Incred Financial Services Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on January 9, 2023. Incred Financial Services will offer 10.02% interest rates on the NCDs. Incred Financial Services NCD has a rating of CRISIL A+/Stable by CRISIL Ratings Limited.. The NCDs tenure is for 27 and 39 months. Check out Incred Financial Services NCD 2023 details here.
InCred Financial Services Limited is a non-deposit-taking NBFC registered with the RBI. The company is providing personal loans, education loans, SME loans, and more. Their business is divided into 4 parts (1) Personal Loans (2) Education Loans (3) SME Business Loans and, (4) Digital MSME Loans. The company is using new-age financial services platform that leverages technology and data-science to make lending quick and easy.
Incred Financial Services NCD January 2023 Issue Details
| NCD Issue Open | January 9, 2023 |
| NCD Issue Close | January 27, 2023 |
| NCD Issue Size | Base: 175 Cr. | Shelf: 350 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 10.02% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Listing on | BSE and NSE Platform |
| Credit Rating | CRISIL A+/Stable by CRISIL Ratings Limited |
| Tenor | 27 and 39 months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
Incred Financial Services NCD January 2023 Promoters
- InCred Holdings Limited
- Bhupinder Singh
How to Apply Incred Financial Services NCD January 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.
Incred Financial Services NCD January 2023 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| I | 27 Month | Quarter | 9.45% | 9.78% |
| II | 27 Month | Annual | 9.80% | 9.82% |
| III | 39 Month | Quarter | 9.65% | 10.00% |
| IV | 39 Month | Annual | 10.00% | 10.02% |
Incred Financial Services NCD January 2023 Lead Manager
- JM Financial Limited
Incred Financial Services NCD January 2023 Allotment Status
- Incred Financial Services NCD issue allotment available on Linkintime.
Incred Financial Services NCD January 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
Incred Financial Services Limited
Unit No. 1203, 12th Floor, B Wing, The Capital,
Plot No. C-70, G Block, Bandra Kurla Complex,
Bandra (East), Mumbai – 400 051
Phone: +91 22 6844 6100
Email: [email protected]
Website: http://www.incred.com/
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