Dhani Loans and Services NCD 2022 Isue Date, Rating & Interest

Dhani Loans and Services NCD 2022

Dhani Loans and Services NCD 2022 (April) are Open on 19 April 2022 and to close on 10 May 2022. The Company will offer 11% interest rates on the NCD Bonds. And NCD tenure will be applicable for 370 days, 24 months, 36 months. The company will raise Base fund of ₹100 crores and shelf fund ₹100 Cr. through this NCD, the company has fixed the NCD price band at ₹1000 for this according to the face value of ₹1000.

Dhani Loans and Services Limited, formerly Indiabulls Consumer Finance Limited is a non-deposit taking NBFC registered with the Reserve Bank of India and is a 100% subsidiary of Dhani Services Limited. As digitization transformed the banking and financial sector, the company recognized a great opportunity and ventured into the retail lending space with Dhani Loans and Services Limited.

Read also: Upcoming IPO List 2022

Dhani Loans and Services Limited, has struck a sweet spot by providing a future ready digitised product to its consumers with Dhani. Dhani is a completely online personal loan fulfillment offering which provides customers with money directly in their bank accounts. The product has been developed to cater to the aspirational needs of the everyday Indian by providing speed and convenience to their personal loan needs. Along with personal loans, DLSL also caters to small and medium businesses by offering business and other Loans.

Dhani Loans and Services NCD Review :

AVOID

Dhani Loans and Services NCD Security Name :

Dhani Loans and Services Limited

Dhani Loans and Services NCD Security Type :

Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)

Dhani Loans and Services NCD 2022 Ratings :

AgencyRating
IVRAA/ Stable Outlook

Dhani Loans and Services NCD 2022 Issue Details :

Issue Open19 April 2022
Issue Close10 May 2022
Issue Base Size₹100 Cr.
Issue Shelf Size₹100 Cr.
Price Band₹1000 Per NCD
Face Value₹1000 Each NCD
Interest Rate11.00% Annual
Listing onBSE & NSE Platform
Dhani Loans and Services NCD 2022

Dhani Loans and Services NCD 2022 Market Lot :

Market Lot1 Lot
Minimum Lot size :10 NCD
Minimum Investment :₹10,000

Dhani Loans and Services NCD Bond Issue Tenure & Interest Rates :

SR1234567
Tenure370 Days24 Month24 Month24 Month36 Month36 Month36 Month
NatureSecuredSecuredSecuredSecuredSecuredSecuredSecured
InterestCumulativeAnnualCumulativeMonthlyAnnualCumulativeMonthly
Coupon RateN/A10.50%N/A10.03%11.00%N/A10.49%
Effective Yield10.00%10.49%10.50%10.50%10.99%11.00%11.00%
Maturity₹1101.44₹1000₹1221.36₹1000₹1000₹1368.05₹1000
Upstox Referal
Read also: All Upcoming IPO Grey Market Premium 2022

Company Promoters :

■ Mr. Pinank Jayant Shah

■ DRHP Draft Prospectus
■ RHP Draft Prospectus

Dhani Loans and Services IPO Lead Managers :

■ Edelweiss Financial Services Ltd
■ Trust Investment Advisors Private Limited

Dhani Loans and Services NCD IPO Registrar :

KFIN Technologies Private Limited
(formerly known as Karvy Fintech Private Limited)
Selenium Tower B, Plot No – 31 & 32
Financial District, Nanakramguda, Serilingampally
Hyderabad Rangareddi, Telangana– 500 032
Telephone No.: +91 40 6716 2222
Facsimile No.: +91 40 2343 1551
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.kfintech.com

Company Address :

Dhani Loans and Services Limited
M-62 & 63, First Floor, Connaught Place,
New Delhi – 110 001
Phone: +91 11 3025 2900
Email: [email protected]
Website: https://www.dhaniloansandservices.com/

Dhani Loans and Services NCD 2022 FAQs:

What is Dhani Loans and Services NCD 2022?
Dhani Loans and Services NCD is Security Bond.

When Dhani Loans and Services NCD 2022 will open?
The Dhani Loans and Services NCD is to open on 19 April 2022 and closes on 10 May 2022.

What is the Dhani Loans and Services NCD 2022 Base fund Size?
Dhani Loans and Services NCD size is ₹100 Crores.

What is the issue Shelf size of Dhani Loans and Services NCD?
The Fresh issue size of Dhani Loans and Services NCD ₹100 Cr.

What is Dhani Loans and Services NCD Price Band?
Dhani Loans and Services NCD Price Band is ₹1000 Per NCD.

What is Dhani Loans and Services NCD Minimum Lot Size?
The Dhani Loans and Services NCD Minimum Lot Size 10.

What is Dhani Loans and Services NCD Interest Rate?
The Dhani Loans and Services NCD Interest Rate is 11% Annual.

What is the Dhani Loans and Services NCD Allotment Date?
Dhani Loans and Services NCD allotment date is Not Declare.

What is Dhani Loans and Services NCD Listing Date?
Dhani Loans and Services NCD listing date is Not Declare. The IPO to list on NSE, BSE.

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Dhani Loans and Services NCD 2022 Isue Date, Rating & Interest
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