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10.30% Indiabulls Commercial Credit NCD January 2023

Indiabulls Commercial Credit

Table of Contents

Indiabulls Commercial Credit Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on January 5, 2023. Indiabulls Commercial Credit will offer 10.30% interest rates on the NCDs. Indiabulls Commercial Credit NCD has a rating of CRISIL AA/Stable by CRISIL Ratings Limited and ICRA AA/ Stable by ICRA Limited.. The NCDs tenure is for 24, 36, and 60 Months. Check out Indiabulls Commercial Credit NCD 2023 details here.

Indiabulls Commercial Credit Ltd. (IBCCL) is a wholly owned subsidiary of Indiabulls Housing Finance Ltd. (IBHFL) and is classified as a Non-Deposit taking Systematically Important (ND-SI) Non-Banking Financial Company (NBFC). IBCCL has expertise in mortgage based financing like SME loans, that IBCCL and IBHFL underwrite are in the lowest risk segment where loans are given out to small businesses. IBCCL emphasizes on self-occupied residential properties for collateral, appraising loans which are verified as per cash-flow; and most importantly, loans meant for productive business deployment which has to be demonstrated at the time of loan appraisal – all of which is aimed to help small business owners further their business plans.

Indiabulls Commercial Credit NCD January 2023 Issue Details

NCD Issue OpenJanuary 5, 2023
NCD Issue CloseJanuary 27, 2023
NCD Issue SizeBase: 200 Cr. | Shelf: 1000 Cr.
Price Band₹1000 per NCD
Interest RateUp to 10.30% ** (Annually)
Minimum Investment10 Bonds (₹1,000)
Listing onBSE and NSE Platform
Credit RatingCRISIL AA/Stable and ICRA AA/ Stable
Tenor24, 36, and 60 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

Indiabulls Commercial Credit NCD January 2023 Promoters

  • Indiabulls Housing Finance Limited

How to Apply Indiabulls Commercial Credit 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.

Indiabulls Commercial Credit NCD January 2023 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
I24 MonthAnnual9.80%9.79%
II24 MonthCumu.NA9.80%
III24 MonthMonth9.40%9.80%
IV36 MonthAnnual10.05%10.04%
V36 MonthCumu.NA10.05%
VI36 MonthMonth9.61%10.04%
VII60 MonthAnnual10.30%10.29%
VIII60 MonthMonth9.85%10.30%

Indiabulls Commercial Credit NCD January 2023 Lead Manager

  • Edelweiss Financial Services Ltd
  • Elara Capital (India) Private
  • Trust Investment Advisors Private Limited

Indiabulls Commercial Credit NCD January 2023 Allotment Status

  • Indiabulls Commercial Credit NCD issue allotment available on KFintech.

Indiabulls Commercial Credit NCD January 2023 Registrar

KFin Technologies 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

Indiabulls Commercial Credit Limited
5th Floor, Building No. 27,
KG Marg, Connaught Place,
New Delhi-110001
Phone: +91 11 4353 2950
Email: [email protected]
Website: http://www.indiabullscommercialcredit.com/

Indiabulls Commercial Credit NCD January 2023 FAQs:


When is Indiabulls Commercial Credit NCD Open?

Indiabulls Commercial Credit NCD is to open on January 5 and close on January 27, 2023.

What is Indiabulls Commercial Credit NCD Price?

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

What is Indiabulls Commercial Credit NCD Issue Size?

The NCD issue size is ₹200 crores.

On Which platform the Indiabulls Commercial Credit NCD will list?

Indiabulls Commercial Credit NCD will list on BSE and NSE Platforms.

How to apply for Indiabulls Commercial Credit NCD?

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

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