{"id":7213,"date":"2016-07-07T09:01:30","date_gmt":"2016-07-07T03:31:30","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=7213"},"modified":"2016-07-07T09:01:30","modified_gmt":"2016-07-07T03:31:30","slug":"edelweiss-housing-finance-ncd-july16","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/edelweiss-housing-finance-ncd-july16\/","title":{"rendered":"10% Edelweiss Housing Finance Ltd NCD &#8211; July&#8217;16 \u2013 Should you Invest?"},"content":{"rendered":"<figure id=\"attachment_7220\" aria-describedby=\"caption-attachment-7220\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-7220\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-NCD-July-2016-300x169.png\" alt=\"Edelweiss Housing Finance NCD - July 2016\" width=\"300\" height=\"169\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-NCD-July-2016-300x169.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-NCD-July-2016.png 574w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-7220\" class=\"wp-caption-text\"><strong>Edelweiss Housing Finance NCD &#8211; July 2016<\/strong><\/figcaption><\/figure>\n<p style=\"text-align: justify;\">Edelweiss Housing Finance Ltd, a housing finance company has come out with public issue of non-convertible debentures (NCD) offering up to 10% interest rate. The issue would open on July 8\u00a0and would close on July 27, 2016.<\/p>\n<h2 style=\"text-align: justify;\">Edelweiss Housing Finance NCD \u2013 Significant Points:<\/h2>\n<ul style=\"text-align: justify;\">\n<li style=\"text-align: justify;\"><strong>Offer Period:<\/strong>\u00a0July 8 to July 27, 2016<\/li>\n<li style=\"text-align: justify;\"><strong>Annual Interest Rates<\/strong>\u00a0for Retail Investors: 9.50% to 10% depending on tenure<\/li>\n<li style=\"text-align: justify;\"><strong>Price of each bond:<\/strong>\u00a0Rs 1,000<\/li>\n<li style=\"text-align: justify;\"><strong>Minimum Investment<\/strong>: 10 Bonds (Rs 10,000)<\/li>\n<li style=\"text-align: justify;\"><strong>Max Investment Limit<\/strong>\u00a0for Retail Investor: Rs 10 Lakhs<\/li>\n<li style=\"text-align: justify;\"><strong>Credit Rating<\/strong>: \u201cCARE AA\u201d by CARE, \u201c[ICRA] AA\u201d by ICRA &amp; \u201cBWR AA+\u201d by Brickwork<\/li>\n<li style=\"text-align: justify;\"><strong>Allotment<\/strong>: First Come First Serve<\/li>\n<li style=\"text-align: justify;\"><strong>Listing:<\/strong>\u00a0Bonds would be listed on BSE &amp; NSE and will entail capital gains tax on exit through secondary market<\/li>\n<\/ul>\n<blockquote><p><span style=\"background-color: #ffcc00;\"><strong style=\"font-style: italic;\">Also Read<\/strong><\/span><span style=\"font-style: italic;\"><span style=\"background-color: #ffcc00;\">\u00a0\u2013<\/span>\u00a0<\/span><span style=\"font-style: italic;\"><a style=\"font-weight: inherit; font-style: inherit; color: #005fa1;\" href=\"http:\/\/www.apnaplan.com\/know-ncd-investment-tips-tds-and-taxation\/\"><span style=\"font-weight: inherit; font-style: inherit;\">Know NCD \u2013 Investment Tips, TDS and Taxation<\/span><\/a><\/span><\/p><\/blockquote>\n<h2 style=\"text-align: justify;\">Edelweiss Housing Finance\u00a0NCD &#8211; Investment Options:<\/h2>\n<p style=\"text-align: justify;\">There are 7\u00a0options of investment in Edelweiss Housing Finance Ltd NCD. The interest rates below are only for <strong>Individual investors (Category 3)<\/strong> as referred below.<\/p>\n<figure id=\"attachment_7214\" aria-describedby=\"caption-attachment-7214\" style=\"width: 757px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-7214\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-Ltd-NCD-\u2013-Investment-Options-July-16-1024x758.png\" alt=\"Edelweiss Housing Finance Ltd NCD \u2013 Investment Options - July 16\" width=\"757\" height=\"560\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-Ltd-NCD-\u2013-Investment-Options-July-16-1024x758.png 1024w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-Ltd-NCD-\u2013-Investment-Options-July-16-300x222.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-Ltd-NCD-\u2013-Investment-Options-July-16-768x569.png 768w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-Ltd-NCD-\u2013-Investment-Options-July-16.png 1178w\" sizes=\"(max-width: 757px) 100vw, 757px\" \/><figcaption id=\"caption-attachment-7214\" class=\"wp-caption-text\"><strong>Edelweiss Housing Finance Ltd NCD \u2013 Investment Options &#8211; July 16<\/strong><\/figcaption><\/figure>\n<h2 style=\"text-align: justify;\">Edelweiss Housing Finance NCD &#8211; Who can Apply?<\/h2>\n<p style=\"text-align: justify;\">This issue is open to all Indian residents, HUFs and Institutions.