The Tranche II issue offers several series of NCDs for subscription with coupon rates ranging from 8.33 percent to 9.55 percent per annum.
The issue opens for registration on Monday, September 5 and closes on September 22.
The NCDs under the tranche II issuance have a maturity of 24 months (Series I, II, III), 36 months (Series IV, V, VI) and 60 months (Series VII, VIII).
Effective yield (per year) for the
Edelweiss Financial Services Limited, AK Capital Services Limited, IIFL Securities Limited and Trust Investment Advisors Private Limited are leading managers in this field.
It is proposed to list the NCDs on BSE Limited and
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