{"id":2807,"date":"2021-01-15T11:32:09","date_gmt":"2021-01-15T11:32:09","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=2807"},"modified":"2026-04-07T12:42:55","modified_gmt":"2026-04-07T12:42:55","slug":"ipo-power-finance-corporation-is-issuing-ncds-should-you-invest","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/","title":{"rendered":"IPO-Power Finance Corporation is issuing NCDs. Should you invest?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#Secured_Redeemable_Coupon_up_to_715\" >Secured | Redeemable | Coupon up to 7.15%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#Introduction_to_Power_Finance_Corporation_NCD\" >Introduction to Power Finance Corporation NCD<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#Credit_Rating_Agencies_study_the_debtors_credit_history_and_predict_the_ability_to_pay_back_the_bonds_or_other_debt_instruments_Based_on_these_and_other_relevant_parameters_Agencies_then_provide_a_forecast_on_the_debtor_defaulting_possibility\" >Credit Rating Agencies study the debtor\u2019s credit history and predict the ability to pay back the bonds or other debt instruments. Based on these and other relevant parameters, Agencies then provide a forecast on the debtor defaulting possibility.<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#About_Power_Corporation_Limited_India\" >About Power Corporation Limited India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#Financial_Performance_of_Power_Corporation_Limited_India\" >Financial Performance of Power Corporation Limited India<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#Strengths_of_Power_Corporation_Limited_India\" >Strengths of Power Corporation Limited India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#Want_to_strategize_your_investment_To_know_about_%E2%80%9C\" >Want to strategize your investment? To know about \u201c<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#Bond_Investment_Strategies%E2%80%9D_click_here\" >Bond Investment Strategies,\u201d click here.\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#Investment_Process\" >Investment Process:<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#To_know_how_to_invest_in_NCD-IPO_online_read_this_blog\" >To know how to invest in NCD-IPO online, read this blog.\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#Explore_Bonds\" >Explore Bonds<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#IndiaS_1_Online_Platform_for_Bond_Investment\" >India&#8217;S # 1 Online Platform for Bond Investment<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Secured_Redeemable_Coupon_up_to_715\"><\/span><span style=\"font-weight: 400; color: #808080;\">Secured | Redeemable | Coupon up to 7.15%<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Introduction_to_Power_Finance_Corporation_NCD\"><\/span>Introduction to Power Finance Corporation NCD<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Power Finance Corporation Limited is issuing non-convertible, redeemable debentures. The total issue size is Rs. 5000 crores. There are seven types of NCDs with varying coupon rate and tenure. The coupon rate varies from 4.8% to 7.15%, and tenure ranges from 3 years to 15 years. These securities are \u2018AAA\u2019 by CARE, ICRA, and CRISIL. Call or Put options are not attached to these NCDs.These are PSU bonds and will be listed on BSE; hence liquidity is high. The minimum investment amount is Rs. 10,0000 only. Resident Indians and HUFs can invest in these NCDs, but Foreign Institutional Investors and NRIs are not eligible.\u00a0<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-2810\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113349\/Final-Table-IPO-pfc1-300x134.jpg\" alt=\"\" width=\"757\" height=\"338\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113349\/Final-Table-IPO-pfc1-300x134.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113349\/Final-Table-IPO-pfc1-768x342.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113349\/Final-Table-IPO-pfc1-585x261.jpg 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113349\/Final-Table-IPO-pfc1.jpg 824w\" sizes=\"(max-width: 757px) 100vw, 757px\" \/><\/p>\n<hr \/>\n<h4 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Credit_Rating_Agencies_study_the_debtors_credit_history_and_predict_the_ability_to_pay_back_the_bonds_or_other_debt_instruments_Based_on_these_and_other_relevant_parameters_Agencies_then_provide_a_forecast_on_the_debtor_defaulting_possibility\"><\/span><a href=\"https:\/\/goldenpi.com\/blog\/essentials\/bond-market\/credit-rating-agencies\">Credit Rating Agencies study the debtor\u2019s credit history and predict the ability to pay back the bonds or other debt instruments. Based on these and other relevant parameters, Agencies then provide a forecast on the debtor defaulting possibility.