Ongoing IPO/NCD

Thanks for showing interest. However, There is no ongoing IPO.
Notify Me
INDORE MUNICIPAL CORPORATION
Issue Size (Net)
up to Rs 244 Cr
Credit Rating
IND AA+/Stable’ & ‘CARE AA/Stable
Issue Opens
10/02/2023
Issue Closes
14/02/2023

Company Highlights

Muthoot Fincorp Limited
About the Company

Muthoot Fincorp Limited is a non-deposit taking NBFC. The company is primarily engaged in the business of offering personal and business loans which are secured by gold ornaments and jewelry. The gold loan product is available for personal and business purposes to meet short-term liquidity requirements of the individuals. As of September 30, 2021, the Gold loan portfolio of the company is comprised of approximately 36.18 lakhs loan accounts.Currently, Company operates through 3,658 branches located across 24 states in India. The company employs 17,013 people including 233 contracted experts in its operations.

Objective of the Issue

(a)    75% of the amount raised will be used for the purpose of Working Capital.
(b)    25% of the amount raised will be used for General Corporate Purposes.

Business Strategy
(i)    Expansion of business into Tier 2 and Tier 3 tows and in select Tier 1 cities across India
(ii)    In-house training capabilities to meet our branch expansion requirements
(iii)    Target new customer segments
(iv)    Further grow our Gold loan business

Financial Highlights

Particulars
March 31, 2021 (Rs. in millions)
March 31, 2020 (Rs. in millions)
March 31, 2019 (Rs. in millions)
Income
4,10,119.35
3,76,598.51
3,35,376.33
Expense
3,56,872.99
3,41,304.32
2,82,417.85
Profit After Tax
39,72.81
25,79.28
37,26.11
EPS
19.08
11.31
8.03

Issue Details

Issue Size (Net)
up to 400 Cr
Face Value
Rs. 1000 per NCD
Minimum Application
Rs. 10,000 (10 NCDs) across all series collectively
Issue Opening Date
Monday, January 02, 2023
Issue Closing Date
Friday, January 27, 2023
Listing On
BSE
Registrar
Integrated Registry Management Services Private Limited

Issue Highlights

Base Issue
Rs. 200 Cr
Oversubscription
Rs. 200 Cr
Issue Size With Green Shoe Option
Rs. 400 Cr

Net Offer Breakup

Category
Allocation
Institutional
5%
Non-Institutional
40%
Retails
55%
Total
100%

Prospectus

Prospectus File

* Please read offer documents / prospectus carefully before investing.

Company Highlights

Edelweiss Financial Services Limited
1. Company Information

Edelweiss Financial Services Limited (“EFSL”), was incorporated on November 21, 1995 under the name Edelweiss Capital Limited and started operations as an investment banking firm after receipt of a Category II license from SEBI. Edelweiss Capital Limited subsequently received a Category I Merchant Banker license from SEBI with effect from October 16, 2000. The name of Edelweiss Capital Limited was changed to ‘Edelweiss Financial Services Limited’ with effect from August 1, 2011. After commencing the business as an investment banking firm, the Company, through its subsidiaries has now diversified its businesses to include credit including retail and corporate credit, asset management, asset reconstruction, insurance including life and general insurance business, and wealth management businesses, which are conducted through its subsidiaries.

2. Objective of the Issue

(a)For the purpose of onward lending, financing, and for repayment/ prepayment of interest and principal of existing borrowings of our Company.
(b)General corporate purposes.

3. Company Promoters

Edelweiss Financial Services Limited, Edelweiss Rural & Corporate Services Limited and Edel Finance Company Limited are the company promoters.

3. Ratings

CRISIL AA-/Negative” (pronounced as CRISIL double A minus rating with Negative outlook) and “ACUITE AA-/ Negative”(pronounced as ACUITE double A Minus)

4. Strategies

Diversify our portfolio of products and expand the scale of our business

Focus on efficient allocation of capital

Continue to leverage our large customer base and diversified business platform

Continue to attract, train and retain talented employees

EDELWEISS FINANCIAL SERVICES LIMITED Financial Information (Restated)

(Rs in Millions)
Particulars
Total Assets
Total Income
Profit After Tax
(RoNW)%
EPS
31-Mar-22
42,123
4,320.49
212.08
3.23
10.44
31-Mar-21
45,015.52
7,014.82
253.91
4.01
8.05
31-Mar-20
53,323.85
4,809.59
-2,043.77
-29.73
0.93

