Incorporated in 1997, Muthoot Fincorp Limited is a non-deposit taking NBFC. The company is primarily engaged in the business of offering personal and business loans which are secured by gold ornaments and jewellery. The gold loan product is available for personal and business purposes to meet short-term liquidity requirements of the individuals. Currently, Company operates 3541 branches located across 20 states, including union territory of Andaman and Nicobar Islands and the national capital territory of Delhi and employed 16,025 employees including 255 contracted experts in its operations. Some of the…
Read MoreCategory: NCD
NCD stands for non-convertible debentures. NCD’s are fixed income instruments. NCD are used as a tool to rise long term fund by companies though a public issue. NCDs offer various other benefits to the owner such as high liquidity through stock market listing, tax exemptions at source and safety since they can be issued by companies which have a good credit rating as specified in the norms laid down by RBI for the issue of NCDs. In India, usually these have to be issued of a minimum maturity of 90 days.
Muthoot Fincorp Ltd NCD
Incorporated in 1997, Muthoot Fincorp Limited is a non-deposit taking NBFC. The company is primarily engaged in the business of offering personal and business loans which are secured by gold ornaments and jewellery. The gold loan product is available for personal and business purposes to meet short-term liquidity requirements of the individuals. Some of the Gold Loan products offered by the company are: Muthoot Blue Guide Gold loan Muthoot Blue Bright Gold loan Muthoot Blue Power Gold loan Muthoot Blue Bigg Gold loan Muthoot Blue Smart Gold loan 24×7 Express…
Read MoreMuthoottu Mini Financiers Ltd NCD
Incorporated in 1998, Kerala based Muthoottu Mini Financiers Limited is a non-deposit taking systemically important NBFC. The company is engaged in the gold loan sector lending money against gold jewelry (“Gold Loans”). It operates in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Haryana, Maharashtra, Delhi and Goa and the union territory of Puducherry. The company has recently started microfinance lending wherein it provides unsecured loans to joint liability group of women customers (minimum of 5 persons) who need funds to carry out their business. In addition to…
Read MoreKLM Axiva Finvest Ltd NCD
Incorporated in 1997, Hyderabad based KLM Axiva Finvest Limited is a non-deposit taking and non-systematically important non-banking finance company (NBFC). The company primarily serves low and middle-income individuals and businesses. Mainly their customers are businessmen, vendors, traders, farmers, salaried individuals and families. KLM operates primarily in 4 business verticals: Gold loan business, lending money against the pledge of household jewellery Micro, small and medium enterprises loan Personal loan and Microfinance loan to women customers. The company has established 125 branches across Kerala, Karnataka and Tamil Nadu. Competitive Strengths The diversified…
Read MoreKosamattam Finance Ltd NCD
Incorporated in 1987, Kerala based Kosamattam Finance Limited is a non-deposit taking NBFC and works as a gold loan provider against the household gold jewellery across some states in India. The company has a reach in Union Territory of Puducherry, Maharashtra, Delhi, Andhra Pradesh, Karnataka, Telangana, Gujarat, Tamil Nadu, and Kerala. Kosamattam Finance Limited is registered with RBI as an NBFC and also has a Full-Fledged Money Changers (FFMC) license valid till 29th Feb 2020. The company also holds a certificate of registration to work as a Depository Participant and…
Read MoreSakthi Finance Ltd NCD
Incorporated in 1955, Sakthi Finance Limited is an RBI registered deposit-taking NBFC engaged in commercial vehicle financing sector. Its operation activities come under section 45-IA of the Reserve Bank of India Act, 1934. The company is a part of the Sakthi Group, which is engaged in the business of transportation, dairy, auto components, co-generation, industrial alcohol, sugar, automobile distribution, and wind energy. As an asset finance company, the company concentrates on previously owned commercial vehicles. Apart from this, it also helps the customers by providing financing services on buying infrastructure…
Read MoreJM Financial Products Ltd NCD
Incorporated in 1984 under the brand name JM Financial, JM Financial Products Limited is a Non – Deposit Taking NBFC authorized by RBI. The company is engaged in providing financial services mainly in the area of vehicle leasing and lease syndication. The company offers a gamut of financial services through participation in securities lending, distribution, issuance, and syndication.Products: Products: Based on customer needs, the company offers secured and unsecured loans. The company principally works in the area of four asset classes which are fixed income division (real estate financing), fixed…
Read MoreEdelweiss Finance & Investments Ltd NCD
Incorporated in 1994, Mumbai based Edelweiss Finance & Investment Ltd (EFIL) is a non-banking financial institution which doesn’t accept public deposits. The company is a part of the Edelweiss Group, one of India’s prominent financial services organization. The company is focused on offering a wide range of products including capital market advisory services, asset management, asset reconstruction, loans against securities, and IPO financing. The company’s product portfolio includes- Loans against securities Margin trade financing IPO financing EFIL NCD Jan 2020 Detail Issue Open Jan 23, 2020 – Jan 31, 2020…
Read MoreMuthoottu Mini Financiers Ltd NCD
Incorporated in 1998, Kerala based Muthoottu Mini Financiers Limited is a non-deposit taking systemically important NBFC. The company is engaged in the gold loan sector lending money against gold jewelry (“Gold Loans”). It operates in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Haryana, Maharashtra, Delhi and Goa and the union territory of Puducherry. The company has recently started microfinance lending wherein it provides unsecured loans to joint liability group of women customers (minimum of 5 persons) who need funds to carry out their business. In addition to…
Read MoreMuthoot Fincorp Limited NCD
Incorporated in 1997, Muthoot Fincorp Limited is a non-deposit taking NBFC. The company is primarily engaged in the business of offering personal and business loans which are secured by gold ornaments and jewellery. The gold loan product is available for personal and business purposes to meet short-term liquidity requirements of the individuals. Some of the Gold Loan products offered by the company are: Muthoot Blue Guide Gold loanMuthoot Blue Bright Gold loanMuthoot Blue Power Gold loanMuthoot Blue Bigg Gold loanMuthoot Blue Smart Gold loan24×7 Express Gold loanFor FY2019, FY2018 and…
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