FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
Incorporated in 1994, Mumbai based Indiabulls Consumer Finance Limited (ICFL) is a non-deposit taking NBFC. The company is a 100% subsidiary of Indiabulls Ventures Limited. It also has a product called 'Indiabulls Dhani', a completely online personal loan fulfilment offering.
IBCFL also offers business loans to small and medium businesses.
The company also offers online trading services. It has a client base of over 6 lacs customers. The company has a dedicated sales team of over 900 individuals in more than 18 cities. It also markets non-discretionary wealth management products through its subsidiaries.
Issue Open | February 4, 2019 - March 1, 2019 |
Security Name | Indiabulls Consumer Finance Limited |
Security Type | |
Issue Size (Base) | Rs 3,000.00 Crores |
Issue Size (Shelf) | Rs [.] Crores |
Issue Price | Rs 1000 per NCD |
Face Value | Rs 1000 each NCD |
Minimum Lot size | 10 NCD |
Market Lot | 1 NCD |
Listing At | BSE, NSE |
Credit Rating | |
Tenor | |
Series | |
Payment Frequency | |
Basis of Allotment | First Come First Serve Basis |
The promoter of the company is Indiabulls Ventures Limited.
The objects of the issue are-
1. For the purpose of onward lending, financing, and for repayment of interest and principal of existing borrowings
of the Company; and
2. General corporate purposes.
This issue is rated CARE AA by CARE and BWR AA+ by Brickwork Ratings. The ratings of the NCDs indicate the highest degree of safety regarding timely servicing of financial obligations.
The company offers coupon rates ranging from 10.40% to 11% depending on the tenures of 26 months, 38 months and 60 months and the mode of interest payments are monthly, annual, cumulative as per investors choice.
Indiabulls Consumer Finance Limited
Indiabulls House,
Indiabulls Finance Centre, Senapati Bapat Marg,
Elphinstone Road, Mumbai 400 013
Phone: +91 22 6189 1000
Email: helpdesk@indiabulls.com
Website: http://www.indiabullsconsumerfinance.com/
Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Phone: 04067162222, 04079611000
Email: icfl.ncd1@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
Ex. Recently Indiabulls Consumer launched NCD (Rs 1000/- per unit) and its appeared in demat account on very first day at less price (Rs 950/- per Unit). What's the reason behind this