Friday, April 19News That Matters

Day: 6 July 2016

10% Edelweiss Housing Finance NCD Issue July 2016 – Details & Review

Bonds
Edelweiss Housing Finance Limited (EHFL) is opening its first public issue of NCDs on 8th July 2016 &  it closes on 27th July 2016. This NCD issue is offering  yield upto 10% and have 7  different investment options. In this post, I am trying to put details around how good Edelweiss Housing Finance NCD is ? What are the postive and negative factors of Edelweiss Housing Finance NCD? Who should invest in Edelweiss Housing Finance NCD?   Key Features of Edelweiss Housing Finance NCD NCD Issue Open: 8th July 2016 NCD Issue Closing date: 22nd July 2016 Type of Instrument: Secured redeemable non-convertible debentures (NCD) Size of Issue:  Rs. 250 crores with a green-shoe option of another Rs 250 crores Minimum & Maximum Investment: minimum 10 NCD of Rs 1000 each = Rs 100...