Bond Public Issue: Latest Issues of Jan’23

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Bonds, also referred to as fixed-income securities, are instruments issued by organizations to raise money from the public. They offer a fixed rate of interest to investors and return their investment to them at maturity.

There are two ways of issuing bonds/ NCDs- one is private placement and other is Public issues. Bond Public Issue (Bond IPO) are nothing but securities wherein the issuer offers or invites the general public to subscribe to their debt securities. 

Many investors prefer bond public issues because of their benefits such as flexible tenures, higher returns, and different interest payout options etc. A minimum investment amount of Rs.10,000 is required to invest in bond public issues and one can invest easily through UPI. Below are the bond public issues that are currently offered on TheFixedIncome.com, along with their respective issue details and brief overview-

 

01. Edelweiss Financial Services Limited

Issue Highlights:

Terms of the Issue:

About the Company

  • Edelweiss Financial Services Limited (EFSL), the parent company of Edelweiss group was founded in 1995. It is one of India’s leading financial services conglomerates offering right financial solutions for every stage. 
  • Mr. Rashesh Shah, having almost 3 decades of diverse experience in the financial markets, is the Chairman of this Mumbai based company.
  •  EFSL is a diversified company having presence in sectors like: 
  1. Retail as well as Corporate Credit
  2. Asset Management & Resolution
  3. Wealth Management and 
  4. Insurance businesses

Unaudited Consolidated Data as on September 30, 2022:

02. Muthoot Fincorp Limited

Issue Highlights:

Terms of the Issue:

About the Company

  • Muthoot Fincorp Limited is a systemically important non-deposit taking NBFC that has been in business for over 25 years. 
  • Muthoot Fincorp Limited is one of the largest Indian NBFCs engaged in the gold loan business (by loan portfolio) and it operates in 3,629 branches located across 25 states, including union territory of Andaman & Nicobar Islands and Delhi.
  • Muthoot Fincorp Limited is a part of the “Muthoot Pappachan Group” which has diversified business interests ranging from 69 hospitality, financial services, inflight catering, infrastructure for information technology, automobile sales and services and real estate.

Unaudited Standalone Data as on September 30, 2022:

03. IIFL Finance Limited

Issue Highlights:

Terms of the Issue:

About the Company

  • IIFL Finance Limited is a listed holding company of the IIFL Finance Group and is registered as a systemically important non-banking financial company, that is primarily engaged in financing and related services. 
  • IIFL Finance Limited has a nationwide presence with a network of approximately 3,119 branches, which includes over 500 cities. The Company’s subsidiaries include IIFL Home Finance Limited, IIFL Samasta Finance Limited and IIFL Open Fintech Private Limited.
  • The Company and its subsidiaries are engaged in providing a diverse range of loans and mortgages which comprises home loans, gold loans, business loans, microfinance which are the core segments and forms 94% of its AUM while the rest comprises of developer & construction finance and capital market finance.

Unaudited Consolidated Data as on September 30, 2022:

04. InCred Financial Services Limited

Issue Highlights:

Terms of the Issue:

About the Company

  • InCred Financial Services Limited (formerly known as KKR India Financial Services Limited)  is a systemically important NBFC registered with RBI having presence across 24 locations  and catering to 3,30,059 customers. 
  • The company is engaged in the business of providing all forms of credit or financing facilities under various product segments such as student loans, personal loans, which constitute 16% and 38% of our AUM respectively and SME business loans and Digital MSME loans. 
  • Bhupinder Singh is a Whole-time Director & Chief Executive Officer and is the Founder of the InCred Group. Prior to InCred, he co-headed the Investment Banking and Securities division of Deutsche Bank for the Asia Pacific region with a USD 3 billion top line.
  • As on September 30, 2022, InCred Holdings Limited holds 99.99% shares of the company.

Unaudited Standalone Data as on September 30, 2022:

It is essential to research and read all the terms and conditions well before investing in any of the issues mentioned above.

Disclaimer: Investment in bonds are subject to market risk. Please read all documents carefully before investing

 

 

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