Reliance Home Finance Ltd NCD Dates, Size, Allotment, Subscription, RHP & more

Let’s have a detailed review of the company and analytics of the Reliance Home Finance Ltd NCD release date, NCD issue size, subscription, Reliance Home Finance Ltd NCD allotment and other details like the company’s background, its financial positions, its promoters and other related things.

Reliance Home Finance Ltd NCD – December 2016 Detail

Credit Rating‘CARE AA+; Stable CARE and BWR AA+ Stable by Brickwork Ratings
Issue OpenDecember 22, 2016
Issue CloseJanuary 6, 2017
Issue Size (Base)Rs. 1,00,000 lakhs
Issue Size (Shelf)Rs. 3,50,000 lakhs
Issue PriceRs 1000 per NCD
Face ValueRs 1000 each NCD
Minimum Lot size10 NCD
Market Lot1 NCD
Listing AtBSE, NSE
Tenor3 year/ 5 year/ 10 year/ 15 year
SeriesSeries I to Series IV
Payment FrequencyAnnual
Basis of Allotment

Reliance Home Finance Ltd NCD – Basis of the Offer Price

ISSUE STRUCTURE
Security NameReliance Home Finance Ltd
Security TypeSecured, Non-Convertible Debentures and Unsecured NCDs
Coupon payment frequencyAnnual
Coupon typeFixed
Tenor3 year/ 5 year/ 10 year/ 15 year
DepositoryNSDL and CDSL
DisbursementSEBI Debt Regulations
Debenture TrusteeIDBI Trusteeship Services Limited

Reliance Home Finance Ltd NCD Dates

The opening and the closing date of Reliance Home Finance Ltd NCD is December 22, 2016 to January 6, 2017.


Reliance Home Finance Ltd NCD Subscription

Day / DateQIB Category 1NII Category 2HNI Category 3RII Category 4Total Subscription
1st – 10th Day : till 19th Sept
10th – 20th Day : till
20th – 30th Day : till
Shares Offered or Net Issue

The shares subscribed by the public will be updated here.


Reliance Home Finance Ltd NCD Allotment Status

Here, you can find the Allotment Status of this NCD.


Reliance Home Finance Ltd NCD Share Offering

Issue of 5,22,000 Equity Shares of face value of Rs.10/- each for cash at a price of Rs. [ ] per Equity Share (including a share premium of Rs.[ ] per Equity share) aggregating Rs. [ ] lakhs.

Reliance Home Finance Ltd NCD Allocation Ratio

NCD Allocation Ratio
CategoryNCD’s Allocated
QIB – Category 130%
NII – Category 210%
HNI – Category 330%
RII – Category 430%

Reliance Home Finance Ltd NCD Offered

NCD’s Offered
CategoryNCD’s Reserved
QIB – Category 11,05,00,000
NII – Category 235,00,000
HNI – Category 31,05,00,000
RII – Category 41,05,00,000
Total NCD’s3,50,00,000

Reliance Home Finance Ltd NCD Coupon Rates

SeriesIIIIIIIV
Frequency of Interest PaymentAnnualAnnualAnnualAnnual
Nature of InstrumentSecuredSecuredSecuredUn-Secured
Minimum ApplicationRs. 10,000 (10 NCDs) across all Series collectively
In Multiples ofRs. 1,000 (1 NCD)
Face ValueRs. 1,000
Issue PriceRs. 1,000
Mode of PaymentThrough various options available
Tenor3 years5 years10 years15 years
Coupon (%) for
Category I & Category II
8.78.999.25*
Coupon (%) for
Category III and Category IV
8.99.059.159.40
Effective Yield for  Category I & Category II8.78.999.25
Effective Yield  for Category III & Category IV8.99.059.159.4
Redemption Date3 years5 years10 years15 years
Redemption AmountRs. 1,000

Reliance Home Finance Ltd NCD Issue Object

These are the NCD Issue Objects of the company

  • For the purpose of onward lending, financing, and for repayment of interest and principal of existing borrowings of the Company; and
  • General corporate purposes

Reliance Home Finance Ltd – Company Overview

They are a non deposit taking housing finance company registered with the NHB and focused on providing financing products for the LMI to HMI segment in India, primarily in Tier II and Tier III cities and towns and focused on the self-employed. They have been active in the housing finance sector in India since 2009. They are a wholly owned subsidiary of Reliance Capital Limited, the financial services Company of the Reliance Group.


Reliance Home Finance Ltd NCD Lead Managers

Lead Managers
A. K. CAPITAL SERVICES LIMITED

AXIS BANK LIMITED

EDELWEISS FINANCIAL SERVICES LIMITED

TRUST INVESTMENT ADVISORS PRIVATE LIMITED

YES SECURITIES (INDIA) LIMITED


Reliance Home Finance Ltd NCD Debenture Trustee

Debenture Trustee
IDBI TRUSTEESHIP SERVICES LIMITED*
Asian Building, Ground Floor,
17, R. Kamani Marg, Ballard Estate,
Mumbai – 400 001, Maharashtra, India
Tel: +91 22 4080 7000;
Fax: +91 22 6631 1776
Email: itsl@idbitrustee.com
Investor Grievance email: subrat@ idbitrustee.com/
response@idbitrustee.com
Website: www.idbitrustee.com
Contact Person: Mr. Subrat Udgata
SEBI Regn. Number: IND000000460

Reliance Home Finance Ltd NCD Registrar to offer

Registrar to the Offer
KARVY COMPUTERSHARE PRIVATE LIMITED
Karvy Selenium Tower B, Plot 31-32, Gachibowli,
Financial District, Nanakramguda,
Hyderabad – 500 032; Telangana, India
Tel: +91 40 6716 1500
Fax: +91 40 6716 1791
Email: mis.radag@karvy.com
Investor Grievance Email: rhfl.ncd@karvy.com
Website: http://karisma.karvy.com
Contact Person: Mr. M Murali Krishna
SEBI Regn. No: INR00000021

Reliance Home Finance Ltd NCD Ratings

The Secured NCDs proposed to be issued under this Tranche 1 Issue have been rated ‘CARE AA+; Stable (Double A plus; Outlook: Stable)’ for an amount of Rs3,00,000 lakhs, by Credit Analysis and Research Limited (“CARE”) vide their letter dated October 13, 2016 and BWR AA+ Outlook: Stable for an amount of Rs3,00,000 lakhs, by Brickwork Ratings India Private Limited (“Brickwork”) vide their letter dated October 25, 2016.

The rating of CARE AA+; Stable by CARE and BWR AA+, Outlook: Stable by Brickwork indicate that instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

The Un-Secured NCDs proposed to be issued under this Issue have been rated ‘CARE AA; Stable (Double A; Outlook: Stable)’ for an amount of Rs50,000 lakhs, by CARE vide their letter dated November 8, 2016  and BWR AA  Outlook: Stable for an amount of `50,000 lakhs, by Brickwork vide their letter dated October 4, 2016.

The rating of CARE AA; Stable by CARE and BWR AA, Outlook: Stable by Brickwork indicate that instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.


Reliance Home Finance Ltd NCD News

News 1 – Download RHP Prospectus


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