Muthoot FinCorp NCD opens for subscription. Effective yield up to 9.75%Muthoot FinCorp plans to raise Rs 300 crore through XVI Tranche III series, which will close on January 25, a release said. The secured NCD...
12 Jan, 2024, 07.42 PM IST
SBI buys Rs 200 cr worth NCDs of Muthoot FincorpShaji Varghese, CEO of the company said the proceeds from the NCD issue will be utilised for onward lending, business operations and furthe...
26 Dec, 2023, 03.21 PM IST
Muthoot Fincorp plans NCD issue to raise Rs 400 crore"The Tranche I Issue with a face value of ₹1,000 has been open to the public from Friday, September 1 till Thursday, September 14, 2023, su...
05 Sep, 2023, 06.12 AM IST
Muthoot FinCorp announces 16th series of NCDs, offering up to 9.43% yield per annumThrough the issue, the company plans to raise an amount aggregating up to Rs 400 crore, which is within the shelf limit of Rs 1,100 crore.
04 Sep, 2023, 07.18 PM IST
Fund raising via NCDs drops 29% in FY21 on decline in credit ratingsGoing forward, experts say, the ongoing financial year (2021-22) will see some attractive numbers in non-convertible debenture (NCD) fund r...
13 Apr, 2021, 08.42 PM IST
Muthoot Fincorp looks to raise up to Rs 480 crore via bond issue opening ThursdayThe base issue size for secured redeemable non-convertible debentures is Rs 250 crore
08 Jan, 2020, 03.33 PM IST
- Muthoot Fincorp, Manappuram NCDs don’t look very attractive, say experts
Financial planners believe there are better options available in secondary market to scout for.
03 Oct, 2019, 10.44 AM IST
Muthoot Fincorp’s NCD issue to offer up to 11.03%The issue has received a credit rating of “BWR A+” with stable outlook by Brickwork Rating.
30 Sep, 2019, 01.51 PM IST
Fund raising via NCDs drops 67% in April-AugustIn terms of volume, there were 14 NCD issues in the first five months of 2019-20.
18 Sep, 2019, 09.43 PM IST
NCDs of these companies will fetch you higher yieldsWith attractive interest rates on offer, investors can lock into higher yields. However, they should ascertain the credit profile of the co...
08 Apr, 2019, 10.14 AM IST
Companies garner about Rs 15,000 crore via NCDs in FY'16Indian companies have raised close to Rs 15,000 crore through retail issuance of non-convertible debentures in the ongoing fiscal so far.
22 Dec, 2015, 04.18 PM IST
NCDs lose ground, funds at 6-year low in FY15Experts said fund raising via this tool has lost some of its sheen as companies have gone for QIPs and rights issues to garner capital.
17 Apr, 2015, 07.35 AM IST
Non-convertible debentures in secondary market yield moreInvestors looking to invest in non-convertible debentures (NCDs) through the primary market currently have three options available.
13 Sep, 2014, 06.08 AM IST
Muthoot Pappachan Group makes maiden public issue of non-convertible debenturesIts maiden NCD issue will have a face value of Rs 1,000 each aggregating up to Rs 100 cr, with an option to retain over subscription.
02 Jul, 2014, 10.08 PM IST
Muthoot Fincorp announces its first public issue of NCDsMaking its entry into debt capital market Muthoot Fincorp Limited announced launch of its maiden public issue of Secured, Redeemable Non-Co...
02 Jul, 2014, 05.39 PM IST
When cash taps dry up, NBFCs turn to nonconvertible debenturesMuthoot Finance was the first to announce the issue of NCDs of face value of Rs 1,000 each for Rs 150 crore with a green-shoe option for an...
20 Aug, 2013, 11.40 AM IST
- Gold loan firms setting up SRO as RBI tightens screws
Under the lens of the Reserve Bank, leading gold finance companies have decided to form a self-regulatory organisation.
17 Jun, 2012, 02.29 PM IST