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Home First Finance plans to raise Rs 150 crore via NCDs on a private placement basis
21-Aug-2026, 02:19
Home First Finance Company India Limited plans to raise Rs 150 crore through the issuance of 15,000 senior, secured, rated, listed, taxable, redeemable, transferable non-convertible debentures (NCDs) with a face value of Rs 1,00,000 each, on a private placement basis, to be listed on the wholesale debt market segment of BSE Limited. The NCDs will carry an interest rate determined by the prevailing 3-month overnight indexed swap (OIS) based lending rate (FBIL 3M MIBOR-OIS) plus a spread, payable quarterly. The allotment date is proposed for August 28, 2026, with a maturity date of August 22, 2031, and the debentures will be secured by a first ranking pari passu charge over the company's receivables. The board approved this issuance following authorization from shareholders and in accordance with applicable SEBI regulations.
Home First Finance Company India Limited plans to raise Rs 150 crore through the issuance of 15,000 senior, secured, rated, listed, taxable, redeemable, transferable non-convertible debentures (NCDs) with a face value of Rs 1,00,000 each, on a private placement basis, to be listed on the wholesale debt market segment of BSE Limited. The NCDs will carry an interest rate determined by the prevailing 3-month overnight indexed swap (OIS) based lending rate (FBIL 3M MIBOR-OIS) plus a spread, payable quarterly. The allotment date is proposed for August 28, 2026, with a maturity date of August 22, 2031, and the debentures will be secured by a first ranking pari passu charge over the company's receivables. The board approved this issuance following authorization from shareholders and in accordance with applicable SEBI regulations.