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.

Edelweiss Finance & Investments Ltd NCD

January 19, 2020May 10, 2021 AMAN KUMAWAT

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…

Muthoottu Mini Financiers Ltd NCD

January 15, 2020May 10, 2021 AMAN KUMAWAT

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…

Muthoot Fincorp Limited NCD

January 5, 2020May 10, 2021 AMAN KUMAWAT

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…

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…