Indel announces public issue of up to Rs 200cr of secured NCDs

Indel Money Limited, a gold lending NBFC, has launched fourth public issue of secured NCDs with face value of Rs 1000 apiece. The issue begins on Tuesday, January 30, 2024, and ends on Monday, February 12, 2024. Money raised through this issuance will be utilized for onward lending, financing, and repayment and prepayment of principal and interest on Company's borrowings.

Jan 18, 2024 - 16:30
Indel announces public issue of up to Rs 200cr of secured NCDs
Indel Money Limited, a gold lending NBFC, has launched fourth public issue of secured NCDs with face value of Rs 1000 apiece. The issue begins on Tuesday, January 30, 2024, and ends on Monday, February 12, 2024. Money raised through this issuance will be utilized for onward lending, financing, and repayment and prepayment of principal and interest on Company's borrowings.