A non-banking finance company (NBFC) registered with the Reserve Bank of India, Indostar Capital Finance Limited has a national presence with more than 500 branches that cater to approximately 1 lakh+ clients. Their primary target market constitutes small-time retail clients in Tier 2, Tier 3 and Tier 4 towns. The company offers four types of services namely; financing for commercial vehicles, housing finance, small and medium enterprise (SME) loans as well as corporate lending. In addition, IndoStar Home Finance Private Limited and IndoStar Asset Advisory Private Limited are wholly-owned subsidiary divisions of this organization.
Indostar Capital Finance NCD September 2024 Details
| NCD Issue Open | September 6, 2024 |
| NCD Issue Close | September 19, 2024 |
| NCD Issue Size | Base: 150.00 Cr. | Shelf: [.] Cr. |
| Price Band | ₹1000 per NCD |
| Face Value | ₹1000 each NCD |
| Interest Rate | Up to 10.49% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE Platform |
| Credit Rating | CARE AA-/Stable by CARE Ratings Limited. |
| Tenor | 24, 36, and 60 Months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
Indostar Capital Finance NCD September 2024 Promoters
- BCP V Multiple Holdings Pte Ltd and Indostar Capital (Mauritius) are the promoters of the company.
How to Apply Indostar Capital Finance NCD September 2024 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.
Indostar Capital Finance NCD Review
- Avoid
Indostar Capital Finance NCD September 2024 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 24 Month | Annual | 10.5% | 10.5% |
| 2 | 24 Month | Cumu. | NA | 10.5% |
| 3 | 36 Months | Quarter | 10.3% | 10.7% |
| 4 | 36 Month | Annual | 10.7% | 10.7% |
| 7 | 60 Month | Annual | 10.5% | 10.49% |
Indostar Capital Finance NCD Allocation Ratio
| Category | Allocation |
| Institutional | 10% |
| Non-Institutional | 30% |
| HNI | 30% |
| Retail | 30% |
Indostar Capital Finance NCD September 2024 Lead Manager
- Nuvama Wealth Management Limited
Indostar Capital Finance NCD September 2024 Allotment Status
- Indostar Capital Finance NCD issue allotment available on LinkIntime.
Indostar Capital Finance NCD September 2024 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/initial_offer/public-issues.html
Company Information
Indostar Capital Finance Limited
Off No -301, Wing A, CTS No 477,
Silver Utopia, Chakala Road, Opp Proctor
Opp Proctor and Gamble, Andheri(E), Mumbai-400 099
Phone: +91 22 4315 7000
Email: [email protected]
Website: https://www.indostarcapital.com/
