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| Issue Size (Base) | ₹1000.00 Cr |
| Issue Size (Shelf) | ₹1500.00 Cr |
| Face Value | ₹1000 each NCD |
| Issue Price | ₹1000 per NCD |
| Market Lot | 1 NCD |
| Min Order Qty | 10 NCD |
| Min Order Amount | ₹10000 |
| Listing at | BSE |
| Tenor | 18, 24, 36 and 60 months |
| Credit Rating | “CRISIL AA/Stable” by CRISIL Ratings Limited and “[ICRA]AA (Stable)” by ICRA Limited |
| Series | Series I to VIII |
| Payment Frequency | Monthly and Annually |
360 ONE Prime Limited's revenue decreased by -10.72% and profit after tax (PAT) dropped by -17.07% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 7,052.41 | 7,719.70 | 6,795.83 | 7,056.85 |
| Revenue | 458.31 | 673.66 | 754.58 | 970.81 |
| Profit After Tax | 172.92 | 234.52 | 282.80 | 156.19 |
| Net Worth | 1,452.41 | 1,394.43 | 1,272.30 | 1,693.77 |
| Reserves and Surplus | ||||
| Total Borrowing | ||||
| Amount in ₹ Crore | ||||
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
| # | Issue Objects |
|---|---|
| 1 | For onward lending, financing /refinancing the company's existing indebtedness, and debt servicing (payment of interest and repayment/prepayment of interest and principal of existing borrowings of the company. |
| 2 | General corporate purposes. |
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | |
|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Annual | Monthly | Annual | Monthly | Annual | Monthly | Annual |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 18 Months | 18 Months | 24 Months | 24 Months | 36 Months | 36 Months | 60 Months | 60 Months |
| Coupon (% per Annum) | 8.91% | 9.22% | 9.03% | 9.41% | 9.21% | 9.61% | 9.26% | 9.66% |
| Effective Yield (% per Annum) | 9.26% | 9.27% | 9.40% | 9.40% | 9.60% | 9.60% | 9.65% | 9.65% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 |
The NCDs proposed to be issued under this Issue have been rated CRISIL AA/Stable by CRISIL Ratings Limited and ICRA AA (Stable) by ICRA Limited with such ratings considered to have a stable outlook.
360 ONE Prime Limited was emerged as “Chephis Capital Markets Limited” on August 31, 1994. It is a wholly-owned subsidiary of 360 ONE WAM Limited, which acts as a lender to the 360 ONE Group. We are registered with the Reserve Bank of India under Section 45-IA of the Reserve Bank of India Act (“ NBFC”) as a non-deposit-taking non-banking financial company and classified as a medium-sized NBFC.
The product range primarily includes loans against securities (LAS), loans against property (LAP) and unsecured loans. Our company offers customized lending solutions, including financing against a combination of liquid and illiquid financial assets, to meet all our clients' financing needs in the form of term loans and advances.
The management team consists of experienced professionals who lead business and support functions and have several years of management experience in leading banks, financial services and asset management companies. They are convinced that the vision and leadership of our management team have contributed to the growth of our company in the past and will continue to determine our strategic direction in the future.
