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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
IIFL Finance Limited	Sep 27, 2021	Oct 18, 2021	100	900	CRISIL AA/Stable by CRISIL and BWR AA+/ Negative by Brickworks
Indel Money Limited	Sep 23, 2021	Oct 18, 2021	75	75	‘"CRISIL BBB/Stable" by CRISIL Ratings
JM Financial Products Limited	Sep 23, 2021	Oct 14, 2021	100	400	ICRA AA/Stable and CRISIL AA/Stable
Indiabulls Housing Finance Limited	Sep 06, 2021	Sep 20, 2021	200	800	“CRISIL AA/Stable” by CRISIL Ratings and “BWR AA+ /Negative” by Brickwork Ratings
Kosamattam Finance Limited	Aug 30, 2021	Sep 24, 2021	150	150	'BWR BBB+' - Outlook Stable, by Brickwork Ratings
Muthoottu Mini Financiers Ltd	Aug 18, 2021	Sep 09, 2021	125	125	CARE BBB+ Stable (Triple B Plus; Outlook: Stable)
Edelweiss Financial Services Ltd	Aug 17, 2021	Sep 06, 2021	200	200	Acuite AA (Outlook: Negative), [ICRA] A+ (Negative)
Piramal Capital & Housing Finance Limited	Jul 12, 2021	Jul 19, 2021	200	800	CARE AA, ICRA AA with outlook (Negative)
IIFL Home Finance Ltd	Jul 06, 2021	Jul 28, 2021	100	900	CRISIL AA/Stable, BWR AA+/ Negative
KLM Axiva Finvest Limited	Jul 05, 2021	Jul 26, 2021	100	50	CARE BB+; Stable (Double BB plus; Outlook: Stable)
Sakthi Finance Limited	Jun 29, 2021	Jul 23, 2021	100	100	[ICRA] BBB (Stable)
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.

19 Comments

19. KK Sep 17, 2021 11:49

Suggestion to admin: Kindly update the ISIN details along with BSE/NSE scrip codes for NCDs upon listing for easy understanding.

18. Anima Basak Sep 3, 2021 01:39

When will srei infra or srei instrument debenture start paying interest? Can't understand what is going on?

17. KK Aug 17, 2021 10:19

Whether SBI is offering ASBA Facility for Edelweiss Financial Services Limited NCD opening on 17.08.2021?

17.1. Shibu Aug 18, 2021 14:45

Yes, it is available in SBI from today.

17.2. Hans Raj Minhas Aug 27, 2021 20:37

Is Indian post office also giving this facility?

16. Madhav Rao Jul 4, 2021 12:35

Upcoming Secured NCD in Aug/Sept/Oct 2021

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16.3. Gattupalli Ranganatham Varadharajan Aug 14, 2021 19:07

Intimate upcomming ng issues of NCD s with AAA rating

16.4. Mohamed Aug 15, 2021 10:52

What is the interest rate offered for the upcoming NCDs?

15. kumar sunil kumar Aug 13, 2021 20:32

Is there any ncd open august 2021

14. inkR Jul 15, 2021 19:52

Hello,
I got allotment for NCD Debt IPO - India Grid InVIT and Muthoot FIn corp.

Where to track the NCD Debt IPO and how to redeem it?
Does it get automatically get credit to bank account after the term ends

14.1. JIGYASU Aug 1, 2021 20:20

yes in routine u will get payment of ncd in your bank account automatically on maturity date

14.2. Thamaraiselvam G Aug 12, 2021 15:58

You may find the details in ur demat account.every month the statement has received to your registered mail id.
By
Branch Manager
VADALUR BRANCH

13. J v v s Prasad Jul 9, 2021 08:38

Iffl NCD bonds issue done type unsecured bonds ricsk non risk please tell me sir

13.1. Scrip Jul 12, 2021 20:39

Unsecured loans are quite risky. beside that tenor is also a concern as it is for 87 months which is a very long time period.
One can invest depending on its risk appetite.

12. J v v s Prasad Jul 9, 2021 08:36

Iffl NCD bonds issue done type unsecured bonds ricsk non risk please tell me sir

11. J v v s Prasad Jul 9, 2021 08:35

Iffl NCD bonds issue done type unsecured bonds ricsk non risk please tell me sir

10. Karthik Jun 30, 2021 22:21

Sakthi Fin NCD BBB rating open Jun 29 to Jul 23

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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