Dhani Loans and Services Limited, formerly Indiabulls Consumer Finance Limited is a non-deposit-taking NBFC registered with the RBI. They are 100% subsidiary of Dhani Services Limited (promoted by). The company recognized a great opportunity and ventured into the retail lending space with Dhani Loans and Services Limited. They have struck a sweet spot by providing a future-ready digitized product to its consumers with Dhani. Dhani is a completely online personal loan fulfillment offering that provides customers with money directly in their bank accounts. The company also caters to small and medium businesses by offering business and other Loans.
Dhani Loans and Services has a rating of IVR AA/ Stable Outlook by Infomerics Valuation and Rating Private Limited. Dhani Loans and Services Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on 04 January 2022. Dhani Loans and Services will offer 11.00% interest rates on the NCDs. The NCDs tenure is for 370 days, 24 and 36 Months.
Dhani Loans and Services NCD Issue Details
| NCD Issue Open | 04 January 2022 |
| NCD Issue Close | 27 January 2022 |
| NCD Issue Size | Base: 150 Cr. | Shelf: 150 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 11.00% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Maximum Investment | 1,000 Bonds (₹10,00,000) |
| Listing on | BSE & NSE Platform |
Dhani Loans and Services NCD Issue Rating
- Infomerics Valuation and Rating: IVR AA/ Stable
Dhani Loans and Services NCD Issue Listing
- NCD Bonds to list on BSE & BSE platforms.
Dhani Loans and Services NCD Issue Promoters
- Dhani Services Limited
How to Apply Dhani Loans and Services NCD Issue?
You can apply from your existing Demat account online and offline. You can apply via downloading the form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centers.
Dhani Loans and Services NCD (January 2022) Issue Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| I | 370 Days | Cumu | NA | 10.00% |
| II | 24 Months | Annual | 10.50% | 10.50% |
| III | 24 Months | Cumu | NA | 10.50% |
| IV | 24 Months | Month | 10.03% | 10.50% |
| V | 36 Months | Annual | 11.00% | 10.99% |
| VI | 36 Months | Cumu | NA | 11.00% |
| VII | 36 Months | Month | 10.49% | 11.00% |
Dhani Loans and Services NCD Lead Manager
- Edelweiss Financial Services Ltd
- Trust Investment Advisors Private Limited
Dhani Loans and Services NCD Allotment Status
- Dhani Loans and Services NCD issue allotment available on KFintech
NCD Registrar
KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
Company Information
Dhani Loans and Services Limited
M-62 & 63, First Floor,
Connaught Place,
New Delhi – 110 001
Phone: +91 11 3025 2900
Email: [email protected]
Website: https://www.dhaniloansandservices.com/
Dhani Loans and Services NCD FAQs:
When is Dhani Loans and Services NCD Open?
Dhani Loans and Services NCD to open on January 04 and close on January 27, 2022.
What is Dhani Loans and Services NCD Price?
The company has fixed the price at ₹1000 per NCD.
What is Dhani Loans and Services NCD Issue Size?
The NCD issue size is ₹150 crores.
On Which platform the Dhani Loans and Services NCD will list?
Dhani Loans and Services NCD will list on BSE & NSE Platforms.
How to apply for Dhani Loans and Services NCD?
You can Apply by clicking on the link: https://bit.ly/31u6Jfy.
