is Nido Home Finance NCD Open?

Nido Home Finance NCD is to open on June 13, 2024 and close on June 17, 2024.

What is Nido Home Finance NCD Price?

The company has fixed the price at ₹1000 per NCD.

What is Nido Home Finance NCD Issue Size?

The NCD issue size is ₹50 crores.

On Which platform the Nido Home Finance NCD will list?

Nido Home Finance NCD will list on BSE Platforms.

How to apply for Nido Home Finance NCD?

You can apply from your existing Demat account online and offline.

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