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
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.
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..
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
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
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…
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..
hi Mr. Rahaman, its secured please read article