M&M Fin Services allots Rs 1,250 crore NCDs at 7.95 percent coupon

Fund Raising View source PDF Explain this filing

M&MFIN · price

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

-0.9%Reaction day

₹331.00

prior close

₹328.00

announcement price

In-mkt

timing

Nifty Midcap 150market-1.0%+0.1% vs market

Non Banking Financial Company (NBFC) peers, median of 212sector-0.5%-0.4% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Midcap 150 and 0.4 pts less than its Non Banking Financial Company (NBFC) 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

Stock

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10m

+0.1

15m

+0.1

30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9-1.0+0.1-0.5-0.4

Next day

-2.1-0.9-1.2+0.2-2.3

-3.3-1.9-1.4-0.7-2.6

-1.8-1.4-0.4-0.4-1.5

-0.6-0.4-0.2-0.5-0.1

-3.2-1.1-2.1-0.7-2.5

-3.6-2.1-1.5-2.2-1.5

15d

-13.2-4.7-8.5-3.5-9.7

-19.9-3.7-16.1-4.7-15.2

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UpDownMarket · Nifty Midcap 150Sector · Non Banking Financial Company (NBFC) peers, median of 212Pending

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

AI summary

Mahindra & Mahindra Financial Services allotted 125,000 secured, rated, listed, redeemable NCDs of face value Rs 1 lakh each, aggregating Rs 1,250 crore on private placement. The size covers a base issue of Rs 1,000 crore plus a green shoe of Rs 250 crore. NCDs carry a fixed coupon of 7.95 percent per annum, issued at par, and will be listed on the BSE wholesale debt market segment.

Likely market impact

Raises Rs 1,250 crore debt funding at a competitive 7.95 percent coupon, showing steady investor demand but increasing overall borrowings.