Omaxe allots ₹31.30 Cr Unrated Senior Secured NCDs via private placement
Omaxe Ltd has announced the allotment of 313 Unrated Senior Secured Non-Convertible Debentures (NCDs) on April 10, 2026. Each NCD has a face value of ₹10,00,000, totaling ₹31.30 Crore. This allotment, made via private placement, represents the fourth tranche of a larger issuance. The NCDs are not proposed to be listed and offer a committed return of 12% IRR, redeemable at maturity up to 54 months from the initial allotment date of July 16, 2025. The debentures are secured by an exclusive first charge over specific project assets and backed by unconditional guarantees from key individuals and entities. This issuance is part of the company's strategy to raise funds, with the aggregate allotment now reaching 946 NCDs out of a total approved 1,994 NCDs.
Key Highlights
- Omaxe allotted 313 Unrated Senior Secured NCDs worth ₹31.30 Crore.
- The NCDs were issued via private placement, offering a 12% IRR.
- Debentures are secured by project assets and personal/corporate guarantees.
- This is the fourth tranche, part of a larger ₹199.40 Crore NCD issuance.
- The NCDs are unlisted and mature up to 54 months from July 2025.
Price Impact