NCD News of Incred Financial Services NCD Tranche I Jan 2023

Incred Financial Services Limited is coming up with Public Issue of Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) of the face value of ₹ 1000 each, for an amount of ₹175.00 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹350.00 Crores.

Incorporated in 1995, InCred Financial Services Limited is engaged in the financial services business. The company is registered with SEBI as a non-deposit-taking systemically important NBFC (Non-Banking Financial Company).

Allotment of the NCD's will be done on First Come First Serve Basis.

Incred Financial Services NCD Tranche I Jan 2023 is rated CRISIL A+/Stable by CRISIL Ratings Limited.

The issue opens on Jan 9, 2023 and closes for subscription on Jan 27, 2023. The shares of the company to be list at BSE, NSE.

The public issue of Incred Financial Services Limited opens on Jan 9, 2023 and closes for subscription on Jan 27, 2023.

The Incred Financial Services NCD Tranche I Jan 2023 are proposed to list at BSE, NSE.

Allotment of the NCD's will be done on First Come First Serve Basis.