NCD Issue Price is the price at which a Non-Convertible Debenture is offered to investors during its public issue.
NCD Issue Price refers to the price at which a Non-Convertible Debenture (NCD) is offered to investors during its public issue.
In simple terms, it is the amount investors pay to purchase one NCD at the time of issuance.
The issue price can be at par (equal to the face value, usually ₹1,000 per NCD), at a premium, or at a discount, depending on market conditions and the issuer’s decision.
It is mentioned in the offer document or prospectus of the NCD issue.
Example:
If an NCD has a face value of ₹1,000 and the company offers it at ₹1,000, then the issue price is ₹1,000 per NCD.
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