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Indel Money plans to raise ₹150 crore via NCDs

Indel Money plans to raise ₹150 crore of funds through secured and unsecured redeemable non- convertible debentures.

The issue includes a base issue size for ₹75 crore with an option to retain over subscription up to ₹75 crore aggregating up to ₹150 crore

Indel Money plans to raise up to Rs 150 cr via bonds

The issue was opened for subscription on September 23 and will close on October 18, 2021.
Gold-lending non-bank finance firm Indel Money said Thursday it was looking to raise to Rs 150 crore through the issuance of secured and unsecured non-convertible debentures (NCDs).

Indel Money Plans To Raise Up To Rs 150 Cr Via Bonds

The funds raised through this issue will be used for onward lending, financing, and repayment/ prepayment of principal and interest on borrowings of the company and general corporate purposes

oltnews.com – Indel Money plans to raise up to Rs 150 cr via bonds

Indel Money plans to raise up to Rs 150 cr via bonds – Financial Express

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Indel Money launches Rs 150 crore NCD

KOLKATA: Indel Money, a non-deposit taking and a non-systemically vital non-banking finance firm within the gold mortgage sector, on Thursday introduced public situation of secured and unsecured non convertible debentures (NCDs) of face worth of Rs 1,000 every. The situation, which opened as we speak, closes on Oct 18 with an possibility of early closure in case of early over subscription.

Indel Money announces public issue

Chennai, Sep 23 (UNI) Indel Money Limited, a non-deposit and a non-systemically
important non-banking finance company (“NBFC”) in the gold loan sector, announced
public issue of Secured and Unsecured NCDs of face value of Rs.1,000 each.

Indel Money plans to raise up to Rs 150 cr via bonds

Mumbai, Sep 23 (PTI) Gold loan-focussed non-banking financial company Indel Money on Thursday said it is looking to raise up to Rs 150 crore through issuance of secured and unsecured non-convertible debentures (NCDs).
The issue includes a base issue size of up to Rs 75 crore, with an option to retain oversubscription of up to Rs 75 crore, aggregating up to Rs 150 crore, a release said.

Nw: Indel Cash launches Rs 150 crore NCD

KOLKATA: Indel Cash, a non-deposit taking and a non-systemically essential non-banking finance company in the gold loan sector, on Thursday offered public screech of secured and unsecured non convertible debentures (NCDs) of face mark of Rs 1,000 each and each. The difficulty, which opened in the present day time, closes on Oct 18 with an possibility of early closure in case of early over subscription.