Bonds - Wealth18.com

Sep112021 by wealth18.comNo Comments

10.47% Kosamattam Finance (KFL) NCD Sep 2021 – Details & Review

Bonds, Misc, NCD

Kosamattam Finance is looking to raise up to Rs 300 crore through secured redeemable non-convertible debentures (NCD) offering interest of 8.30% - 10.47% for different maturities. Kosamattam Finance (KFL) is a systemically important non-deposit taking NBFC primarily engaged in the Gold Loan business, lending money against the pledge of household jewellery ("Gold Loans") in the state of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, Maharashtra, Gujarat and Telangana along with the Union Territory of Puducherry. Key Features for Kosamattam Finance (KFL) NCD Issue Open Date 30 Aug 2021 Issue Closing Date 24 Sep 2021 Type of Instrument Secured redeemable NCDs Size of issue Rs 300 crores (Base size: Rs 150 crores) Minimum Investment 10 NCD (Rs 1000 per NCD) Max Inve...

Sep112021 by wealth18.comNo Comments

9.75% Indiabulls Housing Finance NCD Sep 2021 – Details & Review

Bonds, Misc, NCD

Indiabulls Housing Finance is looking to raise up to Rs 1,000 crore through secured / unsecured redeemable non-convertible debentures (NCD) offering interest of 8.75% - 9.75% for different maturities. Indiabulls Housing Finance is one of India’s largest housing finance companies and has assets under management (AUM) of ₹79,213 crore with more than one million customers as of 30 June 2021. Key Features for Indiabulls Housing Finance NCD Issue Open Date Sep 6 2021 Issue Closing Date Sep 20 2021 Type of Instrument Secured redeemable NCDs Unsecured, subordinated, redeemable NCD Size of issue Rs 1000 crores (Base size: Rs 200 crores) Minimum Investment 10 NCD (Rs 1000 per NCD) Max Investment N/A Listing BSE, NSE Credit Rating CRISIL AA / Stable by CRISIL Ratings and B...

Jan32020 by wealth18.comNo Comments

9.10% Shriram Transport Finance (STFC) NCD Jan 2020 – Details & Review

Bonds

Shriram Transport Finance Company Ltd (STFC) is looking to raise up to Rs 1,000 crore through secured redeemable non-convertible debentures (NCD) offering interest of 8.52% - 9.1% for different maturities. This is the 2nd NCD issue for 2020 after Tata Capital Housing Finance NCD issue is also open now. Key Features for Shriram Transport Finance Company NCD Issue Open Date Jan 6, 2020 Issue Closing Date Jan 22, 2020 Type of Instrument Secured redeemable NCDs Size of issue Rs 1000 crores (Base size: Rs 200 crores) Minimum Investment 10 NCD (Rs 1000 per NCD) Max Investment Listing BSE, NSE Credit Rating CARE AA+ /Stable, IND AA+ /Stable, CARE AA+ /Stable Interest Monthly and Annual, Cumulative Allocation method First Come First Serve Basis NRI allowed? Not eligib...

Jan32020 by wealth18.comNo Comments

8.70% Tata Capital Housing Finance NCD Jan 2020 – Details & Review

Bonds

Tata Capital Housing Finance, a subsidiary of Tata Capital, is looking to raise up to Rs 2,000 crore through non-convertible debentures (NCD) offering interest of 8% - 8.7% for different maturities. Shriram Transport Finance Company has also open its NCD offer with interest upto 9.1%. Read the review. Key Features for Tata Capital Housing Finance NCD Issue Open Date Jan 7, 2020 Issue Closing Date Jan 17, 2020 Type of Instrument Secured redeemable NCDs and Unsecured redeemable NCDs Size of issue Rs 2000 crores (Base size: Rs 500 crores) Minimum Investment 10 NCD (Rs 1000 per NCD) Max Investment Listing BSE, NSE Credit Rating CRISIL AAA/ Stable, ICRA AAA/ stable Interest Monthly and Annual Allocation method First Come First Serve Basis NRI allowed? Not eligible ...

Mar192019 by wealth18.comNo Comments

HDFC PPF Account: How to Open Account Online, Transfer Money, Check Balance

Bonds

PPF is a risk-free and tax-free investment product that provides reasonably good returns. You can open a PPF account either directly through a post office or through a bank. Opening a PPF Account with a bank is lot more convenient than through a Post Office. This is because a PPF Account with a bank facilitates online funds transfer from your savings account to your PPF account. Read my other Post on -Why Should you invest in PPF In this post, I will be explaining the steps for opening PPF Account online at the HDFC Bank What are the conditions to open a PPF account online at HDFC Bank? For opening PPF account online, you need to meet following conditions: You must be an HDFC Bank savings account holder. You must have net-banking/ mobile banking enabled for your accou...

