Non-Convertible Debentures (NCDs) are fixed-income investment instruments issued by our company to raise capital. They offer investors a fixed rate of interest over a specified tenure. Unlike convertible debentures, NCDs cannot be converted into equity shares of the issuing company.
While both NCDs and FDs offer fixed returns, NCDs usually provide higher interest rates compared to traditional FDs. Additionally, NCDs are tradeable on stock exchanges, providing liquidity before maturity, whereas FDs generally cannot be traded.
Secured NCDs: Backed by the assets of the issuing company. In case of default, investors have a claim on these assets. Unsecured NCDs: Not backed by any specific assets. They carry a higher risk, but may offer higher interest rates to compensate for the additional risk
Muthalagu’s NCDs provide attractive interest rates of 12.50%, regular income through monthly interest payouts, and the backing of a well-established gold loan business with strong financials. As a gold loan company, our asset-backed business model ensures robust cash flows and lower default risks.
Minimum subscription shall be Rs 20,000/- and Maximum subscription will be less than Rs. 1,00,00,000/- (Rupees One Crore) for a single investor. The Tenure of the NCD is 3 years as fixed, it will be suited for your Short term investment and regular income goals.
A debenture holder shall have the right to redeem the debentures before maturity date any time after 3 years from the date of allotment. A Debenture holder redeemed the debentures before One year from the date of allotment will be received interest at 2% less than the interest rate of the completed period
Muthalagu Towers,
117/4, Meenakshipuram,
Theni Main Road,
Madurai,
Tamilnadu - 625018
