UltraTech allots Rs 5,000 crore NCDs across three tenures

Fund Raising View source PDF Explain this filing

ULTRACEMCO · price

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

+1.6%Reaction day

₹11863.00

prior close

₹11957.00

announcement price

In-mkt

timing

Nifty 100market+1.5%+0.1% vs market

Cement & Cement Products peers, median of 36sector+1.2%+0.5% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty 100 and 0.5 pts more than its Cement & Cement Products 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

+1.6+1.5+0.1+1.2+0.5

Next day

+1.0+0.9+0.1+1.2-0.1

+2.8+1.0+1.7+2.0+0.7

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UpDownMarket · Nifty 100Sector · Cement & Cement Products peers, median of 36Pending

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

AI summary

UltraTech Cement has allotted Rs 5,000 crore unsecured, listed, rated NCDs on private placement in three series of Rs 1,500, Rs 1,500 and Rs 2,000 crore. Tenures are 2.5, 3.5 and 5 years with annual coupons of 7.22 percent, 7.23 percent and 7.25 percent. Debentures are listed on NSE and will be redeemed at par on maturity.

Likely market impact

Raises Rs 5,000 crore debt at around 7.2 percent cost. No equity dilution for shareholders. Adds annual interest burden of about Rs 360 crore.