Non Convertible Debentures
NCDs are Fixed Income Instruments for Assured Returns. Non Convertible Debentures (NCDs) or Bonds are debt investments in which you lend money to a corporate or government entity that borrows the funds, for a specified period of time at a fixed interest rate.
Public Issue of Rated Secured and Unsecured, Redeemable Non-Convertible Debentures (“NCD”s).* 49 months secured NCDs cumulative option.
NCDs are suitable for
- Stable consistent
- return with least risk
- Consistent periodic return rather than lump sum return
- Low risk appetite
- Diversification of portfolio with debt instrument
Tenure of investment
Issue Size Rs.100Cr with an option to retain over-subscription up to Rs.100Cr Minimum Investment: Rs.10,000 and in multiples of Rs.1000
Specific Terms of Issue
|Options||Tenor (Months)||Coupon Rate (%) p.a.||Effective Yield (%) p.a.||Frequency of Interest Payment|
Disclaimer statement from the Issuer
The Issuer accepts no responsibility for statements made other than in the Prospectus issued by our Company in connection with the issue of the NCDs and anyone placing reliance on any other source of information would be doing so at his / her own risk.
Disclaimer Clause of the RBI
The company is having a valid certificate of registration dated April 17, 2007 bearing registration no. 07-00252 issued by the reserve bank of India under section 45-ia of the Reserve Bank of India Act, 1934. However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of Deposits/ Discharge of liability by the company.
Disclaimer Clause of BSE
It is to be distintly understood that the permission given by BSE Limited should not in any way be deemed or construed that the Prospectus has been cleared or approved by BSE Limited not does it certify the correctness or completeness of any of the contents of the Prospectus. The investors are advised to refer to the Prospectus for the full text of the Disclaimer clause of the BSE Limited.
Disclaimer Clause of ICRA Limited
ICRA ratings should not be treated as recommendation to buy,sell or hold the rated debt instruments. ICRA ratings are subject to a process of surveillance, which may lead to revisio in ratings. An ICRA rating is a symbolic indicator of ICRA’s current opinion on the relative capability of the issuer concerned to timely service dents and obligations, with reference to the instrument rated. Please visit our website www.icra.in or contact any ICRA office for the latest information on ICRA ratings outstanding. All information contained herein has been obtained by ICRA from sources believed by it to be accurate and reliable, including the rated issuer. ICRA however has not conducted any audit of the rated issuer or of the information provided by it. While reasonable care has been taken to ensure that the infomation herein is true, such information is provided ‘as is’ without any warranty of any kind and ICRA in particular, makes no representation or warranty, express or implied, as to the accuracy, timeliness or completeness of any such information. Also, ICRA or any of its group companies may have provided services other than rating to the issuer rated. All information contained herein must be construed solely as statements of opinion and ICRA shall not be liable for any lossed incurred by users from any use of this publication or its contents.
The Vision of the company is to partner in the progress of all its customers ensuring that we provide to them end-to-end services and solutions related to their vehicles and become their most preferred financier.