Last updated on October 5, 2023
Aditya Birla Finance NCD September 2023 Description – Incorporated in 1991, Aditya Birla Finance is registered with the RBI as a non-deposit-taking systemically important non-banking financial company (“NBFC-NDSI”). The company has been categorized as an ‘Upper Layer’ NBFC under the scale-based regulatory framework for NBFCs introduced by the RBI, with effect from 30 September 2022.
The company offers end-to-end lending, financing, and wealth services to retail, HNI, ultra HNI, micro, small and medium enterprises (“MSME”), small and medium enterprises (“SME”), and corporate customers.
The AUM of the company stood at INR 85,891.2 crore as of 30 June 2023. It has 332 branches. The number of customers of the company has grown from 2,12,787 as of 31 March 2021 to 59,14,504 as of 30 June 2023. The company continues its focus on growing higher-margin MSME and Retail lending. Loans to Retail, SME, and HNI categories grew to ~67% of the portfolio in the Financial Year ended 2023 through focused expansion in such categories with a year-on-year growth of 57%.
As of 30 June 2023, Aditya Birla Finance loan book stood at INR 85,778.5 crore. As of 30 June 2023, the net interest income (including fee income) was INR 1,433.0 crore with a net interest margin of 7.0%. The revenue from operations has increased at a year-on-year growth of 5.0% from INR 5,511.5 crores for FY 2021 to INR 5,784.9 crores for FY 2022 and at a year-on-year growth of 42.4% to INR 8,236.9 crores for the FY 2023.
Promoters of Aditya Birla Finance – Aditya Birla Capital Limited
Aditya Birla Finance NCD September 2023 Details
| Subscription Dates | 27 Sep – 12 Oct 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) | INR 1,000 crores |
| Overall Issue Size (including oversubscription) | INR 2,000 crores |
| Minimum Lot Size | 10 NCDs |
| Market Lot | 1 NCD |
| Tenor | 3 Years 5 Years 10 Years |
| Credit Rating | ICRA AAA Stable IND AAA Outlook Stable |
| 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, NSE |
Aditya Birla Finance NCD September 2023 – Options and Coupon Rates
| Option | Tenure | Interest Payment | Coupon Rate | Effective Yield | Maturity Amount |
| Series 1 | 3 Years | Annual | 8.00% | 7.99% | INR 1,000 |
| Series 2 | 3 Years | Cumulative | NA | 7.99% | INR 1,259.46 |
| Series 3 | 5 Years | Annual | 8.05% | 8.04% | INR 1,000 |
| Series 4 | 5 Years | Cumulative | NA | 8.04% | INR 1,472,73 |
| Series 5 | 10 Years | Monthly | 7.80% | 8.08% | INR 1,000 |
| Series 6 | 10 Years | Annual | 8.10% | 8.09% | INR 1,000 |
Aditya Birla Finance Non-Convertible Debentures Lead Manager
A. K. CAPITAL SERVICES LIMITED
603, 6th Floor, Windsor,
Off CST Road, Kalina, Santacruz – (East),
Mumbai – 400 098, India
Phone: +91 22 6754 6500
Email: [email protected]
Website: www.akgroup.co.in
Aditya Birla Finance 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
Aditya Birla Finance NCD Documents
Aditya Birla Finance Contact Details
ADITYA BIRLA FINANCE LIMITED
One World Centre, Tower 1, 18th Floor,
841, Jupiter Mills Compound, Senapati Bapat Marg,
Elphinstone Road, Mumbai 400 013, Maharashtra, India
Phone: 022 4356 7100
Email: [email protected]
Website: www.adityabirlafinance.com
Aditya Birla Finance NCD September 2023 Subscription Status (no. of times)
| Date | QIB | NII | HNI | Retail | Total |
| 3 Oct 2023 | 2.27 | 3.16 | 2.41 | 2.01 | 2.46 |
| 29 Sep 2023 | 2.27 | 2.52 | 2.57 | 1.90 | 2.31 |
| As of 01:00 PM | |||||
Aditya Birla Finance NCD September 2023 Allotment Status
Aditya Birla Finance NCD September 2023 allotment status will be updated at the website of Link Intime India Private Limited website. Click on this link to get allotment status.
Aditya Birla Finance NCD September 2023 FAQs
What are the face value and lot size of Aditya Birla Finance NCD September 2023?
The NCDs will be issued at face value of INR 1,000 each NCD and the minimum lot size is 10 NCDs.
What is the frequency of interest payment in Aditya Birla Finance NCD September 2023?
The frequency of payment for Aditya Birla Finance NCD is Monthly, Annual, and cumulative.
What is the basis of allotment in Aditya Birla Finance NCD September 2023 offer?
Aditya Birla Finance NCDs will be allotted on a First Come First Serve Basis.