May212018 by wealth18.comNo Comments

9.1% Dewan Housing Finance (DHFL) NCD Issue May 2018 – Details & Review

Bonds

Dewan Housing Finance is opening its public issue of NCDs on 22nd May 2018. This NCD issue is offering yield upto 9.10% and have 7 different investment options. Last 2 issues from DHFL in 2016 were over-subscribed on the first day itself. In this post, I am trying to put details around how good this DHFL NCD is ? What are the postive and negative factors of Dewan Housing Finance NCD? Who should invest in Dewan Housing Finance NCD? Key Features of Dewan Housing Finance (DHFL) NCD NCD Issue Open: 22- May-2018 NCD Issue Closing date: 4-June-2018 (but expected to subscribe early - Last 2 issues from DHFL in 2016 were over-subscribed on the first day itself.) Type of Instrument: Secured Redeemable Non-convertible debentures (NCD) for 3 - 10 years Size of Issue: Ba...

May32017 by wealth18.comNo Comments

Inv-IT – Meaning, Details & Review (Infrastructure Investment Trusts)

Bonds

If you are wondering what is Inv-IT or what is the meaning of Inv-IT, then this post should clarify some of these things: What are Inv-IT (Infrastructure Investment Trusts)? Infrastructure Investment Trusts (InvITs) are similar to mutual fund companies that allow pooling the infrastructure projects into separate trust and allow investors to invest in the units of InvITs. Investors will get the portion of income from such infrastructure assets. Regulations InvITs are regulatedby SEBI in India. SEBI notified SEBI (Infrastructure Investment Trusts) Regulations, 2014 on September 26, 2014, providing for registration and regulation of InvITs in India. Structure: InvITs are set up as a trust and registered with SEBI. An InvIT has 4 parties - Trustee, Sponsor(s) , Investment Manager and Projec...

Jan172017 by wealth18.comNo Comments

9.25% Muthoot Finance NCD Issue Jan 2017 – Details & Review

Bonds

Muthoot Finance has opened its public issue of NCDs on 17th Jan 2017. This NCD issue is offering yield upto 9.25% and have 11 different investment options. Latest NCD issue of Reliance Home Finance (22nd Dec 2016) was over-subscribed 3 times the issue size on day one itself. NCD issue of SREI Equipment finance was subscribed in 4 days only. In this post, I am trying to put details around how good this Muthoot Finance NCD is ? What are the postive and negative factors of Muthoot Finance NCD? Who should invest in Muthoot Finance NCD? Key Features of Muthoot Finance NCD NCD Issue Open: 17-Jan-2017 NCD Issue Closing date: 17-Feb- 2017 (but expected to subscribe early) Type of Instrument: Secured redeemable non-convertible debentures (NCD) for 18-60 months, Unsecured for 96 months....

Jan32017 by wealth18.comNo Comments

9.75% SREI Equipment Finance NCD Issue Jan 2017 – Details & Review

Bonds

SREI Equipment Finance will open its public issue of NCDs on 3rd Jan 2017 & it closes on 20th Jan 2017. This NCD issue is offering yield upto 9.7% and have 7 different investment options. Latest NCD issue of Reliance Home Finance (22nd Dec 2016) was over-subscribed 3 times the issue size on day one itself. In this post, I am trying to put details around how good this SREI Equipment Finance NCD is ? What are the postive and negative factors of SREI Equipment Finance NCD? Who should invest in SREI Equipment Finance NCD? Key Features of SREI Equipment Finance NCD NCD Issue Open: 3-Jan-2017 NCD Issue Closing date: 20-Jan 2017 Type of Instrument: Secured redeemable non-convertible debentures (NCD) for 3 & 5 years Size of Issue: Rs. 250 crores with a green-shoe option of an...

Dec202016 by wealth18.comNo Comments

9.4 % Reliance Home Finance NCD Issue Dec 2016 – Details & Review

Bonds

Update: Reliance Home Finance NCD is oversubscribed 3 times on the opening day. Seeing the overwhelming response, the issue will be closed on Friday instead of the scheduled date of January 6. Reliance Home Finance will open its public issue of NCDs on 22nd Dec 2016 & it closes on 6th Jan 2017. This NCD issue is offering yield upto 9.4% and have 4 different investment options. In this post, I am trying to put details around how good this Reliance Home Finance NCD is ? What are the postive and negative factors of Reliance Home Finance NCD? Who should invest in Reliance Home Finance NCD? Key Features of Reliance Home Finance NCD NCD Issue Open: 22 Dec 2016 NCD Issue Closing date: 6 Jan 2017 (now closed on 23-Dec because fo oversubscription) Type of Instrument: Se...