Indel Money NCD Sep 2021 FAQ's

Indel Money NCD Sep 2021 Detail
Issue Open	September 23, 2021
Issue Close	October 18, 2021
Issue Size (Base)	₹75.00 Crores
Issue Size (Shelf)	₹75.00 Crores
Issue Price	₹1000 per NCD
Listing At	BSE

Indel Money NCD Sep 2021 Date & Price

The Indel Money NCD Sep 2021 issue opens on September 23, 2021, and closes on October 18, 2021, 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.

Indel Money Limited NCD IPO dates are as below:

Indel Money NCD Sep 2021 Issue Timetable

Bid/Offer Opens On	September 23, 2021
Bid/Offer Closes On	October 18, 2021
Record Date
Deemed Date of Allotment

Indel Money NCD Sep 2021 Draft Red Herring Prospectus (DRHP) PDF

Indel Money NCD Sep 2021 Red Herring Prospectus (RHP) PDF

Indel Money NCD Sep 2021 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 Indel Money NCD Sep 2021 is Monthly, Annual and Cumulative.

No. Issues consist of Secured as well as Unsecured NCD's.

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

Indel Money NCD Sep 2021 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until October 18, 2021. The bid may close earlier in case it is fully subscribed.

Coupon Rates for Each Series

Series	Series 1	Series 2	Series 3	Series 4	Series 5	Series 6	Series 7	Series 8	Series 9	Series 10	Series 11
Tenor	Secured NCDs								Unsecured NCDs
Type of Instrument	366 days		18 Months		36 Months			54 Months	61 Months		71 Months
Frequency of Interest Payment	Monthly	Cumulative	Monthly	Cumulative	Monthly	Annual	Cumulative	Monthly	Monthly	Annual	Cumulative
Coupon Rate % Per Annum	9.25%	NA	10.50%	NA	10.75%	10.75%	NA	11.00%	12.00%	12.00%	NA
Effective Yield (%)	9.65%	9.25%	11.02%	10.72%	11.30%	10.75%	10.82%	11.75%	12.68%	12.00%	12.43%
Amount on Maturity	Rs.1,000.00	Rs.1,092.75	Rs.1,000.00	Rs.1,165.00	Rs.1,000.00	Rs.1,000.00	Rs.1,361.00	Rs.1,000.00	Rs.1,000.00	Rs.1,000.00	Rs.2,000.00

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 366 days, 18, 36, 54, 61 and 71 Months.

Indel Money NCD Sep 2021 Issue Size and Subscription Status

The Indel Money NCD Sep 2021 consist of a base issue and a shelf issue.

NCD Base Issue Size: ₹75.00 Crores
NCD Shelf Issue Size: ₹75.00 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 Indel Money NCD Sep 2021 is not available at this time. Please revisit us for latest updates.

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

Minors without a guardian name
Foreign nationals
Persons resident outside India
Foreign Portfolio Investors
Foreign Venture Capital Investors
Qualified Foreign Investors
Overseas Corporate Bodies
Persons ineligible to contract under applicable statutory/regulatory requirements

You could check Indel Money 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.

Indel Money NCD Sep 2021 Allotment and Listing

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

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

The Indel Money Limited Allotment Status is not available online at this time.

The Indel Money 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 Indel Money NCD Sep 2021 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Indel Money Limited NCD - Should I apply?

The issue has been rated “CRISIL BBB/Stable” by CRISIL Ratings Limited. Instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Indel Money NCD Sep 2021 which could help you with questions like Indel Money NCD Sep 2021 buy or not? You should also read Indel Money NCD Sep 2021 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 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.

Indel Money NCD Sep 2021 FAQ's

Indel Money NCD Sep 2021 Date & Price

When is Indel Money NCD Sep 2021 public issue coming?

What is Indel Money NCD Sep 2021 timetable?

Indel Money NCD Sep 2021 Issue Timetable

Where can I get the Indel Money NCD Sep 2021 issue prospectus pdf?

What is Indel Money NCD Sep 2021 price? Tell me the pricing of Indel Money Limited NCD issue?

What is the face value of Indel Money NCD Sep 2021?

What is the frequency of interest payment for Indel Money NCD Sep 2021?

Does Indel Money NCD Sep 2021 issue consist of Secured NCD's only?

What is the minimum application size for investment in Indel Money NCD Sep 2021 public issue?

What is Indel Money NCD Sep 2021 closing time?

What are the interest rates and benefits received under different categories for Indel Money NCD Sep 2021?

Coupon Rates for Each Series

What are the tenors of Indel Money NCD Sep 2021 bonds?

Indel Money NCD Sep 2021 Issue Size and Subscription Status

What is the base issue size of Indel Money NCD Sep 2021?

How many Indel Money Limited NCD's are offered to retail investors?

Can NRI apply in the Indel Money Limited NCD IPO?

Who is not eligible to invest in the Indel Money Limited issue?

What is Indel Money Limited NCD IPO Gray Market Premium (GMP)?

Indel Money NCD Sep 2021 Allotment and Listing

Which stock exchange are the Indel Money Limited NCD is proposed to be listed on?

What is the basis of allotment for Indel Money NCD Sep 2021 issue? How will allocation happen in case of oversubscriptions?

Where do I check Indel Money Limited allotment status?

What is Indel Money Limited NCD listing date or trading date?

What is Indel Money Limited NCD expected listing price?

Indel Money Limited NCD - Should I apply?

What is the credit rating for the Indel Money NCD Sep 2021?

Indel Money Limited NCD good or bad? Should you subscribe in Indel Money NCD Sep 2021 or not?

Indel Money NCD Sep 2021 should you apply? Indel Money NCD Sep 2021 worth investing?

How much profit can I make in Indel Money Limited NCD issue's retail category?

Read more about Indel Money NCD Sep 2021