PNB Housing Finance allots ₹500 crore NCDs at 8.35% coupon

1 min read     Updated on 09 Jun 2026, 06:13 PM
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Radhika SScanX News Team
AI Summary

PNB Housing Finance allotted 50,000 Non-Convertible Debentures (NCDs) aggregating ₹500 crore on June 09, 2026. The secured, taxable NCDs carry a coupon rate of 8.35% per annum and mature on June 09, 2031. The allotment was made through private placement on the NSE's Electronic Book Provider platform.

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PNB Housing Finance allotted 50,000 Non-Convertible Debentures (NCDs) aggregating ₹500 crore on June 09, 2026, to raise capital through private placement. The secured, taxable, and redeemable NCDs carry a coupon rate of 8.35% per annum, providing a fixed return to investors over a five-year tenure. The instruments were issued via the Electronic Book Provider (EBP) platform of the National Stock Exchange of India Limited (NSE).

The debentures, designated as the 8.35% PNB Housing Finance Limited 2031 Series LXXVI, have a face value of ₹1,00,000 each. They will be listed on the Wholesale Debt Market (WDM) Segment of the NSE. The security structure includes an exclusive charge on the specific book debts of the company, ensuring a minimum security coverage of 1 time.

Interest payments are scheduled annually on June 09 each year, starting from June 09, 2027, until maturity. The principal amount will be repaid in full on the maturity date of June 09, 2031. In the event of a default in interest or principal repayment, the company is liable to pay additional interest at 2% per annum over the coupon rate for the period of default.

Key Details of the Allotment

S. No. Terms Particulars
1. Size of the issue 50,000 NCDs of face value ₹1,00,000 each aggregating ₹500 crore
2. Listing status Yes, on NSE Wholesale Debt Market Segment
3. Tenure 5 Years (Allotment: June 09, 2026; Maturity: June 09, 2031)
4. Coupon rate 8.35% p.a.
5. Interest payment dates June 09, 2027; June 09, 2028; June 09, 2029; June 09, 2030; June 09, 2031
6. Security Exclusive charge on specific book debts (1x coverage)
7. Default penalty Additional interest of 2% p.a. over the coupon rate

Historical Stock Returns for PNB Housing Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+1.95%-1.40%-9.37%+13.27%-12.17%+40.00%

How will the proceeds from this ₹500 crore issuance impact PNB Housing Finance's capital adequacy ratio and lending capacity?

What does the 8.35% coupon rate indicate about the current market perception of PNB Housing Finance's credit risk?

Will this successful private placement encourage the company to raise additional debt capital through similar instruments in the near future?

PNB Housing Finance discusses strategy at Citi India Conference 2026

1 min read     Updated on 06 Jun 2026, 12:18 AM
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Anirudha BScanX News Team
AI Summary

PNB Housing Finance Limited executives met with institutional investors at the Citi India Conference 2026 on June 05, 2026, to discuss business strategy, margins, and asset quality. The company confirmed no unpublished price sensitive information was shared during the meeting.

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PNB Housing Finance Limited executives engaged with institutional investors and analysts at the Citi India Conference 2026 on June 05, 2026. The meeting, held between 12:00 P.M. and 05:00 P.M. IST, provided a platform to discuss the company's strategic direction and operational performance. Key topics included business strategy, margins, asset quality, return profile, technology enhancements, and the future outlook of the company.

The discussions were led by Mr. Vinay Gupta, Chief Financial Officer, and Mr. Chaitanya Yadav, National Head- Corporate Planning & Investor Relations. The company clarified that the matters discussed are already covered in detail in investor presentations, earnings call recordings, transcripts, and press releases previously submitted to the stock exchanges. No unpublished price sensitive information was shared during the interaction.

The meeting saw participation from several major institutional investors and asset management companies. The list of attendees included prominent mutual funds and insurance firms, reflecting significant interest in the company's financial health and growth trajectory.

Participating Investors

Sl. No. Fund Name
1. Aditya Birla Sun Life Mutual Fund
2. Goldman Sachs Asset Management
3. Axis Asset Management Co. Ltd
4. 360 One Wealth Asset Management
5. SBI Mutual Fund
6. Tata Mutual Fund
7. North Rock Capital Management
8. WhiteOak Capital Management
9. Tata AIA Life Insurance Ltd
10. Westbridge Capital Partners LLC
11. Eastspring Investments

This intimation was submitted to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details of the meeting have also been made available on the company's official website.

Historical Stock Returns for PNB Housing Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+1.95%-1.40%-9.37%+13.27%-12.17%+40.00%

How will PNB Housing's strategic direction evolve in response to the competitive landscape in 2026?

What impact will the discussed technology enhancements have on operational efficiency and customer acquisition?

How might the company's asset quality be affected by current economic trends and regulatory changes?

More News on PNB Housing Finance

1 Year Returns:-12.17%