NCD Reckoner: Investment Opportunities in Listed NCDs
Past few months have witnessed fluryy of activity in the Public issue of Non Convertible Debentures (NCD) by reputed companies. The trend is led by NBFC and Housing Finance companies…
Review of Fixed Income opportunities.
Indiabulls Housing Finance Ltd: NCD Issue
On account of low Bank interest rates and absence of any tax-free bonds issue, NCD issues like Dewan Housing Finance Corporation Limited (DHFL) Tranche I as well Tranche II and…
Srei Infra Finance: 10% Coupon NCD
SREI Infra Day 1 of Opening As expected SREI Infra NCD issue got a tepid response from investors with just .5 x subscription. SREI Infra NPA levels (4%) & past…
DHFL 10,000 cr follow on NCD issue
(updated 30/8/16) Day 2 : Even as retail portion considering the green shoe option has not been fully subscribed, the issue has closed today. Day 1: Issue has been oversubscribed…
DHFL NCD : Attractive for some
Issue Details While Dewan Housing Finance Corp. Ltd (DHFL) has been frequently taking resort to Privately placed NCD issues, this is the first-ever public issue of secured NCDs from the…
Edelweiss Housing Finance : Excellent Response to NCD Issue
Edelweiss Housing Finance Public issue of 10% pa NCDs gets tremendous response and was subscribed 3.25 x on the very first day. Also remarkable is the strong participation by retail…
Public Issue: 10% p.a. NCD; Edelweiss Housing Finance
Issue Details Public Issue of Secured Redeemable Non-Convertible Debentures by “Edelweiss Housing Finance Ltd.” Issue Date : opening on Friday, 8th July 2016 and closes on Wednesday, 27th July 2016- First come First basis Lead Managers : SBI…
MMFSL NCD Issue : Is it attractive at this juncture
Issue Details Public issue of subordinated , unsecured Redeemable NCDs from Mahindra & Mahindra Financial Services Ltd (MMFSL) for Rs.250 Crores with an option to retain over subscription up to…