Upcoming NCD 2021: List of Current NCD Issue in India Offer Price with Dates

Upcoming NCD 2021, List of Upcoming NCD issue in 2021, NCD Offer Price, Size, Important Dates & How to Apply online?

NCD issue signifies Nonconvertible debentures public issue. If you are in search of the latest upcoming NCD 2021 India then you are at the right place.

Today’s topic of discussion is centered on Best NCD to invest in 2021. Read us till the end to learn about the forthcoming NCD Debenture.

An NCD is the fixed income debt issued by a company to raise money from the capital market.

Unlike the equity shares, the bondholders do not have any ownership rights in the company.

It is aptly true that these NCDs are worth investing in if the issuer has got credible ratings by the rating agencies.

NCDs are listed on the stock exchanges like BSE & NSE in India.

When a buyer purchases corporate bonds, one lends money to the company. In exchange, the company promises to return the money on a specified maturity date along with the stated rate of interest.

corporate bonds are debt securities. They are considered as long term investment options. the maturity period of such securities ranges from 1 year to 20 years.

Investors apply for the NCDs through the brokers. 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.

The NCD Issue Procedure is similar to the IPO process.

Upcoming NCD in 2021

 

List of NCDs
Issuer CompanyIssue OpenIssue CloseOffer Price
(Rs.)
Issue
Type
Issue Size
(Crore Rs.)
Muthoottu Mini Financiers NCDJan 20, 2020Feb 12, 20201000NCD200
Tata Capital Housing Finance NCDJan 07, 2020Jan 08, 20201000NCD500
Shriram Transport Finance NCDJan 6, 2020Jan 26, 20201000NCD300
Kosamattam Finance NCDNov 11, 2019Dec 10, 20191000NCD350
ECL Finance LTD NCDNov 04, 2019Nov 22, 20191000NCD500
Muthoot Finance LTD NCDNov 29, 2019Dec 24, 20191000NCD690
Shriram City Finance NCDAug 21, 2019Sep 19, 20191000NCD900
SREI Equipment Finance NCDAug 19, 2019Sep 18, 20191000NCD500
Tata Capital Financial Service NCDAug 13, 2019Aug 23, 20191000NCD4126
JM Financial Products LTD NCDAug 06, 2019Sep 04, 20191000NCD500
Shriram Transport NCDJul 17, 2019Aug 16, 20191000NCD1000
Kosamattam Finance NCDJul 16, 2019Aug 14, 20191000NCD3000
Muthoot Finance LTD NCDMay 10, 2019June 10, 20191000NCD1000
JM Financial Products LTD NCDApril 11, 2019May 21, 20191000NCD1000
Muthoot Homefin India LTD NCDApril 08, 2019May 07, 20191000NCD300
SREI Infrastructure Finance NCDApril 09, 2019May 09, 20191000NCD500
Magma Fincorp LTD NCDApril 08, 2019May 08, 20191000NCD200
Muthoottu Mini Financiers NCD18.03.2019APR 16, 20191000NCD100
L&T Finance NCD06.03.2019Mar 20, 20191000NCD500
Muthoot Finance NCD14.02.2019Mar 14, 20191000NCD700
Manappuram Finance NCD28.01.2019Feb 27, 20191000NCD737
IB Consumer Finance NCDFeb 04, 2019Mar 04, 20191000NCD3000
IIFL NCDJan 22, 2019Feb 20, 20191000NCD2000
HDFC Ltd NCDJan 29, 2019Feb 28, 20191000NCD45,000
Mahindra & Mahindra Financial Services Ltd NCDJan 4, 2019Jan 25, 20191000NCD3,500
Shriram Transport Finance Company Ltd NCDJan 7, 2019Jan 31, 20191000NCD300
SREI Equipment Finance Ltd NCD
Dec 19, 2018Jan 18, 20191000NCD300
ECL Finance Ltd NCD
Dec 13, 2018Jan 11, 20191000NCD1,000
JM Financial Credit Solutions Limited NCD
Nov 20, 2018Dec 20, 20181000NCD1,250
Manappuram Finance Limited NCD
Oct 24, 2018Nov 22, 20181000NCD1,000
Shriram Transport Finance Company Ltd NCD
Oct 15, 2018Oct 29, 20181000NCD1,350
KLM Axiva Finvest Limited NCD
Sep 27, 2018Oct 26, 20181000NCD100
Aadhar Housing Finance Ltd NCD
Sep 14, 2018Sep 28, 2018NCD3,000
Indiabulls Commercial Credit Limited NCD
Sep 11, 2018Sep 14, 20181000NCD2,000
Tata Capital Financial Services Limited NCD
Sep 10, 2018Sep 18, 20181000NCD7,500
Kosamattam Finance Ltd NCD
Aug 23, 2018Sep 14, 20181000NCD250
ECL Finance Ltd NCD
Jul 24, 2018Jul 26, 20181000NCD2,000
Shriram Transport Finance Company Ltd NCD
Jun 27, 2018Jul 20, 20181000NCD5,000
JM Financial Credit Solutions Limited NCD
May 28, 2018Jun 20, 20181000NCD2,000
Dewan Housing Finance Corporation Limited NCD
May 22, 2018Jun 4, 20181000NCD12,000
Srei Infrastructure Finance Limited NCD
Apr 25, 2018May 16, 20181000NCD500
Muthoot Finance Limited NCD
Apr 9, 2018May 8, 20181000NCD3,000
Kosamattam Finance Ltd NCD
Mar 15, 2018Apr 13, 20181000NCD300
Srei Infrastructure Finance Limited NCD
Feb 9, 2018Mar 7, 20181000NCD200
Kosamattam Finance Ltd NCD
Aug 4, 2017Sep 1, 20171000NCD220
SREI Equipment Finance Ltd NCD
Jul 17, 2017Jul 31, 20171000NCD1,000
Mahindra & Mahindra Financial Services Ltd NCD
Jul 10, 2017Jul 28, 20171000NCD250
Muthoot Finance Ltd NCD
Apr 11, 2017May 10, 20171000NCD200

