10.40% Indiabulls Consumer Finance NCD May 2019 Issue Dates, Rating & Interest Rates

Vijay Prajapati
May 30, 2019

Vijay Prajapati

Indiabulls Consumer Finance is coming up with Secured Redeemable & Non-Convertible Debentures Secured NCDs. The subscription to start from 30th May 2019. Indiabulls Consumer Finance will offer 10.40% interest rates on the NCDs. Indiabulls Consumer Finance incorporated in 1994. The company is a NBFC and 100% subsidiary of Indiabulls Ventures Limited. The product called Indiabulls Dhani an online personal loan fulfilment offerings. They offer loans to individuals, small and medium businesses. They are operating in 18 cities with over 900 individuals working with company. They have over 6 lakh customers as well. The NCDs tenure of 400 days, 24 months, 38 months and 60 months.

Indiabulls Consumer Finance NCD Issue Details:

NCD Issue Open: 30 May 2019
NCD Issue Close: 21 June 2019
NCD Issue Size: Rs.1000 Crore
Price Band: Rs.1000
Interest Rate: Upto 10.40% ** (Annually)
Minimum Investment: 10 Bonds (Rs 10,000)
Maximum Investment: 1,000 Bonds (Rs 10,00,000)
Listing: BSE, NSE

Indiabulls Consumer Finance NCD Issue Rating:

CARE Ratings: CARE AA Stable
Brickwork Ratings: BWR AA+

Indiabulls Consumer Finance NCD Issue Listing:

NCD Bonds will be list on BSE & NSE.

Indiabulls Consumer Finance NCD Issue Promoters:

Indiabulls Venturs Limited

How to Apply Indiabulls Consumer Finance NCD Issue?
You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.

Indiabulls Consumer Finance NCD (May 2019) Issue Tenure & Interest Rates: Details

Annual	Monthly	Annual	Cumulative
400 Days	–	–	10.00%
24 Months	–	10.25%	10.25%
36 Months	10.41%	10.40%	10.40
60 Months	10.60%	10.60%	10.60%

Indiabulls Consumer Finance NCD Lead Manager:

A.K. Capital Services Limited
Axis Bank Limited
Edelweiss Capital Limited
Trust Investment Advisors Private Limited

Indiabulls Consumer Finance NCD (May 2019) Allotment Status:

Indiabulls Consumer Finance NCD issue allotment available on karvy.com

NCD Registrar:
Karvy Computershare Private Limited
Karvy Registry House, 8-2-596, St. No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India
Phone: +91-40-23312454
Email: [email protected]
Website: https://karisma.karvy.com/

Company Information:
Indiabulls Consumer Finance Limited
Indiabulls House,
Indiabulls Finance Centre, Senapati Bapat Marg,
Elphinstone Road, Mumbai 400 013
Phone: +91 22 6189 1000
Email: [email protected]
Website: http://www.indiabullsconsumerfinance.com