Indel Cash NCD Might 2022 Date, Ranking & Curiosity Charges – IPO Watch


Indel Cash Restricted is likely one of the NBFC – non-deposit-taking non-banking finance firms that’s registered with RBI in 2002. The corporate is providing gold loans, loans towards property, enterprise loans, and private loans to excessive net-worth people, enterprise establishments, retail buyers, and the frequent man. They cater to Monetary Companies, Car, Hospitality, Infrastructure Improvement, Media, Communication, and Leisure industries as nicely. They’ve their enterprise unfold in 5 states by 191 branches. The states they’ve their footprints are Karnataka, Tamil Nadu, Kerala, Andra Pradesh & Telangana & Union Territory of Puducherry.

Indel Cash has a ranking of Acuite BBB+/Secure by Acuite Rankings & Analysis Restricted. Indel Cash Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start out on Might 27, 2022. Indel Cash will provide 11.57% rates of interest on the NCDs. The NCDs tenure is for three hundred and sixty six days, 18, 24, 61, and 77 Months. Take a look at Indel Cash NCD 2022 particulars right here.

Indel Cash NCD Might 2022 Subject Particulars

 NCD Subject Open  Might 27, 2022
 NCD Subject Shut  June 22, 2022
 NCD Subject Measurement  Base: 50 Cr. | Shelf: 50 Cr.
 Value Band  ₹1000 per NCD
 Curiosity Price  As much as 11.57% ** (Yearly)
 Minimal Funding  10 Bonds (₹1,000)
 Itemizing on  BSE Platform
 Credit score Ranking  Acuite BBB+/Secure by Acuite Rankings & Analysis Restricted
 Tenor  three hundred and sixty six days, 18, 24, 61 and 77 Months
 Foundation of Allotment  First Come First Serve Foundation

Indel Cash NCD Might 2022 Promoters

  • Indel Company Personal Restricted

The way to Apply Indel Cash NCD Might 2022 Subject?

You may apply out of your present Demat account on-line and offline. You may apply by downloading the shape from the official web site and filling up all the small print with the cheque for the stated quantity. You may submit it to the gathering facilities.

Indel Cash NCD Might 2022 Tenure & Curiosity Charges

Decide Tenure Cost Coupon Eff. Yield
I 366 Days Month 9.00% 9.38%
II 366 Days Cumu. NA 9.00%
III 18 Month Month 9.50% 9.92%
IV 18 Month Cumu. NA 9.75%
V 24 Month Month 10.55% 11.08%
VI 24 Month Cumu. NA 10.75%
VII 61 Month Month 11.00% 11.57%
VIII 77 Month Cumu. NA 11.50%

Indel Cash NCD Might 2022 Lead Supervisor

  • Vivro Monetary Companies Personal Restricted

Indel Cash NCD Might 2022 Allotment Standing

  • Indel Cash NCD difficulty allotment obtainable on Linkintime

Indel Cash NCD Might 2022 Registrar

Hyperlink Intime India Personal Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Cellphone: +91-22-4918 6270
E mail: [email protected]
Web site: https://linkintime.co.in/

Firm Info

Indel Cash Restricted
Workplace No.301, Ground No.3,
Sai Arcade N.S Street,
Mulund West, Mumbai 400 080,
Cellphone: +91 484 293 3988;
E mail: [email protected]
Web site: https://indelmoney.com/

Indel Cash NCD Might 2022 FAQs:

When is Indel Cash NCD Open?

Indel Cash NCD is to open on Might 27 and shut on June 22, 2022.

What’s Indel Cash NCD Value?

The corporate has fastened the value at ₹1000 per NCD.

What’s Indel Cash NCD Subject Measurement?

The NCD difficulty dimension is ₹50 crores.

On Which platform the Indel Cash NCD will listing?

Indel Cash NCD will listing on BSE Platforms.

The way to apply for Indel Cash NCD?

You may apply out of your present Demat account on-line and offline.

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