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TMI BlogNido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited) announces 2.05 times over-subscription of its public issue of secured redeemable non-convertible debentures ('NCDs') aggregating up to ? 1,000 millionX X X X Extracts X X X X X X X X Extracts X X X X ..... Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited) announces 2.05 times over-subscription of its public issue of secured redeemable non-convertible debentures ('NCDs') aggregating up to ? 1,000 million - PTI News Dated:- 14-1-2025 PTI - News - Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited) announces 2.05 times over-subscription of its p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ublic issue of secured redeemable non-convertible debentures ('NCDs') aggregating up to ? 1,000 million - - - Dated:- 14-1-2025 - MUMBAI, India, Jan. 14, 2025 /PRNewswire/ -- Nido Home Finance Limited, a leading player in the Housing Finance sector, announces the success of its recent Non Convertible Debenture (NCD) issuance, which was significantly oversubscribed. The issue of non-convertible deb ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... entures of face value ?1000 each ('NCDs'), amounting to ? 500 million, with a green shoe option of up to ? 500 million, aggregating up to ? 1,000 million ('Issue'). The Issue opened on Tuesday, December 17, 2024, and closed on Tuesday, December 31, 2024, and was oversubscribed 2.05 times. The NCD aimed to raise funds that will be used for onward lending to home buyers. This milestone underscores t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he trust and confidence that investors have placed in the company's robust asset-light business model and long-term growth prospects in the affordable housing space. This issue was Nido's fifth successful public NCD issuance in just the past year and a half. The management at Nido Home Finance remains committed to enhancing stakeholder value in the future by leveraging strategic co-lending partner ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ships to grow its business and continuing to invest in future-fit capabilities such as tech and analytics. About Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited): Nido is a non-deposit-taking housing finance company focused on offering secured loan products to suit the needs of individuals, including small ticket loans to our customers in the affordable housing categ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ory with 67 branches across the country, a part of the Edelweiss group which is one leading diversified financial services group in India. We offer customers a range of mortgage-related loan products, including: • Home Loans, which include offering secured loans to salaried individuals, self-employed individuals, and others for the purchase/ construction/ renovation of residential properties again ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... st the mortgage of the same property. • Non-housing loans including loans against property (LAP), is a loan facility majorly offered to self-employed individuals, against an unencumbered property, where the end use may be towards deployment of working capital, purchase of property, or any other purpose. • Construction Finance is a loan facility offered to real estate developers towards the cost of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the construction of residential projects. Construction Finance includes offering loans for the construction of residential projects, against a mortgage of the same property and/or other collateral. (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR - News - Press release - PIB Tax Management ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax
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