Taxable
Tax Category
07 Feb, 2026
Maturity Date
(8 Mo 29 D to mature)
Monthly
Interest Payment Frequency
Yes
NRI Eligibility
07 Nov, 2024
Allotment Date
NA
Put Date
07 Jun, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
11%
Coupon
Not Applicable
Coupon Basis
Quote Not Available
Current Yield
23 May, 2025
Record Date
Error Generating Cashflow 😥. We are looking into this.
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
Indel Money Limited (IML), is a non-deposit taking NBFC registered with RBI is a part of the Indel Corporation Private Limited group. IML does business through 239 branches as on June 30, 2023, in the states of Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Maharashtra, Union Territory of Puducherry and Odisha. Gold loans constitute around 88% of the loan portfolio of IML as on March 31, 2023. Apart from gold loans, the company also offers other products such as Business loans, Privilege loans and MSME loans.
The ratio in FY24 is 4x and it was 4.78x in FY23, indicating decrease in debt levels due to steady growth in profit due to consistent rise in new customer acquisition, branch expansion, customer outreach programmes and ongoing digital initiatives.
Debt/EBITDA
The ratio in FY24 is 1.48x and it was 1.35x in FY23, indicating improvement in debt servicing ability of the issuer due to increase in profitability in FY24.
Interest coverage ratio
May 22, 2024 | Indel Money Limited
Jan 25, 2024 | Indel Money Limited
Select the number of units below
BOND VALUE DETAILS
Cashflow for INE0BUS07BJ4 |
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Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
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Security Name |
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11.00% Indel Money Limited 07 Feb 2026 |
Credit Rating |
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BBB + by CRISIL |
Coupon Frequency |
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Monthly |
Face Value |
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₹1,00,000 |
Coupon |
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11.000000% |
YTM or YTC |
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YTM |
Maturity Date |
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07/02/2026 |
Security |
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Senior Secured |
No. of Bonds |
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1 |
Settlement Date |
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Principal Amount |
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₹NaN |
Accrued Interest |
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₹NaN |
Stamp Duty |
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₹0 |
Total Amount Payable |
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₹NaN |
Price |
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₹NaN |
Yield |
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% |
Year | Payment Date | Amount | Amount after TDS | Payout Type |
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Quote Not Available for purchase
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.