Lead Manager to Piramal Capital & Housing Finance Ltd. for their maiden Public Issue of Secured NCDs

Public Issue - NCD

Service

July 2021

Date

Financial Institutions

Sector

INR 10,000 MN

Deal Value

Lead Manager to Piramal Capital & Housing Finance Ltd. for their maiden Public Issue of Secured NCDs

Deal Highlights:

  • Maiden Public Issue of NCDs of Piramal Capital & Housing Finance Ltd
  • The Issue received an overwhelming response from investors and was pre-closed
  • The Issue offered a diverse set of tenors to Investors ranging from 26 months to 120 months for both short-term and long-term investment horizon

Our Contribution:

  • We managed to garner healthy participation from a varied set of investors
  • As one of the Lead Managers, we hand-held the Company with end-to-end execution, swift regulatory approvals, and various deal contours
  • This is our 2nd successful NCD issue closure for a HFC within the first half of the current fiscal year; A great testimony of our understanding of HFCs