Investor Insights ***** 1) People in general have very little idea about how much wealth they need. More often than not they overestimate their requirement by leaps and bounds because of their inability to grasp the power of compounding 2) The occurrence of Heart attacks and blood pressure is inversely proportional to your knowledge of personal finance. 3) Understanding the power of compounding is directly proportional to the power of your health 4) 10% to 12% compounding is all that you need to meet most of your needs 5) Patience more than intelligence is required to create wealth 6) Being ignorant is any time better than being impatient 7) Knowledge of personal finance is the license that allows you to spend money without the fear of inflation 8) SWP after years of SIP is the best retirement plan. 9) If you are above 40, don't try to look for jobs. Just keep your boss happy because in all probability this is your last job 10) On paper your retirement age is 60. Always...
NCD Public issue of *Tata Capital Financial Services Limited * Issue Size: *₹ 7,500 Crores* Instrument: *Secured Redeemable Non-Convertible Debentures and Unsecured, Subordinated, Redeemable, Non-Convertible Credit Rating: "CRISIL AAA / Stable" by CRISIL; and "CARE AAA; Stable by CARE* Listing:*Proposed to be listed on BSE & NSE* Issuance Mode: *Demat* Face Value: *₹ 1000* Mode Of Application: *ASBA/Non ASBA* Issue Opening Date: *10th September 2018*
Shriram City plans to raise up to Rs 200 cr via NCDs
NEW DELHI: Shriram City Union Finance is planning to raise up to Rs 200 crore through non-convertible debentures (NCDs) to support financing activities.
The company is proposing to raise Rs 100 crore, with an option to retain over subscription to the extent of another Rs 100 crore.
NCDs are loan-linked securities issued by a company and cannot be converted into stocks and usually carry a higher interest rate than a convertible debenture.
The funds raised through the issue are to be used for financing and lending activities, to repay existing loans and meet business operations including for capital expenditure and working capital requirements.
"Public issue by Shriram City of secured redeemable NCDs of face value of Rs 1,000 each aggregating up to Rs 100 crore with an option to retain over subscription up to Rs 100 crore for issuance of additional NCDs aggregating to a total of up to Rs 200 crore," the com...
Comments
Post a Comment
You are requested to mentioned your full name with email id while commenting.