Suryoday SFB allots INR 200 Crore Basel II Tier II NCDs at 10.05% coupon

Fund Raising View source PDF Explain this filing

SURYODAY · price

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

-1.6%Reaction day

₹149.50

prior close

₹147.36

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-1.9% vs market

Other Bank peers, median of 8sector-1.0%-0.6% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 0.6 pts less than its Other Bank 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

-0.2

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6+0.3-1.9-1.0-0.6

Next day

-1.0+1.1-2.1+0.7-1.7

-2.2+1.3-3.5+1.9-4.1

-1.2+2.0-3.2+2.8-4.0

-1.7+0.3-2.1+1.2-2.9

-0.7+1.1-1.7+1.5-2.2

-4.8-3.2-1.6-3.5-1.3

15d

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UpDownMarket · Nifty Microcap 250Sector · Other Bank peers, median of 8Pending

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

AI summary

Suryoday Small Finance Bank has allotted 200 unsecured, subordinated, listed, redeemable NCDs classified as Basel II Lower Tier II Capital on private placement basis. Total issue size is INR 200 Crore (Rs 1 Crore face value per NCD), issued at par with a fixed coupon of 10.05% per annum, payable semi-annually. Tenure up to 10 years, maturing October 9, 2036. NCDs will be listed on BSE.

Likely market impact

Raises INR 200 Crore Tier II capital to strengthen regulatory capital base; existing equity not diluted; NCD holders earn 10.05% fixed income.