IIFL NCD – Should we invest ?

POSTED BY Vivek ON September 15, 2013 9:27 pm COMMENTS (5)

Recently IIFL launched secured NCD with 12.68%

should we invest in it ?

5 replies on this article “IIFL NCD – Should we invest ?”

  1. Vivek says:

    Thanks Ashal,
    this is really a good answer and exploration of the investment, but do we have any other secured investment instrument available in market where we can get this much of reture?
    i love to invest in that also

  2. ashalanshu says:

    Dear Vivek, let’s consider the question differently. if the money is requested @ 12.68%, from you as an investor, how much addition should be there to earn any profit? Over this 12.68%, add the commission to be paid to the brokers. Company’s fixed expenses, taxation etc. the profitable figure of return ‘ll be around 18-20%. Do you feel in current tough times, a company may earn that much return? If your answer is yes, please go ahead & invest.

    thanks

    Ashal

  3. Mustafizur Rahaman says:

    Hi Vivek,

    This is what I had read http://www.moneycontrol.com/news/business/iifl-ncd-issuesept-5_752037.html. But I also see from IIFL website that they are mentioning it as secured. I don’t know which one is true :(? My apology if I have provided any wrong info…

  4. Mustafizur Rahaman says:

    It is an unsecured NCD. Do some analysis on secured vs non-secured NCD, and take a call. there are article available online on this and also review of this NCD including the financial state of the company presently..

    1. Vivek says:

      hi Mr. Rahaman, its secured please read article

Leave a Reply

Your email address will not be published.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

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today