Salem Erode Investm.
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Salem Erode Investments, a non-banking finance company, approved the issuance of 15,000 unlisted secured redeemable non-convertible debentures (NCDs) of ₹1,000 each, raising ₹1.5 crores on a private placement basis. The debentures will be offered in two tenures: 36 months with a 12% monthly coupon and a cumulative option, and 68 months with a doubling structure. The issue is fully secured against the company's current assets, loans and advances, including gold loan receivables. A debenture trustee, Vistra ITCL (India) Limited, will hold the charge. The company said the securities would remain unlisted and that allotment would occur within 30 days of receiving application money.
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Salem Erode Investments, a non-banking finance company, approved the issuance of 15,000 unlisted secured redeemable non-convertible debentures (NCDs) of ₹1,000 each, raising ₹1.5 crores on a private placement basis. The debentures will be offered in two tenures: 36 months with a 12% monthly coupon and a cumulative option, and 68 months with a doubling structure. The issue is fully secured against the company's current assets, loans and advances, including gold loan receivables. A debenture trustee, Vistra ITCL (India) Limited, will hold the charge. The company said the securities would remain unlisted and that allotment would occur within 30 days of receiving application money.
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June 17 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
SALEM ERODE INVESTMENTS - TO CONSIDER FUND RAISING VIA SECURED REDEEMABLE NCDS
Source text: ID:nBSEbSqMP4
Further company coverage: SLEM.BO
(([email protected];))
June 17 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
SALEM ERODE INVESTMENTS - TO CONSIDER FUND RAISING VIA SECURED REDEEMABLE NCDS
Source text: ID:nBSEbSqMP4
Further company coverage: SLEM.BO
(([email protected];))
March 24 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
APPROVES RIGHTS ISSUE OF SHARES FOR UP TO 229.3 MILLION RUPEES
Further company coverage: SLEM.BO
(([email protected];;))
March 24 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
APPROVES RIGHTS ISSUE OF SHARES FOR UP TO 229.3 MILLION RUPEES
Further company coverage: SLEM.BO
(([email protected];;))
April 1 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
SALEM ERODE INVESTMENTS LTD - TO CONSIDER PROPOSAL FOR FUND RAISING
Source text: ID:nBSE1HNx7v
Further company coverage: SLEM.BO
(([email protected];))
April 1 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
SALEM ERODE INVESTMENTS LTD - TO CONSIDER PROPOSAL FOR FUND RAISING
Source text: ID:nBSE1HNx7v
Further company coverage: SLEM.BO
(([email protected];))
March 7 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
APPROVES ISSUE OF NON-CONVERTIBLE DEBENTURES WORTH UPTO 5 MILLION RUPEES
Source text: ID:nBSE4GVHWk
Further company coverage: SLEM.BO
(([email protected];;))
March 7 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
APPROVES ISSUE OF NON-CONVERTIBLE DEBENTURES WORTH UPTO 5 MILLION RUPEES
Source text: ID:nBSE4GVHWk
Further company coverage: SLEM.BO
(([email protected];;))
March 4 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
SALEM ERODE INVESTMENTS LTD - TO CONSIDER FUND RAISING VIA NON-CONVERTIBLE DEBENTURES
Source text: ID:nBSELWKJB
Further company coverage: SLEM.BO
(([email protected];;))
March 4 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
SALEM ERODE INVESTMENTS LTD - TO CONSIDER FUND RAISING VIA NON-CONVERTIBLE DEBENTURES
Source text: ID:nBSELWKJB
Further company coverage: SLEM.BO
(([email protected];;))
Dec 19 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
SALEM ERODE INVESTMENTS LTD - TO CONSIDER FUND RAISING VIA NCDS UP TO 30 MILLION RUPEES
Source text: ID:nBSE8hBnYm
Further company coverage: SLEM.BO
(([email protected];))
