Category: 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.

Shriram Transport Finance Company Ltd NCD

January 2, 2020May 10, 2021 AMAN KUMAWAT

Incorporated in 1979, Shriram Transport Finance Company Ltd is a leading asset financing non-banking finance companies. The company caters to first-time buyers (“FTB”) and small road transport operators (“SRTOs”) in the organized sector in India. It provides financing for pre-owned commercial vehicles. In addition, it also provides finance for new commercial vehicles to commercial vehicle operators, thereby providing complete financing solutions to the road logistics industry in India. The company is a part of the Shriram group of companies, which has a strong presence in financial services in India. The…

Tata Capital Housing Finance Ltd NCD

January 2, 2020May 10, 2021 AMAN KUMAWAT

Incorporated in 2008, Tata Capital Housing Finance Ltd is a non-deposit taking housing finance company. It is a wholly owned subsidiary of Tata Capital Financial Services Limited (TCFSL) which provides a range of financial products to corporates and consumers. As on 30 Sept 2019, it has 88 branches across Tier I, Tier II and Tier III cities in India. The key focus areas of Tata Capital Housing Finance Ltd are: Affordable housing to Tier II and Tier III cities Leveraging the “Tata” brand Increasing alternate business channels Key Strengths Unified…

Muthoot Finance Ltd NCD

November 25, 2019May 10, 2021 AMAN KUMAWAT

Muthoot Finance Ltd (MFL) is the largest gold loan NBFC based on the loan portfolio in India. The company provides personal and business loans secured by gold jewellery or Gold Loans to individuals. Muthoot Finance is a ‘Systemically Important Non-deposit taking NBFC’ headquartered in the south Indian state of Kerala. In addition to Gold Loans, it provides money transfer services through their branches as sub-agents of various registered money transfer agencies and has commenced providing collection agency services. The company also operate three windmills in the state of Tamil Nadu.…

Kosamattam Finance Limited NCD

November 7, 2019May 10, 2021 AMAN KUMAWAT

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…

ECL Finance Limited NCD

October 31, 2019May 10, 2021 AMAN KUMAWAT

Incorporated in 2005, Mumbai based ECL Finance Limited is a leading systemically important non-deposit taking NBFCs. 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 secured corporate and retail loan products to corporates, SMEs and individuals. The company’s loan product portfolio includes- Structured Collateralised Credit Wholesale Mortgages SMEs and others Loans against securities Retail Mortgages Agri Credit ECL’s income from operations grew at a CAGR of 39.32% from Rs 8,122.76 million in 2014…