Indel Money Limited has announced that its 6th Public Issue of Non-Convertible Debentures with a face value of ₹1,000 each, aggregating to ₹300 crore, has been oversubscribed by 315 per cent.
The NCD Issue, which started on October 13, pre-closed on October 24 and the company received bids worth ₹472.79 crore. The Issue was scheduled to close on October 28.
The funds raised through this issue will be used for the purpose of onward lending, financing and for repayment/ prepayment of principal and interest on borrowings of the Company and general corporate purposes, said a press release.
Published on November 4, 2025