Issue Details

Issue Size (Net)
up to 400 Cr
Face Value
Rs. 1000 per NCD
Minimum Application
Rs. 10,000 (10 NCDs) across all series collectively
Issue Opening Date
Tuesday, January 03, 2023
Issue Closing Date
January 23, 2023
Listing On
BSE
Registrar
KFintech Private Limited

Issue Highlights

Base Issue
Rs. 200 Cr
Oversubscription
Rs. 200 Cr
Issue Size With Green Shoe Option
Rs. 400 Cr

Net Offer Breakup

Category
Allocation
Institutional
10%
Non-Institutional
10%
HNI
40%
Retails
40%
Total
100%

Prospectus

Prospectus File

* Please read offer documents / prospectus carefully before investing.

Company Highlights

Incred Financial Services Limited
1.Company Information

Incorporated in 1995, InCred Financial Services Limited is engaged in the financial services business. The company is registered with SEBI as a non-deposit-taking systemically important NBFC (Non-Banking Financial Company).

The company strives to offer its services to lower middle-class to middle-class Indian households and resolve their need for personal finance in the form of education and personal loans. Alongside, InCred Financial Services also offers secured and unsecured business loans. Their customers include small businesses, secured loans to K12 Indian schools for their expansion plans, supply chain financing, lending to profitable financial Institutions and microfinance companies, and escrow-backed lending through its SME vertical. In 2022, the earlier company known as KKR India Financial Services Limited was merged and emerged as InCred Financial Services Limited. This was done to achieve greater economies of scale, operational ratinalisation, and organizational efficiency, reach a wider market and customer base, and pooling of knowledge and expertise. The products of InCred Financial Services Limited can be categorized as:

  • Consumer Loans
  • Education Loans
  • MSME Loans

The company further divides the products and services as - Personal Loans, Student Loans, Secured School Financing, Anchor & Escrow Backed Business Loans, Structured Lending, and Lending to FIs.

2. Objective of the Issue

The company proposes to utilize the funds which are being raised through the Issue

(a)For the purpose of onward lending, financing, and for repayment of interest and principal of existing borrowings of the Company - 75% of the amount raised and allotted in the Issue.
(b)General Corporate Purposes - 25% of the amount raised and allotted in the Issue.

3. Company Promoters

InCred Holdings Limited (erstwhile known as KKR Capital Markets India Limited), and Bhupinder Singh are the promoters of the company.

4. Ratings

The company has received rating of CRISIL A+/Stable by CRISIL Ratings Limited for the NCDs proposed to be issued pursuant to this Issue.

5. Incred Financial Services NCD January 2023 Registrar

Link Intime India Private Ltd

C 101, 247 Park, L.B.S.Marg

Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270

Email:incred.ncd2@linkintime.co.in

Website: https://linkintime.co.in/

Coupon Rates

Series
I*
II
III
IV
Frequency of Interest Payment
Quarterly
Annually
Quarterly
Annually
Type of Instrument Secured Redeemable Non-Convertible Debentures
Minimum Application Rs. 10,000 (10 NCDs) across all Series
Face Value/ Issue Price Rs. 1,000
In Multiples of thereafter (Rs.) Rs.1,000 (1 NCD)
Tenor 27 Months 27 Months 39 Months 39 Months
Coupon (% per annum) For NCD Holders in Category I, II, III, IV 9.45% 9.80% 9.65% 10.00%
Effective Yield (per annum) for Category I, II, III, IV 9.78% 9.82% 10.00% 10.02%
Amount (Rs. / NCD) on Maturity for Category I, II, III, IV Rs.1000 Rs.1000 Rs.1000 Rs.1000
Put/Call Option NA

Issue Details

Issue Size (Net)
up to 525 Cr
Face Value
Rs. 1000 per NCD
Minimum Application
Rs. 10,000 (10 NCDs) across all series collectively
Issue Opening Date
January 9, 2023
Issue Closing Date
January 27, 2023
Listing On
BSE & NSE
Registrar
KFintech Private Limited

Issue Highlights

Base Issue
Rs. 175 Cr
Oversubscription
Rs. 350 Cr
Issue Size With Green Shoe Option
Rs. 525 Cr

Net Offer Breakup

Category
Allocation
Institutional
20%
Non-Institutional
20%
HNI
30%
Retails
30%
Total
100%

Prospectus

Prospectus File

* Please read offer documents / prospectus carefully before investing.

