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

Last Updated Date: Aug 24, 2022

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 Open	December 22, 2016
Issue Close	January 6, 2017
Issue Size (Base)	Rs. 1,00,000 lakhs
Issue Size (Shelf)	Rs. 3,50,000 lakhs
Issue Price	Rs 1000 per NCD
Face Value	Rs 1000 each NCD
Minimum Lot size	10 NCD
Market Lot	1 NCD
Listing At	BSE, NSE
Tenor	3 year/ 5 year/ 10 year/ 15 year
Series	Series I to Series IV
Payment Frequency	Annual
Basis of Allotment

Reliance Home Finance Ltd NCD – Basis of the Offer Price

ISSUE STRUCTURE
Security Name	Reliance Home Finance Ltd
Security Type	Secured, Non-Convertible Debentures and Unsecured NCDs
Coupon payment frequency	Annual
Coupon type	Fixed
Tenor	3 year/ 5 year/ 10 year/ 15 year
Depository	NSDL and CDSL
Disbursement	SEBI Debt Regulations
Debenture Trustee	IDBI 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 / Date	QIB Category 1	NII Category 2	HNI Category 3	RII Category 4	Total 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
Category	NCD’s Allocated
QIB – Category 1	30%
NII – Category 2	10%
HNI – Category 3	30%
RII – Category 4	30%

Reliance Home Finance Ltd NCD Offered

NCD’s Offered
Category	NCD’s Reserved
QIB – Category 1	1,05,00,000
NII – Category 2	35,00,000
HNI – Category 3	1,05,00,000
RII – Category 4	1,05,00,000
Total NCD’s	3,50,00,000

Reliance Home Finance Ltd NCD Coupon Rates

Series	I	II	III	IV
Frequency of Interest Payment	Annual	Annual	Annual	Annual
Nature of Instrument	Secured	Secured	Secured	Un-Secured
Minimum Application	Rs. 10,000 (10 NCDs) across all Series collectively
In Multiples of	Rs. 1,000 (1 NCD)
Face Value	Rs. 1,000
Issue Price	Rs. 1,000
Mode of Payment	Through various options available
Tenor	3 years	5 years	10 years	15 years
Coupon (%) for Category I & Category II	8.7	8.9	9	9.25*
Coupon (%) for Category III and Category IV	8.9	9.05	9.15	9.40
Effective Yield for Category I & Category II	8.7	8.9	9	9.25
Effective Yield for Category III & Category IV	8.9	9.05	9.15	9.4
Redemption Date	3 years	5 years	10 years	15 years
Redemption Amount	Rs. 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.