Real Estate Investment Trusts (REITs) are a new asset class in the Indian financial market that offers exposure to income-generating commercial real estate. Essentially, REITs give the chance to own a pie of a commercial real estate and enjoy its rents and capital appreciation, similar to...
The initial public offering (IPO) of Brookfield India Real Estate Trust (REIT), which opened on 3rd February and will close on 5th February, aims to raise Rs3,800 crore through the issuance of fresh units. This will be the third such public offering after Embassy Office Parks REIT, a...
Power Finance Corporation (PFC), a public sector financial services firm backing the Indian power sector, is planning to raise as much as Rs10,000 crore through the issuance of non-convertible debentures (NCDs). The first tranche of the NCD, with a plan to raise Rs5,000 crore, opened on 15...
Edelweiss Financial Services (EFL), a financial services conglomerate, has issued non-convertible debentures (NCDs) paying up to 9.95%pa (per annum). The financial services firm plans to raise Rs200 crore from the sale of its NCDs.
The NCDs will pay a minimum 9.35%pa and maximum...
Muthoot Finance, a non-banking finance company (NBFC) known for providing personal and business loans against gold or gold jewellery, plans to raise Rs100 crore through a second tranche of its issue of secured non-convertible debentures (NCDs). The NBFC plans to retain any...
