What does NCD stand for? NCD stands for Non-Convertible Debenture, which is issued by a company to raise capital from the market. Many Non-Banking Financial Companies (NBFCs) opt for NCDs and list them on both NSE and BSE.
Company | Open | Close | Size |
---|---|---|---|
Muthoot Fincorp Limited | 12-Jan-2024 | 25-Jan-2024 | ₹75 Cr. |
Edelweiss Financial Services Limited | 9-Jan-2024 | 22-Jan-2024 | ₹125 Cr. |
360 ONE Prime Limited | 11-Jan-2024 | 15-Jan-2024 | ₹1000 Cr. |
Muthoot Finance Limited | 8-Jan-2024 | 19-Jan-2024 | ₹100 Cr. |
Kosamattam Finance Limited | 1-Jan-2024 | 12-Jan-2024 | ₹100 Cr. |
Similar to IPOs, investors can invest in NCDs using the ASBA or UPI methods. To apply for NCDs, one can do so when the offering is open in the market, applying through ASBA or UPI, much like the process for IPOs. When an investor purchases NCDs or Bonds, they essentially lend money to the company. In return, the company provides a return based on the maturity amount on the maturity date, at a specified rate of interest. These corporate bonds are categorized as debt securities, and NCDs are often regarded as long-term investment options.
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