This partnership aims to enable GoldenPi’s audience to invest in various fixed income instruments, including high-rated bonds and NCDs from trusted institutions at a starting price of just Rs 10,000
A press release form the company said the NCDs which were raised on Tuesday will be listed on BSE Limited.
"Committee of the Board at its meeting held today... approved the issue of 3,000 secured, unlisted, redeemable, rated NCDs having a face value of Rs 10 lakh each for cash at par aggregating to Rs 300 crore, on a private placement basis," a BSE filing stated.
The Tranche II issue has seen significant demand in the retail segment with a total collection of Rs 4,155.27 million, EFSL said in a statement.
A double-digit yield is on offer with Edelweiss Financial Services Limited’s latest non-convertible debenture issue. You can earn up to 10.09% a year by investing in a 10-year bond.
The due date for payment was August 17, 2022, FEL said in a regulatory filing.
On a consolidated basis, NTPC generated 104.42 billion units in Q1FY23, up 22 percent on year.
As interest rates rise and bond yields go up, non-convertible debentures are set to become attractive. But keep an eye on the company’s credit rating
The board of directors of the company at its meeting held on Monday also approved the buyback of rated, listed commercial paper aggregating to up to Rs 600 crore, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a regulatory filing.
Fundraising will be at an interest rate that will be determined by the prevailing money market conditions at the time of borrowing, said JK Cement in a filing
The company held its Committee Meeting on March 22, where it gave approval for Indiabulls to raise funds through the issue of NCDs and /or bonds, in one or more tranches, on a private placement basis up to the shareholders existing authorization of Rs 50,000 crore.
The NCDs have an average coupon rate of 7.83% per annum, which is significantly lower than existing debt.
With this order, now the CoC have to reconsider the provision of section 66 of IBC which mandates that the benefit should go to all the creditors of DHFL, 63 Moons said.
The NCD offer interest rates in the range of 8.25 percent to 8.75 percent for the tenures of 36, 60 and 84 months
The proceeds from the NCD issue are to be used towards repayment of financial obligations, rather than growth
You should consider NCDs with high credit rating, healthy yield-to-maturity and ample liquidity in the exchanges
The five-year NCD has a monthly pay-out option for those who may need regular income
The issue opens today and the minimum application size is Rs 10,000. These NCDs have been rated AA/Stable by ICRA and CRISIL
There are eight series of NCDs, carrying fixed rates of interest in the range of 8.75-9.7 percent, payable on tenures of 36 months, 60 months and 120 months
A meeting of the duly authorised committee has approved for subscription, on a private placement basis, up to 5,000 rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) E30-B Series of face value Rs 10,00,000 each aggregating up to Rs 500 crore, the auto major said in a regulatory filing.
A meeting of the duly authorised committee has approved subscription, on a private placement basis, up to 5,000 rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) of face value Rs 10 lakh each, aggregating up to Rs 500 crore, the auto major said in a regulatory filing.
The product is a therapeutic equivalent generic version of Prolixin tablets approved by the US Food and Drug Administration (USFDA).
There are seven different options PFC offers in the proposed NCD issue
The original issue size was Rs 1,500 crore, which was upsized using the greenshoe option on the back of overwhelming investor demand, according to Motherson Sumi Systems.
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