Muthoot Finance Ltd. is part of flagship Muthoot group and is known as the largest gold financing company in the world. In addition to financing gold transactions, the company offers foreign exchange services, money transfers, wealth management services, travel and tourism services, and sells gold coins at Muthoot Finance Branches

👉🏻Period: Nov 29 to Dec 24

👉🏻FV/Issue price: Rs.1000

👉🏻Min Appl: 10 NCD (Rs.10k)

👉🏻 Base issue of Rs.1000 Mn with an option to retain over-subscription upto Rs.6900 Mn over and above that

👉🏻Allocation: 

Institutional: 10%

NII: 10%

HNI: 30%

Retail: 50%

👉🏻Allotment will be on First come First serve basis

👉🏻 Tenor options: 24M, 38M, 60M and 90M

👉🏻 Int Rates between 9.25% to 10%

Click here to get started and invest now:

https://zfrmz.com/ktSX2ID3E96oquGbLJNC

L&T Finance Limited provides consumer financial products and services. The Company provides auto, two wheeler, and loyalty financial loans, as well as real estate finance and wealth management services. L&T Finance serves clients in India.

👉🏻Period: Dec 16 to Dec 17* (Original date of closure: Dec 30)

👉🏻FV/Issue price: Rs.1000

👉🏻Min Appl: 10 NCD (Rs.10k)

👉🏻 Base issue of Rs.500 crores with an option to retain over-subscription upto Rs.1000 crores over and above that

👉🏻Allocation: 

Institutional: 10%

NII: 10%

HNI: 35%

Retail: 45%

👉🏻Allotment will be on First come First serve basis

👉🏻 Tenor options: 36M and 60M

👉🏻 Int Rates between 7.96% to 8.60%

Click here to get started and invest now:

https://zfrmz.com/ktSX2ID3E96oquGbLJNC

As part of expanding the scope and gamut of our services, we would like to announce that the portal would now also include news and updates on investment instruments with fixed returns such as Fixed Deposits and Non Convertible debentures

We hope you'd find the same of value!

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In order to understand what are Non convertible debentures, let's first have a look at what are Debentures. A Debenture is a debt instrument which offers a fixed rate of interest for a specified tenure. Government and private companies use debentures to borrow money.

Debentures are simply loans taken by the companies and do not provide the ownership in the company. Thus, where equity shareholders are considered owners of the company, debenture holders are merely lenders to company

Debentures are of two types Convertible and Non-Convertible. The convertible debentures are the ones that can be converted into equity shares at a later time. Non convertible debentures does not convert into equity shares thus can yield a higher interest rate.

An NCD can be Secured NCDs (i.e. backed by the security of company's assets) or Unsecured. Secured NCDs (without any such security)