| Company Name | NCD Dates | Min. Price Range | Rating | RHP Docs | IPO Status |
|---|---|---|---|---|---|
| INDIABULLS HOUSING FINANCE LIMITED | 6-20 Sept | ₹1000 | CRISIL AA/Stable | ON NSE | Open |
NCD FAQs
What is NCD?
NCD stands for Non-Convertible Debentures. It is a type of debt instrument that cannot be converted into equity shares. NCDs are issued by companies to raise money from the capital market. They are similar to corporate bonds with fixed interest and tenures.
What is the difference between bonds and debentures?
Bonds and debentures are both debt instruments issued by companies or governments to raise capital. The main difference between bonds and debentures is that bonds are secured by collateral, while debentures are not. Bonds are backed by physical assets, while debentures are backed solely by the full faith and credit of the issuer. Here are some key differences between NCDs and Bonds in table form:
How can I invest in an NCD?
You can invest in NCDs through ASBA or UPI. You can apply for NCD when it opens in the market and apply via your ASBA or UPI as you apply for IPOs. You can also invest in NCDs when the company announces them or buy them after they trade on the secondary market.
What are the main factors to consider when choosing an NCD?
• The interest rate: The interest rate is the most important factor to consider, as it will determine your return on investment.
• The tenure: The tenure is the length of time for which you will invest in the NCD. Longer tenures typically offer higher interest rates, but you will also have to lock in your money for a longer period of time.
• The credit rating: The credit rating of the company issuing the NCD is an indication of its financial health. A higher credit rating means that the company is less likely to default on its payments.
• The liquidity: The liquidity of the NCD is the ease with which you can sell it if you need to. NCDs that are listed on a stock exchange are more liquid than those that are not.What are the potential risks associated with NCDs?
When investing in NCDs, it is important to do your research and understand the risks involved. NCDs are debt instruments, so they are subject to default risk. You should also consider the credit rating of the issuing company before investing.