Page 3 - Ncd

Indiabulls board approves fundraising plan of up to Rs 50,000 cr

Funds can be raised via NCDs on one or more tranches as private placement

Kalpataru Power raises Rs 200 cr via issuing non-convertible debentures

Kalpataru Power Transmission Ltd on Wednesday said it has raised Rs 200 crore through the issuance of non-convertible debentures (NCDs).

Godrej Industries' Board approves plan to raise Rs 750 cr via NCDs

Godrej Industries on Tuesday said its board has approved a proposal to raise Rs 750 crore by issuing non-convertible debentures (NCDs).

Religare Finvest to default on Rs 100 crore NCD payment obligation

Religare Enterprises on Wednesday said its arm Religare Finvest Limited will default on Rs 100 crore NCD payment obligation later this month to subscriber Axis Bank

Realty firm DLF raises Rs 500 crore through NCD issue to investors

The tenure of the NCDs is three years and the coupon rate is 8.25%. The NCDs will be listed on the BSE

QIP mechanism: Sebi proposes scrapping segregated offering of NCD, warrants

Under the current framework, an investor can either subscribe to the combined offering of NCD instrument with warrants or to the individual securities.

Motherson Sumi upsizes NCD issue to Rs 2,130 cr on overwhelming demand

The issue was the joint widest distributed debt issuance by an Indian private sector corporate in the current fiscal

Motherson Sumi upsizes its NCD issue to Rs 2,130 cr using greenshoe option

Overall, 24 investors (including 23 qualified institutional buyers) have invested in the non-convertible debentures (NCDs)

Suzlon board okays issuance of NCDs worth Rs 4.4K cr under debt recast plan

The company's BSE filing read that Suzlon and its subsidiaries have recently concluded a comprehensive debt restructuring and issued various convertible and optional securities pursuant to the same

Cash-strapped Blue Star to raise Rs 300 crore via NCDs to meet expenses

The nationwide lockdown has impacted the company's cash flow and the firm needs funds for its business continuity and growth over the next 12-18 months, Blue Star said in a regulatory filing

Ind-Ra rates Mahindra & Mahindra NCDs 'AAA' with stable outlook

M&M has a diversified business profile with presence across farm equipment, auto and automotive components, defence, information technology, hospitality, steel trading, infrastructure and aerospace

RIL to raise Rs 9,000 cr via NCD issue on April 16 to refinance rupee debt

The most cash-rich company is also one of the most indebted corporates sitting on debt pile of over Rs 1.54 trillion as of March 2020.

Tata Motors to raise Rs 500 cr through issue of non-convertible debentures

The issuance is pursuant to the approval of the board of directors' resolution passed at its meeting held on October 25, 2019

Spread your risk by investing in NCDs; go for issues rated AA and above

Unlike bank FDs that are considered risk-free investments, NCDs do carry a certain amount of risk

Look at credit rating carefully before investing in NCDs

While interest rate is 100-200 basis points higher than bank FDs, quality of issuer is important

Retail investors can look at NCDs for higher returns

But watch out for the issuer's credit ratings in the upcoming issuances, especially if looking at tenure of more than 3 yrs

DHFL NCD suitable for those in lower tax bracket

Inflation-linked option offers no added benefit as underlying benchmark is difficult to predict

Four cos garner Rs 1,900 crore via NCDs in April-May

NCDs are loan-linked bonds that cannot be converted into stock and usually offer higher interest rates than convertible debentures

NCDs suit those in lower tax brackets

Investors in the 10% and 20% slabs can get better post-tax returns compared to a bank fixed deposit

2 firms garner Rs 695 crore via NCDs in April-May

According to the latest data with Sebi, this is on top of the Rs 33,812 crore garnered in the entire preceding financial year