The Board of the company will meet on Wednesday, January 29, to consider these proposals.
SBI Cards and Payment Services has got the board nod to issue NCDs worth Rs 5,000 crore on private placement basis in one or more tranches.
PNB Housing Finance shares have delivered multibagger returns of 105.28 percent in the last three years, as per data available on the BSE.
The issue's base size will be Rs 100 crore, with an option to retain oversubscription up to Rs 800 crore, an exchange filing said.
The issue will open on May 23, 2022 and close on June 10, 2022 and will offer tenors of 18 months and 27 months with yield ranging from 9.57 percent to 9.80 percent.
Over 17,000 applications were received from across India, EFSL said, adding that almost 50 percent of the total issue size got subscribed for 5-year and 10-year tenure, which indicates that the investors sought to subscribe for long term.
A non-banking financing company, SREI Equipment Finance is going to open its Rs 500 crore public issue of secured, redeemable non-convertible debentures of a face value of Rs 1,000/- each on April 09.
Muthoot Finance has come out with its public issue of secured reedemable non-convertible debentures and unsecured reedemable non-convertible debentures of face value of Rs 1,000 each.
A Noida based an infrastructure development company, Jaypee Infratech has planned to raise Rs 500 crores via its NCD issue.
State-run NTPC has come out with its public issue of tax-free secured redeemable non-convertible bonds of a face value of Rs 1,000 each in the nature of debentures having tax benefits, aggregating up to Rs 1,750 crore (Including option to retain oversubscription of Rs 750 crore).
NTPC a largest power producer in India has filed the draft prospectus for its public issue of tax-free secured redeemable non-convertible bonds of a face value of Rs 1,000 each, aggregating up to Rs 1,000 crore.
The company had launched NCD issue aggregating up to Rs 525 crore, with an option to retain over-subscription up to Rs 525 crore, aggregating to a total of up to Rs 1,050 crore on September 17.
CRISIL Ratings has assigned its 'CRISIL AAA/Stable' rating to Larsen & Toubro's (L&T's) Rs.1,000 million inflation linked capital indexed non-convertible debenture issue. CRISIL has also reaffirmed its ratings on L&T's existing debt instruments and bank facilities at 'CRISIL AAA/FAAA/Stable/CRISILA1+'.
Thomas Cook (India) will raise up to Rs 200 crore via NCD issue, reports CNBC-TV18. At 09:29 hrs Thomas Cook (India) was quoting at Rs 62.20, up Rs 2.20, or 3.67%.
Brickwork Ratings (BWR) has assigned the rating of 'BWR AA' (Outlook stable) for the proposed unsecured subordinated NCD issue of Rs 55 crores of Magma Fincorp Ltd and reaffirmed the ratings for the other issues of the company.
Brickwork Ratings (BWR) has reaffirmed BWR AA- rating for Trent Ltd‘s (Trent) INR 75 Crore unsecured NCD Issue. Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.
Brickwork Ratings (BWR) has assigned a rating grade of BWR AA with Stable outlook for First Leasing Company of India Ltd‘s (FLCI) proposed Unsecured Subordinated Non-Convertible Debenture Issue of Rs 75 Cr. Instruments with this rating are considered to have a high degree of safety regarding the timely servicing of financial obligations.
Brickwork Ratings has assigned "BWR AA" for unsecured subordinated NCD issue of Rs 60 crores and reaffirmed the other outstanding ratings of Magma Fincorp Limited. As per the rating agency the performance of the company would be stable over the next year.
Brickwork Ratings (BWR) has assigned BWR A-(SO) rating to proposed secured NCD issue of Rs 150 Cr with a tenor of 36 months of Puravankara Projects Ltd.
Brickwork Ratings has assigned 'BWR AA' for SREI Infrastructure Finance Limited’s proposed unsecured subordinated debenture (Tier II) issue of Rs 250 crores and NCD issue of Rs 500 crores.
Nirmal Bang has come out with its report on infra bonds issue of L&T Infrastructure Finance Company.
The competition gets tougher for non-banking finance companies or NBFCs, tapping public money to meet their funds requirement through non-convertible debenture issues.
Muthoot Finance today said it has embarked on a major expansion drive and would invest Rs 80 crore for opening of 800 new branches across the country in the current fiscal.
Gold loan provider – Muthoot Finance’s first quarter net profit surged more than two-folds or 125% year-on-year to Rs 190 crore on the back of a robust loan book growth. The mortgage lender’s total gold loan book almost doubled to Rs 17,803 crore compared with Rs 9,040 crore a year ago.
Private sector lender Yes Bank is focusing on credit substitutes, a form of lending wherein the bank subscribes to non-convertible debenture or corporate bond issues of rated companies. The bank has subscribed 50% to Tata Power's Rs 1,500 crore private placements through NCD issue in June.