<\/p>\n<ol style=\"text-align: justify;\">\n<li>Category I \u2013 Institutional Portion \u2013 20% of the issue is reserved<\/li>\n<li>Category II \u2013 Non-Institutional Portion\u00a0\u2013 20% of the issue is reserved<\/li>\n<li>Category III \u2013 Retail Individual Investor\/HUFs Portion\u00a0\u2013 60%\u00a0of the issue is reserved<\/li>\n<\/ol>\n<h2 style=\"text-align: justify;\">Why you should invest?<\/h2>\n<ol style=\"text-align: justify;\">\n<li>AA Credit rating means very less likely hood of credit default<\/li>\n<li>The <a href=\"http:\/\/www.apnaplan.com\/highest-interest-rate-on-bank-fixed-deposits-fd\/\">interest rates are almost 2% higher than regular bank FDs<\/a><\/li>\n<li>The company is doing well in last few years with consistent rise in profits.<\/li>\n<li>This is secured NCD<\/li>\n<\/ol>\n<h2 style=\"text-align: justify;\">Why you should not invest?<\/h2>\n<ol style=\"text-align: justify;\">\n<li>There are NCDs available in secondary market which have higher yields with similar rating. The problem is low liquidity and hence is difficult to buy in large numbers.<\/li>\n<\/ol>\n<blockquote><p>Also Read:\u00a0<a href=\"http:\/\/www.apnaplan.com\/highest-interest-rate-on-recurring-deposits-rd\/\">Highest Interest Rate on Recurring Deposits<\/a><\/p><\/blockquote>\n<h2 style=\"text-align: justify;\">How to Apply?<\/h2>\n<p style=\"text-align: justify;\">If you have Demat account apply through ASBA facility provided by banks. It\u2019s the easiest way to apply and also avoids a lot of hassle in terms of KYC and paper work.<\/p>\n<blockquote>\n<p style=\"text-align: justify;\"><strong>Learn:\u00a0<\/strong><a href=\"http:\/\/www.apnaplan.com\/ipo-asba\/\">How to apply for NCD issues using ASBA?<\/a><\/p>\n<\/blockquote>\n<p style=\"text-align: justify;\">In case you don&#8217;t have Demat Account, you can download the <a href=\"http:\/\/www.fountainheadindia.in\/FormPrinting\/FrmPrinting.aspx?IsBond=1&amp;IsVisible=0\" target=\"_blank\" rel=\"noopener\">application form from company site or Financial Institutions<\/a> and submit to collection centers.<\/p>\n<h2 style=\"text-align: justify;\">Recommendation:<\/h2>\n<ol style=\"text-align: justify;\">\n<li>My recommendation is to<strong> invest some part of your Fixed Income investment in this NCD Issue<\/strong><\/li>\n<li>You should always <strong>have diversified portfolio<\/strong> be it fixed deposit, NCD or equity investment<\/li>\n<li>Its good idea to <strong>remain invested till maturity<\/strong> because liquidity on exchanges are low and hence you would get lower than market value<\/li>\n<\/ol>\n<p style=\"text-align: justify;\"><em><strong>If you plan to invest in this issue, do it early as most NCD issues are over-subscribed before the end date.<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Edelweiss Housing Finance Ltd, a housing finance company has come out with public issue of non-convertible debentures (NCD) offering up to 10% interest rate. The issue would open on July 8\u00a0and would close on July 27, 2016. Edelweiss Housing Finance NCD \u2013 Significant Points: Offer Period:\u00a0July 8 to July 27, 2016 Annual Interest Rates\u00a0for Retail [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[31,30,194],"tags":[3033,3034,3035],"uagb_featured_image_src":{"full":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-NCD-July-2016.png",574,324,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-NCD-July-2016-150x150.png",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-NCD-July-2016-300x169.png",300,169,true],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-NCD-July-2016.png",574,324,false],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-NCD-July-2016.png",574,324,false],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-NCD-July-2016.png",574,324,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-NCD-July-2016.png",574,324,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/07\/Edelweiss-Housing-Finance-NCD-July-2016.png",120,68,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":1,"uagb_excerpt":"Edelweiss Housing Finance Ltd, a housing finance company has come out with public issue of non-convertible debentures (NCD) offering up to 10% interest rate. The issue would open on July 8\u00a0and would close on July 27, 2016. Edelweiss Housing Finance NCD \u2013 Significant Points: Offer Period:\u00a0July 8 to July 27, 2016 Annual Interest Rates\u00a0for Retail&hellip;","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/7213"}],"collection":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/comments?post=7213"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/7213\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/7220"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=7213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=7213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=7213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}