MoneyWorks4Me

Deepak Fertilisers planning to raise Rs 250 crore through NCDs

31 Oct 2017 Evaluate

Deepak Fertilisers and Petrochemicals Corporation (DFPCL) is planning to raise Rs 250 crore through private placement of Non-Convertible Debentures (NCDs) to replace its existing debt, subject to the approval of the shareholders of the company. The board of directors will meet on November 2, 2017 to consider for the same.

Deepak Fertilisers and Petrochemicals Corporation is a manufacturer of fertilizers. The company’s segments include Chemicals, which offers products, such as ammonia, methanol, dilute nitric acid (DNA), concentrated nitric acid (CAN), carbon dioxide (CO2) etc.

Peers
Company Name CMP
Godrej Industries 1099.35
SRF 2534.10
BASF India 3572.95
Pidilite Inds. 1570.55
Tata Chemicals 674.00
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