If you have been regular to personal finance blogs or financial newspapers you would often hear about NCDs or Non-convertible Debentures. This post explains the following concepts about NCDs: What is NCD? Secured Vs Unsecured NCD? Put Vs Call Option in NCD? How to Apply for NCDs? How to Hold NCDs – Physical Form or […]
Reliagre Finvest a subsidiary of Religare Enterprises Ltd, has opened its secured NCD for subscription on September 14, 2012. The company focuses on small and medium enterprises (SME) and retail capital market financing. It has been rated AA- by both CRISIL and ICRA, which means that the investment is safe. Its offering coupon rates of 12.25% – 12.50%
IIFL Non Convertible Debentures (NCD) opens today for subscription. The IIFL NCD issue has been rated (AA-) by both ICRA and CRISIL meaning the investment is safe. It has six-year repayment duration with coupon rate of 12.75% per annum (p.a.), which would double your money at maturity. You can read the details by clicking here.
