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INDEL MONEY NCD
Indel Money launches Rs 300 crore secured NCD public issue to fund lending, repaymentsIndel Money is launching its sixth public issue of secured Non-Convertible Debentures. The issue opens on October 13 and closes on October ...- NPAs in the gold loan sector will not go up due to a surge in gold prices, says Indel’s Umesh MohananIndel Money's Executive Director, Umesh Mohanan, anticipates no NPA surge in the gold loan sector despite rising gold prices. RBI's revised...
- Gold loan NBFCs seek priority sector status, UPI credit integration in Budget 2024Gold loan NBFCs seek priority sector status and inclusion in UPI-based credit systems in the upcoming Union Budget to drive financial inclu...
- Indel Money's NCD issue oversubscribed 1.5 times, attracting Rs 117.38 croreIndel Money's NCD issue, offering a yield up to 13.44%, was oversubscribed 1.5 times, attracting bids worth Rs 117.38 crore. The issue, whi...
- Gold loan NBFC Indel Money opens new NCD issue: Up to ₹150 crore on offer with attractive returnsIndel Money launches its fifth public issue of secured NCDs, offering a base amount of Rs 75 crore with an option to retain oversubscriptio...
- Kochi-based NBFC Indel Money to raise upto Rs 200 crore through NCDsNCDs proposed to be issued under this Issue are rated as BBB+/Stable ratings by Crisil. It indicates a moderate degree of safety regarding ...
- Indel Money announces 4th public issue of secured NCDsGold loan non-banking finance company Indel Money on Wednesday announced the 4th public issue of secured NCDs of face value of Rs 1,000 eac...
- Indel Money's net profit rises 127% in Q2FY24, revenue up 61%Gold loan non-banking finance company Indel Money has witnessed a rise of 127.21% in its net profit in the second quarter of FY24 to 18.91 ...
- Prevailing tight credit situation has been a major catalyst for gold loan growth: Umesh Mohanan, CEO, Indel MoneyWe are a growing company and we have a very optimistic outlook on the segment. We have targeted an annual growth of 70% and we are very con...
- Gold loan NBFC Indel Money looks to strengthen presence in western, central IndiaIn FY23, Indel Money witnessed an unprecedented over 250 percent growth in disbursement compared to that of FY22. The company disbursed loa...
- Indel Money announces 3rd tranche of NCDs to raise up to Rs 100 crGold loan non-banking finance company Indel Money has announced its third tranche of public issue of Secured NCDs with the face value of Rs...
- Indel Money announces 2nd tranche of public issue to raise up to Rs 100 croreThe NCDs are for a tenure of 366 days to 77 months with a coupon yielding up to 11.5 per cent per annum. Umesh Mohanan, executive director ...
- Indel Money launches Rs 150 crore NCDThe secured and unsecured NCDs come with a face value of Rs 1,000 each. The issue includes a base issue size for an amount of up to Rs 75 c...
- NBFC Indel Money to launch maiden Rs 150 cr NCD in SeptemberThe NBFC is also in talks with private equity (PE) funds to divest 15 per cent stake as it charts out a faster growth trajectory by enterin...
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