Investing in InCred Financial Services Limited's NCDs: A Profitable Opportunity

Incred NCD in the ever-evolving world of finance, finding secure and attractive investment options is crucial. InCred Financial Services Limited, a non-banking financial company, offers an exciting opportunity for investors through its public issue of secured redeemable non-convertible debentures (NCDs). With a solid reputation, strong financials, and an impressive track record, InCred's NCDs provide a convenient and rewarding investment avenue. Let's delve into why these NCDs should be on your radar.

A Brief Overview of InCred Financial Services Limited

InCred Financial Services Limited, based in Mumbai, is a relatively new entrant in the financial services sector. Established in February 2017, InCred has quickly made a name for itself by leveraging technology and data science to streamline its lending processes, ensuring quick and efficient services. This approach has earned them a noteworthy position in the market.

What InCred NCD Is Really Good At:

Solid Financial Foundation: InCred boasts a robust financial base, backed by a large number of investors, which ensures stability.

Experienced Leadership : The company benefits from a board and management team with significant expertise in the financial industry.

Responsible Money Practices: InCred follows careful policies for lending and collecting money, which help keep their assets strong.

Details of the InCred NCD Issue

Now, let's take a closer look at the NCDs being offered by InCred Financial Services Limited :

• Issue Size (Net) : Up to Rs. 1,000 Crores
• Credit Ratings : CRISIL A+/Stable
• Issue Opening Date : 25th October 2023
• Issue Closing Date : 7th November 2023
• Face Value : Rs. 1,000 per NCD
• Minimum Application : Rs. 10,000 (10 NCDs) collectively across all options
• Frequency of Interest Payment : Monthly, Quarterly, and Annual options
• Tenor : Ranging from 18 months to 36 months
• Coupon Rates : Varying from 9.48% to 10.3%
• Redemption Amount : Rs. 1,000 per NCD or staggered redemption options

The Investment Appeal of InCred's NCDs

InCred's NCDs present a compelling investment opportunity for a variety of reasons :

Attractive Returns : The coupon rates range from 9.48% to 10.3%, providing competitive returns compared to traditional fixed income options .

Diverse Tenor Options : Investors can choose a tenor that suits their investment horizon, ranging from 18 months to 36 months.

Staggered Redemption: For those looking for periodic payouts, InCred's NCDs offers staggered redemption options, ensuring a steady stream of income.

Secure and Rated : The InCred's NCDs are secured and have been assigned a strong credit rating of CRISIL A+/Stable, indicating a lower level of credit risk.

Multiple Interest Payment Frequencies: Investors can select a payment frequency that aligns with their cash flow needs, be it monthly, quarterly, or annually.

Diversification: Investing in InCred's NCDs can be a prudent way to diversify your portfolio and reduce risk.

Allocation Ratio and Basis of Allotment

InCred's allocation ratio caters to a wide range of investors:

QIB : 5%

Corporate : 10%

HNI : 40%

Retail Individual : 45%

The basis of allotment is on a "First come, First serve" basis, making it accessible to a broad spectrum of investors.

In conclusion, InCred Financial Services Limited's NCDs are a secure and lucrative investment opportunity that aligns with various investment preferences. With a strong financial foundation, prudent management, and attractive returns, these NCDs offer a convenient way for investors to grow their wealth while enjoying periodic payouts. Consider diversifying your portfolio with InCred's NCDs and benefit from the stability and profitability they offer. Don't miss the chance to invest in a promising financial instrument – seize the opportunity while it lasts!