Company Highlights

IIFL FINANCE LIMITED
1.Company Information

IIFL Finance Limited (Formerly known as IIFL Holdings Limited) (“Company” / “Issuer”) is a Systemically Important Non-deposit taking Non-Banking Financial Company (“NBFC-ND-SI”) registered with the RBI, catering to the credit requirements of a diverse customer base with its plethora of products. Its offerings include home loans, gold loans, business loans including loans against property and medium and small enterprise financing, micro finance, construction and real estate finance and capital market finance; catering to both retail and corporate clients.

2. Ratings

CRISIL AA/Stabl (pronounced as CRISIL double A rating with Stable outlook) for an amount of Rs.50,000 million by CRISIL Limited (“CRISIL”) and [ICRA] AA (stable) (pronounced as ICRA Double A (stable)) for an amount of Rs. 50,000 million by ICRA Limited ("ICRA”)

3. IIFL Finance NCD September 2023 Registrar

   Link Intime India Private Ltd

   C 101, 247 Park, L.B.S.Marg

   Vikhroli (West), Mumbai - 400083

Phone:+91-22-4918 6270

Email:iifl.ncd2021@linkintime.co.in

Website: https://linkintime.co.in/

IIFL Finance Limited Financial Information (Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Total Borrowing
31-Mar-20
34373.41
4926.12
503.47
4667.66
27098.68
31-Mar-21
40666.92
5989.69
760.81
5265.75
31595.37
31-Mar-22
45910.18
7006.28
1188.25
6279.76
35255.97

Issue Summary

Issue Size (Net)
up to 1000 Cr
Face Value
Rs. 1000 per NCD
Minimum Application
Rs. 10,000 (10 NCDs) across all series collectively
Issue Opening Date
January 6, 2023
Issue Closing Date
January 18, 2023
Listing On
BSE & NSE
Registrar
Link Intime India Private Limited

Issue Highlights

Base Issue
Rs. 100 Cr
Oversubscription
Rs. 900 Cr
Issue Size With Green Shoe Option
Rs. 1000 Cr

Net Offer Breakup

Category
Allocation
Institutional
10%
Non-Institutional
10%
HNI
40%
Retails
40%
Total
100%

Prospectus

Prospectus File

* Please read offer documents / prospectus carefully before investing.

Company Highlights

Indiabulls Commercial Credit Limited
1.Company Information

Incorporated in 2006, Mumbai based Indiabulls Commercial Credit Limited (ICCL) is a non-deposit taking NBFC. rIt is a 100% subsidiary of Indiabulls Housing Finance Limited (IHFL), one of the largest housing finance companies in India.

The company's primary focus is on long-term secured mortgage-backed loans. It offers loans against the property to salaried and self-employed individuals, small and medium-sized enterprises. It also offers mortgage loans to real estate developers in the form of lease rental discounting for commercial premises and construction finance for the construction of residential premises.

ICCL has a pan-India presence across with offices in Tier I, Tier II and Tier III cities. The company has a sales team of over 3,500 employees.

As of March 31, 2018, mortgage loans constitutes 98.21% of the company's Asset Under Management (AUM).

It has a diversified lender base including PSUs, private banks, provident funds, pension funds, and mutual funds.

2. Ratings

This issue is rated CRISIL/AAA-Stable by CRISIL and CARE/AAA-Stable by CARE. The ratings of the NCDs indicate the highest degree of safety regarding timely servicing of financial obligations.

3. IIFL Finance NCD September 2023 Registrar

KFin Technologies Limited

   KFintech, Tower-B, Plot No 31 & 32

      Financial District, Nanakramguda, Gachibowli

   Hyderabad, Telangana India - 500 032.

