Chemmanur Credits and Investments plans to raise Rs 150 crore through NCD issue
Mumbai, Aug. 4 -- Chemmanur Credits and Investments has announced the public issue of 15 lakh Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1000 each for an amount aggregating up to Rs 150 crore.
The base size issue is Rs 75 crore, with an option to retain over-subscription up to an additional Rs 75 crore (Green Shoe Option) aggregating up to Rs 150 crore.
The issue is scheduled to open on 04 August 2026 and close on 17 August 2026, with an option of early closure or extension.
There are 7 series of NCDs carrying fixed coupons and having a tenure of 18 months, 24 months, 36 months, 61 months 400 days and 72 months with monthly and cumulative interest payment options.
An effective yield (per annum) for th...
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