Dhani Loans and Services NCD 2022 are Open on 04 January 2022 and to close on 27 January 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 ₹150 crores and shelf fund ₹150 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.
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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 :
■ Apply Your Own Risk Or 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
Dhani Loans and Services NCD Ratings
| Agency | Rating |
| IVR | AA/Stable |
Dhani Loans and Services NCD Bonds Issue Details
| Issue Open | 04 January 2022 |
| Issue Close | 27 January 2022 |
| Issue Base Size | ₹150 Cr. |
| Issue Shelf Size | ₹150 Cr. |
| Price Band | ₹1000 Per NCD |
| Face Value | ₹1000 Each NCD |
| Interest Rate | 11.00% Annual |
| Listing on | BSE & NSE Platform |
Dhani Loans and Services NCD Market Lot
| Market Lot | 1 Lot |
| Minimum Lot size : | 10 NCD |
| Minimum Investment : | ₹10,000 |
Dhani Loans and Services NCD Bond Issue Tenure & Interest Rates
| SR | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Tenure | 370 Days | 24 Month | 24 Month | 24 Month | 36 Month | 36 Month | 36 Month |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Interest | Cumulative | Annual | Cumulative | Monthly | Annual | Cumulative | Monthly |
| Coupon Rate | N/A | 10.50% | N/A | 10.03% | 11.00% | N/A | 10.49% |
| Effective Yield | 11.00% | 10.50% | 10.50% | 10.50% | 10.99% | 11.00% | 11.00% |
| Maturity | ₹1101.44 | ₹1000 | ₹1221.03 | ₹1000 | ₹1000 | ₹1368.05 | ₹1000 |
About Dhani Loans and Services Company
The Company is a non-deposit taking systemically important NBFC registered with the RBI and a 100% subsidiary of Dhani Services Limited (formerly Indiabulls Ventures Limited), a listed Indian company. We provide transaction finance to our customers through an array of product offerings on the Dhani App and also provide personal loans, secured and unsecured business loans to individual and corporates.
We are part of the Dhani group. Our Promoter, Dhani Services Limited (formerly Indiabulls Ventures Limited) is a consumer business that provides digital healthcare and digital transactional finance to its customers. Dhani Services Limited (formerly Indiabulls Ventures Limited) was incorporated in 1995. Dhani Services Limited is a consumer business that operates its mobile application “Dhani” (“Dhani App”) through which it provides digital healthcare and digital transactional finance to its’ customers. Growing from a personal finance business to now offering a range of products across both healthcare and financial services.
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we believe that Dhani Services Limited has continually prioritized the need to design offerings made for current market environment while continuously analysing the need for new products as the market evolves. Set out below is an image representing the services offered by Dhani Services Limited through the Dhani App.
Company Promoters :
■ Mr. Pinank Jayant Shah
Quick Link :
■ 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 FAQs:
What is Dhani Loans and Services NCD?
Dhani Loans and Services NCD is Security Bond.
When Dhani Loans and Services NCD will open?
The Dhani Loans and Services NCD is to open on 04 Jan 2022 – 27 Jan 2022.
What is the Dhani Loans and Services NCD Size?
Dhani Loans and Services NCD size is ₹150 Crores.
What is the issue Shelf size of Dhani Loans and Services NCD?
The Fresh issue size of Dhani Loans and Services NCD ₹150 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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