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InCred Financial Services NCD January 2022 Detail
Issue Open Jan 24, 2022
Issue Close Feb 14, 2022
Issue Size (Base) ₹125.00 Crores
Issue Size (Shelf) ₹25.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE, NSE

InCred Financial Services NCD January 2022 Date & Price

The InCred Financial Services NCD January 2022 issue opens on Jan 24, 2022, and closes on Feb 14, 2022, for the subscription.

Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day.The allotment is done on a First Come First Serve Basis.

InCred Financial Services Limited NCD IPO dates are as below:

InCred Financial Services NCD January 2022 Issue Timetable

Bid/Offer Opens OnJan 24, 2022
Bid/Offer Closes OnFeb 14, 2022
Record Date
Deemed Date of Allotment

Sorry, InCred Financial Services NCD January 2022 DRHP PDF Document is not available at this time.

InCred Financial Services NCD January 2022 Red Herring Prospectus (RHP) PDF

InCred Financial Services NCD January 2022 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

The frequency of payment for InCred Financial Services NCD January 2022 is Annual and Cumulative.

Each application should be for a minimum of 10 NCD's and multiples of 1 NCD thereof.

InCred Financial Services NCD January 2022 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until Feb 14, 2022. The bid may close earlier in case it is fully subscribed.

Coupon Rates for Each Series

Options Series 1 Series II Series III
Frequency of Interest Payment Cumulative Annually Annually
Minimum Application Rs 10,000 (10 NCDs)across all Series
Face Value/ Issue Price of NCDs (Rs/ NCD) Rs 1000
In Multiples of thereafter (Rs) Rs 1000 (1 NCD)
Tenor 12 months and 1 day 24 Months 24 Months
Coupon Rate % Per Annum for NCD Holders in Category I, II, III & IVĀ  NA 9.25% per annum compounded monthly payable annually 9.13% per annum compounded monthly payable annually
Effective Yield (per annum) for NCD Holders in Category I, II, III & IV 9.25% 9.65% 9.52%
Mode of Interest Payment Through various modes available
Amount (Rs / NCD) on Maturity for NCD Holders in Category I, II, III & IV 1,092.75 1000 1000
Maturity / Redemption Date (Months from the Deemed Date of Allotment) 12 months and 1 day 24 months 50% of the face value of NCD will be redeemed on the date occurring on expiry of 12 months from the Deemed Date of Allotment and remaining 50% will be redeemed on the date occurring on expiry of 24 months from the Deemed Date of Allotment
Put and Call Option NA

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 12 months and 1 day/ 24 months.

InCred Financial Services NCD January 2022 Issue Size and Subscription Status

The InCred Financial Services NCD January 2022 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹125.00 Crores
  • NCD Shelf Issue Size: ₹25.00 Crores

Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.

Sorry, The number of shares offered in InCred Financial Services NCD January 2022 is not available at this time. Please revisit us for latest updates.

No, NRI's are not eligible to apply in this Issue.

  1. Minors without a guardian name
  2. Foreign nationals
  3. Persons resident outside India
  4. Foreign Institutional Investors
  5. Foreign Portfolio Investors
  6. Foreign Venture Capital Investors
  7. Qualified Foreign Investors
  8. Overseas Corporate Bodies
  9. Persons ineligible to contract under applicable statutory/regulatory requirements

You could check InCred Financial Services Limited NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).

Note that there is no official source of GMP Rate as they are over-the-counter transactions.

InCred Financial Services NCD January 2022 Allotment and Listing

The NCD's are proposed to be listed on BSE, NSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

The InCred Financial Services Limited Allotment Status is not available online at this time.

The InCred Financial Services Limited NCD listing data are not available. The date is published by the exchange a couple of days before the NCD listing.

It is hard to say at what price InCred Financial Services NCD January 2022 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

InCred Financial Services Limited NCD - Should I apply?

CRISIL Ratings has assigned "CRISIL A" rating to the Debt instrument and placed the rating under "Rating Watch with Positive Implications". Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations.

Sorry, we do not provide NCD recommendations. But we share a lot of information about InCred Financial Services NCD January 2022 which could help you with questions like InCred Financial Services NCD January 2022 buy or not? You should also read InCred Financial Services NCD January 2022 Analysis from experts and check the daily subscription status.

It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.

InCred Financial Services Limited NCD listing day gains are unpredictable as depends on many factors on the day listing. It depends on factors like the demand, the market situation on the day of listing, NCD Issue size etc.