Indel Money NCD October 2025 – Effective Yield 12.25% p.a.

Indel Money Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on October 13, 2025. Indel Money will offer 12.25% interest rates on the NCDs. Indel Money NCD has a rating of A- Stable by Infomerics Valuation and Rating Private Limited. The NCDs tenure is for 366 Days, 24, 36, 60, and 72 Months. Check out Indel Money NCD 2025 details here.

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Indel Money About us

Indel Money Limited was founded in 1986 and is known as a non-deposit-taking non-banking finance company registered with the RBI. Further, the company gives gold loans by taking household gold jewelry as security. It also offers loans against property, business loans, and personal loans. 

Most of the company’s gold loan customers are from rural and semi-urban areas. As of August 31, 2024, it had 320 branches across Kerala, Tamil Nadu, Karnataka, Odisha, Maharashtra, Telangana, and Puducherry. Indel Money Limited’s revenue grew by 55%, and its profit after tax went up by 94% between the financial years ending March 31, 2023, and March 31, 2024.


Indel Money NCD October 2025 Details

NCD Issue OpenOctober 13, 2025
NCD Issue CloseOctober 28, 2025
NCD Issue SizeBase: 150 Cr. | Shelf: [.] Cr.
Price Band₹1000 per NCD
Interest RateUp to 12.25% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE Platform
Credit RatingA- Stable by Infomerics Valuation and Rating Private Limited
Tenor366 Days, 24, 36, 60, and 72 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

Indel Money NCD October 2025 Promoters

  • The promoter of the company is Indel Corporation Private Limited

How to Apply Indel Money NCD October 2025 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 Review

  • May Apply

Indel Money NCD October 2025 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
1366 DaysMonth9.00%9.38%
2366 DaysCumu.NA9.00%
324 MonthMonth9.75%10.30%
424 MonthCumu.NA9.75%
536 MonthMonth10.25%10.74%
636 MonthCumu.NA10.25%
760 MonthMonth11.25%11.94%
872 MonthCumu.NA12.25%

Indel Money NCD Allocation Ratio

CategoryAllocation
Institutional10%
Non-Institutional40%
HNI00%
Retail50%

Indel Money NCD October 2025 Lead Manager

  • Incred Capital Financial Services Pvt.Ltd.
  • Trust Investment Advisors Pvt. Ltd.

Indel Money NCD October 2025 Allotment Status

  • Indel Money NCD issue allotment available on MUFG Intime.

Indel Money NCD October 2025 Registrar

MUFG Intime India Pvt.Ltd.
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Company Information

Indel Money Ltd.
Office No.301, Floor No.3,
Sai Arcade N.S Road,
Mulund West, Mumbai – 400 080
Mulund, Maharashtra, 400080
Phone: +91 484 293 3989
Email: [email protected]
Website: http://www.indelmoney.com/

Indel Money NCD October 2025 FAQs:


When is Indel Money NCD Open?

Indel Money NCD is to open on October 13, 2025 and close on October 28, 2025.

What is Indel Money NCD Price?

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

What is Indel Money NCD Issue Size?

The NCD issue size is ₹150 crores.

On Which platform the Indel Money NCD will list?

Indel Money NCD will list on BSE Platforms.

How to apply for Indel Money NCD?

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

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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