Indel Money NCD public issue, Aug 2026
Closed
Indel Money's public issue of secured redeemable non-convertible debentures ran from 18 Aug 2026 to 20 Aug 2026 and is closed. The issue was sized at ₹500 crore including the option to retain oversubscription. This page is kept for reference: the terms below are what the cited sources published at the time.
Issue details
| Status | Closed 20 Aug 2026 |
|---|---|
| Subscription window | 18 Aug 2026 to 20 Aug 2026 |
| Allotment | not stated in the sources cited |
| Base issue size | ₹250 crore |
| Option to retain oversubscription | ₹250 crore |
| Total issue size | ₹500 crore |
| Minimum application | ₹10,000 |
| Credit rating | A-/Stable |
| Rating agency | India Ratings & Research Private Limited |
| Proposed listing | BSE |
| Lead managers | Trust Investment Advisors Pvt. Ltd., Nuvama Wealth Management Ltd., IDBI Capital Markets & Securities Ltd. |
| Prospectus | Issuer prospectus (PDF) |
Series on offer
The sources cited below do not publish a per-series coupon and yield table for this issue, so none is shown here. The issue-level rating, window and size above are what those sources do state.
How this compares with Indel Money's listed bonds
The same issuer's listed bonds currently trade at 9% to 12% YTM across 7 listings on the platforms RightBonds tracks.
These are different bonds from the same issuer, with their own maturities, and a secondary-market yield moves with the price paid rather than being fixed the way an issue coupon is. Credit risk is the issuer's either way.
| Listed bond | Rating | YTM | Matures | Minimum |
|---|---|---|---|---|
| Indel Money Aug ’31 | A- | 12% | Aug 2031 | ₹982 |
| Indel | A- | 11.25% | Apr 2029 | ₹9,967 |
| Indel | A- | 11.15% | Mar 2028 | ₹9,890 |
| Indel Money Jan ’29 | A- | 11% | Jan 2029 | ₹1,00,954 |
| Indel Money Aug ’29 | A- | 11% | Aug 2029 | ₹985 |
| Indel Money Ltd. | A- | 10.75% | Aug 2028 | ₹985 |
| Indel Money | BBB+ | 9% | Mar 2027 | ₹1,01,125 |
Every listed Indel Money bond on RightBonds, with coupon, tenure and minimum investment side by side.
What the sources do and do not settle
Base size of 250 crore with an explicit option to retain oversubscription of a further 250 crore, aggregating to the 500 crore both aggregators report, so the greenshoe is recorded here rather than left out. The issue closed on 20 August 2026, two days after it opened, which is consistent with an early close on full subscription. No per-series coupon table was verified, so no series rows are shown; the prospectus linked below is the issuer's own document.
Sources
Other public issues
- Paisalo NCD, Aug 2026 closed 17 Aug 2026
- Chemmanur Credits and Investments NCD, Aug 2026 closed 17 Aug 2026
- Edelweiss Financial Services NCD, Sept 2026 closed 5 Oct 2026
- Muthoot Fincorp NCD, Sept 2026 closed 22 Sept 2026
- Kosamattam Finance NCD, Aug 2026 closed 1 Sept 2026
- KLM Axiva Finvest NCD, Aug 2026 closed 1 Sept 2026
The full NCD public issue calendar, open, upcoming and recently closed.
Dates and terms on this page come from the sources listed above and can change after publication. Verify every figure against the prospectus and the exchange filing before applying. RightBonds is not associated with the issuer or its lead managers, and nothing here is investment advice.