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NCD Issue 2021

NCD issue means Non-Convertible Debenture public issue. NCD is a Secure and Redeemable Corporate Bond, a bond issued by a corporation to raise money from the capital market. Unlike equity shares, bondholders do not have any ownership interest in the company. They are also known as securities that do not have any equity element attached to it. NCD are tradable instruments. They are listed with major stock exchanges (BSE and NSE) in India.

When one buys a corporate bond, one lends money to the company. In exchange, the company promises to return the money on a specified maturity date along with a stated rate of interest.

Corporate bonds are debt securities. They are considered as a long-term investment option. The maturity period of these securities ranges from 1 year to 20 years.

The NCD issue process is similar to the IPO process. Investors apply for NCD shares through a broker. Based on the subscription, they receive the number of NCD shares. The NCD's are credited to the demat account and the money gets deducted from the trading/bank account.

<< Year 2020	2021

NCD Issues Open in India 2021

Company Name	Issue Open	Issue Close	Issue Size - Base (Rs Cr)	Issue Size - Shelf (Rs Cr)	Rating
India Grid Trust	Apr 28, 2021	Apr 30, 2021	100	900	This Issue have been rated ‘CRISIL AAA/Stable’ by CRISIL Ratings Limited and ‘IND AAA/Stable’ by India Ratings and Research Private Limited.
Muthoot Fincorp Limited	Apr 07, 2021	Apr 29, 2021	200	200	The NCDs have been rated “A+ (Stable)” by CRISIL Limited
Muthoot Finance Limited	Apr 08, 2021	Apr 12, 2021	100	1600	The NCDs have been rated ‘[ICRA] AA+/ “Stable” by ICRA and “CRISIL AA+/Stable” by CRISIL
Edelweiss Financial Services Limited	Apr 01, 2021	Apr 23, 2021	200	200	‘Acuite AA’: (Outlook: Negative) by Acuite Ratings & Research Limited and “BWR AA-/Stable (Assigned)" by Brickwork Ratings India Private Limited
Kosamattam Finance Limited	Mar 30, 2021	Apr 23, 2021	175	175	'BWR BBB+' - Outlook Stable, by Brickwork Ratings India Private Limited
Muthoottu Mini Financiers Limited	Mar 30, 2021	Apr 23, 2021	125	125	‘IND BBB’: Outlook Stable’ by India Ratings
IIFL Finance Limited	Mar 03, 2021	Mar 18, 2021	100	900	The NCDs have been rated CRISIL AA/Negative by CRISIL Limited BWR AA+/ Negative by Brickworks Ratings India Private Limited.
Muthoot Fincorp Limited	Feb 18, 2021	Mar 09, 2021	150	150	The NCDs have been rated 'A (Stable)' by CRISIL Limited
Power Finance Corporation Limited	Jan 15, 2021	Jan 18, 2021	500	4500	‘CARE AAA; Stable’ by CARE; ‘CRISIL AAA / Stable’ by CRISIL; and ‘[ICRA]AAA(Stable)’ by ICRA.
Muthoottu Mini Financiers Limited	Jan 13, 2021	Feb 09, 2021	125	125	‘IND BBB’ : Outlook Stable for Secured and Unsecured Redeemable Non-Convertible Debentures

<< Year 2020	2021

Note:

NCD Issue full form is Non-Convertible Debenture public issue. They are corporate bonds with fixed interest and tenures. NCD's are similar to bank FD.
NCD public issue is similar to an IPO.
NCD's are tradable instruments. Investors can buy/sell in the stock exchange similar to equity shares even before the maturity date arrives.
An investor can hold NCD in demat as well as paper certificates.

9 Comments

9. Saurabh M Mar 4, 2021 18:50

What is the best website to search for NCD/Bonds listed on NSE/BSE for purchasing from the secondary market?

9.1. Karthik Mar 4, 2021 18:58

Whether it's possible to buy a huge lot?

Whether the face value minimum of 1000 per NCD gets reduced during maturity?

9.2. Jagdish Mohan Kate Jun 12, 2021 09:27

How will I get updates of new ncd

8. Srinivasan May 7, 2021 15:17

Is the interest received for the amount invested in NCD in demat form is taxable??
Pl reply.

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8.2. mani sundarrajan May 18, 2021 10:36

taxable but not deductable but for every other interest we have to gie 15G or 15H. in debenture having in demat form is non deductible.

8.3. Sandip Routh May 23, 2021 18:00

Yes it is taxable. But no tds applicable for demat holding.

7. harshil Apr 16, 2021 12:02

How do you guys apply for NCDs?

I have checked ASBA on HDFC bank & BOB - Can't see the NCDs - only rights issue can be seen.

Thanks in advance

7.1. Abhijit Soman Apr 21, 2021 14:52

You have to visit website of the NCD company, for example, Muthoot finance or whichever NCD you are interested in. You must contact that company on phone and ask them to send the application form on your email. You have to print that form, sign and send back to that company by post/courier.
Now a days you cannot apply for NCD directly from your bank or broker.
Alternately, you can download the application form from the internet and fill it, sign it and visit renowned bank like govt. bank or HDFC etc. where you have account with and sit with the bank official and get the form registered by them physically.
It is better to contact the company directly. In case of Metro cities, where the company has branch office in your city, you can contact branch and they will happily assist you fully for NCD investment in their company.

7.2. AK Apr 22, 2021 20:01

NCDs are available through ASBA channel of State Bank of India.

6. Karthik Mar 4, 2021 17:57

Anyone know why my NSDL statement says the NCD ISIN INE549K07881 is suspended public offer. What does this mean?

5. DRT Jan 9, 2021 11:18

Can anyone highlight the status of Srei equipment and finance NCD?

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5.5. Karthik Mar 1, 2021 18:15

Is it the SREI or Muthoot Fincorp?

5.6. RAJIVE KUMAR JAIN Mar 4, 2021 08:57

As per NCLT court, interest payment is deffered for 6 month and redemption by 2 years

4. KARTHIKEYAN SOMASUNDARAM Feb 26, 2021 21:56

Anyone know why my NSDL statement says the NCD ISIN INE549K07881 is suspended. What does this mean?

3. KARTHIKEYAN SOMASUNDARAM Feb 25, 2021 05:44

Anyone know why my NSDL statement says the NCD ISIN INE549K07881 is suspended. What does this mean?

2. Soumya Feb 7, 2021 16:26

Ihave missed both ncd of 21, upcoming AAA ncd please

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2.2. Navkant Feb 9, 2021 03:29

Muthootu Mini is closing tomorrow and you can still get it as the sub in below 2X.

2.3. SunnySe Feb 13, 2021 20:36

Brother you can easily buy NCD from Secondary Market because they are listed

1. ASHWANI KUMAR SHARMA Jan 25, 2021 18:42

Is these ncd is tax saving bond 80ccf

1.1. Sandip Routh Jan 31, 2021 11:49

Not a single one. All are taxable.

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