Vivriti Capital's Rs 500 crore NCD issue opens: Should you invest?

Non-banking financial company (NBFC) Vivriti Capital on Friday opened its first public issue of non-convertible debentures (NCDs) to raise up to Rs 500 crore. The NCD has a face value of Rs 1,000 each for an amount up to Rs 250 crore (base issue size) with an option to retain oversubscription up to Rs 250 crore (green shoe option), cumulatively aggregating up to 50 lakh NCDs for an aggregate amount of up to Rs 500 crore