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.

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 TrustApr 28, 2021Apr 30, 2021100900This Issue have been rated ‘CRISIL AAA/Stable’ by CRISIL Ratings Limited and ‘IND AAA/Stable’ by India Ratings and Research Private Limited.
Muthoot Fincorp LimitedApr 07, 2021Apr 29, 2021200200The NCDs have been rated “A+ (Stable)” by CRISIL Limited
Muthoot Finance LimitedApr 08, 2021Apr 12, 20211001600The NCDs have been rated ‘[ICRA] AA+/ “Stable” by ICRA and “CRISIL AA+/Stable” by CRISIL
Edelweiss Financial Services LimitedApr 01, 2021Apr 23, 2021200200‘Acuite AA’: (Outlook: Negative) by Acuite Ratings & Research Limited and “BWR AA-/Stable (Assigned)" by Brickwork Ratings India Private Limited
Kosamattam Finance LimitedMar 30, 2021Apr 23, 2021175175'BWR BBB+' - Outlook Stable, by Brickwork Ratings India Private Limited
Muthoottu Mini Financiers LimitedMar 30, 2021Apr 23, 2021125125‘IND BBB’: Outlook Stable’ by India Ratings
IIFL Finance LimitedMar 03, 2021Mar 18, 2021100900The NCDs have been rated CRISIL AA/Negative by CRISIL Limited BWR AA+/ Negative by Brickworks Ratings India Private Limited.
Muthoot Fincorp LimitedFeb 18, 2021Mar 09, 2021150150The NCDs have been rated 'A (Stable)' by CRISIL Limited
Power Finance Corporation LimitedJan 15, 2021Jan 18, 20215004500‘CARE AAA; Stable’ by CARE; ‘CRISIL AAA / Stable’ by CRISIL; and ‘[ICRA]AAA(Stable)’ by ICRA.
Muthoottu Mini Financiers LimitedJan 13, 2021Feb 09, 2021125125‘IND BBB’ : Outlook Stable for Secured and Unsecured Redeemable Non-Convertible Debentures

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

Saurabh M
9. Saurabh M  Mar 4, 2021 18:50 I Like It. | Report Abuse Reply
What is the best website to search for NCD/Bonds listed on NSE/BSE for purchasing from the secondary market?
Karthik
9.1. Karthik  Mar 4, 2021 18:58 I Like It. | Report Abuse
Whether it's possible to buy a huge lot?

Whether the face value minimum of 1000 per NCD gets reduced during maturity?
Jagdish Mohan Kate
9.2. Jagdish Mohan Kate  Jun 12, 2021 09:27 I Like It. | Report Abuse
How will I get updates of new ncd
Srinivasan
8. Srinivasan  May 7, 2021 15:17 I Like It. | Report Abuse Reply
Is the interest received for the amount invested in NCD in demat form is taxable??
Pl reply.
mani sundarrajan
8.2. mani sundarrajan  May 18, 2021 10:36 I Like It. | Report Abuse
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.
Sandip Routh
8.3. Sandip Routh  May 23, 2021 18:00 I Like It. | Report Abuse
Yes it is taxable. But no tds applicable for demat holding.
harshil
7. harshil  Apr 16, 2021 12:02 I Like It. | Report Abuse Reply
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
Abhijit Soman
7.1. Abhijit Soman  Apr 21, 2021 14:52 I Like It. | Report Abuse
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.
AK
7.2. AK  Apr 22, 2021 20:01 I Like It. | Report Abuse
NCDs are available through ASBA channel of State Bank of India.
Karthik
6. Karthik  Mar 4, 2021 17:57 I Like It. | Report Abuse Reply
Anyone know why my NSDL statement says the NCD ISIN INE549K07881 is suspended public offer. What does this mean?
DRT
5. DRT  Jan 9, 2021 11:18 I Like It. | Report Abuse Reply
Can anyone highlight the status of Srei equipment and finance NCD?
Karthik
5.5. Karthik  Mar 1, 2021 18:15 I Like It. | Report Abuse
Is it the SREI or Muthoot Fincorp?
RAJIVE KUMAR JAIN
5.6. RAJIVE KUMAR JAIN  Mar 4, 2021 08:57 I Like It. | Report Abuse
As per NCLT court, interest payment is deffered for 6 month and redemption by 2 years
KARTHIKEYAN SOMASUNDARAM
4. KARTHIKEYAN SOMASUNDARAM  Feb 26, 2021 21:56 I Like It. | Report Abuse Reply
Anyone know why my NSDL statement says the NCD ISIN INE549K07881 is suspended. What does this mean?
KARTHIKEYAN SOMASUNDARAM
3. KARTHIKEYAN SOMASUNDARAM  Feb 25, 2021 05:44 I Like It. | Report Abuse Reply
Anyone know why my NSDL statement says the NCD ISIN INE549K07881 is suspended. What does this mean?
Soumya
2. Soumya  Feb 7, 2021 16:26 I Like It. | Report Abuse Reply
Ihave missed both ncd of 21, upcoming AAA ncd please
Navkant
2.2. Navkant  Feb 9, 2021 03:29 I Like It. | Report Abuse
Muthootu Mini is closing tomorrow and you can still get it as the sub in below 2X.
SunnySe
2.3. SunnySe  Feb 13, 2021 20:36 I Like It. | Report Abuse
Brother you can easily buy NCD from Secondary Market because they are listed
ASHWANI KUMAR SHARMA
1. ASHWANI KUMAR SHARMA  Jan 25, 2021 18:42 I Like It. | Report Abuse Reply
Is these ncd is tax saving bond 80ccf
Sandip Routh
1.1. Sandip Routh  Jan 31, 2021 11:49 I Like It. | Report Abuse
Not a single one. All are taxable.








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