Phone:04067162222, 04079611000

Email:Email: einward.ris@karvy.com

Indiabulls Commercial Credit Limited Financial Information (Consolidated)

Amount in Rs. Crore
Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
31-Mar-20
16387.3
2191.28
19.81
4406.95
31-Mar-21
15873.26
1632.94
139.04
4553.2
31-Mar-22
13143.65
1841.88
508.22
5064.84
Frequency of Interest Payment
Nature
Tenor
Coupon Rate (Retail)
Effective Yield (% per Annum)
Amount on Maturity
Series 1
Annual
Secured
24 months
9.80%
9.79%
Rs 1,000
Series 2
Cumulative
24 months
NA
9.80%
Rs 1,197.15
Series 3
Monthly
24 months
9.40%
9.80%
Rs 1,000
Series 4
Annual
36 months
10.05%
10.04%
Rs 1,000
Series 5
Cumulative
36 months
NA
10.05%
Rs 1,315.10
Series 6
Monthly
36 months
9.61%
10.04%
Rs 1,000
Series 7
Annual
60 months
10.30%
10.29%
Rs 1,000
Series 8
Monthly
60 months
9.85%
10.30%
Rs 1,000

Issue Details

Issue Size (Net)
up to 200 Cr
Face Value
Rs. 1000 per NCD
Minimum Application
Rs. 10,000 (10 NCDs) across all series collectively
Issue Opening Date
January 5, 2023
Issue Closing Date
January 27, 2023
Listing On
BSE & NSE
Registrar
KFIN Technologies Limited

Issue Highlights

Base Issue
Rs. 100 Cr
Oversubscription
Rs. 100 Cr
Issue Size With Green Shoe Option
Rs. 200 Cr

Net Offer Breakup

Category
Allocation
Institutional
30%
Non-Institutional
10%
HNI
30%
Retails
30%
Total
100%

Prospectus

Prospectus File

* Please read offer documents / prospectus carefully before investing.

Muthoot Finance Limited NCD
Issue Size (Net)
up to Rs. 500 Cr
Credit Rating
[ICRA] AA+ (Stable)
Issue Opens
08/02/2023
Issue Closes
03/03/2023

Company Highlights

Muthoot Fincorp Limited
About the Company

Muthoot Fincorp Limited is a non-deposit taking NBFC. The company is primarily engaged in the business of offering personal and business loans which are secured by gold ornaments and jewelry. The gold loan product is available for personal and business purposes to meet short-term liquidity requirements of the individuals. As of September 30, 2021, the Gold loan portfolio of the company is comprised of approximately 36.18 lakhs loan accounts.Currently, Company operates through 3,658 branches located across 24 states in India. The company employs 17,013 people including 233 contracted experts in its operations.

Objective of the Issue

(a)    75% of the amount raised will be used for the purpose of Working Capital.
(b)    25% of the amount raised will be used for General Corporate Purposes.

Business Strategy
(i)    Expansion of business into Tier 2 and Tier 3 tows and in select Tier 1 cities across India
(ii)    In-house training capabilities to meet our branch expansion requirements
(iii)    Target new customer segments
(iv)    Further grow our Gold loan business

Financial Highlights

Particulars
March 31, 2021 (Rs. in millions)
March 31, 2020 (Rs. in millions)
March 31, 2019 (Rs. in millions)
Income
4,10,119.35
3,76,598.51
3,35,376.33
Expense
3,56,872.99
3,41,304.32
2,82,417.85
Profit After Tax
39,72.81
25,79.28
37,26.11
EPS
19.08
11.31
8.03

Issue Details

Issue Size (Net)
up to 400 Cr
Face Value
Rs. 1000 per NCD
Minimum Application
Rs. 10,000 (10 NCDs) across all series collectively
Issue Opening Date
Monday, January 02, 2023
Issue Closing Date
Friday, January 27, 2023
Listing On
BSE
Registrar
Integrated Registry Management Services Private Limited

Issue Highlights

Base Issue
Rs. 200 Cr
Oversubscription
Rs. 200 Cr
Issue Size With Green Shoe Option
Rs. 400 Cr

Net Offer Breakup

Category
Allocation
Institutional
5%
Non-Institutional
40%
Retails
55%
Total
100%

Prospectus

Prospectus File

* Please read offer documents / prospectus carefully before investing.

