Tata Capital Housing Finance NCD Jan 2020 description – Incorporated in 2008, Tata Capital Housing Finance is one of leading non-deposit taking housing finance companies registered with the NHB in India. The company focuses primarily on providing affordable home loans, home equity and construction finance. For Fiscal 2019, it made total loan disbursements of INR11,10,111 lakh. As of 30 September 2019, its gross Non-Performing Assets (NPAs) in terms of value and as a percentage of outstanding loans were INR40,059 lakh or 1.45 %, respectively and net NPAs in terms of value and as a percentage of net outstanding loans were INR14,506 lakh or 0.53 %, respectively.
Loans and advances from financing activity for Tata Capital Housing Finance stood at INR27,83,875 lakh as of 30 September 2019 while its marketing and distribution network in Tier I, Tier II and Tier III cities was at 88 branches. The company’s focus growth areas for the business are (i) affordable housing through increasing its reach into Tier II and Tier III cities, (ii) developing partnerships with property developers, (iii) leveraging the “Tata” brand and (iv) increasing its utilization of alternate business channels, including digital platforms. The majority of its AUM comprises home loans, including in the affordable housing segment. As of 31 March 2019 and 30 September 2019, mortgage loans (comprising home loans and home equity) constituted 88.77 % and 87.79 % respectively, of its AUM (Asset Under Management) while construction finance loans constituted 11.23 % and 12.21 %.
Promoter of Tata Capital Housing Finance – Tata Capital Limited
Tata Capital Housing Finance NCD Jan 2020 details
| Subscription Dates | 7 – 8 January 2020 |
| Security Type | Secured, Redeemable, Non-Convertible Debentures |
| Face Value | INR1,000 per NCD |
| Issue Price | INR1,000 per NCD |
| Issue Size (base) | INR500 crore |
| Issue Size (including oversubscription) | INR2,000 crore |
| Minimum Lot size | 10 NCDs |
| Market Lot | 1 NCD |
| Tenor | 36 months 60 months 96 months 120 months |
| Credit Rating | CRISIL AAA/Stable ICRA AAA/Stable |
| Category Reservation | Category 1 (QIB): 10% Category 2 (NII): 10% Category 3 (HNI): 40% Category 4 (RII): 40% |
| Basis of Allotment | First Come First Serve |
| Listing On | BSE, NSE |
Tata Capital Housing Finance NCD Jan 2020 – Options and Coupon Rates
| Option | Tenure | Interest Payment | Coupon Rate /Effective Yield for Category 1 & 2 | Coupon Rate /Effective Yield for Category 3 & 4 | Maturity Amount |
| Series 1 | 36 months | Annually | 8.00% | 8.10% | INR1,000 |
| Series 2 | 60 months | Monthly | 7.92% | 8.01% | INR1,000 |
| Series 3 | 60 months | Annually | 8.20% | 8.30% | INR1,000 |
| Series 4 | 96 months | Monthly | 8.01% | 8.10% | INR1,000 |
| Series 5 | 96 months | Annually | 8.30% | 8.40% | INR1,000 |
| Series 6 | 120 months | Annually | 8.55% | 8.70% | INR1,000 |
* represent effective yield as there is no coupon rate
Registrar of Tata Capital Housing Finance NCD
KFin Technologies Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: [email protected]
Website: www.kfintech.com
Tata Capital Housing Finance NCD Documents
Tata Capital Housing Finance Contact Details
Tata Capital Housing Finance Limited
11th Floor, Tower A, Peninsula Business Park,
Ganpatrao Kadam Marg, Lower Parel,
Mumbai 400 013
Phone: +91 22 6606 9000
Email: [email protected]
Website: www.tatacapital.com
Tata Capital Housing Finance NCD Jan 2020 Subscription Status (no. of times)
| Category 1 (QIB) | Category 2 (NII) | Category 3 (HNI) | Category 4 (RII) | Total | |
| 8 Jan 2020 | 0.57 | 1.36 | 7.01 | 2.96 | 4.18 |
| 7 Jan 2020 | 0.36 | 1.01 | 6.99 | 2.37 | 3.88 |
Tata Capital Housing Finance NCD Jan 2020 Allotment Status
Tata Capital Housing Finance NCD January 2020 allotment status will be updated at the website of KFin Technologies. Click on this link to get the allotment status.
