Chemmanur Credits and Investments NCD issue opens on March 2, 2026 and closes on March 16, 2026. It is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs). The overall issue size is Rs 100 crores. The NCD issue price is Rs 1000 per NCD, and the face value is Rs 1000 for each NCD. The minimum lot size is 10 NCD.
Chemmanur Credits and Investments NCD allotment is on a first-come, first-serve basis. The listing is at BSE and the tenor is 400 days, 18, 24, 36, 61 and 72 Months. The lead manager(s) of Chemmanur Credits and Investments Limited NCD is Vivro Financial Services Private Limited, and the registrar of this NCD is Kfin Technologies Limited.
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Chemmanur Credits and Investments NCD: Important Details
|
Issue Open |
March 2, 2026 – March 16, 2026 |
|
Security Name |
Chemmanur Credits and Investments Limited |
|
Security Type |
Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
|
Issue Size (Base) |
Rs 50.00 Crores |
|
Issue Size (Oversubscription) |
Rs 50.00 Crores |
|
Overall Issue Size |
Rs 100.00 Crores |
|
Issue Price |
Rs 1000 per NCD |
|
Face Value |
Rs 1000 each NCD |
|
Minimum Lot size |
10 NCD |
|
Market Lot |
1 NCD |
|
Listing At |
BSE |
|
Credit Rating |
IND BBB-/Stable by India Ratings and Research Private Limited. |
|
Tenor |
400 Days, 18, 24, 36, 61, and 72 Months |
|
Series |
Series I to VII |
|
Payment Frequency |
Monthly and Cumulative |
|
Basis of Allotment |
First Come First Serve Basis |
|
Debenture Trustee/s |
Mitcon Credentia Trusteeship Services Limited |
Chemmanur Credits and Investments Limited: About the Company
Chemmanur Credits and Investments Limited, founded in 2008, is a public limited company based in Thrissur, Kerala.
The company specialises in offering a variety of credit and investment services, catering to both individual and business clients. With a commitment to responsible lending and customer satisfaction, Chemmanur Credits And Investments Limited has established a strong presence in the financial services sector.
The company’s operations are guided by transparency and ethical business practices, ensuring trust and reliability for its customers. Over the years, Chemmanur Credits And Investments Limited has focused on adapting to evolving financial needs, providing accessible solutions that support economic growth and financial inclusion.
Chemmanur Credits and Investments NCD: Objectives
Chemmanur Credits and Investments proposes to utilise the funds raised through the Issue for onward lending, financing, repayment or prepayment of principal and interest on the Company’s borrowings, and for general corporate purposes.
Chemmanur Credits and Investments Limited: Financial Performance (Amt in Rs Crore)
|
Period Ended |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
|
Assets |
693.18 |
635.04 |
499.42 |
|
Total Income |
141.74 |
106.14 |
83.21 |
|
Profit After Tax |
2.48 |
1.72 |
0.80 |
|
Reserves and Surplus |
38.42 |
29.03 |
27.41 |
Coupon Rates of Chemmanur Credits and Investments Limited NCD 2024
|
# |
Series 1 |
Series 2 |
Series 3 |
Series 4 |
Series 5 |
Series 6 |
Series 7 |
|
Frequency of Interest Payment |
Monthly |
Monthly |
Monthly |
Monthly |
Cumulative |
Cumulative |
Cumulative |
|
Nature |
Secured |
Secured |
Secured |
Secured |
Secured |
Secured |
Secured |
|
Tenor |
18 Months |
24 Months |
36 Months |
61 Months |
400 Days |
24 Months |
72 Months |
|
Coupon (% per Annum) |
10.25% |
10.80% |
11.25% |
12.00% |
NA |
NA |
NA |
|
Effective Yield (% per Annum) |
10.75% |
11.35% |
11.85% |
12.68% |
9.25% |
11.00% |
12.25% |
|
Amount on Maturity (In Rs.) |
Rs 1,000.00 |
Rs 1,000.00 |
Rs 1,000.00 |
Rs 1,000.00 |
Rs 1,101.81 |
Rs 1,232.00 |
Rs 2,000.00 |
Chemmanur Credits and Investments NCD Rating, NCD Review
Chemmanur Credits and Investments NCD has received a rating of IND BBB-/Stable by India Ratings and Research Private Limited.
How do I apply for Chemmanur Credits and Investments Limited NCD?
You can click here to apply for the Chemmanur Credits and Investments NCD.
FAQs
1. What is NCD?
A Non-Convertible Debenture is a fixed-income financial instrument that cannot be converted into equity shares and pays a fixed rate of interest to investors over a specific period. To read more about NCDs click here.
2. When will the Chemmanur Credits and Investments Limited NCD be open for subscription?
Chemmanur Credits and Investments Limited NCD issue opens on March 2, 2026, and closes on March 16, 2026.
3. What is the issue size and price of the NCD?
The overall subscription issue size is Rs 100 crores. Chemmanur Credits and Investments NCD issue price is Rs 1000 per NCD, and the face value is Rs 1000 for each NCD. The minimum lot size is 10 NCD.
4. How can I apply for the Chemmanur Credits and Investments Limited NCD?
You can click here to apply for the Chemmanur Credits and Investments NCD.
5. Who is appointed as a registrar of Chemmanur Credits and Investments Limited NCD?
Kfin Technologies Limited is appointed as the registrar for Chemmanur Credits and Investments NCD.
6. Lead manager for the Chemmanur Credits and Investments Limited NCD?
Chemmanur Credits and Investments Limited NCD lead manager(s) is Vivro Financial Services Private Limited.
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