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Indel Money launches ₹300 crore NCD issue to fund loans and repay debt, with 75% tied to those uses.
Indel Money Limited has launched a ₹300 crore public issue of secured Non-Convertible Debentures (NCDs) from October 13 to 28, 2025, with each NCD at ₹1,000 face value.
The funds will primarily support onward lending and repayment of existing borrowings, with at least 75% allocated to those uses.
As of June 30, 2025, the company managed ₹2,690 crore in assets, with gold loans comprising 91.82% of its portfolio.
The company operates 366 branches across 15 states and union territories.
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Indel Money lanza una emisión de NCD de ₹ 300 crores para financiar préstamos y reembolsar deudas, con el 75% vinculado a esos usos.