| Issue Size (Base) | ₹75.00 Cr |
| Face Value | โน1000 each NCD |
| Issue Price | โน1000 per NCD |
| Market Lot | 1 NCD |
| Min Order Qty | 10 NCD |
| Min Order Amount | โน10000 |
| Listing at | BSE |
| Tenor | 24, 36, 60 and 120 months |
| Credit Rating | Crisil Ratings Limited : CRISIL A+ by CRISIL Ratings Limited |
| Series | Series I to X |
| Payment Frequency | Monthly and Annually |
Nido Home Finance Limited's revenue increased by 12% and profit after tax (PAT) dropped by 4% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 4,051.62 | 3,764.95 | 3,786.24 |
| Revenue | 520.63 | 464.84 | 444.69 |
| Profit After Tax | 18.43 | 19.25 | 16.30 |
| Net Worth | 0.00 | 0.00 | 0.00 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 |
| Total Borrowing | 0.00 | 0.00 | 0.00 |
| Amount in ₹ Crore | |||
The company intends to use the funds raised by the issue:
| # | Issue Objects |
|---|---|
| 1 | For onward lending, financing, 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 | Series 9 | Series 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Annual | NA | Monthly | Annual | NA | Monthly | Annual | NA | Monthly | Annual |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 24 Months | 24 Months | 36 Months | 36 Months | 36 Months | 60 Months | 60 Months | 60 Months | 120 Months | 120 Months |
| Coupon (% per Annum) | 9.25% | NA | 9.57% | 10.00% | NA | 9.85% | 10.30% | NA | 10.25% | 10.75% |
| Effective Yield (% per Annum) | 9.25% | 9.25% | 10.00% | 9.99% | 10.00% | 10.30% | 10.29% | 10.30% | 10.74% | 10.74% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,193.56 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,331.35 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,633.04 | Rs 1,000.00 | Rs 1,000.00 |
The NCDs proposed to be issued under the Issue have been rated "CRISIL AA-/Negative" (pronounced as CRISIL double A minus rating with negative outlook) for an amount of โน 1,500 million by CRISIL Ratings Limited and;"[ICRA] A+ (Stable)" for an amount of โน 1,500 million by ICRA Limited.
Nido Home Finance is a non-deposit taking non-banking financial company in India.
The company offers various types of funding solutions, including home loans to salaried, self-employed and other individuals, and non-housing loans like loan against property, and construction loans to developers.