Nexus Select Trust Allots ₹700 Cr NCDs in Two Tranches
15 December 2025
Overview
Nexus Select Trust has completed the allotment of non-convertible debentures (NCDs) worth ₹700 crores through its Borrowing Committee. The allotment consists of two tranches under Series IV: Tranche A with 50,000 NCDs totaling ₹500 crores, and Tranche B with 20,000 NCDs totaling ₹200 crores. Both tranches have a face value of ₹1,00,000 per NCD and are proposed to be listed on BSE Limited. The NCDs are listed, rated, secured, transferable, and redeemable, issued on a private placement basis in dematerialized form.
NCD Allotment Details
The allotment comprises two distinct tranches under Series IV, both featuring listed, rated, secured, transferable, and redeemable rupee-denominated non-convertible debentures issued on a private placement basis.
|
Parameter |
Series IV-Tranche A |
Series IV-Tranche B |
|
ISIN Number |
INE0NDH07068 |
INE0NDH07076 |
|
Number of NCDs |
50,000 |
20,000 |
|
Face Value per NCD |
₹1,00,000.00 |
₹1,00,000.00 |
|
Total Amount |
₹500.00 crores |
₹200.00 crores |
Regulatory Framework and Approval Process
The NCD issuance falls under the broader approval framework established by the Board members. The original approval encompassed the issuance of listed, rated, secured, transferable, redeemable Non-Convertible Debentures for a principal aggregate amount of up to ₹700.00 crores in one or more transactions, series, or tranches in dematerialized form on a private placement basis.
The Borrowing Committee of Nexus Select Mall Management Private Limited, acting as manager to the trust, exercised its authority through resolution by circulation to approve the specific allotment parameters.
Listing and Documentation
Both tranches are proposed to be listed on BSE Limited, providing investors with secondary market liquidity options. The allotment follows the terms and conditions outlined in the Key Information Document, which serves as the primary reference document for investors.The trust operates through its manager, Nexus Select Mall Management Private Limited, which is registered at Embassy 247, Unit No. 501, B Wing LBS Marg, Vikhroli (West), Mumbai City MH-400083, with CIN: U70109MH2021PTC363065.
Historical Stock Returns for Nexus Select Trust REIT
|
1 Day |
5 Days |
1 Month |
6 Months |
1 Year |
5 Years |
|
-1.91% |
-3.90% |
-5.44% |
+10.00% |
+12.96% |
+48.62% |