Loan & Debt20 Jul 2026, 12:54 pm
Aadhar Housing Finance Allots ₹350 Cr in NCDs
AI Summary
Aadhar Housing Finance Ltd announced the allotment of 35,000 Senior, Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The total issue size amounts to ₹350 crore, with each debenture having a face value of ₹1,00,000. The NCDs have a tenor of 4 years, 11 months, and 25 days, with a deemed date of allotment on July 20, 2026, and a redemption date of July 15, 2031. The coupon rate will be determined by the average of 3M MIBOR-OIS plus a spread. ICRA Limited has assigned a rating of 'ICRA AA Positive' to the instrument. The debentures will be listed on the Wholesale Debt Market Segment of BSE Limited.
Key Highlights
- Company allotted 35,000 NCDs worth ₹350 crore.
- NCDs are Senior, Secured, Rated, Listed, and Redeemable.
- Tenor is approximately 5 years, maturing July 15, 2031.
- ICRA assigns 'ICRA AA Positive' rating to the debt instrument.
- Debentures will be listed on BSE Wholesale Debt Market.
Price Impact
More from AADHARHFC