Chemmanur Credits and Investments Ltd's  NCD Issue Opens 

Dec 14 2022 - Jan 01, 2023

Investors can invest in this NCD issue at price band of Rs. 1,000. Minimum investment - Rs. 10,000 per lot.

Non Convertible Debentures (NCDs) are debt instruments with fixed tenure. These offer regular interest at a certain rate.

Chemmanur Credits and Investments Ltd. is a non-deposit taking, NBFC offering gold loans against collateral.

Strength of company- Strong presence in South India offering high quality services

Risk of business - Interest rate volatility, potential rise in NPAs, Rupee value changes, & other economic changes.

NCDs offer higher interest returns than FDs and better liquidity. Investors can choose frequency of interest payouts.