Dhani Loans NCD April 2022 description – Dhani Loans is a non-deposit taking systemically important NBFC registered with the RBI and a 100% subsidiary of Dhani Services Limited (formerly Indiabulls Ventures Limited), a listed Indian company. It provides transaction finance to its customers through an array of product offerings on the Dhani App and also provides personal loans, secured and unsecured business loans to individuals and corporates.
Its promoter, Dhani Services Limited is a consumer business that provides digital healthcare and digital transactional finance to its customers. Dhani Services Limited was incorporated in 1995. Dhani Services Limited is a consumer business that operates its mobile application “Dhani” (“Dhani App”) through which it provides digital healthcare and digital transactional finance to its’ customers.
The healthcare services on the Dhani App are undertaken by Dhani Healthcare Limited, a subsidiary of Dhani Services Limited, wherein customers are provided with access to doctors over instant video calls through “Dhani Doctor”. “Dhani Doctor” is supplemented with “Dhani Medicines”, which is aimed at delivering medicines to customers at their door-step.
On the financial services front, customers can use the Dhani App to choose from a suite of products to help manage their financial needs on a daily basis. This includes managing all payments through the “Dhani Card” or “Dhani Wallet”; and access to personal finance through “Dhani Credit Line”, for securing its customers and their families with personal and medical insurance, and for stock broking solutions.
Promoters of Dhani Loans – Dhani Services Limited
Dhani Loans NCD April 2022 Details
| Subscription Dates | 19 April – 10 May 2022 |
| Security Type | Secured, Redeemable, Non-Convertible Debentures |
| Face Value | INR1,000 per NCD |
| Issue Price | INR1,000 per NCD |
| Issue Size (Base) | INR100 crore |
| Overall Issue Size (including oversubscription) | INR200 crore |
| Minimum Lot size | 10 NCDs |
| Market Lot | 1 NCD |
| Tenor | 370 days 24 months 36 months |
| Credit Rating | Infomerics Valuation and Rating (IVR) AA/ Stable Outlook |
| Category Reservation | Category 1 (QIB): 30% Category 2 (NII): 10% Category 3 (HNI): 30% Category 4 (Retail): 30% |
| Basis of Allotment | First Come First Serve |
| Listing On | BSE, NSE |
Dhani Loans NCD April 2022 – Options and Coupon Rates
| Option | Tenure | Interest Payment | Coupon Rate | Effective Yield | Maturity Amount |
| Series 1 | 370 days | Cumulative | N/A | 10% | INR1,101.44 |
| Series 2 | 24 months | Annual | 10.5% | 10.49% | INR1,000 |
| Series 3 | 24 months | Cumulative | N/A | 10.5% | INR1,221.36 |
| Series 4 | 24 months | Monthly | 10.30% | 10.50% | INR1,000 |
| Series 5 | 36 months | Annual | 11% | 10.99% | INR1,000 |
| Series 6 | 36 months | Cumulative | N/A | 11% | INR1,368.05 |
| Series 7 | 36 months | Monthly | 10.49% | 11% | INR1,000 |
Dhani Loans Non Convertible Debentures Registrar
KFin Technologies Private Limited
Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: [email protected]
Website: www.kfintech.com
Dhani Loans Finance NCD Documents
Dhani Loans Contact Details
Dhani Loans and Services Limited
Indiabulls House, One International Centre,
Senapati Bapat Marg,
Elphinstone Road, Mumbai – 400 013
Phone: 91 22 6189 1000, + 91 22 6144 6344,
Email: [email protected]
Website:www.dhaniloansandservices.com
Dhani Loans NCD April 2022 Subscription Status (no. of times)
| Dates | Category 1 (QIB) | Category 2 (Corporates) | Category 3 (HNI) | Category 4 (Retail) | Total |
| 10 May 2022 | 0.00 | 5.13 | 0.35 | 1.32 | 1.02 |
| 9 May 2022 | 0.00 | 2.13 | 0.16 | 1.12 | 0.60 |
| 6 May 2022 | 0.00 | 0.02 | 0.14 | 0.92 | 0.32 |
| 5 May 2022 | 0.00 | 0.02 | 0.14 | 0.86 | 0.29 |
| 4 May 2022 | 0.00 | 0.02 | 0.14 | 0.76 | 0.27 |
| 2 May 2022 | 0.00 | 0.02 | 0.13 | 0.67 | 0.24 |
| 29 Apr 2022 | 0.00 | 0.02 | 0.13 | 0.53 | 0.20 |
| 28 Apr 2022 | 0.00 | 0.00 | 0.13 | 0.45 | 0.17 |
| 27 Apr 2022 | 0.00 | 0.00 | 0.09 | 0.41 | 0.15 |
| 26 Apr 2022 | 0.00 | 0.00 | 0.07 | 0.37 | 0.13 |
| 25 Apr 2022 | 0.00 | 0.00 | 0.07 | 0.30 | 0.11 |
| 22 Apr 2022 | 0.00 | 0.00 | 0.03 | 0.22 | 0.07 |
| 21 Apr 2022 | 0.00 | 0.00 | 0.02 | 0.15 | 0.05 |
| 20 Apr 2022 | 0.00 | 0.00 | 0.02 | 0.11 | 0.04 |
| 19 Apr 2022 | 0.00 | 0.00 | 0.01 | 0.05 | 0.02 |
Dhani Loans NCD April 2022 Allotment Status
Dhani Loans NCD April 2022 allotment status will be updated at the website of KFin Technologies’ website. Click on this link to get allotment status.
Dhani Loans NCD April 2022 FAQs
What is the face value and lot size of Dhani Loans NCD April 2022?
The NCDs will be issued at a face value of INR1,000 each NCD and the minimum lot size is 10 NCDs.
What is the frequency of interest payment in Dhani Loans NCD April 2022?
The frequency of payment for Dhani Loans NCD is Cumulative, Monthly and Annually.
What is basis of allotment in Dhani Loans NCD April 2022 offer?
Dhani Loans NCDs will be allotted on a First Come First Serve Basis.