Dec 19 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
SALEM ERODE INVESTMENTS LTD - TO CONSIDER FUND RAISING VIA NCDS UP TO 30 MILLION RUPEES
Source text: ID:nBSE8hBnYm
Further company coverage: SLEM.BO
(([email protected];))
Feb 5 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
APPROVED ISSUE OF UNLISTED SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES WORTH 50.7 MILLION RUPEES
Source text for Eikon: ID:nBSE3dWBpY
Further company coverage: SLEM.BO
(([email protected];))
Feb 5 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
APPROVED ISSUE OF UNLISTED SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES WORTH 50.7 MILLION RUPEES
Source text for Eikon: ID:nBSE3dWBpY
Further company coverage: SLEM.BO
(([email protected];))
Jan 4 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
APPROVED ISSUE OF NON-CONVERTIBLE DEBENTURES AGGREGATING TO 89.4 MILLION RUPEES
Source text for Eikon: ID:nBSE8m41Sz
Further company coverage: SLEM.BO
(([email protected];))
Jan 4 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
APPROVED ISSUE OF NON-CONVERTIBLE DEBENTURES AGGREGATING TO 89.4 MILLION RUPEES
Source text for Eikon: ID:nBSE8m41Sz
Further company coverage: SLEM.BO
(([email protected];))
June 8 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
TO CONSIDER ISSUE OF NON-CONVERTIBLE DEBENTURES AGGREGATING TO 6.2 MILLION RUPEES
Source text for Eikon: ID:nBSE9k9STn
Further company coverage: SLEM.BO
(([email protected];))
June 8 (Reuters) - Salem Erode Investments Ltd SLEM.BO:
TO CONSIDER ISSUE OF NON-CONVERTIBLE DEBENTURES AGGREGATING TO 6.2 MILLION RUPEES
Source text for Eikon: ID:nBSE9k9STn
Further company coverage: SLEM.BO
(([email protected];))
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Popular questions
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What does Salem Erode Investm. do?
Salem Erode Investments Limited is a non-banking finance company that focuses on making investments, providing loans, and engaging in various financial activities such as investing in equity shares, debt instruments, and mutual funds.
Who are the competitors of Salem Erode Investm.?
Salem Erode Investm. major competitors are Lakshmi Fin. & Indl, Capital Trust, Sainik Fin. & Inds., ARC Finance, Sita Enterprises, Futuristic Solutions, Morgan Ventures. Market Cap of Salem Erode Investm. is ₹44 Crs. While the median market cap of its peers are ₹43 Crs.
Is Salem Erode Investm. financially stable compared to its competitors?
Salem Erode Investm. seems to be less financially stable compared to its competitors. Altman Z score of Salem Erode Investm. is 1.96 and is ranked 6 out of its 8 competitors.
Does Salem Erode Investm. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Salem Erode Investm. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How strong is Salem Erode Investm. balance sheet?
The companies balance sheet of Salem Erode Investm. is weak, but was strong historically.
Is the profitablity of Salem Erode Investm. improving?
No, profit is decreasing. The profit of Salem Erode Investm. is -₹4.85 Crs for TTM, -₹4.72 Crs for Mar 2025 and -₹1.82 Crs for Mar 2024.
Is Salem Erode Investm. stock expensive?
Yes, Salem Erode Investm. is expensive. Latest PE of Salem Erode Investm. is 52.86, while 3 year average PE is 41.05. Also latest Price to Book of Salem Erode Investm. is 3.03 while 3yr average is 2.2.
Has the share price of Salem Erode Investm. grown faster than its competition?
Salem Erode Investm. has given better returns compared to its competitors. Salem Erode Investm. has grown at ~73.83% over the last 9yrs while peers have grown at a median rate of 1.67%
Is the promoter bullish about Salem Erode Investm.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Salem Erode Investm. is 75.0% and last quarter promoter holding is 75.0%.
Are mutual funds buying/selling Salem Erode Investm.?
There is Insufficient data to gauge this.