DHFL NCDs Tranche II – Basis of Allotment & Allotment Status
DHFL has announced the basis of allotment for the second tranche of its non-convertible debentures (NCDs), which opened on August 29 and closed on the second day itself on August 30.
Here you have the Basis of Allotment among all categories of investors:
Category IV (Retail Individual Investors Portion) – In the case of allotment in Category IV, 48,588 valid applications for 2,03,65,989 NCDs received on August 29, 2016 and August 30, 2016 have been allotted 2,03,65,989 NCDs (100%), against the allocated bucket of 3 crore NCDs as per the prospectus. The unsubscribed portion of 96,34,011 NCDs spilled over to Category III and Category I, as per the prospectus.
Category III (High Net Worth Individual Investors Portion) – In the case of allotment in Category III, 189 valid applications for 3,39,56,790 NCDs received on August 29, 2016 and August 30, 2016 have been allotted 3,39,56,790 NCDs (100%), against the allocated bucket of 3 crore NCDs as per the prospectus. Excess demand for 39,56,790 NCDs has been satisfied with unsubscribed portions from Category IV and Category II, as per the prospectus.
Category II (Corporates Portion) – In the case of allotment in Category II, 69 valid applications for 99,57,240 NCDs received on August 29, 2016 and August 30, 2016 have been allotted 99,57,240 NCDs (100%), against the allocated bucket of 1 crore NCDs as per the prospectus. The unsubscribed portion of 42,760 NCDs spilled over to Category III and Category I, as per the prospectus.
Category I (Qualified Institutional Investors Portion) – In the case of allotment in Category I, 28 valid applications for 3,39,56,790 NCDs received on August 29, 2016 and August 30, 2016 have been allotted 3,39,56,790 NCDs (100%), against the allocated bucket of 3 crore NCDs as per the prospectus. Excess demand for 39,56,790 NCDs has been satisfied with unsubscribed portions from Category IV and Category II, as per the prospectus.
