12.68% Indel Money NCD Sep 2021

NCD Subscription Allotment Status
Indel Money NCD Sep 2021

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 Dates23 September – 18 October 2021
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR1,000 per NCD
Issue PriceINR1,000 per NCD
Issue Size (Base)INR75 crore
Issue Size (including oversubscription)INR150 crore
Minimum Lot size10 NCDs
Market Lot1 NCD
Tenor366 days
18 months
36 months
54 months
61 months
71 months
Credit RatingCRISIL BBB/Stable
Category ReservationCategory 1 (QIB): 10%
Category 2 (NII): 40%
Category 3 (RII): 50%
Basis of AllotmentFirst Come First Serve
Listing OnBSE

Indel Money NCD Sep 2021 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon Rate Effective Yield Maturity Amount
Series 1366 daysMonthly9.25%9.65%INR1,000
Series 2366 days CumulativeNA9.25%INR1,092.75
Series 318 monthsMonthly10.50%11.02%INR1,000
Series 418 monthsCumulativeNA10.72%INR1,165
Series 536 months Monthly10.75%11.30%INR1,000
Series 636 months Annual10.75%10.75%INR1,000
Series 7 36 months Cumulative NA10.82%INR1,361
Series 8 54 months Monthly 11.00%11.57%INR1,000
Series 961 months Monthly 12.00%12.68%INR1,000
Series 10 61 months Annual12.00%12.00%INR1,000
Series 1171 months Cumulative NA12.43%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: [email protected]
Website: 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: +91 484 293 3988
Email: [email protected]
Website: 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 20210.001.191.721.34
14 Oct 20210.001.091.551.21
13 Oct 20210.001.061.491.17
12 Oct 20210.001.041.451.14
11 Oct 2021
8 Oct 2021 0.000.961.210.99
7 Oct 20210.000.901.120.92
6 Oct 2021 0.000.811.030.84
5 Oct 2021 0.000.811.000.83
4 Oct 20210.000.780.910.76
1 Oct 2021 0.000.710.820.70
30 Sep 20210.000.650.740.63
29 Sep 20210.000.600.650.57
28 Sep 20210.000.520.540.48
27 Sep 20210.000.480.460.42
24 Sep 20210.
23 Sep 20210.

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.


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