Announced Tue, 21 Jul · 16:22 IST
Unifinz Capital approves INR 50 Crore NCD issuance at 12 percent coupon
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
-6.7%1-day move
₹120.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-6.7-6.8-7.5-10.8——————
Up moveDown movePending
AI summary
Unifinz Capital India's Asset Liability Management Committee approved issuing 50,000 secured NCDs at INR 10,000 each, raising INR 50 Crore via private placement, with a green shoe option of INR 25 Crore more. Coupon is 12 percent annually, paid monthly. Tenure is 18 months, maturing January 2028. NCDs to be listed on BSE Wholesale Debt Market segment. Secured by first charge on book debts at 1.15 times asset cover.
Likely market impact
Raises INR 50 Crore (up to 75 Crore with greenshoe) at 12 percent for 18 months. Adds to debt load but secured NCDs with 1.15x cover offer investor safety.