Indel Money Limited is one of the NBFC – non-deposit-taking non-banking finance companies that is registered with RBI in 2002. The company is offering gold loans, loans against property, business loans, and personal loans to high net-worth individuals, business institutions, retail investors, and the common man. They cater to Financial Services, Automobile, Hospitality, Infrastructure Development, Media, Communication, and Entertainment industries as well. They have their business spread in 5 states through 191 branches. The states they have their footprints are Karnataka, Tamil Nadu, Kerala, Andra Pradesh & Telangana & Union Territory of Puducherry.
Indel Money NCD June 2023 Issue Details
| NCD Issue Open | June 6, 2023 |
| NCD Issue Close | June 19, 2023 |
| NCD Issue Size | Base: 50 Cr. | Shelf: 100 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 12.25% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Listing on | BSE Platform |
| Credit Rating | CRISIL AA-/Negative and ACUITE AA-/ Negative |
| Tenor | BBB +/Stable rating by Crisil Ratings |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
Indel Money NCD June 2023 Promoters
- Indel Corporation Private Limited
How to Apply Indel Money NCD June 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.
Indel Money NCD June 2023 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 400 Days | Month | 9.00% | 9.38% |
| 2 | 400 Days | Cumu. | NA | 9.00% |
| 3 | 24 Month | Month | 10.50% | 11.02% |
| 4 | 24 Month | Cumu. | NA | 10.75% |
| 5 | 61 Month | Month | 11.50% | 12.13% |
| 6 | 61 Month | Cumu. | NA | 11.50% |
| 7 | 72 Month | Cumu. | NA | 12.25% |
Indel Money NCD June 2023 Lead Manager
- Vivro Financial Services Private Limited
Indel Money NCD June 2023 Allotment Status
- Indel Money NCD issue allotment available on KFintech.
Indel Money NCD June 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
Indel Money Limited
Office No.301, Floor No.3,
Sai Arcade N.S Road,
Mulund West, Mumbai – 400 080
Phone: +91 484 293 3989
Email: [email protected]
Website: http://www.indelmoney.com/
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