Dhani Loans NCD Jan 2022 description – The company is a non-deposit taking systemically important NBFC registered with the RBI and a 100% subsidiary of Dhani Services Limited (formerly Indiabulls Ventures Limited). 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 individual and corporates.
Dhani Services Limited is a consumer business that operates its mobile application “Dhani” through which it provides digital healthcare and digital transactional finance to large and underserved population in India, offering them convenient daily transaction capabilities, with credit limits determined by an algorithm, based on their credit history on the digital platform. Its technology platform simply provides subscribers with access to credit, allowing them to carry out financial and payment transactions through the Rupay interface.
As at 30 September 2021, the company has 133 branches and has disbursed loans to customers in over 900 cities in India through the Dhani App, enabling it to operate on a pan-India basis. Further, the company had over 14,000 employees as at 30 September 2021.
Promoter of Dhani Loans and Services – Dhani Services Limited
Dhani Loans NCD Jan 2022 details
| Subscription Dates | 4 – 27 January 2022 |
| Security Type | Secured, Redeemable, Non-Convertible Debentures |
| Face Value | INR1,000 per NCD |
| Issue Price | INR1,000 per NCD |
| Issue Size (Base) | INR150 crore |
| Overall Issue Size (including oversubscription) | INR300 crore |
| Minimum Lot size | 10 NCDs |
| Market Lot | 1 NCD |
| Tenor | 370 Days 24 Months 36 Months |
| Credit Rating | IVR AA / Stable |
| 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 Jan 2022 – Options and Coupon Rates
| Option | Tenure | Interest Payment | Coupon Rate | Effective Yield | Maturity Amount |
| Series 1 | 370 days | Cumulative | NA | 10% | INR1,101.44 |
| Series 2 | 24 months | Annual | 10.5% | 10.5% | INR1,000 |
| Series 3 | 24 months | Cumulative | NA | 10.5% | INR1,221.03 |
| Series 4 | 24 months | Monthly | 10.03% | 10.5% | INR1,000 |
| Series 5 | 36 months | Annual | 11% | 10.99% | INR1,000 |
| Series 6 | 36 months | Cumulative | NA | 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 NCD Documents
Dhani Loans and Services 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
Email: [email protected]
Website: www.dhaniloansandservices.com
Dhani Loans NCD January 2022 Subscription Status (no. of times)
| Category 1 (QIB) | Category 2 (NII) | Category 3 (HNI) | Category 4 (Retail) | Total | |
| 27 Jan 2022 | 0.56 | 3.84 | 0.92 | 1.76 | 1.36 |
| 25 Jan 2022 | 0.56 | 0.48 | 0.32 | 1.57 | 0.78 |
| 24 Jan 2022 | 0.56 | 0.48 | 0.31 | 1.47 | 0.75 |
| 21 Jan 2022 | 0.56 | 0.43 | 0.23 | 1.39 | 0.70 |
| 20 Jan 2022 | 0.56 | 0.43 | 0.23 | 1.26 | 0.66 |
| 19 Jan 2022 | 0.56 | 0.43 | 0.22 | 1.25 | 0.65 |
| 18 Jan 2022 | 0.56 | 0.43 | 0.22 | 1.19 | 0.63 |
| 17 Jan 2022 | 0.56 | 0.41 | 0.21 | 1.12 | 0.61 |
| 15 Jan 2022 | 0.56 | 0.41 | 0.19 | 1.00 | 0.56 |
| 14 Jan 2022 | 0.56 | 0.41 | 0.19 | 0.99 | 0.56 |
| 13 Jan 2022 | 0.56 | 0.41 | 0.21 | 0.93 | 0.55 |
| 12 Jan 2022 | 0.56 | 0.08 | 0.20 | 0.81 | 0.48 |
| 11 Jan 2022 | 0.00 | 0.08 | 0.20 | 0.76 | 0.30 |
| 10 Jan 2022 | 0.00 | 0.08 | 0.20 | 0.66 | 0.27 |
| 7 Jan 2022 | 0.00 | 0.03 | 0.12 | 0.50 | 0.19 |
| 6 Jan 2022 | 0.00 | 0.03 | 0.06 | 0.37 | 0.13 |
| 5 Jan 2022 | 0.00 | 0.00 | 0.05 | 0.25 | 0.09 |
| 4 Jan 2022 | 0.00 | 0.00 | 0.03 | 0.13 | 0.05 |
Dhani Loans NCD Jan 2022 Allotment Status
Dhani Loans NCD Jan 2022 allotment status will be updated at the website of KFin Technologies’ website. Click on this link to get allotment status.
Dhani Loans NCD Jan 2022 FAQs
What are Dhani Loans NCD Jan 2022 offer dates?
Dhani Loans NCD Jan 2022 offer opens on 4 January 2022 and closes on 27 January 2022. It should be noted that the NCD offer may be closed early in case of full subscription before the closing date.
What is basis of allotment in Dhani Loans NCD Jan 2022 offer?
Dhani Loans NCDs will be allotted on a First Come First Serve Basis.
What is the face value and lot size of Dhani Loans NCD Jan 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 Jan 2022?
The frequency of payment for Dhani Loans NCD Jan 2022 is Monthly, Annual and Cumulative.
