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10.02% Incred Financial Services NCD January 2023

Incred Financial Services

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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 OpenJanuary 9, 2023
NCD Issue CloseJanuary 27, 2023
NCD Issue SizeBase: 175 Cr. | Shelf: 350 Cr.
Price Band₹1000 per NCD
Interest RateUp to 10.02% ** (Annually)
Minimum Investment10 Bonds (₹1,000)
Listing onBSE and NSE Platform
Credit RatingCRISIL A+/Stable by CRISIL Ratings Limited
Tenor27 and 39 months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick 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

OptTenurePaymentCouponEff. Yield
I27 MonthQuarter9.45%9.78%
II27 MonthAnnual9.80%9.82%
III39 MonthQuarter9.65%10.00%
IV39 MonthAnnual10.00%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/

Incred Financial Services NCD January 2023 FAQs:


When is Incred Financial Services NCD Open?

Incred Financial Services NCD is to open on January 9 and close on January 27, 2023.

What is Incred Financial Services NCD Price?

The company has fixed the price at ₹1000 per NCD.

What is Incred Financial Services NCD Issue Size?

The NCD issue size is ₹175 crores.

On Which platform the Incred Financial Services NCD will list?

Incred Financial Services NCD will list on BSE and NSE Platforms.

How to apply for Incred Financial Services NCD?

You can apply from your existing Demat account online and offline.

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