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Indiabulls Consumer Finance Limited – Tranche II scheduling its Secured, Rated, Listed Redeemable Non convertible debentures from May 30, 2019 – June 21, 2019 having Base Issue Rs.100 Crore with an option to retain oversubscription up to Rs.900 Crore aggregating upto Rs.1,000 crore .

Investors can get all important information as Price, Date, Prospectus, Credit Rating, Listing, Maturity, allocation ratio, allotment status, subscription details, application form, Lead Managers and Registrar of the Issue.

Summary Of Issue:

Issue Indiabulls Consumer Finance Limited – Tranche II
Issue Open May 30, 2019 – June 21, 2019
Objective

1. At least 75 % of the proceeds will be utilized For the purpose of onward lending, financing, and for repayment of interest and principal of existing borrowings of the Company
2. Maximum up to 25% for General corporate purposes.

Total issue Size

Base Issue Rs.100 Crore with an option to retain oversubscription up to Rs.900 Crore aggregating upto Rs.1,000 crore.

Coupon Rate Upto 10.61% p.a.
Face Value Rs. 1,000 Per NCD
Nature of Instrument Secured NCDs of face value of Rs. 1,000
Minimum Application size Rs.10,000/-  ( 10 NCDs) thereafter  in multiples of Rs.1000/-(1 NCD) for all Options of NCDs.
Credit Ratings “AA/Stable” by CARE and “AA+” by Brickworks
Listing The NCDs are proposed to be listed on NSE and BSE. The NCDs shall be listed within six Working Days from the date of this Tranche II Issue Closure
Arranger TRUST INVESTMENT ADVISORS PRIVATE LIMITED
Issuance/Trading Dematerialized mode
Debenture Trustee IDBI TRUSTEESHIP SERVICES LIMITED
Registrar to the Issue KARVY FINTECH PRIVATE LIMITED

 


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Indiabulls Consumer Finance Limited – Tranche II Issue Allocation:

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 Allocation Ratio of Indiabulls Consumer Finance Limited – Tranche II (Category Wise)

 

Category Allocation Amount in Crs.
Total Issue
QIB 20%
Corporate 20%
HNI 30%
Retail 30%
Total 100%

 

Indiabulls Consumer Finance Limited NCD Subscription details

Category  Subscription Figure in crore
Institutional
Corporate
HNI
Retail
Total

 

* will be update after issue opening

 

Download Indiabulls Consumer Finance Limited

NCD Application Form

 


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Registrar To The Issue:-

  1. KARVY FINTECH PRIVATE LIMITED

Arranger to the Issue:-

  1. TRUST INVESTMENT ADVISORS PRIVATE LIMITED

 

 For More Details Contact us 011-42445800 / 9650901058

or


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