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NCD's / Corporate Bonds / Fixed Deposits Message Board (India)

Bonds (Corporate Bonds) are issued by private or public sector companies to raise money from the market. Bonds are for long term investment with minimum investment period of a year. Bonds are generally listed in NSE and BSE.

Government or public sector bonds are considered as low risk investment option when compared to bonds issued by private sector companies in India. That's the reason many a times bond issued by private sector companies receives higher yield.

This Bond and Fixed Deposit Message Board provides latest updates to investors and let them share their views to the forum boarders.

Also visit: Current NCD's / Bond's in India

 

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62. sameerjaipur  Jun 22, 2011 12:14:59 PM IST Reply
sriram transport ncd
How much time will it take to list in exchanges? I suppose our capital will be blocked for a month or so if we apply.
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61. RAHUL KOTHARI  Jun 21, 2011 5:46:23 PM IST Reply
STFC
PLEASE ANY ONE KNOW ABOUT GRAY MARKET PRIMIUM AND COMMISSION RATE
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61.1. SUPERIPO  Jun 23, 2011 11:28:45 AM IST
STFC
STFC'S GMP WAS 2700 ON 1 LAC APPLICATION.
14000 ON 5 LAC APPLICATION.
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60. keyur patel  Jun 21, 2011 5:23:02 PM IST Reply
SHREE RAM
WHAT IS GREY MARKET PREMIUM OF SHREE RAM NCD

WITH COMMISSION AND INTEREST IN AHMEDABAD?

PLZ DISPLAY....
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59. GOOD BROKER  Jun 21, 2011 9:01:21 AM IST Reply

think of less interest you get back your capital back more interest will be non return of capital and court cases capitail will be back after 10years but non convertable cannot be challanged in court
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58. Jain vivek  Jun 19, 2011 4:59:44 PM IST Reply
shriram ncd
These bonds are a bit ill liquid. Not much transaction on nse.Please comment!
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58.1. vas nat  Jun 20, 2011 1:50:52 PM IST
shriram ncd
The near comparable is NC bond of ShriRam @10.5% Annual interest trading @ Rs.990/- which has some liquidity. Deducting interest for 3 months (March 16 - June 20) which amounts to Rs.26.25/-, the yield is 11.44%.

For this yield of 11.44% the new NCD of 11.6% would trade around Rs.1006/- which is 0.6% gain. The over subscription and market hype around listing date may add another 0.5%-1% max. But markets falling like this would only eat away even this small premium since investors would be shifting their funds to more risk free options.
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57. NAVIN JAISWAL  Jun 18, 2011 8:25:02 PM IST Reply

Public Issue by Shriram Transport Finance Company Limited, ("Company" or "Issuer") of Secured Non-Convertible Debentures of face value of Rs.1,000 each, WILL BE LISTED IN NSE
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56. Sharemahaguru  Jun 18, 2011 5:50:30 PM IST Reply
ncd
SHRIRAM TRANSPORT NCD-11.% is trading at 1020 at nse. So there is chance of listing gain of 2-4 %
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55. Santosh.  Jun 18, 2011 4:17:03 PM IST Reply

Public Issue by Shriram Transport Finance Company Limited, ("Company" or "Issuer") of Secured Non-Convertible Debentures of face value of Rs.1,000 each,
("NCDs"), aggregating upto Rs.50,000 lacs with an option to retain over-subscription upto Rs.50,000 lacs for issuance of additional NCDs aggregating to a total of upto Rs.1,00,000 lacs, hereinafter referred to as the "Issue".

CREDIT RATING
'AA/Stable' by CRISIL - indicates high degree of safety with regard to timely payment of interest and principal on the NCDs.
'CARE AA+' by CARE - indicates high safety for timely servicing of debt obligations

Issue Opens On: 27 June 2011 Closes On: 9 July 2011

Allocation on First cum First Serve Basis
Security : Secured Bonds
NCD Option
Option 1
Option 2
Tenor (Months)
60
36
Interest Payment
Annual
Annual
Face Value
1,000
1,000
Coupon Rate %


QIB / NII
11.10%
11.00%
Individual applying above 5Lacs
11.35%
11.10%
Individual applying upto 5Lacs
11.60%
11.35%
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55.1. dfdfdfddf dfdf  Jun 18, 2011 5:36:55 PM IST
sriram NCDs
will these NCDs would be listed on NSE/BSE and traded.???
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54. Jain vivek  Jun 18, 2011 3:30:50 PM IST Reply
shriram transport ncd
Issue Opens On: 27 June 2011 Closes On: 9 July 2011


Allocation on First cum First Serve Basis
Security : Secured Bonds
NCD Option Option 1 Option 2
Tenor (Months) 60 36
Interest Payment Annual Annual
Face Value 1,000 1,000
Coupon Rate %


QIB / NII 11.10% 11.00%
Individual applying above 5Lacs 11.35% 11.10%
Individual applying upto 5Lacs 11.60% 11.35%
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54.1. dfdfdfddf dfdf  Jun 18, 2011 4:14:27 PM IST
shriram transport ncd
Can anybody update, whether Sriram NCDs would be listed at BSE/NSE and traded.???
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53. preetparesh  Jun 17, 2011 4:24:12 PM IST Reply

Category of investors
Category I Category II Category III
Particulars
Institutional Portion Non-Institutional
Portion
Reserved
Individual
Portion
Unreserved
Individual
Portion
Up to 10% of issue size Up to 10% of issue size Up to 40% of
issue size
Up to 40% of
issue size
Reservation for each
category Rs. 100 Crores for allotment
to QIB assuming Issue size of
Rs.1,000 Crores
Rs.100 Crores for allotment to
NII assuming Issue size of
Rs.1,000 Crores
Rs. 400 Crores for allotment to Reserved
Individual Portion & Rs. 400 crore for
Reserved + Unreserved Individual portion
assuming Issue size of Rs.1,000 Crores
�� Public Financial
Institutions, Statutory
Corporations,
Commercial Banks, Cooperative
Banks and
Regional Rural Banks,
which are authorised
to invest in the NCDs;
�� Companies, Bodies
Corporate Societies &
Trusts registered under
the applicable laws in
India and authorized to
invest in NCDs;
�� Resident Indian individuals;
�� Provident Fund,
Pension Funds,
Superannuation Fund
and Gratuity Fund,
which are authorised
to invest in the NCDs;
�� Public / Private
Charitable / religious
Trusts which are
authorised to invest in
the NCDs
�� Hindu Undivided Families (HUFs)
through the Karta;
�� Venture Capital fund
registered with SEBI;
�� Scientific and/or
Industrial Research
Organisation, which
are authorised to invest
in the NCDs;
�� Insurance Company
registered with the
IRDA;
�� Partnership firms in
the name of the partner
�� National Investment
Fund;
Who can Apply
�� Mutual Funds.
�� Limited Liability
Partnerships formed
and registered under
the provisions of the
Limited Liability
Partnership Act, 2008
Who cannot apply
�� Minors without a guardian name
�� Non Residents
�� Non Resident Indians (NRIs)
�� Foreign Institutional Investors
�� Overseas Corporate Bodies
* 40% of the aggregate face value of all NCDs shall in the first instance be available for allotment on first come first serve

Also visit: Current NCD's / Bond's in India

 

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