9.65% InCred Financial NCD January 2022


Last updated on February 28, 2022

NCD Subscription Allotment Status
Incred NCD January 2022

InCred NCD January 2022 description – The company is a non-deposit taking systemically important NBFC registered with the RBI. It is engaged primarily in the business of providing personal loans, education loans, SME loans, and in providing ancillary services related to the said business activities.

As on March 31, 2021 Its loan portfolio was INR2,633.66 crore and catering to 3,40,264 number of customers. Of the said loan portfolio, approx. 50% is in form of secured lending. Its loan book has grown from INR1,745.08 crore as at March 31, 2019 to INR2,076.90 crore as at March 31, 2020 and further to INR2,633.66 crore as at March 31, 2021. It has 676 permanent employees and 41 employees on contract basis as on September 30, 2021.

Promoter of InCred Financial Services – Mr. Bhupinder Singh, Bee Finance Limited, Mauritius

InCred NCD January 2022 details

Subscription Dates24 January – 14 February 2022
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR1,000 per NCD
Issue PriceINR1,000 per NCD
Issue Size (Base)INR125 crore
Overall Issue Size (including oversubscription)INR150 crore
Minimum Lot size10 NCDs
Market Lot1 NCD
Tenor12 Months and 1 day
24 Months
Credit RatingCRISIL A
Category ReservationCategory 1 (QIB): 5%
Category 2 (NII): 25%
Category 3 (Retail): 70%
Basis of AllotmentFirst Come First Serve
Listing OnBSE, NSE

InCred NCD January 2022 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon Rate Effective YieldMaturity Amount
Series 112 months and 1 dayCumulativeNA9.25%INR1,092.75
Series 224 monthsAnnually9.25%9.65%INR1,000
Series 324 monthsAnnually9.13%9.52%INR1,000

InCred Non Convertible Debentures Registrar

Link Intime India Private Limited
C 101, 247 Park B S Marg
Vikhroli West,
Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6060
Email: [email protected]
Website: www.linkintime.co.in

InCred NCD Documents

InCred Contact Details

InCred Financial Services Limited
Unit No. 1203, 12th Floor, B Wing,
The Capital, Plot No. C – 70, G Block
Bandra Kurla Complex
Mumbai – 400 051
Phone: +91 22 6844 6100
Email: [email protected]
Website: www.incred.com

InCred NCD January 2022 Subscription Status (no. of times)

Category 1 (QIB)Category 2 (NII) Category 3 (HNI) Category 4 (Retail)Total
14 Feb 20224.361.190.950.781.05
11 Feb 20224.360.980.751.221.09
10 Feb 20223.200.160.751.211.08
9 Feb 20223.
8 Feb 20223.
7 Feb 20223.
4 Feb 20220.800.000.070.510.40
3 Feb 20220.800.000.070.500.39
2 Feb 20220.
1 Feb 20220.800.000.050.460.36
31 Jan 20220.800.000.020.420.34
28 Jan 20220.800.000.020.400.32
27 Jan 20220.800.000.000.370.30
25 Jan 2022 0.800.000.000.340.27
24 Jan 20220.800.

InCred NCD January 2022 Allotment Status

InCred NCD Jan 2022 allotment status will be updated at the website of Link Intime India Private Limiteds link to get allotment status.

InCred NCD January 2022 FAQs

What are InCred NCD January 2022 offer dates?

InCred NCD Jan 2022 offer opens on 24 January 2022 and closes on 14 February 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 InCred NCD Jan 2022 offer?

InCred NCDs will be allotted on a First Come First Serve Basis.

What is the face value and lot size of InCred 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 InCred NCD Jan 2022?

The frequency of payment for InCred NCD Jan 2022 is Cumulative and Annually.


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