Public Issues NCD
What are NCDs?
Non-Convertible Debentures (NCDs) are fixed-income instruments that offer investors a stable and predictable source of income. These debentures are issued by corporations to raise capital for various purposes, including business expansion and debt repayment. Muthoot Finance Limited, a trusted name in the financial industry, is now offering NCDs with an attractive set of features.
Ongoing NCD
|
Issuer Name
|
Issue Size (Rs in crores)
|
Opening Date
|
Closing Date
|
|---|---|---|---|
|
EDELWEISS FINANCIAL SERVICES LIMITED
|
Up to Rs.200 Cr
|
06/10/2023
|
19/10/2023
|
Upcoming NCD
|
Issuer Name
|
Issue Size (Rs in crores)
|
Opening Date
|
Closing Date
|
|---|---|---|---|
|
INCRED FINANCIAL SERVICES LIMITED
|
Up to Rs 300 Cr
|
25/10/2023
|
07/11/2023
|
Key Features of NCDs
Easily Tradable
NCD investment are listed on the open stock markets and exchanges.
Direct Bank Credit
Interest on NCD investment is paid by a direct bank credit.
Digitalised
Issuance and Trading of NCD investment is in the demat form only.
Lower Risk
Only companies with a good credit rating can issue secured NCDs.
Key Benefits of NCDs
Better Returns
Secured NCDs provide a higher NCD interest rate to their investors.
Good Liquidity
Sell NCD investments on stock exchanges or exercise the Put/Call option.
No Upfront Tax
No tax is deducted at source as per the provisions of Sec 193 of the IT Act
Diversification
NCD Investments add diversification to your portfolio with income security.
