Page 2 - Non Convertible Debentures

Chemplast Sanmar IPO to open on Aug 10; price band fixed at Rs 530-541

The company aims to raise Rs 3,850 crore through the IPO, which will include Rs 1,300 crore fresh issue and offer for sale up to Rs 2,550 crore by promoters

Piramal Enterprises to raise up to Rs 1,000 cr through debentures

Piramal Enterprises on Monday said it will raise up to Rs 1,000 crore through issuance of non-convertible debentures (NCDs) on private placement basis.

Tata Power arm CGPL raises Rs 570 cr via non-convertible debentures

Tata Power on Thursday said its wholly-owned subsidiary CGPL has raised Rs 570 crore through issuance of non-convertible debentures (NCDs). "Coastal Gujarat Power Limited (CGPL)... has successfully issued and allotted unsecured, rated, listed, taxable, guaranteed, redeemable NCDs for an amount of Rs 570 crore on private placement basis issued for a tenor of 3 years," Tata Power said in a BSE filing. The proceeds of the NCDs will be utilised by CGPL towards refinancing of its existing debt, capital expenditure and augmentation of working capital, it said. The proceeds will not be used for any purpose for which bank finance is not permitted by the RBI including investments in capital markets, real estate and on-lending, it added. The NCDs have been rated IND AA(CE)/Stable by India Ratings & Research and will carry a coupon rate of 5.70 per cent, payable annually, the filing said. The debt obligations of CGPL under the NCDs are guaranteed by the company.

Patanjali Ayurved raises Rs 175 cr through non-convertible debentures

Baba Ramdev-led Patanjali Ayurved on Tuesday said it has raised Rs 175 crore by issuing non-convertible debentures (NCDs).

Tata Power board okays raising up to Rs 5,500 crore through NCDs

The NCDs can be issued on private placement basis to any persons, entities, companies, banks and financial institutions.

Future Enterprises defaults on non-convertible debentures' interest payment

Future Enterprises Ltd (FEL) has defaulted on payment of interest on non-convertible debentures (NCDs)

Realty firm DLF raises Rs 500 crore through NCD issue to investors

The tenure of the NCDs is three years and the coupon rate is 8.25%. The NCDs will be listed on the BSE

India Grid to raise Rs 2,500 cr via NCD to recast debt, acquisitions

The major shareholders in IndiGrid are KKR & Co. Inc and its affiliates (23 per cent) and Singapore's GIC and its affiliates (20 per cent)

Chemicals major Sanmar plans to raise equity to repay restructure debt

Despite the pandemic disruptions, based on provisional IFRS estimates, for the year ended December 31, 2020, Sanmar chemicals' revenue was flat at around $700 million

Cos garner Rs 9,100 cr through public issuance of NCDs in Apr-Jan period

As many as eight firms raised over Rs 9,100 crore through retail issuance of non-convertible debentures in the first ten months of the ongoing fiscal

Mortgage lender HDFC to raise up to Rs 5,000 crore through bonds

The firm will issue non convertible debentures (NCDs) on a private placement basis

Ind-Ra revises PNB Housing Finance's NCDs to negative

India Ratings and Research (Ind-Ra) has revised the outlook on PNB Housing Finance's (PNBHF's) non-convertible debentures

Tata Power raises Rs 900 cr through non-convertible debentures

Tata Power has raised Rs 900 crore through issuance of non-convertible debentures (NCDs)

IIFL Finance raises Rs 100 crore through non-convertible debentures

The firm it has raised the funds through issuance of non-convertible debentures (NCDs) on private placement basis

Muthoot Finance plans to raise Rs 6,000 crore through bonds

The firm plans to issue non convertible debentures (NCDs)

PFC's Rs 5K-cr bond issue subscribed 94%; likely to close on Monday

State-run Power Finance Corporation's Rs 5,000 crore taxable non-convertible debentures issue was subscribed 94 per cent on the first day on Friday and is likely to close on Monday, a source said.

UltraTech Cement raises Rs 1,000 crore via non-convertible debentures

UltraTech Cement on Tuesday said it has raised Rs 1,000 crore through allotment of non-convertible debentures (NCDs) on private placement basis

Sebi extends date for due diligence framework for debenture trustees

Sebi extended the implementation date for framework for creation of security for listed debt securities and due diligence that needs to be carried out by debenture trustees

DHFL resolution: Kapil Wadhawan writes to SEBI, RBI against 63 Moons

63 Moons has filed a writ petition before the Madras High Court seeking attachment of assets belonging to DHFL, Wadhawan said in the letter

Mindspace REIT to raise up to Rs 200 cr through debentures issue

Mindspace Business Parks is India's second REIT (Real Estate Investment Trust), and got listed this year after a successful launch of public issue of about Rs 4,500 crore.