Bond Directory / INDEL MONEY LIMITED

INDEL MONEY LIMITED

ACTIVE

SECURED RATED LISTED REDEEABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. OPTION VII. DATE OF MATURITY 24/10/2024.

ISIN

INE0BUS07080

Copied

Essentials

Coupon Rate (Returns)

-

Rating

BBB+  CRISIL RATINGS LIMITED

Interest Payment Frequency

-

-

Maturity after

3 months

Oct 24, 2024

Face Value

₹1,000

Coupon Type

Compounding

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

2.38 Crores

Issue Price

₹1,280

Security class

Debentures

Listing details

BSE

Debenture Trustee

Vistra ITCL (India) Limited

Issue

Public Issue

Issuer Details

INDEL MONEY LIMITED

Business Sector

165

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

*Rating Agency -CRISIL RATINGS LIMITED

Issue Size

Small

Rating Category*

BBB

Tax Saving

No

Mode of Issuance

Public Issue

Coupon Type

Compounding

Factors

Issue Size

Small

Rating Category*

BBB

Tax Saving

No

Mode of Issuance

Public Issue

Coupon Type

Compounding

*Rating Agency - CRISIL RATINGS LIMITED

Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

BBB+

(Sep 02, 2021)

Instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.

Credit Outlook

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

Rating Watch

4

-

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Senior

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

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Want to know more?

Download Issue Documents (Information Memorandum / Termsheet)

What other details I need to know?

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How do I buy this bond?

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