News > Indel Money aims IPO in FY27, floats debentures worth Rs 200 crore

Indel Money aims IPO in FY27, floats debentures worth Rs 200 crore

Gold loan company Indel Money's fourth public issue of secured, redeemable Non-Convertible Debentures (NCDs) of Rs 1,000 face value would open for subscription on January 30 and offers the highest rate option of 12.25 per cent for 72 months. The issue includes a base size for an amount of up to Rs 100 crore with an option to retain over-subscription up to Rs 100 crore aggregating up to Rs 200 crore.