10% Arka Fincap NCD December 2023

Last updated on December 20, 2023

NCD Subscription

Allotment Status

Arka Fincap NCD December 2023 Description – Arka Fincap is an NBFC-ML registered with RBI. The company primarily engaged in providing structured term financing solutions to corporates, real estate and urban infra financing, loans to micro, small, and medium enterprises (MSME), and personal finance loans to borrowers in India.

Arka operates in 17 Indian cities across West, South, and North regions with over 300 employees. As of 30 September 2023, Arka Fincap had served approximately 30,000 active customers. The total Loan Book as of 30 September 2023, FY 2023, 2022, and 2021 was INR 4,033.19 crore, INR 3,960.27 crore, INR 2,379.88 crore, and INR 1,124.33 crore, respectively.

Arka Fincap achieved a long-term debt rating of CRISIL AA-/Stable from CRISIL and a short-term rating of CRISIL A1+ from CRISIL within the first year of the inception of its business. The company average cost of borrowings as of 30 September 2023, FY 2023, 2022, and 2021 was 9.60%, 9.53%, 8.70%, and 9.27%, respectively.

Promoters of Arka Fincap – Kirloskar Oil Engines Limited and Arka Financial Holdings Private Limited

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Arka Fincap NCD December 2023 Details

Subscription Dates	7 – 20 December 2023
Security Type	Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Face Value	INR 1,000 per NCD
Issue Price	INR 1,000 per NCD
Issue Size (Base Issue)	INR 150 crore
Overall Issue Size (including oversubscription)	INR 300 crores
Minimum Lot Size	10 NCDs
Market Lot	1 NCD
Tenor	24 months 36 months 60 months
Credit Rating	CRISIL AA-/ Positive
Category Reservation	Category 1 (QIB): 25% Category 2 (NII): 25% Category 3 (HNI): 25% Category 4 (Retail): 25%
Basis of Allotment	First Come First Serve
Listing On	BSE

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Arka Fincap NCD December 2023 – Options and Coupon Rates

Option	Tenure	Interest Payment	Coupon Rate	Effective Yield	Maturity Amount
Series 1	24 months	Quarterly	9.00%	9.29%	INR 1,000
Series 2	24 months	Annual	9.30%	9.29%	INR 1,000
Series 3	36 months	Quarterly	9.30%	9.62%	INR 1,000
Series 4	36 months	Annual	9.65%	9.64%	INR 1,000
Series 5	60 months	Quarterly	9.65%	9.99%	INR 1,000
Series 6	60 months	Annual	10%	9.99%	INR 1,000

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Arka Fincap Documents

• Arka Fincap NCD Tranche I Prospectus
• Arka Fincap NCD Self Prospectus
• Arka Fincap NCD Draft Self Prospectus
• Upcoming NCDs

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Arka Fincap Non-Convertible Debentures Lead Manager

JM FINANCIAL LIMITED
7th Floor, Cnergy, Appasaheb Marathe Marg,
Prabhadevi Mumbai – 400 025
Phone: +91 22 6630 3030
Email: [email protected]
Website: jmfl.com

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Arka Fincap Non-Convertible Debentures Registrar

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in

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Arka Fincap NCD Contact Details

ARKA FINCAP LIMITED
2504, 2505, 2506, 25th Floor, One Lodha Place,
Lodha World Towers, Senapati Bapat Marg,
Lower Parel, Mumbai- 400013, Maharashtra
Phone: +91 22 4047 1000
Email: [email protected]
Website: www.arkafincap.com

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Arka NCD December 2023 Subscription Status (no. of times)

Date	QIB	NII	HNI	Retail	Total
20 Dec 2023	0.00	2.91	2.35	2.96	2.05
19 Dec 2023	0.00	2.85	2.32	0.86	1.51
18 Dec 2023	0.00	1.52	2.23	0.81	1.14
15 Dec 2023	0.00	1.52	2.23	0.70	1.11
14 Dec 2023	0.00	1.37	1.95	0.63	0.99
13 Dec 2023	0.00	1.37	1.89	0.58	0.96
12 Dec 2023	0.00	1.37	1.82	0.52	0.93
11 Dec 2023	0.00	1.37	1.71	0.46	0.89
8 Dec 2023	0.00	0.84	1.64	0.30	0.69
7 Dec 2023	0.00	0.84	1.56	0.16	0.64

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Arka Fincap NCD December 2023 Allotment Status

Arka Fincap NCD December 2023 allotment status will be updated at the website of Link Intime India Private Limited website. Click on this link to get allotment status.

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Arka Fincap NCD December 2023 FAQs