10% Arka Fincap NCD December 2023

NCD Subscription Allotment Status
Arka Fincap NCD December 2023

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

Arka Fincap NCD December 2023 Details

Subscription Dates7 – 20 December 2023
Security TypeSecured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Face ValueINR 1,000 per NCD
Issue PriceINR 1,000 per NCD
Issue Size (Base Issue)INR 150 crore
Overall Issue Size (including oversubscription)INR 300 crores
Minimum Lot Size10 NCDs
Market Lot1 NCD
Tenor24 months
36 months
60 months
Credit RatingCRISIL AA-/ Positive
Category ReservationCategory 1 (QIB): 25%
Category 2 (NII): 25%
Category 3 (HNI): 25%
Category 4 (Retail): 25%
Basis of AllotmentFirst Come First Serve
Listing OnBSE

Arka Fincap NCD December 2023 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon RateEffective YieldMaturity Amount
Series 124 monthsQuarterly9.00%9.29%INR 1,000
Series 224 monthsAnnual9.30%9.29%INR 1,000
Series 336 monthsQuarterly9.30%9.62%INR 1,000
Series 436 monthsAnnual9.65%9.64%INR 1,000
Series 560 monthsQuarterly9.65%9.99%INR 1,000
Series 660 monthsAnnual10%9.99%INR 1,000

Arka Fincap Documents

Arka Fincap Non-Convertible Debentures Lead Manager

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

Arka Fincap Non-Convertible Debentures Registrar

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

Arka Fincap NCD Contact Details

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

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

20 Dec 20230.002.912.352.962.05
19 Dec 20230.002.852.320.861.51
18 Dec 20230.001.522.230.811.14
15 Dec 20230.001.522.230.701.11
14 Dec 20230.001.371.950.630.99
13 Dec 20230.001.371.890.580.96
12 Dec 20230.001.371.820.520.93
11 Dec 20230.001.371.710.460.89
8 Dec 20230.000.841.640.300.69
7 Dec 20230.000.841.560.160.64

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.

Arka Fincap NCD December 2023 FAQs

What is the face value and lot size of Arka Fincap NCD December 2023?

The NCDs will be issued at a face value of INR 1,000 each NCD and the minimum lot size is 10 NCDs.

What is the frequency of interest payment in Arka Fincap NCD December 2023?

The frequency of payment for Arka Fincap NCD is Quarterly and Annual.

What is the basis of allotment in Arka Fincap NCD December 2023 offer?

Arka Fincap NCDs will be allotted on a First Come First Serve Basis.


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