Manappuram Finance Is Offering 10.15% Interest on NCDs. Should You Invest?
Manappuram Finance, a non-banking finance company (NBFC) mainly known for providing personal loans against gold or gold jewellery, has come out with the second tranche of its secured non-convertible debentures (NCDs) issue offering up to 10.15% interest per annum. Subscriptions to the NCD issue commenced on 28 January 2019 and will end on 27 February 2019, or earlier, at the company’s...
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Review of Shriram Transport Finance NCD
Shriram Transport Finance Company (STFC) plans to raise Rs700 crore through the issue of secured non-convertible debentures (NCDs). Subscription to the issue commenced on 7 January 2019 and will close on 31 January 2019. 
 
STFC is an NBFC (non-banking finance company) engaged mainly in providing credit to first-time buyers and small road transport operators for purchase of...
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Review of Mahindra & Mahindra NCDs
Mahindra & Mahindra Financial Services Limited (MMFSL) is planning to raise a total Rs3,500 crore through the issue of secured and unsecured non-convertible debentures (NCDs). Subscription to the issue will open on 4 January 2019 and stay open till 25 January 2019. 
 
MMFSL is a non-banking finance company (NBFC) focused on lending in the rural and semi-urban areas against new and...
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