Loading...
Guest User
Welcome! Please login.
| Issue Size (Base) | ₹300.00 Cr |
| Issue Size (Shelf) | ₹500.00 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 | 24, 36 and 60 Months |
| Credit Rating | “ CRISIL AA-/ Positive” by CRISIL Ratings Limited |
| Series | Series I to VI |
| Payment Frequency | Quarterly and Annually |
Arka Fincap Limited's revenue increased by 83.6% and profit after tax (PAT) rose by 88.72% 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 | 4,512.21 | 4,338.09 | 2,627.00 | 1,366.14 |
| Revenue | 258.48 | 372.89 | 203.09 | 102.93 |
| Profit After Tax | 35.32 | 61.36 | 32.52 | 16.88 |
| Net Worth | 1,130.83 | 1,033.04 | 826.93 | 666.88 |
| Reserves and Surplus | ||||
| Total Borrowing | ||||
| Amount in ₹ Crore | ||||
The promoters of the company are Kirloskar Oil Engines Limited and Arka Financial Holdings Private Limited
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, and for repayment of interest and principal of existing borrowings of the Company; and |
| 2 | General corporate purposes. |
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | |
|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Quarterly | Annual | Quarterly | Annual | Quarterly | Annual |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 24 Months | 24 Months | 36 Months | 36 Months | 60 Months | 60 Months |
| Coupon (% per Annum) | 9.00% | 9.30% | 9.30% | 9.65% | 9.65% | 10.00% |
| Effective Yield (% per Annum) | 9.29% | 9.29% | 9.62% | 9.64% | 9.99% | 9.99% |
| 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 |
The NCDs proposed to be issued under this Issue have been rated CRISIL AA-/Positive by CRISIL Ratings Limited, with such ratings considered to have a stable outlook.
Arka Fincap is a RBI registered Non-Deposit taking NBFC company in India. The company primarily offers term financing solutions to corporates, real estates, urban infra financing, MSME loans, and personal financing solutions.
As of Dec 31, 2022, the company has a total loan book value of Rs 3,38,932.27 lakhs. Its distribution network includes 70 in-house sales team and 500 third-party direct sales associates.
