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View Full Version : Religare Finvest Limited NCD : Earn upto 12.50 %



Arvind kumar
10-09-2011, 04:53 PM
Religare Finvest Limited NCD open for subscription. Below are the details of the Issue:
http://www.policywala.com/attachment.php?attachmentid=437&d=1315655579

Vivek
11-09-2011, 12:07 PM
Good interest @ 12.50%. What is the rating of this issue by rating agencies?

Tarunz
11-09-2011, 03:06 PM
It's not a Fixed Deposit, it's a Non Convertible Debenture (NCD).

GenNext
11-09-2011, 03:59 PM
Good interest @ 12.50%. What is the rating of this issue by rating agencies?
Religare NCD has been rated as ICRA AA- Stable by the ICRA rating company and CARE AA- by CARE. Which means that it is relatively stable to invest via this non-convertible debenture issue.

GenNext
11-09-2011, 04:01 PM
1- This NCD its a First come first serve.
2- There will be a yearly payout of intrest.
3- Post allocation and closure of issue will be listed on BSE there is a 30 days time from closure of issue.

ReVoLuTiOn
12-09-2011, 01:28 PM
Post allocation and closure of issue will be listed on BSE there is a 30 days time from closure of issue.
What if it lists less than the issue price at BSE? Can we buy from BSE?

Lethal
12-09-2011, 04:13 PM
As per Mint Money -
However, the parentage of the company, which is a well-established financial services company with a pan-India presence, lends credibility to the issue. Moreover, as per industry sources, there are no more draft offer documents for NCDs in the pipeline, which suggests that this could be the last public issue of NCD for some time to come. At a rate of 12.5%, it is attractively priced given the risk. Invest only to hold till maturity.

Aman
12-09-2011, 07:11 PM
If you are investing, just check out - Applications cannot be made by:
a) Minors without a guardian name;
b) Foreign nationals;
c) Persons resident outside India other than NRIs (applying on Non-Repatriation Basis)
d) Foreign Institutional Investors;
e) Overseas Corporate Bodies.

Vinayak
17-09-2011, 12:35 PM
From where we can download the form or we just need to apply online?

Arvind kumar
18-09-2011, 03:49 PM
From where we can download the form or we just need to apply online?
Download prospectus and application form from here (https://www.religareonline.com/Campaign/ReligareFinvest/Home.aspx)

Manish_Kumar
21-09-2011, 04:26 PM
Currently Manappuram Finance NCD is available in discount. Link (http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=934828).
What do you expect from Religare NCD?
Do we still need to invest or wait for listing and buy from market if listed on discount?

PolicyWala
26-09-2011, 03:13 PM
When you have lots of investment opportunities available in stock market for short term, who invest for 3-5 years.