Archive · 17 Dec 2025
Tata Chemicals raises Rs 1,500 crore via NCDs
Tata Chemicals, a big company in India, raised a lot of money, Rs 1,500 crore, by selling special loans called NCDs.
These NCDs are like IOUs that pay a fixed amount of interest every year.
The company sold 1,50,000 of these IOUs, each worth Rs 1 lakh, to special investors.
The money raised will help the company for a long time, about 2 years and 364 days.
The NCDs will be listed on a big stock exchange in India called NSE.
Even though the company raised this money, its stock price has gone down by almost 27.5% this year.
Tata Chemicals raised Rs 1,500 crore through the issuance of 1,50,000 NCDs.
The NCDs have a face value of Rs 1 lakh each and a fixed coupon rate of 7.06%.
The debentures have a tenure of 2 years and 364 days.
The NCDs were issued to identified investors on a private placement basis.
The share price of Tata Chemicals has declined by 27.49% year-to-date.
- Who
- Tata Chemicals
- What
- Raised Rs 1,500 crore through NCDs
- When
- December 17, 2023
- Where
- India
- Why
- To raise long-term funds
- Amount Raised
- Rs 1,500 crore
- Type of Debt
- Non-Convertible Debentures (NCDs)
- Coupon Rate
- 7.06%
- Tenure
- 2 years and 364 days
- Face Value per NCD
- Rs 1 lakh
- Number of NCDs Issued
- 1,50,000
- Listing Exchange
- National Stock Exchange of India (NSE)
- Share Price Decline (YTD)
- 27.49%