Lodha Developers allots 300 crore rupees NCDs at 8.28 percent coupon

Fund Raising View source PDF Explain this filing

LODHA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.9%Reaction day

₹939.10

prior close

₹948.00

announcement price

In-mkt

timing

Nifty 100market-0.2%+2.1% vs market

Residential Commercial Projects peers, median of 65sector+0.6%+1.2% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty 100 and 1.2 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

+1.9-0.2+2.1+0.6+1.2

Next day

+5.7+0.4+5.4+1.3+4.4

+6.6+1.0+5.6+1.3+5.4

+12.9+1.3+11.6+2.1+10.8

+16.6+2.0+14.7+2.1+14.5

+17.3+1.7+15.5+1.9+15.4

+27.8+0.1+27.7+0.6+27.2

15d

+27.9+1.1+26.8+1.3+26.6

+37.2+1.6+35.6-0.4+37.5

+27.6+1.0+26.6+1.6+26.0

+20.9-5.0+25.8-2.9+23.8

UpDownMarket · Nifty 100Sector · Residential Commercial Projects peers, median of 65Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Lodha Developers allotted 30,000 secured, listed, senior, redeemable non-convertible debentures of 1 lakh rupees each, totaling 300 crore rupees, via private placement. Coupon is benchmark-linked (3-month T-Bill plus 3.03 percent spread), currently 8.28 percent annually, paid half-yearly. Tenure runs from June 30, 2026 to February 15, 2030. NCDs will list on NSE wholesale debt market with first-ranking charge on certain company assets.

Likely market impact

Raises 300 crore rupees via debt at market-linked rate; secured borrowing adds repayment obligation but avoids equity dilution.