Ncd

Money

Assess the credit profile of NCDs before investing

Non-convertible debentures may suffer liquidity constraints and are not completely risk-free

2 min read27 Oct 2020
Money

Shriram Transport Finance offers NCDs with interest rates up to 9.1%

The base size of the issue is ₹200 crore with an option to retain oversubscription aggregating up to ₹1,000 croreThe bonds will be offering a coupon in the range of 8.52-9.1% under various interest payment options

2 min read2 Jan 2020
Mutual Funds

Ind-Ra downgrades Voda Idea debt to one notch above junk, 31 MF schemes exposed

India Ratings downgraded the telecom major's long-term issuer ratings on NCDs worth ₹3,500 crInd-Ra downgraded Vodafone Idea's rating to IND BBB from IND A plus and simultaneously placed it on rating watch negative

1 min read2 Nov 2019
Money

Manappuram Home Finance NCD: Should you invest?

The NCDs are being issued for tenors of 36 months, 60 months and 2,500 days (roughly seven years) at coupons ranging from 9.75% to 10.65%If you really are willing to take a heavy amount of risk, pick the lowest tenor (36 months) and monthly coupon to mitigate your potential downside

2 min read30 Sep 2019
Companies

JSW Steel raises $400 million in overseas debt

The proceeds will be used to refinance existing loans and for general corporate purposesThe NCDs will be listed on the Singapore Stock Exchange

1 min read24 Sep 2019
Money

NCDs of IIFL, JM Financial up for sale. Should you invest?

IIFL and JM Financial offer NCDs with maximum yields of 10.50% and 10.40%, respectivelyA debt mutual fund will offer a less risky diversified basket of bonds and non-convertible debentures

3 min read6 Aug 2019
Politics

Government adopts existing state level PPP program for screening NCDs under Ayushman Bharat

The government chose to expand a program that was already running in Andhra Pradesh and Telangana under AB-PMJAYHealth and wellness component of Ayushman Bharat aims to address the requirements of preventive and promotive health services through Health & Wellness Centres

3 min read23 Apr 2019
Money

Srei opens NCD issue to raise up to ₹500 crore

The first tranche of Srei's non-convertible debentures (NCDs) is slated to close on May 9The highest coupon is 10.75% per annum for investors of all categories for tenure of five years

1 min read9 Apr 2019
Industry

Tata Steel approves issue of NCDs worth ₹4,000 crore

The date of allotment has been fixed as 1 March, 2019, while the date of maturity would be 1 March, 2034Tata Steel is among the top global steel companies with an annual crude steel capacity of 33 million tonnes per annum

1 min read26 Feb 2019
Money

Planning to invest in NCDs? Don't just go by the returns

Even if returns from NCDs look attractive to you, consider other important metrics such as credit rating, liquidity and the tax impact on your portfolio before investing in one

5 min read15 Jan 2019