Sakthi Finance Limited is Tamil Nadu primarily based NBFC firm included in 1955. They are in business autos finance enterprise. They are part of “Sakthi Group” of firms. The firm is doing finance enterprise on pre-owned business autos. Sakthi Finance additionally gives finance for buying infrastructure development tools, multi-utility autos, vehicles, jeeps, and different equipment. The funds offered are secured by a lien on the belongings financed. They have 49 branches in Tamil Nadu, Kerala, Andhra Pradesh, Karnataka, Maharashtra, Haryana, and Union Territory of Puducherry.
Sakthi Finance has a ranking of ICRA BBB (Stable). Sakthi Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to begin on 11 April 2022. Sakthi Finance will provide 12.77% rates of interest on the NCDs. The NCDs tenure is for twenty-four, 36, 48, and 60 months.
Sakthi Finance NCD April 2022 Issue Details
| Â NCD Issue Open | Â 11 April 2022 |
| Â NCD Issue Close | Â 04 May 2022 |
| Â NCD Issue Size | Â Base: 50Â Cr. | Shelf: 50Â Cr. |
|  Price Band |  ₹1000 per NCD |
|  Interest Rate |  Up to 12.77% ** (Annually) |
|  Minimum Investment |  10 Bonds (₹1,000) |
| Â Listing on |
 BSE Platform |
Sakthi Finance NCD April 2022 Rating
- Credit Rating: ICRA BBB (Stable)
Sakthi Finance NCD April 2022 Listing
- NCD Bonds to listing on BSE platforms.
Sakthi Finance NCD April 2022 Promoters
- Dr. M. Manickam
- Mr. M. Balasubramaniam
How to Apply Sakthi Finance NCD April 2022 Issue?
You can apply out of your current Demat account on-line and offline. You can apply by downloading the shape from the official web site and filling up all the main points with the cheque for the stated quantity. You can submit it to the gathering facilities.
Sakthi Finance NCD April 2022 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| I | 24 Month | Month | 8.50% | 8.50% |
| II | 24 Month | Cumm | NA | 9.16% |
| III | 36 Month | Month | 9.75% | 8.75% |
| IV | 36 Month | Cumm | NA | 9.88% |
| V | 48 Month | Month | 9.00% | 9.00% |
| VI | 48 Month | Cumm | NA | 1.069% |
| VII | 60 Month | Month | 10.00% | 10.00% |
| VIII | 60 Month | Cumm | NA | 12.77% |
Sakthi Finance NCD April 2022 Lead Manager
- Dalmia Securities Private Limited
Sakthi Finance NCD April 2022 Allotment Status
- Sakthi Finance NCD subject allotment obtainable on Linkintime
Sakthi Finance NCD April 2022 Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
Company Information
Sakthi Finance Limited
62, Dr. Nanjappa Road, Post Box No. 3745,
Coimbatore – 641 018, Tamil Nadu
Phone: +91 (422) 2231471-474
Email: [email protected]
Website: http://www.sakthifinance.com/
Sakthi Finance NCD April 2022 FAQs:
Sakthi Finance NCD is to open on April 11Â and shut on May 04, 2022.
You can apply out of your current Demat account on-line and offline.
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