Dhani Loans and Services NCD April 2022 Date, Rating & Interest Rates
Written by Lucky Wilson | KJMM.COM on April 12, 2022
Dhani Loans and Services Limited, formerly Indiabulls Consumer Finance Limited is a non-deposit-taking NBFC registered with the RBI. They are 100% subsidiary of Dhani Services Limited (promoted by). The company recognized a great opportunity and ventured into the retail lending space with Dhani Loans and Services Limited. They have struck a sweet spot by providing a future-ready digitized product to its consumers with Dhani. Dhani is a completely online personal loan fulfillment offering that provides customers with money directly in their bank accounts. The company also caters to small and medium businesses by offering business and other Loans.
Dhani Loans and Services has a rating of IVR AA/ Stable Outlook. Dhani Loans and Services Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on 19 April 2022. Dhani Loans and Services will offer 11.00% interest rates on the NCDs. The NCDs tenure is for 370 days, 24 months, and 36 months.
Dhani Loans and Services NCD April 2022 Issue Details
NCD Issue Open | 19 April 2022 |
NCD Issue Close | 10 May 2022 |
NCD Issue Size | Base: 100 Cr. | Shelf: 100 Cr. |
Price Band | ₹1000 per NCD |
Interest Rate | Up to 11.00% ** (Annually) |
Minimum Investment | 10 Bonds (₹1,000) |
Listing on |
BSE & NSE Platform |
Dhani Loans and Services NCD April 2022 Rating
- Credit Rating: IVR AA/ Stable Outlook
Dhani Loans and Services NCD April 2022 Listing
- NCD Bonds to list on BSE & NSE platforms.
Dhani Loans and Services NCD April 2022 Promoters
How to Apply Dhani Loans and Services NCD April 2022 Issue?
You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.
Dhani Loans and Services NCD April 2022 Tenure & Interest Rates
Opt | Tenure | Payment | Coupon | Eff. Yield |
I | 370 Days | Cumm | NA | 10.00% |
II | 24 Month | Annual | 10.50% | 10.49% |
III | 24 Month | Cumm | NA | 10.50% |
IV | 24 Month | Month | 10.03% | 10.50% |
V | 36 Month | Annual | 11.00% | 10.99% |
VI | 36 Month | Cumm | NA | 11.00% |
VII | 36 Month | Month | 10.49% | 11.00% |
Dhani Loans and Services NCD April 2022 Lead Manager
- Edelweiss Financial Services Ltd
- Trust Investment Advisors Private Limited
Dhani Loans and Services NCD April 2022 Allotment Status
- Dhani Loans and Services NCD issue allotment available on KFintech
Dhani Loans and Services NCD April 2022 Registrar
KFin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
Company Information
Dhani Loans and Services Limited
M-62 & 63,
First Floor, Connaught Place
New Delhi – 110 001,
Phone: +91 11 4353 2950
Email: [email protected]
Website: http://www.dhaniloansandservices.com/
Dhani Loans and Services NCD April 2022 FAQs:
Dhani Loans and Services NCD is to open on April 19 and close on May 10, 2022.
The company has fixed the price at ₹1000 per NCD.
The NCD issue size is ₹100 crores.
Dhani Loans and Services NCD will list on BSE & NSE Platforms.
You can apply from your existing Demat account online and offline.
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