Company Highlights

Edelweiss Financial Services Limited
1. Company Information

Edelweiss Financial Services Limited (“EFSL”), was incorporated on November 21, 1995 under the name Edelweiss Capital Limited and started operations as an investment banking firm after receipt of a Category II license from SEBI. Edelweiss Capital Limited subsequently received a Category I Merchant Banker license from SEBI with effect from October 16, 2000. The name of Edelweiss Capital Limited was changed to ‘Edelweiss Financial Services Limited’ with effect from August 1, 2011. After commencing the business as an investment banking firm, the Company, through its subsidiaries has now diversified its businesses to include credit including retail and corporate credit, asset management, asset reconstruction, insurance including life and general insurance business, and wealth management businesses, which are conducted through its subsidiaries.

2. Objective of the Issue

(a)For the purpose of onward lending, financing, and for repayment/ prepayment of interest and principal of existing borrowings of our Company.
(b)General corporate purposes.

3. Company Promoters

Edelweiss Financial Services Limited, Edelweiss Rural & Corporate Services Limited and Edel Finance Company Limited are the company promoters.

3. Ratings

CRISIL AA-/Negative” (pronounced as CRISIL double A minus rating with Negative outlook) and “ACUITE AA-/ Negative”(pronounced as ACUITE double A Minus)

4. Strategies

Diversify our portfolio of products and expand the scale of our business

Focus on efficient allocation of capital

Continue to leverage our large customer base and diversified business platform

Continue to attract, train and retain talented employees

EDELWEISS FINANCIAL SERVICES LIMITED Financial Information (Restated)

(Rs in Millions)
Particulars
Total Assets
Total Income
Profit After Tax
(RoNW)%
EPS
31-Mar-22
42,123
4,320.49
212.08
3.23
10.44
31-Mar-21
45,015.52
7,014.82
253.91
4.01
8.05
31-Mar-20
53,323.85
4,809.59
-2,043.77
-29.73
0.93

Issue Details

Issue Size (Net)
up to 400 Cr
Face Value
Rs. 1000 per NCD
Minimum Application
Rs. 10,000 (10 NCDs) across all series collectively
Issue Opening Date
Tuesday, January 03, 2023
Issue Closing Date
January 23, 2023
Listing On
BSE
Registrar
KFintech Private Limited

Issue Highlights

Base Issue
Rs. 200 Cr
Oversubscription
Rs. 200 Cr
Issue Size With Green Shoe Option
Rs. 400 Cr

Net Offer Breakup

Category
Allocation
Institutional
10%
Non-Institutional
10%
HNI
40%
Retails
40%
Total
100%

Prospectus

Prospectus File

* Please read offer documents / prospectus carefully before investing.

Company Highlights

Incred Financial Services Limited
1.Company Information

Incorporated in 1995, InCred Financial Services Limited is engaged in the financial services business. The company is registered with SEBI as a non-deposit-taking systemically important NBFC (Non-Banking Financial Company).

The company strives to offer its services to lower middle-class to middle-class Indian households and resolve their need for personal finance in the form of education and personal loans. Alongside, InCred Financial Services also offers secured and unsecured business loans. Their customers include small businesses, secured loans to K12 Indian schools for their expansion plans, supply chain financing, lending to profitable financial Institutions and microfinance companies, and escrow-backed lending through its SME vertical. In 2022, the earlier company known as KKR India Financial Services Limited was merged and emerged as InCred Financial Services Limited. This was done to achieve greater economies of scale, operational ratinalisation, and organizational efficiency, reach a wider market and customer base, and pooling of knowledge and expertise. The products of InCred Financial Services Limited can be categorized as:

  • Consumer Loans
  • Education Loans
  • MSME Loans

The company further divides the products and services as - Personal Loans, Student Loans, Secured School Financing, Anchor & Escrow Backed Business Loans, Structured Lending, and Lending to FIs.

2. Objective of the Issue

The company proposes to utilize the funds which are being raised through the Issue

(a)For the purpose of onward lending, financing, and for repayment of interest and principal of existing borrowings of the Company - 75% of the amount raised and allotted in the Issue.
(b)General Corporate Purposes - 25% of the amount raised and allotted in the Issue.

3. Company Promoters

InCred Holdings Limited (erstwhile known as KKR Capital Markets India Limited), and Bhupinder Singh are the promoters of the company.

4. Ratings

The company has received rating of CRISIL A+/Stable by CRISIL Ratings Limited for the NCDs proposed to be issued pursuant to this Issue.

