All the smart people, stop disussing GMP it is meaningless. Retail investors like us do not matter in large scheme of things. There will be huge growth since more QIB's *(oversubscribed 16X) who could not get allotment would buy when market opens.
The interest rates on Bank fixed deposits may have touched the lowest levels and the interest rates on popular small savings schemes are not very attractive either. Also, Tax Free Bond Issues are not available now. This is inducing many small investors to look out for better fixed income products which can give decent fixed rate of return.
NCDs or Non Convertible Debentures are one of the fixed income options that can satiate investors' hunger for better yield.
Dewan Housing Finance Corp Ltd (DHFL) is proposing to offer latest NCD issue. DHFL is going to offer Secured and redeemable NCDs. The proposed public issue will be open for subscription from 22nd May, 2018 to 04th June, 2018.
One of the key features of this issue is, it offers 'Floater interest rate' option on a 3 year tenure NCD option.
What is a Debenture? Debenture is a type of Debt instrument which offers a fixed rate of interest for a specified tenure. Companies or governments use debentures to borrow money. Debentures are simply loans taken by the companies and do not provide the ownership in the company.
What are NCDs? 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. This convertibility provides attraction to the investor but yield lower interest rates. Non convertible debentures does not convert into equity shares thus can yield a higher interest rate.
An NCD can be Secured or Unsecured. Secured NCDs are backed by the issuer company's assets to fulfill the debt obligation unlike unsecured NCDs. Below is a short video on 'basics of NCDs'.
Yes, I might have been wrong in typing due to auto correct, 460.8 has earned a ban...
He has done cherkhani with Mom and dad, maybe his is up for sale too, just like mr. SP Tulsian, who is a pseudo owner of Chittorgarh, else how any people saying against him gets banned in hours?
if bjp has 1/3 majority also they will not loose..now with majority & power in central...& CBI in pocket ...ha ha ha...no way others to think abt forming government...each & every MLA criminal file will be ready now...take money & support or go to jail....wait & watch the game
446.3. medge| Link| Bookmark|
May 16, 2018 2:52:38 PM
IPO Guru (1300+ Posts, 2000+ Likes)
@Prakash Chand dont think that asking same query again and again in this forum that you will get ans like "you will get allotment". please check below you had already asked same que.
329. Prakash chand May 11, 2018 9:07:19 PM IST I Like It. | Report Abuse Are you guys sure that my both application will be rejected
One PAN card multiple applications are not allowed, if your amount is blocked dont worry it will be unblock on refund date...
If you still have drought then go through link /faq/can_i_apply_in_an_ipo_through_multiple_application/45/