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Dhani Loans and Services NCD April 2022 Date, Rating & Interest Rates

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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. Dhani Loans and Services Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on 19 April 2022. Dhani Loans and Services will offer 11.00% interest rates on the NCDs. The NCDs tenure is for 370 days, 24 months, and 36 months.
Dhani Loans and Services

Dhani Loans and Services NCD April 2022 Issue Details

 NCD Issue Open 19 April 2022
 NCD Issue Close 10 May 2022
 NCD Issue Size Base: 100 Cr. | Shelf: 100 Cr.
 Price Band ₹1000 per NCD
 Interest Rate Up to  11.00% ** (Annually)
 Minimum Investment 10 Bonds (₹1,000)
 Listing on
 BSE & NSE Platform

Dhani Loans and Services NCD April 2022 Rating

  • Credit Rating: IVR AA/ Stable Outlook

Dhani Loans and Services NCD April 2022 Listing

  • NCD Bonds to list on BSE & NSE platforms.

Dhani Loans and Services NCD April 2022 Promoters

  • Dhani Services Limited

How to Apply Dhani Loans and Services NCD April 2022 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.

Dhani Loans and Services NCD April 2022 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
I370 DaysCummNA10.00%
II24 MonthAnnual10.50%10.49%
III24 MonthCummNA10.50%
IV24 MonthMonth10.03%10.50%
V36 MonthAnnual11.00%10.99%
VI36 MonthCummNA11.00%
VII36 MonthMonth10.49%11.00%

Dhani Loans and Services NCD April 2022 Lead Manager

  • Edelweiss Financial Services Ltd
  • Trust Investment Advisors Private Limited

Dhani Loans and Services NCD April 2022 Allotment Status

  • Dhani Loans and Services NCD issue allotment available on KFintech

Dhani Loans and Services NCD April 2022 Registrar

KFin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
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 4353 2950
Website: http://www.dhaniloansandservices.com/

Dhani Loans and Services NCD April 2022 FAQs:

When is Dhani Loans and Services NCD Open?

Dhani Loans and Services NCD is to open on April 19 and close on May 10, 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 ₹100 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 from your existing Demat account online and offline.

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