DHFL Ltd AAA rated Housing Finance Company offering Debentures Interest upto 9.3% on first come basis.Anytime Liquidity.

[Wealthcare sales]

 

Dear Investors,

 

              Please find attached the Product note of  Dewan Housing Finance Corporation Limited NCD Issue.

 

                        Issue period:  Wednesday Aug 03^rd , 2016 to Tuesday Aug 16^th, 2016.

  

Issuer	Dewan Housing Finance Corporation Limited
Issue Size	Base Issue Size of ` 1,00,000 lacs with an option to retain oversubscription upto the Shelf Limit, i.e. up to `4,00,000 lacs
Lead Manager	Edelweiss Financial Services Limited & Others
Issue opens	Wednesday, August 3, 2016
Issue closes	Tuesday, August 16, 2016
Allotment	First Come First Serve Basis
Face Value	Rs. 1000 per NCD
Issue Price	Rs. 1000 per NCD
Nature of Instrument	Secured Redeemable Non-Convertible Debentures
Minimum Application	₹ 10,000 (10 NCDs) and in multiple of ₹ 1,000 (1 NCD) thereafter across all Series
Listing	BSE & NSE
Rating	CARE AAA by CARE & BWR AAA, Outlook: Stable by Brickwork

 

SPECIFIC TERMS FOR EACH SERIES OF BONDS

 

Series	I	II	III	IV	V	VI	VII	VIII	IX	X
Interest type	Fixed	Fixed	Fixed	Fixed	Fixed	Fixed	Fixed	Fixed	Fixed	Floating
Tenor	3 Years	5 Years	10 Years	3 Years	5 Years	10 Years	3 Years	5 Years	10 Years	3 Years
Frequency of Interest Payment	Monthly	Monthly	Monthly	Annual	Annual	Annual	NA	NA	NA	Annual
Coupon (%) for NCD Holders in Category I & II	8.74%	8.74%	8.74%	9.10%	9.10%	9.10%	NA	NA	NA	Reference CPI + spread of 4.08%*
Coupon (%) for NCD holders in Category III & IV	8.83%	8.88%	8.93%	9.20%	9.25%	9.30%	NA	NA	NA	Reference CPI + spread of 4.18%*
Effective Yield (per annum) Category I & II	9.10%	9.10%	9.10%	9.10%	9.10%	9.10%	9.10%	9.10%	9.10%	9.10%*
Effective Yield (per annum) Category III & IV	9.20%	9.25%	9.30%	9.20%	9.25%	9.30%	9.20%	9.25%	9.30%	9.20%*

 

* For the 1st year and subject to reset annually based on Reference CPI for the 2nd and 3rd years.

 

CPI Linked Floating Interest rate NCDs

 

 

The Company is offering Series X NCDs which carries floating interest rate based on Reference CPI plus applicable spread to various Categories of Investors. The specified spread shall be 4.08% p.a. for Category I Investors (i.e. QIBs) and Category II Investors (i.e. Corporates) and shall be 4.18% p.a. for Category III Investors (i.e. HNIs) and Category IV Investors (i.e. Retail Investors). While the spread will be fixed throughout the tenor of the Series X NCDs, since the floating interest rate on such NCDs is total of Reference CPI plus the fixed spread, floating interest rate will change according to change in Reference CPI.The floor for floating interest rate has been fixed at 8.90% p.a. for all categories of Investors and the cap for floating interest rate at 9.50% p.a.

 

 

If interested call us on Mukesh +91-98101 84368 / Prabhakar +91-98998 35232 or give a missed call on +91-98710 90316.

 

Thanks & Regards
Prabhakar Sharma

CERTIFIED FINANCIAL PLANNER^CM

CHARTERED WEALTH MANAGER^®

Wealthcare Securities Pvt. Ltd.
A 54 A, Lower Ground Floor,
Lajpat Nagar- II, New Delhi-110024
Mobile No. - 9899835232 

Give a Missed call on 98710 90316 to arrange a call back from our office
Telephone Nos- 4657 5550 (Five lines)
Email- prab...@wealthcareindia.com
Web-   www.wealthcareindia.com

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