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.
Read More about Non-Convertible Debentures Here
Should You Invest in this NCD?