<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<hr \/>\n<h2><span class=\"ez-toc-section\" id=\"About_Power_Corporation_Limited_India\"><\/span><b>About Power Corporation Limited India<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">PFC Limited is the largest NBFC (Non-Banking Financial Company) in India. It was founded in 1986. It is a Public Sector Undertaking with the majority of the stake being owned by the Government of India.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Financial_Performance_of_Power_Corporation_Limited_India\"><\/span><b>Financial Performance of Power Corporation Limited India<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">\u00a0 \u00a016% growth in the Total Income in FY 2019-2020. <\/span><span style=\"font-weight: 400;\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/span> <span style=\"font-weight: 400;\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <img decoding=\"async\" class=\"alignnone wp-image-2822\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18114854\/Financial-Data-1-300x188.jpg\" alt=\"\" width=\"667\" height=\"418\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18114854\/Financial-Data-1-300x188.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18114854\/Financial-Data-1-768x482.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18114854\/Financial-Data-1-585x368.jpg 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18114854\/Financial-Data-1.jpg 885w\" sizes=\"(max-width: 667px) 100vw, 667px\" \/><\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Strengths_of_Power_Corporation_Limited_India\"><\/span><b>Strengths of Power Corporation Limited India<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\"><img decoding=\"async\" class=\"wp-image-2811 alignleft\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113402\/Untitled-design-80-300x293.png\" alt=\"\" width=\"55\" height=\"53\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113402\/Untitled-design-80-300x293.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113402\/Untitled-design-80-480x473.png 480w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113402\/Untitled-design-80.png 485w\" sizes=\"(max-width: 55px) 100vw, 55px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Government of India owns 52.65% of the stake.\u00a0\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img decoding=\"async\" class=\" wp-image-2812 alignleft\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113412\/Untitled-design-82-300x167.png\" alt=\"\" width=\"71\" height=\"40\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113412\/Untitled-design-82-300x167.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113412\/Untitled-design-82.png 473w\" sizes=\"(max-width: 71px) 100vw, 71px\" \/>Key Financial Partner for Government in the Power sector\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img decoding=\"async\" class=\"wp-image-2813 alignleft\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113420\/Untitled-design-83-300x200.png\" alt=\"\" width=\"69\" height=\"46\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113420\/Untitled-design-83-300x200.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113420\/Untitled-design-83-263x175.png 263w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18113420\/Untitled-design-83.png 465w\" sizes=\"(max-width: 69px) 100vw, 69px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">Highest domestic long term rating of \u2018AAA.\u2019<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"wp-image-2820 alignnone\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18114525\/IPO-pfc2-1-300x116.jpg\" alt=\"\" width=\"649\" height=\"251\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18114525\/IPO-pfc2-1-300x116.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/18114525\/IPO-pfc2-1.jpg 499w\" sizes=\"(max-width: 649px) 100vw, 649px\" \/><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Want_to_strategize_your_investment_To_know_about_%E2%80%9C\"><\/span><a href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/strategy\/3-strategies-for-investing-in-bonds\">Want to strategize your investment? To know about \u201c<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Bond_Investment_Strategies%E2%80%9D_click_here\"><\/span><a href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/strategy\/3-strategies-for-investing-in-bonds\">Bond Investment Strategies,\u201d click here.\u00a0<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<hr \/>\n<p>&nbsp;<\/p>\n<h1><span class=\"ez-toc-section\" id=\"Investment_Process\"><\/span><span style=\"font-weight: 400;\">Investment Process:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><span style=\"font-weight: 400;\">IPOs are facilitated by entities called Lead Managers. Generally, these lead managers are brokerage firms. Investors need to apply for IPO through lead managers, and once the allotment is made, investors will receive the bond units in their Demat account.<\/span><b>\u00a0<\/b><\/p>\n<p><b><i>You can invest in IPOs via GoldenPi in three steps.