Indel Money NCD Sep 2021 description – The company is a non-deposit taking and a non – systemically important non-banking finance company (NBFC) in the gold loan sector lending money against the pledge of household gold jewellery (Gold Loans) in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh and Telangana and the union territory of Puducherry. The company also provides loans against property, business loans and personal loans.
Its Gold Loan portfolio as on March 31, 2021, March 31, 2020, and March 31, 2019
amounted to ₹30,997.17 lakhs, ₹29,588.74 lakhs and ₹19,380.33 lakhs which is 77.72%, 87.99% and 84.43% of our total loans and advances as on such specific dates. As on August 31 2021, the company had a network of 191 branches spread in the states
of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh and Telangana and the union territory of Puducherry.
Promoter of Indel Money – Indel Corporation Private Limited
Indel Money NCD Sep 2021 details
| Subscription Dates | 23 September – 18 October 2021 |
| Security Type | Secured, Redeemable, Non-Convertible Debentures |
| Face Value | INR1,000 per NCD |
| Issue Price | INR1,000 per NCD |
| Issue Size (Base) | INR75 crore |
| Issue Size (including oversubscription) | INR150 crore |
| Minimum Lot size | 10 NCDs |
| Market Lot | 1 NCD |
| Tenor | 366 days 18 months 36 months 54 months 61 months 71 months |
| Credit Rating | CRISIL BBB/Stable |
| Category Reservation | Category 1 (QIB): 10% Category 2 (NII): 40% Category 3 (RII): 50% |
| Basis of Allotment | First Come First Serve |
| Listing On | BSE |
Indel Money NCD Sep 2021 – Options and Coupon Rates
| Option | Tenure | Interest Payment | Coupon Rate | Effective Yield | Maturity Amount |
| Series 1 | 366 days | Monthly | 9.25% | 9.65% | INR1,000 |
| Series 2 | 366 days | Cumulative | NA | 9.25% | INR1,092.75 |
| Series 3 | 18 months | Monthly | 10.50% | 11.02% | INR1,000 |
| Series 4 | 18 months | Cumulative | NA | 10.72% | INR1,165 |
| Series 5 | 36 months | Monthly | 10.75% | 11.30% | INR1,000 |
| Series 6 | 36 months | Annual | 10.75% | 10.75% | INR1,000 |
| Series 7 | 36 months | Cumulative | NA | 10.82% | INR1,361 |
| Series 8 | 54 months | Monthly | 11.00% | 11.57% | INR1,000 |
| Series 9 | 61 months | Monthly | 12.00% | 12.68% | INR1,000 |
| Series 10 | 61 months | Annual | 12.00% | 12.00% | INR1,000 |
| Series 11 | 71 months | Cumulative | NA | 12.43% | INR2,000 |
Registrar of Indel Money Non Convertible Debentures
Link Intime India Private Limited
C-101, 1st Floor, 247 Park Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email:Â [email protected]
Website:Â http://www.linkintime.co.in
Indel Money NCD Documents
Indel Money Contact Details
Indel Money Limited
Indel House, Changampuzha Nagar, South Kalamassery, Ernakulam 682 0335, Kerala
Phone:Â +91 484 293 3988
Email:Â [email protected]
Website:Â www.indelmoney.com
Indel Money NCD Sep 2021 Subscription Status (no. of times)
| Category 1 (QIB) | Category 2 (NII) | Category 3 (RII) | Total | |
| 18 Oct 2021 | 0.00 | 1.19 | 1.72 | 1.34 |
| 14 Oct 2021 | 0.00 | 1.09 | 1.55 | 1.21 |
| 13 Oct 2021 | 0.00 | 1.06 | 1.49 | 1.17 |
| 12 Oct 2021 | 0.00 | 1.04 | 1.45 | 1.14 |
| 11 Oct 2021 | 0.00 | 1.02 | 1.38 | 1.10 |
| 8 Oct 2021 | 0.00 | 0.96 | 1.21 | 0.99 |
| 7 Oct 2021 | 0.00 | 0.90 | 1.12 | 0.92 |
| 6 Oct 2021 | 0.00 | 0.81 | 1.03 | 0.84 |
| 5 Oct 2021 | 0.00 | 0.81 | 1.00 | 0.83 |
| 4 Oct 2021 | 0.00 | 0.78 | 0.91 | 0.76 |
| 1 Oct 2021 | 0.00 | 0.71 | 0.82 | 0.70 |
| 30 Sep 2021 | 0.00 | 0.65 | 0.74 | 0.63 |
| 29 Sep 2021 | 0.00 | 0.60 | 0.65 | 0.57 |
| 28 Sep 2021 | 0.00 | 0.52 | 0.54 | 0.48 |
| 27 Sep 2021 | 0.00 | 0.48 | 0.46 | 0.42 |
| 24 Sep 2021 | 0.00 | 0.12 | 0.10 | 0.10 |
| 23 Sep 2021 | 0.00 | 0.01 | 0.01 | 0.01 |
Indel Money NCD Sep 2021 Allotment Status
Indel Money NCD Sep 2021 allotment status will be updated at the website of Link Intime. Click on this link to get allotment status.
Indel Money NCD Sep 2021 FAQs
What are Indel Money NCD September 2021 offer dates?
Indel Money NCD September 2021 offer opens on 23 September 2021 and closes on 18 October 2021. 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 Indel Money NCD September 2021 offer?
Indel Money NCD’s will be allotted on a First Come First Serve Basis.
What is the face value and lot size of Indel Money NCD September 2021?
The NCD’s 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 Indel Money NCD Sep 2021?
The frequency of payment for Indel Money NCD Sep 2021 is Monthly, Annual and Cumulative.
