Announced Wed, 24 Jun · 19:19 IST
Anand Rathi allots 11.1 crore NCDs at 9 percent via private placement
Fund Raising View source PDF
ARSSBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹553.20
prior close
₹554.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.2+0.0-0.5-3.6+0.6+0.9+3.0+1.6+3.2-3.5-7.3——
Up moveDown movePending
AI summary
Anand Rathi Share and Stock Brokers has allotted 1,110 secured, unlisted, redeemable NCDs of face value Rs 1 lakh each, totalling Rs 11.10 crores, via private placement to identified investors. The NCDs carry a 9 percent annual coupon with quarterly interest payments, a 3 year tenure maturing on June 22, 2029, and are secured by a first charge on company assets and receivables.
Likely market impact
Company raised Rs 11.10 cr via 9 percent NCDs, adding modest secured debt with 3 year maturity. No equity dilution as NCDs are non-convertible.