\u00a0<\/i><\/b><\/p>\n<p><img decoding=\"async\" class=\"wp-image-2748 aligncenter\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2020\/12\/18101648\/ImageMuthoot-1-300x261.jpg\" alt=\"\" width=\"444\" height=\"386\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2020\/12\/18101648\/ImageMuthoot-1-300x261.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2020\/12\/18101648\/ImageMuthoot-1-585x509.jpg 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2020\/12\/18101648\/ImageMuthoot-1.jpg 689w\" sizes=\"(max-width: 444px) 100vw, 444px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Step 1: <\/span><b>Apply for IPO on Goldenpi.com<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Click \u2018Apply\u2019 on Bond IPO. You will receive the application via email from your Relationship Manager at GoldenPi.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Step 2: <\/span><b>Fill up the form and send it to GoldenPi.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Fill up the form with the required information. Take a photo of your form and share it with your Relationship Manager for bidding on exchange.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Courier the filled up IPO form to our office address as early as possible. The issue closes by 29th January 2021.<\/span><\/p>\n<p><span style=\"color: #999999;\"><em><span style=\"font-weight: 400;\">Our Address: IndiQube Orion, Ground Floor,<\/span><\/em><\/span><\/p>\n<p><span style=\"color: #999999;\"><em><span style=\"font-weight: 400;\">24th Main Road, Garden Layout, Sector 2,<\/span><\/em><\/span><\/p>\n<p><span style=\"color: #999999;\"><em><span style=\"font-weight: 400;\">HSR Layout, Bangalore, Pincode: 560102<\/span><\/em><\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"To_know_how_to_invest_in_NCD-IPO_online_read_this_blog\"><\/span><a href=\"https:\/\/goldenpi.com\/blog\/essentials\/how-to-invest-in-ncd-ipo-online\/\">To know how to invest in NCD-IPO online, read this blog.\u00a0<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<hr \/>\n<p><span style=\"font-weight: 400;\">Step 3.<\/span><b> IPO allotment<\/b><\/p>\n<p><span style=\"font-weight: 400;\">IPO will be allotted to you on a first-come, first-serve basis and credited to your Demat account.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b><i>Please note that in case of oversubscription, the IPO can close well before 29th January 2021.<\/i><\/b><\/p>\n<h1><\/h1>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h1><\/h1>\n<h1><\/h1>\n<h1 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Explore_Bonds\"><\/span><strong><a href=\"https:\/\/goldenpi.com\/\">Explore Bonds <\/a><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<h4 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"IndiaS_1_Online_Platform_for_Bond_Investment\"><\/span>India&#8217;S # 1 Online Platform for Bond Investment<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<div id=\"footable_parent_7803\"\n         class=\" footable_parent ninja_table_wrapper loading_ninja_table wp_table_data_press_parent semantic_ui \">\n                <div class=\"pcrstb-wrap\"><table data-ninja_table_instance=\"ninja_table_instance_0\" data-footable_id=\"7803\" data-filter-delay=\"1000\" aria-label=\"IPO Table - Power Finance .csv\"            id=\"footable_7803\"\n           data-unique_identifier=\"ninja_table_unique_id_1863466940_7803\"\n           class=\" foo-table ninja_footable foo_table_7803 ninja_table_unique_id_1863466940_7803 ui table  nt_type_legacy_table selectable striped vertical_centered  footable-paging-right ninja_table_pro\">\n                <colgroup>\n                            <col class=\"ninja_column_0 \">\n                            <col class=\"ninja_column_1 \">\n                            <col class=\"ninja_column_2 \">\n                            <col class=\"ninja_column_3 \">\n                            <col class=\"ninja_column_4 \">\n                            <col class=\"ninja_column_5 \">\n                            <col class=\"ninja_column_6 \">\n                    <\/colgroup>\n        <thead>\n<tr class=\"footable-header\">\n                                                                                                                        <th scope=\"col\"  class=\"ninja_column_0 ninja_clmn_nm_details \">Details <\/th><th scope=\"col\"  class=\"ninja_column_1 ninja_clmn_nm_maximumyield \">Maximum yield<\/th><th scope=\"col\"  class=\"ninja_column_2 ninja_clmn_nm_overallissuesize \">Overall Issue Size\t<\/th><th scope=\"col\"  class=\"ninja_column_3 ninja_clmn_nm_creditrating \">Credit Rating<\/th><th scope=\"col\"  class=\"ninja_column_4 ninja_clmn_nm_startdate \">Start Date<\/th><th scope=\"col\"  class=\"ninja_column_5 ninja_clmn_nm_closingdate \">Closing Date<\/th><th scope=\"col\"  class=\"ninja_column_6 ninja_clmn_nm_formoredetails \">For more details<\/th><\/tr>\n<\/thead>\n<tbody>\n\n        <tr data-row_id=\"113\" class=\"ninja_table_row_0 nt_row_id_113\">\n            <td>Power Finance Corporation NCD IPO January 2021<\/td><td>7.15%<\/td><td>5000 cr<\/td><td>ICRA, CRISIL, CARE AAA<\/td><td>January 15, 2021<\/td><td>January 29, 2021<\/td><td><a   class=\"nt_btn \" style=\"\" rel=\"\" href=\"https:\/\/goldenpi.com\/blog\/power-finance-corporation\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/\">More Details <\/a><\/td>        <\/tr>\n    <\/tbody><!