5. Incred Financial Services NCD January 2023 Registrar

Link Intime India Private Ltd

C 101, 247 Park, L.B.S.Marg

Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270

Email:incred.ncd2@linkintime.co.in

Website: https://linkintime.co.in/

Coupon Rates

Series
I*
II
III
IV
Frequency of Interest Payment
Quarterly
Annually
Quarterly
Annually
Type of Instrument Secured Redeemable Non-Convertible Debentures
Minimum Application Rs. 10,000 (10 NCDs) across all Series
Face Value/ Issue Price Rs. 1,000
In Multiples of thereafter (Rs.) Rs.1,000 (1 NCD)
Tenor 27 Months 27 Months 39 Months 39 Months
Coupon (% per annum) For NCD Holders in Category I, II, III, IV 9.45% 9.80% 9.65% 10.00%
Effective Yield (per annum) for Category I, II, III, IV 9.78% 9.82% 10.00% 10.02%
Amount (Rs. / NCD) on Maturity for Category I, II, III, IV Rs.1000 Rs.1000 Rs.1000 Rs.1000
Put/Call Option NA

Issue Details

Issue Size (Net)
up to 525 Cr
Face Value
Rs. 1000 per NCD
Minimum Application
Rs. 10,000 (10 NCDs) across all series collectively
Issue Opening Date
January 9, 2023
Issue Closing Date
January 27, 2023
Listing On
BSE & NSE
Registrar
KFintech Private Limited

Issue Highlights

Base Issue
Rs. 175 Cr
Oversubscription
Rs. 350 Cr
Issue Size With Green Shoe Option
Rs. 525 Cr

Net Offer Breakup

Category
Allocation
Institutional
20%
Non-Institutional
20%
HNI
30%
Retails
30%
Total
100%

Prospectus

Prospectus File

* Please read offer documents / prospectus carefully before investing.

Company Highlights

IIFL FINANCE LIMITED
1.Company Information

IIFL Finance Limited (Formerly known as IIFL Holdings Limited) (“Company” / “Issuer”) is a Systemically Important Non-deposit taking Non-Banking Financial Company (“NBFC-ND-SI”) registered with the RBI, catering to the credit requirements of a diverse customer base with its plethora of products. Its offerings include home loans, gold loans, business loans including loans against property and medium and small enterprise financing, micro finance, construction and real estate finance and capital market finance; catering to both retail and corporate clients.

2. Ratings

CRISIL AA/Stabl (pronounced as CRISIL double A rating with Stable outlook) for an amount of Rs.50,000 million by CRISIL Limited (“CRISIL”) and [ICRA] AA (stable) (pronounced as ICRA Double A (stable)) for an amount of Rs. 50,000 million by ICRA Limited ("ICRA”)

3. IIFL Finance NCD September 2023 Registrar

   Link Intime India Private Ltd

   C 101, 247 Park, L.B.S.Marg

   Vikhroli (West), Mumbai - 400083

Phone:+91-22-4918 6270

Email:iifl.ncd2021@linkintime.co.in

Website: https://linkintime.co.in/

IIFL Finance Limited Financial Information (Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Total Borrowing
31-Mar-20
34373.41
4926.12
503.47
4667.66
27098.68
31-Mar-21
40666.92
5989.69
760.81
5265.75
31595.37
31-Mar-22
45910.18
7006.28
1188.25
6279.76
35255.97

Issue Summary

Issue Size (Net)
up to 1000 Cr
Face Value
Rs. 1000 per NCD
Minimum Application
Rs. 10,000 (10 NCDs) across all series collectively
Issue Opening Date
January 6, 2023
Issue Closing Date
January 18, 2023
Listing On
BSE & NSE
Registrar
Link Intime India Private Limited

Issue Highlights

Base Issue
Rs. 100 Cr
Oversubscription
Rs. 900 Cr
Issue Size With Green Shoe Option
Rs. 1000 Cr

Net Offer Breakup

Category
Allocation
Institutional
10%
Non-Institutional
10%
HNI
40%
Retails
40%
Total
100%

Prospectus

Prospectus File

* Please read offer documents / prospectus carefully before investing.

Company Highlights

Indiabulls Commercial Credit Limited
1.Company Information

Incorporated in 2006, Mumbai based Indiabulls Commercial Credit Limited (ICCL) is a non-deposit taking NBFC. rIt is a 100% subsidiary of Indiabulls Housing Finance Limited (IHFL), one of the largest housing finance companies in India.

