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 has a rating of CRISIL A by CRISIL. InCred Financial Services Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on 24 January 2022. InCred Financial Services will offer 9.65% interest rates on the NCDs. The NCDs tenure is for 370 days, 24 and 36 Months.
InCred Financial Services NCD Issue Details
| NCD Issue Open | 24 January 2022 |
| NCD Issue Close | 14 February 2022 |
| NCD Issue Size | Base: 125 Cr. | Shelf: 25 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 9.65% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Maximum Investment | 1,000 Bonds (₹10,00,000) |
| Listing on |
BSE & NSE Platform |
InCred Financial Services NCD Issue Rating
- CRISIL Rating: CRISIL A
InCred Financial Services NCD Issue Listing
- NCD Bonds to list on BSE & NSE platforms.
InCred Financial Services NCD Issue Promoters
- Mr. Bhupinder Singh
- Bee Finance Limited, Mauritius
How to Apply InCred Financial 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.
InCred Financial Services NCD (January 2022) Issue Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| I | 12 Months | Cumu | NA | 9.25% |
| II | 24 Months | Annual | 9.25% | 9.65% |
| III | 24 Months | Annual | NA | 9.52% |
InCred Financial Services NCD Lead Manager
- Edelweiss Financial Services Ltd
- Trust Investment Advisors Private Limited
InCred Financial Services NCD Allotment Status
- InCred Financial 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
InCred Financial 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/
InCred Financial Services NCD FAQs:
When is InCred Financial Services NCD Open?
InCred Financial Services NCD to open on January 28 and close on February 14, 2022.
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 ₹150 crores.
On Which platform the InCred Financial Services NCD will list?
InCred Financial Services NCD will list on BSE & 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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