--ninja_tobody_rendering_done-->\n    <\/table><\/div>\n    \n    \n    \n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Secured | Redeemable | Coupon up to 7.15% Introduction to Power Finance Corporation NCD Power Finance Corporation Limited is issuing non-convertible, redeemable&hellip;<\/p>\n","protected":false},"author":4,"featured_media":12111,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[113],"tags":[37,79,80,83],"class_list":["post-2807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ncd-ipo","tag-bond-investment","tag-ipo","tag-bond-ipo","tag-power-finance-corporation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IPO-Power Finance Corporation is issuing NCDs. Should you invest? - GoldenPi | Blogs<\/title>\n<meta name=\"description\" content=\"IPO-Power Finance Corporation is issuing NCDs. Should you invest?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IPO-Power Finance Corporation is issuing NCDs. Should you invest? - GoldenPi | Blogs\" \/>\n<meta property=\"og:description\" content=\"IPO-Power Finance Corporation is issuing NCDs. Should you invest?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/\" \/>\n<meta property=\"og:site_name\" content=\"GoldenPi | Blogs\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/goldenpitech\" \/>\n<meta property=\"article:author\" content=\"goldenpitech\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-15T11:32:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-07T12:42:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/25111106\/Power-Finance-Corporation-NCD-IPO-%E2%80%93-Should-You-Invest.png\" \/>\n\t<meta property=\"og:image:width\" content=\"731\" \/>\n\t<meta property=\"og:image:height\" content=\"347\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@GoldenPiTech\" \/>\n<meta name=\"twitter:site\" content=\"@GoldenPiTech\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/\",\"url\":\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/\",\"name\":\"IPO-Power Finance Corporation is issuing NCDs. Should you invest? - GoldenPi | Blogs\",\"isPartOf\":{\"@id\":\"https:\/\/goldenpi.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/25111106\/Power-Finance-Corporation-NCD-IPO-%E2%80%93-Should-You-Invest.png\",\"datePublished\":\"2021-01-15T11:32:09+00:00\",\"dateModified\":\"2026-04-07T12:42:55+00:00\",\"author\":{\"@id\":\"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/7b7afc706617dbf29357675946045722\"},\"description\":\"IPO-Power Finance Corporation is issuing NCDs. Should you invest?\",\"breadcrumb\":{\"@id\":\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#primaryimage\",\"url\":\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/25111106\/Power-Finance-Corporation-NCD-IPO-%E2%80%93-Should-You-Invest.png\",\"contentUrl\":\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/25111106\/Power-Finance-Corporation-NCD-IPO-%E2%80%93-Should-You-Invest.png\",\"width\":731,\"height\":347,\"caption\":\"Power Finance Corporation NCD IPO\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/goldenpi.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IPO-Power Finance Corporation is issuing NCDs. Should you invest?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/goldenpi.com\/blog\/#website\",\"url\":\"https:\/\/goldenpi.com\/blog\/\",\"name\":\"GoldenPi | Blogs\",\"description\":\"All about bonds online in India\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/goldenpi.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/7b7afc706617dbf29357675946045722\",\"name\":\"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/753eff78609551874c9773d3bee5eeab7bba3aa40f99a8b2405592eed9d9df89?s=96&d=https%3A%2F%2Fd2zny4996dl67j.cloudfront.net%2Fblogs%2Fwp-content%2Fuploads%2F2026%2F01%2F12111941%2FAbhijit-512x512-1-1-150x150.png&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/753eff78609551874c9773d3bee5eeab7bba3aa40f99a8b2405592eed9d9df89?s=96&d=https%3A%2F%2Fd2zny4996dl67j.cloudfront.net%2Fblogs%2Fwp-content%2Fuploads%2F2026%2F01%2F12111941%2FAbhijit-512x512-1-1-150x150.png&r=g\",\"caption\":\"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi\"},\"description\":\"With over 15 years of experience across fixed income and debt markets, he brings deep domain expertise along with a strong focus on investor education and transparency. An alumnus of IIT Kharagpur and IIM Calcutta, his views are personal and should not be considered investment advice.