Indiabulls Consumer Finance NCD Review

Indiabulls Consumer Finance NCD Review

Indiabulls Consumer Finance Limited is a non-deposit taking NBFC. This is mainly Mumbai based company. The content is based on Indiabulls Consumer Finance NCD Review.

About Indiabulls Consumer Finance NCD Issue Details :

  • The issue opens on- May 30, 2019.
  • The issue close on- June 21, 2019.
  • Issue Type : Secured, Redeemable, NCD (non-convertible debentures).
  • Face value: Rs. 1000 Per NCD.
  • Issue size (Base) : Rs 1,000.00 Crores.
  • Issue size (Shelf) : Rs 3,000.00 Crores.
  • Issue price: Rs. 1000 Per NCD.
  • Market lot: 1 NCD.
  • Listing At: BSE, NSE
  • Minimum order quantity: 10 NCD.
  • DRHP: Click Here

Purpose of Issuing NCD :

  • For the purpose of onward lending, financing, and for repayment of interest and principal of existing borrowings of Indiabulls Consumer Finance Limited.
  • General corporate purposes.

About Indiabulls Consumer Finance :

  • Indiabulls Consumer Finance Limited was incorporated in 1994.
  • This company is a 100% subsidiary of Indiabulls Ventures Limited.
  • Indiabulls Consumer Finance Limited also has a product called ‘Indiabulls Dhani’, a completely online personal loan fulfilment offering.
  • This company also offers online trading services.
  • Indiabulls Consumer Finance Limited (ICFL) also offers business loans to small and medium businesses.
  • This company has a client base of over 6 lacs customers.
  • Indiabulls Consumer Finance Limited (ICFL) has a dedicated sales team of over 900 individuals in more than 18 cities.
  • This company also markets non-discretionary wealth management products through its subsidiaries.
  • Indiabulls Consumer Finance Limited (ICFL) also caters to small and medium businesses by offering business and other Loans.

LOCATION :

Head Office :
Indiabulls Finance Centre,
Indiabulls House, Tower 01,
8th & 9th Floor, Senapati Bapat Marg,
Elphinstone Road, Mumbai – 400 013,
Maharashtra.
Phone – 022-6189-9016

Corporate Office :
Indiabulls Finance Centre,
Indiabulls House, Tower 01,
9th Floor, Senapati Bapat Marg,
Elphinstone Road, Mumbai – 400 013,
Maharashtra.
Phone – 022-6189-9016

Registered Office :
M-62 & 63,
First Floor Connaught Place
New Delhi – 110001.
Phone – 011-30252900

The Board of Directors of this company :

  • Mr. Pinank Jayant Shah, aged 39 years, is a Whole-time Director and Chief Executive Officer of this Company.
  • Mr. Gagan Banga, aged 43 years, is a Non-Executive Director of this company.
  • Mr. Ajit Kumar Mittal, aged 59 years, is a Non-Executive Director of this company.
  • Mr. Nafees Ahmed, aged 46 years, is a Non-Executive Director of this company.
  • Ms. Preetinder Virk, aged 36 years, is a Non-Executive Director of this company.
  • Brig. Labh Singh Sitara (Retd.), aged 79 years, is an Independent Director of this company.
  • Mr. Alok Kumar Misra, aged 66 years, is an Independent Director of this company.

Services of Indiabulls Consumer Finance Limited :

Personal Loans :

  • Completely Online Process
  • Tenure ranging from 3 months to 24 months
  • Loan from Rs. 1,000 to Rs. 15 Lakhs
  • Interest rates starting @ 11.99% p.a
  • Money in your bank instantly

Business Loans :

  • Loans up to Rs 40 lacs
  • Flexible repayment tenure of 12 to 48 months
  • Hassle free documentation and faster decision
  • No collateral/ guarantor required
  • Door step service

Secured Loans :

  • Quick loan approvals
  • Safe document storage – ISO certified process
  • Loan transfers with top-ups
  • Doorstep service
  • Quick disbursement

Indiabulls Partner :

  • Quick and easy app to earn extra income
  • No office or employees required
  • Instant Payouts
  • Zero investment
  • Track application of your customers

This Company’s Strategies :

  • Growth of Indiabulls Consumer Finance Limited’s lending business.
  • Leverage their financial strength and improved ratings to increase this company’s competitiveness, diversify their funding mix and reduce their funding costs
  • Securitisation and sell down of company’s loan products.
  • Continue to maintain prudent risk management policies for their assets under management.
  • Leverage on technology to improve customer reach and operating efficiency.

Strengths of Indiabulls Consumer Finance Limited :

  • Strong brand recognition and operational and business linkages of Indiabulls Consumer Finance Limited.
  • The countrywide reach allows us to market their products across India.
  • Marketing Indiabulls Consumer Finance Limited’s loan products through their online platforms enable us to extend the market reach of their loan products.
  • Indiabulls Consumer Finance Limited customer sourcing and marketing models have resulted in scalable growth.
  • This company’s strong in-house loan monitoring and collections teams keeping NPAs in check.
  • Indiabulls Consumer Finance Limited strong in-house customer services team allows us to provide quality customer service.
  • A liquid balance sheet with strong capital adequacy.

Financial Statement :

Indiabulls Financial Statement

Indiabulls Consumer Finance NCD Review :

The above statement contains a profit-loss record of the company. It reflects the company has gained maximum profit in the financial year 2018. The profit is quite abruptly high in the financial year 2018. Now, let’s have a quick look at the fundamental data of the company. Basic and diluted EPS (earnings per share) is 127.85. Based on our analysis, Indiabulls Consumer Finance NCD Review carries a NEGATIVE view. The company’s financial report carries a CAUTIONS approach.

Indiabulls Consumer Finance NCD Review

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