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12.25% Indel Money NCD June 2023

Date:

Indel Money Limited is one of the NBFC – non-deposit-taking non-banking finance companies that is registered with RBI in 2002. The company is offering gold loans, loans against property, business loans, and personal loans to high net-worth individuals, business institutions, retail investors, and the common man. They cater to Financial Services, Automobile, Hospitality, Infrastructure Development, Media, Communication, and Entertainment industries as well. They have their business spread in 5 states through 191 branches. The states they have their footprints are Karnataka, Tamil Nadu, Kerala, Andra Pradesh & Telangana & Union Territory of Puducherry.

Indel Money NCD June 2023 Issue Details

NCD Issue Open June 6, 2023

NCD Issue Close June 19, 2023

NCD Issue Size Base: 50 Cr. | Shelf: 100 Cr.

Price Band ₹1000 per NCD

Interest Rate Up to 12.25% ** (Annually)

Minimum Investment 10 Bonds (₹1,000)

Listing on BSE Platform

Credit Rating CRISIL AA-/Negative and ACUITE AA-/ Negative

Tenor BBB +/Stable rating by Crisil Ratings

Basis of Allotment First Come First Serve Basis

DRHP Document Click Here

RHP Document Click Here

Indel Money NCD June 2023 Promoters

  • Indel Corporation Private Limited

How to Apply Indel Money NCD June 2023 Issue?

You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.

Indel Money NCD June 2023 Tenure & Interest Rates

Opt Tenure Payment Coupon Eff. Yield

1 400 Days Month 9.00% 9.38%

2 400 Days Cumu. NA 9.00%

3 24 Month Month 10.50% 11.02%

4 24 Month Cumu. NA 10.75%

5 61 Month Month 11.50% 12.13%

6 61 Month Cumu. NA 11.50%

7 72 Month Cumu. NA 12.25%

Indel Money NCD June 2023 Lead Manager

  • Vivro Financial Services Private Limited

Indel Money NCD June 2023 Allotment Status

  • Indel Money NCD issue allotment available on KFintech.

Indel Money NCD June 2023 Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Company Information

Indel Money Limited
Office No.301, Floor No.3,
Sai Arcade N.S Road,
Mulund West, Mumbai – 400 080
Phone: +91 484 293 3989
Email: [email protected]
Website: http://www.indelmoney.com/

Indel Money NCD June 2023 FAQs:

When is Indel Money NCD Open?

Indel Money NCD is to open on June 6 and close on June 19, 2023.

What is Indel Money NCD Price?

The company has fixed the price at ₹1000 per NCD.

What is Indel Money NCD Issue Size?

The NCD issue size is ₹50 crores.

On Which platform the Indel Money NCD will list?

Indel Money NCD will list on BSE Platforms.

How to apply for Indel Money NCD?

You can apply from your existing Demat account online and offline.

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