[.]| Listing at BSE | Fri, May 27, 2022 - Wed, Jun 22, 2022
| Bid/Offer Opens On | May 27, 2022 |
| Bid/Offer Closes On | June 22, 2022 |
Sorry, Indel Money NCD May 2022 Red Herring Prospectus is not available at this time.
Coupon Rates
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | |
|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative |
| Nature | Secured | |||||||
| Tenor | 366 days | 366 days | 18 months | 18 months | 24 months | 24 months | 61 months | 77 months |
| Coupon Rate (Retail) | 9.00% | NA | 9.50% | NA | 10.55% | NA | 11.00% | NA |
| Effective Yield (% per Annum) | 9.38% | 9.00% | 9.92% | 9.75% | 11.08% | 10.75% | 11.57% | 11.50% |
| Amount on Maturity | 1,000.00 | 1,090.00 | 1,000.00 | 1,149.76 | 1,000.00 | 1,226.56 | 1,000.00 | 2,010.70 |
The following categories of persons are eligible to apply in the Issue:
The Indel Money NCD May 2022 consists of a base issue and a shelf issue.
Note that the Shelf issue is an option to retain oversubscription up to the shelf issue size over and above the base issue.
Shares offered in Indel Money NCD May 2022 are as below:
| Category 1 (QIB) | 50000 |
| Category 2 | 200000 |
| Category 3 (HNI) | 250000 |
| Category 4 (Retail) | 0 |
No, NRI's are not eligible to apply in this Issue.
You could check Indel Money NCD May 2022 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.
The NCD's are proposed to be listed on BSE.
Applicants are allocated NCD's on a First Come First Serve Basis.
You can check Indel Money Ltd. allotment status on the registrar’s website using your PAN or application number, or on the BSE/NSE website under the debt issue section. If allotted, the NCDs will be credited to your demat account and visible through your broker.
It is hard to say at what price Indel Money NCD May 2022 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.
The issue has been rated Acuite BBB+/Stable by Acuite Ratings & Research Limited. Instruments with this rating are considered to have a moderate degree of safety and moderate credit risk.
Sorry, we do not provide NCD recommendations. But we share a lot of information about Indel Money NCD May 2022 which could help you with questions like Indel Money NCD May 2022 buy or not? You should also read Indel Money NCD May 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.
Indel Money Ltd. NCD listing day gains are unpredictable as it depends on many factors on the day of listing. It depends on factors like the demand, the market situation on the day of listing, NCD issue size, etc.
