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-   -   Tata Capital Preference Shares (http://www.e-investing.in/fixed-income-instruments/7083-tata-capital-preference-shares.html)

rajivka 11th February 2017 10:14 AM

Tata Capital Preference Shares
I come to know that Tata Capital preferential shares issue is coming shortly. I have not invested in any preferential shares before but it is being presented similar to tax free bonds.

They are promising 7.5% dividend which would be tax free up to Rs 10 lakhs and after 7 years they would return my principal money.

I am new to this I want to understand if any one sees any catch here. Can this be true? What are the risks that I would not get my principal back?

Alchemist 14th February 2017 09:38 AM

It is difficult to comment on the issue without seeing the offer document.

There are many different types of preference shares and term and conditions vary greatly.

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