What is public issue of NCDs and ISIN?
All Non-Convertible Debentures (NCDs) issued through Initial Public Offer gets listed on the Capital Market segment of the Exchange. Every security in the trading system is given a symbol with series representative of the security (ISIN).
Related Articles
What happen to Right Entitlements which are neither subscribe nor renounced on or before the issue closing date ?
Rights Entitlements (REs) which are neither subscribed nor renounced on or before the Issue Closing Date are lapsed post closure of the issue and the ISINs linked to these REs shall stand suspended.
Are NCDs safe investments?
Although NCDs are considered safe investments for retail investors, they should always look into the credibility of the issuing company before investing. Secured non-convertible debentures are backed by the company's assets, which makes that low ...
What are Rights Issue?
When a company wants to raise capital, issue of fresh shares to the existing shareholders is one option available to the company. In such an issue, existing shareholders have the right to buy a specified number of new shares of the company at a ...
What is Bonus issue?
A bonus share is a free share of stock given to current shareholders in a company, based upon the number of shares that the shareholder already owns. While the issue of bonus shares increases the total number of shares issued and owned, it does not ...
What are the things to consider before investing in NCDs?
"Ratings: Rating agencies use simple alphanumeric symbols to convey credit ratings. For example, rating agencies assign credit ratings to debt obligations on three basic scales: the long‐term scale, the short‐ term scale, and the fixed deposit scale. ...