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

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