Mahindra & Mahindra Financial Services allots ₹2200 crore NCDs on private placement
Mahindra & Mahindra Financial Services · Finance
Key highlights
- Allotted 2,20,000 secured, rated, floating, listed redeemable non-convertible debentures (NCDs) of ₹1,00,000 face value each on 19 May 2026
- Issue size up to ₹3000 crore; base issue ₹2000 crore plus ₹200 crore green shoe; total allotment ₹2200 crore
- Tenure 3 years (19 May 2026 to 18 May 2029); coupon (3MTBILL + 2.10% spread) p.a. payable annually, subject to quarterly reset; secured by exclusive charge on receivables and assets
Why it's rated notable: amount is ₹500 crore or more
Original filing
Announcement under Regulation 30 (LODR)-Allotment
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Mahindra & Mahindra Financial Services
- Acquisition / mergerNotableMahindra & Mahindra Financial Services approves merger with Mahindra Rural Housing Finance
Other fundraise / allotment filings this fortnight
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- Bajaj Finance Limited allots 5.74 crore warrants to Bajaj Finserv on 10 Nov 2026
- Bajaj Finance approves preferential issue of 5.74 crore warrants to Bajaj Finserv
- Chaman Metallics Limited announces H1 FY27 financial results and proposed Rights Issue
- Harmony Capital Services receives BSE approval for preferential issue of shares
- Kuber Udyog: open offer corrigendum, allotments of shares and warrants at ₹23.10
Potential multibaggers · Q2 FY27
Potential multibaggers in Finance
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.