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National Highways Infra Trust NCD 2022 (NHAI Invit 2022) are Open on 17 October 2022 and to shut on 07 November 2022. The Company will supply 8.05% rates of interest on the NCD Bonds. And NCD tenure will likely be relevant for 13 Years, 18 years, and 25 years. The firm will increase a base fund of ₹750 crore and shelf fund increase ₹750 crores by this NCD, the corporate has fastened the NCD worth band at ₹1000 for this in line with the face worth of ₹1000.
National Highways Infra Trust is a registered infrastructure funding belief underneath the InvIT Regulations. The firm at the moment have a proper to toll, function and preserve a portfolio of 5 Initial Toll Roads (outlined under) within the Indian states of Gujarat, Rajasthan, Telangana and Karnataka, and intend to toll, function and preserve a portfolio of three Target Toll Roads (outlined under) within the Indian states of, Telangana, Maharashtra, Uttar Pradesh and Madhya Pradesh underneath the Toll Operate Transfer (“TOT”) mannequin conceived by NHAI.
These Toll Roads (outlined under) are operated and maintained pursuant to concessions granted by the NHAI. The Initial Toll Roads comprise 5 stretches spanning a complete size of roughly 389 kms and the Target Toll Roads comprise three stretches spanning a complete size of roughly 246 kms.
Objects of the Issue :
- Infusion of debt into the Project SPV: The proceeds of the debt infused into the Project SPV shall be utilized by the Project SPV for: (a) half fee of (i) preliminary estimated concession worth to the Sponsor, by way of the Concession Agreements; (ii) preliminary enchancment value; (iii) main upkeep value; and/or (b) creation and upkeep of main upkeep reserve, if any; and/or any (c) any normal company functions together with creation and upkeep of debt service reserve account; and/or
- In the occasion that the Bridge Loan Facility has been drawn as an alternative (whether or not partly or absolutely) (“Bridge Amount”) by the Trust, then the Trust proposes to utilise the Issue proceeds to such extent to repay the Bridge Amount; and/or
- General company functions.
Company Strenght :
- Experienced Sponsor with constant monitor report in working and sustaining tasks within the roads and highways sector in India
- Sizeable portfolio of diversified long-term income producing Toll Road belongings
- Presence in strategic areas/ Strategic geographic location of portfolio belongings
- Experienced administration crew with business expertise
- Growth alternatives and entry to Sponsor’s portfolio
- Favourable Concession Agreements phrases with Low Counterparty Risk and Inflation Passthrough
National Highways Infra Trust NCD Review :
■ Apply
National Highways Infra Trust NCD Security Name :
■ National Highways Infra Trust
National Highways Infra Trust NCD Security Type :
■ Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
National Highways Infra Trust NCD Ratings
| Agency | Rating |
| CARE | AAA, Stable |
| IRRPL | AAA, Stable |
National Highways Infra Trust NCD Bonds 2022 Issue Details :
| Issue Open | 17 October 2022 |
| Issue Close | 07 November 2022 |
| Issue Base Size | ₹750 Cr. |
| Issue Shelf Size | ₹750 Cr. |
| Price Band | ₹1000 Per NCD |
| Face Value | ₹1000 Each NCD |
| Interest Rate | 8.05% Annual |
| Listing on | BSE & NSE Platform |
National Highways Infra Trust NCD 2022 Market Lot :
| Market Lot : | 1 NCD |
| Minimum Lot measurement : | 10 NCD |
| Minimum Investment : | ₹10,000 |
National Highways Infra Trust NCD Bond 2022 Issue Tenure & Interest Rates :
| SR | 1 | 2 | 3 |
| Tenure | 13 Years | 18 Years | 25 Years |
| Nature | Secured | Secured | Secured |
| Interest | Semi-Annually | Semi-Annually | Semi-Annually |
| Coupon Rate | 7.90% | 7.90% | 7.90% |
| Effective Yield | 8.05% | 8.05% | 8.05% |
Company Promoters :
■ N/A
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
National Highways Infra Trust Lead Managers :
■ JM Financial Consultants Private Limited
■ A.Okay. Capital Services Limited
■ ICICI Securities Limited
■ SBI Capital Markets Limited
■ Trust Investment Advisors Private Limited
National Highways Infra Trust NCD Debenture Trustee :
SBICAP Trustee Company Limited
Mistry Bhavan, 4th Floor,
122 Dinshaw Vachha Road,
Churchgate, Mumbai 400 020
Tel: +91 22 4302 5500/66
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.sbicaptrustee.com
National Highways Infra Trust NCD Registrar :
KFin Technologies Limited
Selenium, Tower B, Plot No. 31 & 32, Financial
District, Nanakramguda, Serilingampally, Hyderabad,
Rangareddi 500 032
Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.kfintech.com
Company Address :
National Highways Infra Trust
G – 5 & 6, Sector 10, Dwarka,
New Delhi – 110 075
Phone: +91 11 2507 6536
Email: [email protected]
Website: https://www.nhaiinvit.in/
National Highways Infra Trust NCD 2022 FAQs:
What is National Highways Infra Trust NCD 2022 ?
National Highways Infra Trust NCD 2022 is Security Bond.
When National Highways Infra Trust NCD 2022 will open?
The National Highways Infra Trust NCD 2022 to open on 17 october 2022 and closes on 07 November 2022.
What is the National Highways Infra Trust NCD 2022 Size?
National Highways Infra Trust NCD measurement is ₹1500 Crores.
What is the problem Shelf measurement of National Highways Infra Trust NCD?
The Shelf measurement of National Highways Infra Trust NCD ₹750 Cr.
What is the problem Base measurement of National Highways Infra Trust NCD?
The Base measurement of National Highways Infra Trust NCD ₹750 Cr.
What is National Highways Infra Trust NCD Price Band?
National Highways Infra Trust NCD Price Band is ₹1000 Per NCD.
What is National Highways Infra Trust NCD Minimum Lot Size?
The National Highways Infra Trust NCD Minimum Lot Size 10.
What is National Highways Infra Trust NCD 2022 Interest Rate?
The National Highways Infra Trust NCD Interest Rate is 8.05% Annual.
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