India Shelter Finance Corporation Allots INR 75 Crore in Structured Non-Convertible Debentures
India Shelter Finance Corporation Ltd has completed the allotment of Rated, Listed, Secured, and Transferable Non-Convertible Debentures (NCDs) totaling INR 75,00,00,000. The issuance was finalized on July 30, 2026, through a private placement basis to identified investors.The Asset Liability Management Committee of the company approved the allotment of these debentures in its meeting held on July 30, 2026. These NCDs are denominated in Indian Rupees and carry a fixed interest rate of 8.10% per annum (p.a. p.q.).
The private placement involved 7,500 NCDs, each with a face value of INR 1,00,000/-. The total size of the issue amounted to INR 75,00,00,000/- (Indian Rupees Seventy-Five Crores Only).
The debentures are scheduled for maturity after 60 months from the deemed date of allotment (July 30, 2026), with a maturity date set for July 30, 2031. The interest payments and principal repayment are structured to be made on a quarterly basis as per the Debenture Trust Deed.
The NCDs are listed on the Bombay Stock Exchange (BSE). A key feature of this issuance is that it is secured by a first and exclusive hypothecation charge on standard receivables, which carries a minimum asset cover of 1.10 times.
Key details regarding the allotment are summarized below:
| Particular | Detail |
|---|---|
| Type of Security | Rated, Listed, Secured, Transferable, Redeemable NCDs |
| Issuance Method | Private Placement |
| Total Number of Securities Issued | 7,500 NCDs |
| Face Value Per NCD | INR 1,00,000/- |
| Issue Size | INR 75,00,00,000/- |
| Listing Status | Yes, BSE |
| Tenure / Maturity Period | 60 months (Date of Allotment: July 30, 2026; Date of Maturity: July 30, 2031) |
| Coupon/Interest Rate | 8.10% p.a. p.q. (Fixed) |
| Security Charge | First and exclusive hypothecation charge on standard receivables with minimum asset cover of 1.10 times |
INDIASHLTR Stock Price Movement
As of 11:55 AM, shares of India Shelter Finance Corporation Limited are slipping by 0.45% in live trading, currently at ₹721.45. The stock has seen significant movement, having traded a total of 35,891 shares so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.