Indostar Capital Finance NCD September 2024 – Effective Yield 10.49% p.a.

Indostar Capital Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on September 6, 2024. Indostar Capital Finance will offer 10.49% interest rates on the NCDs. Indostar Capital Finance NCD has a rating of CARE AA-/Stable by CARE Ratings Limited. The NCDs tenure is for 24, 36, and 60 Months. Check out Indostar Capital Finance NCD 2024 details here.

Indostar Capital Finance NCD September 2024

Table of Contents


A non-banking finance company (NBFC) registered with the Reserve Bank of India, Indostar Capital Finance Limited has a national presence with more than 500 branches that cater to approximately 1 lakh+ clients. Their primary target market constitutes small-time retail clients in Tier 2, Tier 3 and Tier 4 towns. The company offers four types of services namely; financing for commercial vehicles, housing finance, small and medium enterprise (SME) loans as well as corporate lending. In addition, IndoStar Home Finance Private Limited and IndoStar Asset Advisory Private Limited are wholly-owned subsidiary divisions of this organization.


Indostar Capital Finance NCD September 2024 Details

NCD Issue OpenSeptember 6, 2024
NCD Issue CloseSeptember 19, 2024
NCD Issue SizeBase: 150.00 Cr. | Shelf: [.] Cr.
Price Band₹1000 per NCD
Face Value₹1000 each NCD
Interest RateUp to 10.49% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE Platform
Credit RatingCARE AA-/Stable by CARE Ratings Limited.
Tenor24, 36, and 60 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

Indostar Capital Finance NCD September 2024 Promoters

  • BCP V Multiple Holdings Pte Ltd and Indostar Capital (Mauritius) are the promoters of the company.

How to Apply Indostar Capital Finance NCD September 2024 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.

Indostar Capital Finance NCD Review

  • Avoid

Indostar Capital Finance NCD September 2024 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
124 MonthAnnual10.5%10.5%
224 MonthCumu.NA10.5%
336 MonthsQuarter10.3%10.7%
436 MonthAnnual10.7%10.7%
760 MonthAnnual10.5%10.49%

Indostar Capital Finance NCD Allocation Ratio

CategoryAllocation
Institutional10%
Non-Institutional30%
HNI30%
Retail30%

Indostar Capital Finance NCD September 2024 Lead Manager

  • Nuvama Wealth Management Limited

Indostar Capital Finance NCD September 2024 Allotment Status

  • Indostar Capital Finance NCD issue allotment available on LinkIntime.

Indostar Capital Finance NCD September 2024 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/initial_offer/public-issues.html

Company Information

Indostar Capital Finance Limited
Off No -301, Wing A, CTS No 477,
Silver Utopia, Chakala Road, Opp Proctor
Opp Proctor and Gamble, Andheri(E), Mumbai-400 099
Phone: +91 22 4315 7000
Email: [email protected]
Website: https://www.indostarcapital.com/

Indostar Capital Finance NCD September 2024 FAQs:


When is Indostar Capital Finance NCD Open?

Indostar Capital Finance NCD is to open on September 6 and close on September 19, 2024.

What is Indostar Capital Finance NCD Price?

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

What is Indostar Capital Finance NCD Issue Size?

The NCD issue size is ₹150 crores.

On Which platform the Indostar Capital Finance NCD will list?

Indostar Capital Finance NCD will list on BSE Platforms.

How to apply for Indostar Capital Finance NCD?

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

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