Himatsingka Seide Debt & Borrowing: ₹25 Cr
Himatsingka Seide Limited allotted 500 Tranche 5 Series E Non-Convertible Debentures aggregating to ₹25 Crore on a private placement basis.
- Value
- ₹25.00 Cr
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Himatsingka Seide Limited allotted 500 Tranche 5 Series E Non-Convertible Debentures aggregating to ₹25 Crore on a private placement basis.
Himatsingka Seide will issue Series 1 Listed Non-Convertible Debentures aggregating ₹550 Crore, including a green shoe option of ₹250 Crore, via private placement.
Himatsingka Seide allotted 100 non-convertible debentures on a private placement basis. The issuance aggregates to Rs. 5 Crore.
Himatsingka Seide has allotted 250 Tranche 3 Series E non-convertible debentures on a private placement basis, aggregating to Rs. 12.5 Crore.
Himatsingka Seide Limited has allotted 255 unlisted, senior, secured non-convertible debentures on a private placement basis. The issuance aggregates to ₹12.75 Crore with an 11.50% annual coupon.
Himatsingka Seide allotted Rs. 15 Crore worth of unlisted Non-Convertible Debentures on a private placement basis. The secured instruments carry an 11.50% annual coupon.
Himatsingka Seide allotted Tranche 2 Series D NCDs aggregating to Rs. 35 Crore on a private placement basis. The unlisted instruments carry an 11.50% annual coupon.
Himatsingka Seide approved the private placement of Rs. 200 Crore Series E Non-Convertible Debentures. The secured instruments carry an 11.50% coupon with a 42-month tenure.
Himatsingka Seide Limited allotted Rs.15 Crore of Series D non‑convertible debentures on private placement. The 300 debentures have a Rs.5 lakh face value and 11.5% p.a. coupon.
Himatsingka Seide Ltd allotted Rs.50 Crore of Series C NCDs on a private placement. The 42‑month debentures carry 11.5% interest payable quarterly.
Himatsingka Seide plans to issue NCDs totaling ₹1,000 Crore. The instruments have a tenure of 42 months.
Himatsingka Seide approved a ₹800 Crore NCD issuance, including a ₹250 Crore green shoe option. Funds will be raised via private placement at 11.50% interest.
Himatsingka Seide approved issuing ₹850 Crore in Non-Convertible Debentures via private placement. The 42-month instruments carry a 11.50% coupon to strengthen the company's capital structure.
Himatsingka Seide Ltd disclosed it does not qualify as a Large Corporate under SEBI's debt-raising framework. While outstanding borrowings reached ₹1595.38 Crore, its credit rating of CRISIL BBB+/Stable does not meet the 'AA' or higher threshold required for the classification. This exempts the company from mandatory debt-market borrowing requirements.