NCD issue full form-Non Convertible Debentures public issue. They are corporate bonds with fixed interest and tenures. NCD’s are similar to bank fixed deposit.

NCD public issue is similar to the IPOs.

NCDs are a tradable instrument. The investor can buy and sell in the stock exchange similar to equity shares even before the maturity date arrives

An investor can hold NCD in the Demat account as well as the paper certificates.

Frequently Asked Questions-

Q. Is it good to invest in NCD?

Yes, investors can benefit from a higher rate of interest with an NCD. Being investors, you must take into account the following consideration below

  • Ratings and safety
  • company and background
  • taxation and TDS
  • rate of return
  • interest payout

Q. Why you should consider investing in NCD?

  • Better Returns
  • not subject to the TDS
  • Easy liquidity 

In the current scenario, NCDs’ are considered worth investing reason, if the issuer has got a good rating from the rating agencies, offering higher interest rates compared to fixed deposits or other term deposits in the market and can be liquidated at any point of time.

Q. How do I apply for NCD online?

As you all know that companies will commence the issue of NCD for a specified period of time. After that these NCD are listed on the stock exchange.

Interested investors can purchase these NCD online

Online brokers like ICICI Direct, Edelwise, Sharekhan allow you to apply for NCD.

Applying for them online is indeed convenient, and will probably be the first choice for most people. However, there is no guarantee that every online broker will have the option available right on day 1, and in case the bonds are being allotted on the basis of first come – first serve, this will make the difference in case of oversubscription.

If you are interested in applying them online then keep an eye on your broker’s website to see the announcement for availability of these bonds, and check that frequently.

To invest in an NCD online through ASBA, follow the steps mentioned below:
  1. Login to you share broker site OR Net banking with your User ID & password.
  2. Go to IPO action section & click on “Apply Debentures”
  3. On the Apply Debenture page, click on the “ASBA” radio button.
  4. Submit all required details.

Q. Is NCD tax-free?

Dear investors, the rate of interest that you will earn on NCD is taxable. As there is no tax deducted at source (TDS) deduction in NCDs, on sale or maturity the amount of return (if any) gets combined in the income of the investor as “income from other sources” and taxed at the applicable income tax rate.

First is the interest income from an NCD and tax treatment is exactly the same as any other interest income such as interest income from FDs. In other words, interest income from NCDs will be subjected to tax at normal rates by including it in ‘Income from other sources’. Next is capital gains.

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4 thoughts on “Upcoming NCD 2021: List of Current NCD Issue in India Offer Price with Dates”

  1. Now, from Secondary Market, which NCDs (along with Company Name, Tenure & Rate of Interest) are good and safe to invest for?

  2. Is the interest for NCD credited to bank account every month if given standing instructions

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