Chemmanur Credits and Investments NCD December 2024 – Effective Yield 12.62% p.a.

Chemmanur Credits and Investments Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on December 31, 2024. Chemmanur Credits and Investments will offer 12.62% interest rates on the NCDs. Chemmanur Credits and Investments NCD has a rating of IND BBB-/Stable by India Ratings and Research Private Limited.. The NCDs tenure is for 367 Days, 18, 24, 36, 60, and 70 Months. Check out Chemmanur Credits and Investments NCD 2024 details here.

Chemmanur Credits and Investments NCD Dec 2024

Chemmanur Credits and Investments Limited was established in 2008 and engaged in the business of providing money exchange of gold as a security. Moreover, this is an NBFC(Non-Banking Financial Company) registered with the RBI. This also spread in the states of Kerala, Tamil Nadu, and Karnataka. The company also provides small loans, business and personal loans, money transfer services, and sells insurance products from other companies. In 2024, this company had 282 branches in different states like Kerala, Tamil Nadu, Karnataka, Maharashtra, and Andhra Pradesh. The main office of this firm is in Kerala and Thrissur and 1,424 are their employees. The company is a part of the Boby Chemmanur Group, headquartered in Kerala, India, and involved in multiple industries. Significantly, it has a vision to be famous and to be an available firm in India along with a wide network of branches offering various products and services. They are committed to providing excellent services to increase shareholders and fulfilling their social accountabilities with care competence and good corporate governance.


Chemmanur Credits and Investments NCD December 2024 Details

NCD Issue OpenDecember 31, 2024
NCD Issue CloseJanuary 13, 2025
NCD Issue SizeBase: 50 Cr. | Shelf: 0 Cr.
Price Band₹1000 per NCD
Interest RateUp to 12.62% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE Platform
Credit RatingIND BBB-/Stable by India Ratings and Research Private Limited.
Tenor367 Days, 18, 24, 36, 60, and 70 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

Chemmanur Credits and Investments NCD December 2024 Promoters

  • The Promoter of the company is Chemmanur Devassykutty Boby.

How to Apply Chemmanur Credits and Investments NCD December 2024 Issue?

You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.

Chemmanur Credits and Investments NCD Review

  • Avoid

Chemmanur Credits and Investments NCD December 2024 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
1367 DaysMonth9.5%9.92%
218 MonthMonth10.75%11.3%
324 MonthMonth11%11.57%
460 MonthMonth12%12.68%
536 MonthAnnual11.15%11.15%
660 MonthAnnual12.1%12.1%
7367 DaysCumu.NA9.5%
824 MonthCumu.NA11%
970 MonthCumu.NA12.62%

Chemmanur Credits and Investments NCD Allocation Ratio

CategoryAllocation
Institutional10%
Non-Institutional40%
HNI0%
Retail50%

Chemmanur Credits and Investments NCD December 2024 Lead Manager

  • Vivro Financial Services Private Limited

Chemmanur Credits and Investments NCD December 2024 Allotment Status

  • Chemmanur Credits and Investments NCD issue allotment available on KFintech.

Chemmanur Credits and Investments NCD December 2024 Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

Company Information

Chemmanur Credits And Investments Limited
Door No. D1 to D4, 3rd Floor
Avenue Tower, East Fort,
Thrissur East, Thrissur-680005
Phone: +91 487-7121200
Email: [email protected]
Website: http://www.chemmanurcredits.com

Chemmanur Credits and Investments NCD December 2024 FAQs:


When is Chemmanur Credits and Investments NCD Open?

Chemmanur Credits and Investments NCD is to open on December 31, 2024 and close on January 13, 2025.

What is Chemmanur Credits and Investments NCD Price?

The company has fixed the price at ₹1000 per NCD.

What is Chemmanur Credits and Investments NCD Issue Size?

The NCD issue size is ₹50 crores.

On Which platform the Chemmanur Credits and Investments NCD will list?

Chemmanur Credits and Investments NCD will list on BSE Platforms.

How to apply for Chemmanur Credits and Investments NCD?

You can apply from your existing Demat account online and offline.

    Table of Contents

    Share the Post:
    Facebook
    Twitter
    LinkedIn

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    OPEN DEMAT ACCOUNT