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Indel Money NCD Issue August 2026 Interest Rates

Indel Money NCD Bonds August 2026 are Open on August 18, 2026 and close on August 20, 2026. The Company will offer 11.50% interest rates on the NCD Bonds, and NCD tenure will be applicable for 400 Days, 24 months, 36 months, 60 Months and 72 months. The company will rase a fund of ₹500.00 crore through this NCD, the company has fixed the NCD price band at ₹1000 for this according to the face value of ₹1000. You can check Latest NCD issue here.

Indel Money NCD

The company Operating as a non-deposit-taking NBFC under RBI regulation, Indel Money Limited specializes in secured lending against household gold jewelry. Alongside its core focus, the firm offers commercial, real estate, and personal financing options. Its footprint spans 14 Indian states alongside the Puducherry union territory.

Gold loans represent the firm’s primary revenue driver, comprising ₹91,481.95 lakh (85.70% of total advances) by Q1 FY25, following a steady rise from ₹87,376.26 lakh in FY24, ₹57,923.24 lakh in FY23, and ₹42,275.76 lakh in FY22.

Serving a client base concentrated in semi-urban and rural markets, the institution operated 320 branches across key southern and western regions as of August 2024. Operations are backed by 1,731 employees and a centralized web platform that handles branch administration and credit management. Digitally, Indel Money engages users via mobile applications on iOS and Android alongside its proprietary payment gateway, E-Connect.

Object of the Issue :
  • For the purpose of onward lending, financing and for repayment/ prepayment of principal and interest of borrowings of the Company.
  • General corporate purposes.
Company Strenghts :
  • Non-deposit-taking NBFC in the Gold Loan sector in South India with a long operating history
  • Long-term gold loan schemes that are beneficial for customers
  • Doorstep delivery of gold loans
  • Well-established and growing branch network across rural and semi-urban areas in South India
  • The experienced management team and skilled personnel

Read also: Upcoming Rights Issue

Indel Money NCD Reviews :

NCD Review Card

Indel Money NCD Bonds 2026 Issue Details :

EventDetails
Issue Open :August 18, 2026
Issue Close :August 20, 2026
Issue Base Size :₹250.00 Cr.
Issue Size (Oversubscription) :₹250.00 Cr.
Tranche Issue Size :₹500.00 Cr.
Price Band :₹1000 Per NCD
Lot Size :1 NCD
Minimum Investment :₹10000
Face Value :₹1000 Each NCD
Interest Rate :Up To 11.50% Annual
Listing on :BSE Platform
Basis of Allotment :First Come First Serve
Important Link :

Indel Money NCD 2026 Tenure & Interest Rates :

SrTenureInterestCouponEff. Yield
1400 DaysMonthly9.00%9.00%
2400 DaysCumulativeNA%9.38%
324 MonthsMonthly9.50%9.91%
424 MonthsCumulativeNA%9.50%
536 MonthsMonthly10.00%10.46%
636 MonthsCumulativeNA%10.00%
760 MonthsMonthly11.00%11.56%
872 MonthsCumulativeNA%12.25%
972 MonthsMonthly11.50%12.12%

Company Financials (in Cr) :

YearAssetsRevenuePAT
2026₹3,716.55₹605.96₹123.97
2025₹1,244.93₹330.53₹44.58
2024₹1,244.93₹291.13₹39.86

NCD Allocation :

CategoryAllocation %
Institutional10.00%
Non-Institutional30.00%
HNI30.00%
Retail30.00%
Total100.00%
Promoters : ■ Kuzhuppilly Govinda Menon Anilkumar
NCD Lead Managers :
■ Trust Investment Advisors Pvt.Ltd.
■ Nuvama Wealth Management Ltd.
■ IDBI Capital Markets & Securities Ltd.
NCD Debenture Trustee :
Beacon Trusteeship Limited
5W, 5th Floor, The Metropolitan,
E Block, Bandra Kurla Complex,
Bandra (East), Mumbai – 400051,
Maharashtra, India
Tel: 022 4606 0278
Email: [email protected]
Investor Grievance Email: [email protected]
Website: https://www.beacontrustee.co.in
NCD Registrar :
MUFG Intime India Pvt. Ltd
C-101, Embassy 247, Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai,
Maharashtra – 400083, India
Tel: +91 810 811 4949
Email: [email protected]
Investor Grievance mail: [email protected]
Website: www.in.mpms.mufg.com

Note: Visit IPOBazar page and choose NCD Official Registrar Allotment Link. Click Here

Company Address :
ICL Fincorp Pvt. Ltd.
Unit no. 709, 72 Corp, Saki Vihar Rd,
Bandi Bazar, Nair Wadi, Saki Naka, Mumbai,
Maharashtra 400072, India
Tel: +91 22 6798 9889
Email: [email protected]
Website: https://www.indelmoney.com

Disclaimer: Stock Market Investments are Subject to Market risks, read all scheme Related Document Carefully Before Investing.

Indel Money NCD Issue August 2026 Interest Rates

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