Sakthi Finance Limited was founded in 1955 and it is part of the Sakthi Group in Coimbatore, South India. Further, it has focused on financing used commercial vehicles, machinery, cars, jeeps, and vehicles for infrastructure construction. The company secures its loans with a lien on the financed assets. It has a network of 54 branches across Tamil Nadu, Kerala, Andhra Pradesh, Karnataka, Maharashtra, Haryana, and Puducherry. Additionally, the company generates wind power through 17 wind plants, with a total capacity of 5,150 kW, located in Tamil Nadu and Gujarat. It has an aim to provide a top-notch solution to the consumers regarding their vehicles and wants to become famous as a good financier.
Sakthi Finance NCD March 2025 Details
NCD Issue Open | March 17, 2025 |
NCD Issue Close | March 28, 2025 |
NCD Issue Size | Base: 50 Cr. | Shelf: [.] Cr. |
Price Band | ₹1000 per NCD |
Interest Rate | Up to 10.38% ** (Annually) |
Minimum Investment | 10 Bonds (₹10,000) |
Listing on | BSE Platform |
Credit Rating | [ICRA] BBB (Stable) by ICRA Limited |
Tenor | 24, 36, 60 and 85 months |
Basis of Allotment | First Come First Serve Basis |
DRHP Document | Click Here |
RHP Document | Click Here |
Sakthi Finance NCD March 2025 Promoters
- Dr. M. Manickam and Shri. M. Balasubramaniam are the promoters of the company.
How to Apply Sakthi Finance NCD March 2025 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.
Sakthi Finance NCD Review
- Avoid
Sakthi Finance NCD March 2025 Tenure & Interest Rates
Opt | Tenure | Payment | Coupon | Eff. Yield |
1 | 24 Month | Month | 9% | 9% |
2 | 24 Month | Cumu. | NA | 9.31% |
3 | 36 Month | Month | 9.25% | 9.25% |
4 | 36 Month | Cumu. | NA | 9.58% |
5 | 60 Month | Month | 10.25% | 10.25% |
6 | 60 Month | Cumu. | NA | 10.65% |
7 | 85 Month | Cumu. | NA | 10.38% |
Sakthi Finance NCD Allocation Ratio
Category | Allocation |
Institutional | 5% |
Non-Institutional | 15% |
HNI | 40% |
Retail | 40% |
Sakthi Finance NCD March 2025 Lead Manager
- Bonanza Portfolio Limited
Sakthi Finance NCD March 2025 Allotment Status
- Sakthi Finance NCD issue allotment available on MUFG Intime.
Sakthi Finance NCD March 2025 Registrar
MUFG Intime India Private Limited
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Company Information
Sakthi Finance Limited
62, Dr. Nanjappa Road,
Post Box No. 3745,
Coimbatore – 641018
Phone: +91 422 2231471
Email: [email protected]
Website: http://www.sakthifinance.com