NCD issue list 2020 is explained in this post. 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 them. 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 NCDs are credited to the Demat account and the money gets deducted from the trading/bank account.
NCD Issues in 2020
| Company name | Issue open | Izsue close | Issue size-Base | Issue size-Shelf | Rating |
| Muthoot Fincorp Ltd | 31 Dec 2020 | 25 Jan 2021 | ₹ 200 | ₹ 200 | CRISIL A/ Stable |
| Edelweiss Financial Services Limited | 23 Dec 2020 | 04 Jan 2021 | ₹ 100 | ₹ 100 | |
| Kosamattam Finance Ltd | 23 Dec 2020 | 19 Jan 2021 | ₹ 175 | ₹ 175 | BWR BBB+/Stable |
| Muthoot Finance Ltd | 11 Dec 2020 | 05 Jan 2021 | ₹ 100 | ₹ 900 | “AA (Stable)” by ICRA and “AA/Positive” by CRISIL |
| Muthoottu Mini Financiers Ltd | 04 Nov 2020 | 18 Nov 2020 | ₹ 100 | ₹ 100 | ‘IND BBB’: Outlook Stable by India Ratings |
| Muthoot Finance Ltd | 27 Oct 2020 | 29 Oct 2020 | ₹ 100 | ₹ 1900 | “AA (Stable)” by ICRA and “AA/Positive” by CRISIL |
| Muthoot Fincorp Ltd | 28 Sep 2020 | 23 Oct 2020 | ₹ 200 | ₹ 200 | CRISIL A/ Stable |
| Kosamattam Finance Ltd | 16 Sep 2020 | 08 Oct 2020 | ₹ 150 | ₹ 150 | IND BBB/ Stable |
| Muthoottu Mini Financiers Ltd | 09 Sep 2020 | 24 Sep 2020 | ₹ 100 | ₹ 100 | IND BBB (Outlook Stable) by India Ratings |
| Muthoot Fincorp Ltd | 29 Jun 2020 | 13 Jul 2020 | ₹ 100 | ₹ 160 | CRISIL A/ Stable; BWR A +/ Stable |
| Muthoottu Mini Financiers Ltd | 03 Jun 2020 | 26 Jun 2020 | ₹ 100 | ₹ 200 | CARE BBB- /Stable |
| KLM Axiva Finvest Ltd | 02 Jun 2020 | 26 Jun 2020 | ₹ 100 | ₹ 125 | CARE BB+/ Stable |
| Kosamattam Finance Ltd | 19 Mar 2020 | 22 May 2020 | ₹ 150 | ₹ 300 | IND BBB/ Stable |
| Sakthi Finance Ltd | 13 Mar 2020 | 30 Apr 2020 | ₹ 100 | ₹ 200 | ICRA BBB/ Stable |
| Muthoot Vehicle & Asset Fin Ltd | 25 Feb 2020 | 11 Mar 2020 | ₹ 100 | ₹ 200 | CRISIL A/ Stable; CARE BBB+/ Stable |
| JM Financial Products Ltd | 13 Feb 2020 | 09 Mar 2020 | ₹ 100 | ₹ 2000 | ICRA AA/Stable, CRISIL AA/Stable |
| Edelweiss Finance & Investments Ltd | 23 Jan 2020 | 31 Jan 2020 | ₹ 125 | ₹ 250 | CRISIL AA-/ Stable; CARE AA-/ Stable |
| Muthoottu Mini Financiers Ltd | 20 Jan 2020 | 12 Feb 2020 | ₹ 100 | ₹ 200 | CARE BBB- /Stable |
| Muthoot Fincorp Limited | 09 Jan 2020 | 04 Feb 2020 | ₹ 250 | ₹ 480 | BWR A+ /Stable, CRISIL A/Stable |
| Tata Capital Housing Finance Ltd | 07 Jan 2020 | 08 Jan 2020 | ₹ 500 | ₹ 5000 | CRISIL AAA/ Stable, ICRA AAA/ stable |
| Shriram Transport Finance Company Ltd | 06 Jan 2020 | 22 Jan 2020 | ₹ 200 cr | ₹ 10000 cr | CARE AA+ /Stable, IND AA+ /Stable, CARE AA+ /Stable |
Final Thoughts
Non Convertible Debentures (NCD) is a better investment option for those who are looking for a diversified portfolio. investing in Muthoottu Mini Financiers NCD is purely your personal choice. make a good study and analysis before you make the investment. in this post, we discussed NCD Issue list 2020. I hope this post gave you an idea of NCD issues in 2020.
Happy Investing