Nido Home Finance NCD February 2024 – Effective Yield 10.75% p.a.

Nido Home Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on February 13, 2024. Nido Home Finance will offer 10.75% interest rates on the NCDs. Nido Home Finance NCD has a rating of CRISIL A+/Stable by CRISIL Ratings Limited. 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 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. The Company has obtained a Certificate of Registration dated May 19, 2023, bearing registration no. –OR -00081 issued by the Reserve Bank of India under Section 29A of the National Housing Bank Act, 1987pursuant to the change in the name of the Company from Edelweiss Housing Finance Limited to Nido Home Finance Limited commence/carry on the business of a housing finance institution without accepting public deposits subject to the conditions mentioned in the certificate of registration.

We offer customers a range of mortgage-related loan products, including

  • Home Loans
  • Non-Housing Loans including loans against property (LAP)
  • Construction Finance

Nido Home Finance NCD February 2024 Details

NCD Issue OpenFebruary 13, 2024
NCD Issue CloseFebruary 26, 2024
NCD Issue SizeBase: 50 Cr. | Shelf: 100 Cr.
Price Band₹1000 per NCD
Interest RateUp to 10.75% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE Platform
Credit RatingCRISIL AA/Stable by CRISIL Ratings Limited
Tenor24, 36, 60 and 120 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

Nido Home Finance NCD February 2024 Promoters

  • The Company has no identifiable promoters and is a professionally managed company.

How to Apply Nido Home Finance NCD February 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

  • May Apply

Nido Home Finance NCD February 2024 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
124 MonthAnnual9.50%9.50%
224 MonthsCumu.NA9.50%
336 MonthsMonth9.58%10.00%
436 MonthsAnnual10.00%10.00%
536 MonthsCumu.NA10.00%
660 MonthsMonth10.03%10.49%
760 MonthsAnnual10.50%10.49%
860 MonthsCumu.NA10.50%
9120 MonthsMonth10.26%10.75%
10120 MonthsAnnual10.75%10.74%

Nido Home Finance NCD Allocation Ratio

CategoryAllocation
Institutional10%
Non-Institutional10%
HNI40%
Retail40%

Nido Home Finance NCD February 2024 Lead Manager

  • Tipsons Consultancy Services Private Limited
  • Nuvama Wealth Management Limited

Nido Home Finance NCD February 2024 Allotment Status

  • Nido Home Finance NCD issue allotment available on KFintech.

Nido Home Finance NCD February 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]
Websitehttps://www.nidohomefin.com/

Nido Home Finance NCD February 2024 FAQs:


When is Nido Home Finance NCD Open?

Nido Home Finance NCD is to open on February 13 and close on February 26, 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 ₹100 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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