\",\"sameAs\":[\"goldenpitech\",\"https:\/\/www.linkedin.com\/company\/goldenpi\/\",\"https:\/\/x.com\/GoldenPiTech\"],\"url\":\"https:\/\/goldenpi.com\/blog\/author\/goldenpi\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IPO-Power Finance Corporation is issuing NCDs. Should you invest? - GoldenPi | Blogs","description":"IPO-Power Finance Corporation is issuing NCDs. Should you invest?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/","og_locale":"en_US","og_type":"article","og_title":"IPO-Power Finance Corporation is issuing NCDs. Should you invest? - GoldenPi | Blogs","og_description":"IPO-Power Finance Corporation is issuing NCDs. Should you invest?","og_url":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/","og_site_name":"GoldenPi | Blogs","article_publisher":"https:\/\/www.facebook.com\/goldenpitech","article_author":"goldenpitech","article_published_time":"2021-01-15T11:32:09+00:00","article_modified_time":"2026-04-07T12:42:55+00:00","og_image":[{"width":731,"height":347,"url":"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/25111106\/Power-Finance-Corporation-NCD-IPO-%E2%80%93-Should-You-Invest.png","type":"image\/png"}],"author":"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi","twitter_card":"summary_large_image","twitter_creator":"@GoldenPiTech","twitter_site":"@GoldenPiTech","twitter_misc":{"Written by":"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/","url":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/","name":"IPO-Power Finance Corporation is issuing NCDs. Should you invest? - GoldenPi | Blogs","isPartOf":{"@id":"https:\/\/goldenpi.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#primaryimage"},"image":{"@id":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#primaryimage"},"thumbnailUrl":"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/25111106\/Power-Finance-Corporation-NCD-IPO-%E2%80%93-Should-You-Invest.png","datePublished":"2021-01-15T11:32:09+00:00","dateModified":"2026-04-07T12:42:55+00:00","author":{"@id":"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/7b7afc706617dbf29357675946045722"},"description":"IPO-Power Finance Corporation is issuing NCDs. Should you invest?","breadcrumb":{"@id":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#primaryimage","url":"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/25111106\/Power-Finance-Corporation-NCD-IPO-%E2%80%93-Should-You-Invest.png","contentUrl":"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2021\/01\/25111106\/Power-Finance-Corporation-NCD-IPO-%E2%80%93-Should-You-Invest.png","width":731,"height":347,"caption":"Power Finance Corporation NCD IPO"},{"@type":"BreadcrumbList","@id":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/ipo-power-finance-corporation-is-issuing-ncds-should-you-invest\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/goldenpi.com\/blog\/"},{"@type":"ListItem","position":2,"name":"IPO-Power Finance Corporation is issuing NCDs. Should you invest?"}]},{"@type":"WebSite","@id":"https:\/\/goldenpi.com\/blog\/#website","url":"https:\/\/goldenpi.com\/blog\/","name":"GoldenPi | Blogs","description":"All about bonds online in India","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/goldenpi.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/7b7afc706617dbf29357675946045722","name":"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/goldenpi.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/753eff78609551874c9773d3bee5eeab7bba3aa40f99a8b2405592eed9d9df89?s=96&d=https%3A%2F%2Fd2zny4996dl67j.cloudfront.net%2Fblogs%2Fwp-content%2Fuploads%2F2026%2F01%2F12111941%2FAbhijit-512x512-1-1-150x150.png&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/753eff78609551874c9773d3bee5eeab7bba3aa40f99a8b2405592eed9d9df89?s=96&d=https%3A%2F%2Fd2zny4996dl67j.cloudfront.net%2Fblogs%2Fwp-content%2Fuploads%2F2026%2F01%2F12111941%2FAbhijit-512x512-1-1-150x150.png&r=g","caption":"Abhijit Roy, CEO &amp; CO-Founder - GoldenPi"},"description":"With over 15 years of experience across fixed income and debt markets, he brings deep domain expertise along with a strong focus on investor education and transparency. An alumnus of IIT Kharagpur and IIM Calcutta, his views are personal and should not be considered investment advice.","sameAs":["goldenpitech","https:\/\/www.linkedin.com\/company\/goldenpi\/","https:\/\/x.com\/GoldenPiTech"],"url":"https:\/\/goldenpi.com\/blog\/author\/goldenpi\/"}]}},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/posts\/2807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/comments?post=2807"}],"version-history":[{"count":20,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/posts\/2807\/revisions"}],"predecessor-version":[{"id":7806,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/posts\/2807\/revisions\/7806"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/media\/12111"}],"wp:attachment":[{"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/media?parent=2807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/categories?post=2807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldenpi.com\/blog\/wp-json\/wp\/v2\/tags?post=2807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}