The company's primary focus is on long-term secured mortgage-backed loans. It offers loans against the property to salaried and self-employed individuals, small and medium-sized enterprises. It also offers mortgage loans to real estate developers in the form of lease rental discounting for commercial premises and construction finance for the construction of residential premises.

ICCL has a pan-India presence across with offices in Tier I, Tier II and Tier III cities. The company has a sales team of over 3,500 employees.

As of March 31, 2018, mortgage loans constitutes 98.21% of the company's Asset Under Management (AUM).

It has a diversified lender base including PSUs, private banks, provident funds, pension funds, and mutual funds.

2. Ratings

This issue is rated CRISIL/AAA-Stable by CRISIL and CARE/AAA-Stable by CARE. The ratings of the NCDs indicate the highest degree of safety regarding timely servicing of financial obligations.

3. IIFL Finance NCD September 2023 Registrar

KFin Technologies Limited

   KFintech, Tower-B, Plot No 31 & 32

      Financial District, Nanakramguda, Gachibowli

   Hyderabad, Telangana India - 500 032.

Phone:04067162222, 04079611000

Email:Email: einward.ris@karvy.com

Indiabulls Commercial Credit Limited Financial Information (Consolidated)

Amount in Rs. Crore
Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
31-Mar-20
16387.3
2191.28
19.81
4406.95
31-Mar-21
15873.26
1632.94
139.04
4553.2
31-Mar-22
13143.65
1841.88
508.22
5064.84
Frequency of Interest Payment
Nature
Tenor
Coupon Rate (Retail)
Effective Yield (% per Annum)
Amount on Maturity
Series 1
Annual
Secured
24 months
9.80%
9.79%
Rs 1,000
Series 2
Cumulative
24 months
NA
9.80%
Rs 1,197.15
Series 3
Monthly
24 months
9.40%
9.80%
Rs 1,000
Series 4
Annual
36 months
10.05%
10.04%
Rs 1,000
Series 5
Cumulative
36 months
NA
10.05%
Rs 1,315.10
Series 6
Monthly
36 months
9.61%
10.04%
Rs 1,000
Series 7
Annual
60 months
10.30%
10.29%
Rs 1,000
Series 8
Monthly
60 months
9.85%
10.30%
Rs 1,000

Issue Details

Issue Size (Net)
up to 200 Cr
Face Value
Rs. 1000 per NCD
Minimum Application
Rs. 10,000 (10 NCDs) across all series collectively
Issue Opening Date
January 5, 2023
Issue Closing Date
January 27, 2023
Listing On
BSE & NSE
Registrar
KFIN Technologies Limited

Issue Highlights

Base Issue
Rs. 100 Cr
Oversubscription
Rs. 100 Cr
Issue Size With Green Shoe Option
Rs. 200 Cr

Net Offer Breakup

Category
Allocation
Institutional
30%
Non-Institutional
10%
HNI
30%
Retails
30%
Total
100%

Prospectus

Prospectus File

* Please read offer documents / prospectus carefully before investing.

Thanks for showing interest. However, There is no ongoing SME IPO.
Notify Me
Thanks for showing interest. However, There is no ongoing FPO.
Notify Me
 

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

Head Office - New Delhi 412-422, Indraprakash Building 21, Barakhamba Road, New Delhi – 01 Toll Free: 9350316010

Security

Follow Us


SEBI Registration No: NSE Cash: INB231219636 | SEBI Registration No: NSE Derivative: INF231219636 | SEBI Registration No: BSE Cash: INB011219632 | SEBI Registration No: MCX-SX: INE261219636 | SEBI Registration No: NSE Currency: INE231219636 | SEBI Registration No: USE: INE271219631 | SEBI Registration No: CDSL: IN-DP-CDSL-3242005 | NCDEX Membership No: 00635 | MCX Membership No: 28850 | NSEL Membership No: 10650 | RBI Registration No: NBFC: N-14.03215 | IRDA Registration Number : CB-066/03 | AMFI Registration No : ARN -0032| SEBI Registration No: Merchant Banker: INM000007508


* Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.


© 2022 RR Investors Capital Services Pvt. Ltd | All Rights Reserved.

Online