Upcoming NCD 2019: List of Current NCD Issue in India Offer Price with Dates

Upcoming NCD 2019, List of Upcoming NCD issue in 2019, NCD Offer Price, Size, Important Dates & How to Apply online?

NCD issue signifies Nonconvertible debentures public issue. If you are in search for the latest upcoming NCD 2019 India then you are at the right place.

Today’s our topic of discussion is centered on Best NCD to invest in 2019. 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

Upcoming NCD in 2019

List of NCDs
Issuer Company Issue Open Issue Close Offer Price
(Rs.)
Issue
Type
Issue Size
(Crore Rs.)
Kosamattam Finance NCD Nov 11, 2019 Dec 10, 2019 1000 NCD 350
ECL Finance LTD NCD Nov 04, 2019 Nov 22, 2019 1000 NCD 500
Muthoot Finance LTD NCD Nov 29, 2019 Dec 24, 2019 1000 NCD 690
Shriram City Finance NCD Aug 21, 2019 Sep 19, 2019 1000 NCD 900
SREI Equipment Finance NCD Aug 19, 2019 Sep 18, 2019 1000 NCD 500
Tata Capital Financial Service NCD Aug 13, 2019 Aug 23, 2019 1000 NCD 4126
JM Financial Products LTD NCD Aug 06, 2019 Sep 04, 2019 1000 NCD 500
Shriram Transport NCD Jul 17, 2019 Aug 16, 2019 1000 NCD 1000
Kosamattam Finance NCD Jul 16, 2019 Aug 14, 2019 1000 NCD 3000
Muthoot Finance LTD NCD May 10, 2019 June 10, 2019 1000 NCD 1000
JM Financial Products LTD NCD April 11, 2019 May 21, 2019 1000 NCD 1000
Muthoot Homefin India LTD NCD April 08, 2019 May 07, 2019 1000 NCD 300
SREI Infrastructure Finance NCD April 09, 2019 May 09, 2019 1000 NCD 500
Magma Fincorp LTD NCD April 08, 2019 May 08, 2019 1000 NCD 200
Muthoottu Mini Financiers NCD 2019 18.03.2019 APR 16, 2019 1000 NCD 100
L&T Finance NCD 2019 06.03.2019 Mar 20, 2019 1000 NCD 500
Muthoot Finance NCD 2019 14.02.2019 Mar 14, 2019 1000 NCD 700
Manappuram Finance NCD 28.01.2019 Feb 27, 2019 1000 NCD 737
IB Consumer Finance NCD Feb 04, 2019 Mar 04, 2019 1000 NCD 3000
IIFL NCD JAN 2019 Jan 22, 2019 Feb 20, 2019 1000 NCD 2000
HDFC Ltd NCD Jan 29, 2019 Feb 28, 2019 1000 NCD 45,000
Mahindra & Mahindra Financial Services Ltd NCD Jan 4, 2019 Jan 25, 2019 1000 NCD 3,500
Shriram Transport Finance Company Ltd NCD Jan 7, 2019 Jan 31, 2019 1000 NCD 300
SREI Equipment Finance Ltd NCD
Dec 19, 2018 Jan 18, 2019 1000 NCD 300
ECL Finance Ltd NCD
Dec 13, 2018 Jan 11, 2019 1000 NCD 1,000
JM Financial Credit Solutions Limited NCD
Nov 20, 2018 Dec 20, 2018 1000 NCD 1,250
Manappuram Finance Limited NCD
Oct 24, 2018 Nov 22, 2018 1000 NCD 1,000
Shriram Transport Finance Company Ltd NCD
Oct 15, 2018 Oct 29, 2018 1000 NCD 1,350
KLM Axiva Finvest Limited NCD
Sep 27, 2018 Oct 26, 2018 1000 NCD 100
Aadhar Housing Finance Ltd NCD
Sep 14, 2018 Sep 28, 2018 NCD 3,000
Indiabulls Commercial Credit Limited NCD
Sep 11, 2018 Sep 14, 2018 1000 NCD 2,000
Tata Capital Financial Services Limited NCD
Sep 10, 2018 Sep 18, 2018 1000 NCD 7,500
Kosamattam Finance Ltd NCD
Aug 23, 2018 Sep 14, 2018 1000 NCD 250
ECL Finance Ltd NCD
Jul 24, 2018 Jul 26, 2018 1000 NCD 2,000
Shriram Transport Finance Company Ltd NCD
Jun 27, 2018 Jul 20, 2018 1000 NCD 5,000
JM Financial Credit Solutions Limited NCD
May 28, 2018 Jun 20, 2018 1000 NCD 2,000
Dewan Housing Finance Corporation Limited NCD
May 22, 2018 Jun 4, 2018 1000 NCD 12,000
Srei Infrastructure Finance Limited NCD
Apr 25, 2018 May 16, 2018 1000 NCD 500
Muthoot Finance Limited NCD
Apr 9, 2018 May 8, 2018 1000 NCD 3,000
Kosamattam Finance Ltd NCD
Mar 15, 2018 Apr 13, 2018 1000 NCD 300
Srei Infrastructure Finance Limited NCD
Feb 9, 2018 Mar 7, 2018 1000 NCD 200
Kosamattam Finance Ltd NCD
Aug 4, 2017 Sep 1, 2017 1000 NCD 220
SREI Equipment Finance Ltd NCD
Jul 17, 2017 Jul 31, 2017 1000 NCD 1,000
Mahindra & Mahindra Financial Services Ltd NCD
Jul 10, 2017 Jul 28, 2017 1000 NCD 250
Muthoot Finance Ltd NCD
Apr 11, 2017 May 10, 2017 1000 NCD 200

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 Apply Debenture page, click on “ASBA” radio button.
  4. Submit with 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 same to 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.

Final Words

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2 COMMENTS

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

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