
Cholamandalam Investment & Finance Co. Ltd., founded in 1978 and headquartered in Chennai, India, is a prominent non-banking financial company (NBFC) under the Murugappa Group. The company is dedicated to providing a diverse range of financial services, including vehicle finance, home loans, and loan against property, catering primarily to retail and small enterprise customers.
Bond Name | Country | Maturity | Coupon(%) | |||
---|---|---|---|---|---|---|
No data found! |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cholamandalam commenced its bond issuances in 2005, steadily building a reputation for reliability among fixed-income investors. Notable issuances include a ₹1,500 crore bond offering in 2021, which witnessed high demand from institutional investors, reflecting strong market confidence. The company's bonds typically feature attractive yields, currently averaging around 7.6%, which positions them competitively within the NBFC sector. Recent updates indicate plans for further bond issuances to support business growth and enhance liquidity, while the company's robust credit rating underscores its stability and commitment to shareholder value.