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
Read MoreIndel Money plans to raise up to Rs 150 cr via bonds – Financial Express
Read MoreThe new Income Tax portal’s developer Infosys it is making ‘steady progress’ on resolving the glitches that have dogged the portal since its launch in early June but acknowledged that some users continue to face difficulties that it is seeking to resolve expeditiously.
Read MoreKOLKATA: 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.
Read MoreChennai, 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.
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.
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.
Read MoreKOLKATA: Indel Money, a non-deposit taking and a non-systemically important non-banking finance company in the gold loan sector, on Thursday announced public issue of secured and unsecured non convertible debentures (NCDs) of face value of Rs 1,000 each. The issue, which opened today, closes on Oct 18 with an option of early closure in case of early over subscription.
Read MoreKolkata: Indel Money, a south India-based non-banking finance company (NBFC), has been recently assigned a rating upgradation to ‘CRISIL BBB/Stable’ from ‘CRISIL BBB-/Stable’ on the long-term bank loan facilities by Crisil Ratings. The rating of Indel Money on the short-term scale has also been upgraded to ‘A3 Plus’ from ‘A3 minus’.
Read MoreKolkata: Indel Money, a south India-based non-banking finance company (NBFC), has been recently assigned a rating upgradation to CRISIL BBB/Stable from CRISIL BBB-/Stable on the long-term bank loan facilities by Crisil Ratings. The rating of Indel Money on the short-term scale has also been upgraded to A3 Plus from A3 minus.
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