Please take print of the Application Form A4 paper size. Click here to download Application form of Indiabulls Consumer Finance Ltd NCD 2019
Attach following document along with the application form : –
1] PAN Card and Demat Proof Photo Copy attested by applicant.
2] One Cancelled Cheque copy.
3] Bidding is mandatory.
4] Cheque / DD not require as it is ASBA application
5] On first come first serve basis to be determined on the basis of the bid uploads made with the scheduled Stock Exchanges.
6] Keep photocopy of application form for your record.
7] Submit / deposit your NCD application form in Listed/ Design Bank Branches. (search below for your city)
8] To record and track the status/allotment of your application form, send us the soft copy Application Form/ Acknowledgement Slip.
9] The actual bond will reflect in your demat account within 2 weeks time form date of allotment.
10] Free Home Service available *

SBICap Securities Ltd Branches for submission of application Form

The following categories of persons are eligible to apply in the Issue:

Category I (Institutional) 20% of the overall issue size

• Resident Public Financial Institutions, Statutory Corporations including State Industrial Development Corporations, Commercial Banks, Co-operative Banks and Regional Rural Banks, which are authorized to invest in the NCDs;
• Provident Funds and Resident Pension Funds with minimum corpus of Rs. 250 million, Superannuation Funds and Gratuity Fund, which are authorised to invest in the NCDs;
• Venture Capital funds and / or Alternative Investment Funds registered with SEBI;
• Insurance Companies registered with the IRDA;
• National Investment Fund (set up by resolution no. F. No. 2/3/2005-DDII dated November 23, 2005 of the Government of India and published in the Gazette of India);
• Insurance funds set up and managed by the Indian army, navy or the air force of the Union of India or by the Department of Posts, India
• Mutual Funds, registered with SEBI.

Category II (Non Institutional) 20% of the overall issue size

• Companies; bodies corporate and societies registered under the applicable laws in India and authorised to invest in the NCDs;
• Educational institutions and associations of persons and/or bodies established pursuant to or registered under any central or state statutory enactment; which are authorized to invest in the NCDs;
• Public/private charitable/religious trusts which are authorised to invest in the NCDs;
• Scientific and/or industrial research organizations, which are authorised to invest in the NCDs;
• Partnership firms in the name of the partners;
• Limited liability partnerships formed and registered under the provisions of the Limited Liability Partnership

Category III (HNI) 30% of the overall issue size

• Resident Indian individuals or Hindu Undivided Families through the Karta applying for an amount aggregating to above Rs. 10 Lakh across all series of NCDs in Issue.

Category IV (Individuals) *10% of the overall issue size

• Resident Indian individuals or Hindu Undivided Families through the Karta applying for an amount aggregating up to and including Rs. 10 Lakh across all series of NCDs in Issue.

The following categories of persons, and entities, shall not be eligible to participate in the Issue and any Applications from such persons and entities are liable to be rejected:
a) Minors without a guardian name* (A guardian may apply on behalf of a minor. However, Applications by minors must be made through Application Forms that contain the names of both the minor Applicant and the guardian);
b) Foreign nationals, NRI inter-alia including any NRIs who are (i) based in the USA, and/or, (ii) domiciled in the USA, and/or, (iii) residents/citizens of the USA, and/or, (iv) subject to any taxation laws of the USA;
c) Persons resident outside India and other foreign entities;
d) Foreign Institutional Investors;
e) Foreign Portfolio Investors;
f) Qualified Foreign Investors;
g) Overseas Corporate Bodies; and
h) Persons ineligible to contract under applicable statutory/regulatory requirements.

◘ Indiabulls Consumer Finance Limited (ICFL) is a non-deposit taking systemically important NBFC registered with the RBI and a 100% subsidiary of India bulls Ventures Limited, a listed Indian company. The company focuses primarily on providing personal loans, business loans (unsecured SME loans and secured SME loans) and other loans. ICFL’s AUM increased by 4254.60% from Rs. 91.91 crores as at March 31, 2017 to Rs. 4,001.83 crore as at March 31, 2018.
◘ ICFL is part of the Indiabulls Ventures group, which is a prominent financial services company providing brokering, lending and wealth management businesses, amongst other businesses.
◘ ICFL’s promoter Indiabulls Ventures Limited, was incorporated in 1995; The promoter has infused funds periodically in the form of equity in the company. As of December 31, 2018, ICFL had presence in more than 100 cities throughout India through which they market their loan products, enabling them to operate on a pan-India basis.
◘ In Fiscal 2018, ICFL launched their end-to-end personal loan fulfilment mobile based application “Dhani”, an automated mode of lending which will enable loan application, risk analysis, credit approval, underwriting and disbursal processes to be carried out electronically through the application.
◘ ICFL’s innovative marketing of loans both online (through “Dhani”) and offline (through partners network) resulted in an increase in the loans disbursed by us by 1767% from 0.15 lakhs in the third quarter of Fiscal 2018 to 2.90 lakhs in the third quarter of Fiscal 2019. Similarly, the loans disbursed by them increased by 57% from 1.90 lakhs in the second quarter of Fiscal 2019 to 2.90 lakhs in the third quarter of Fiscal 2019.
◘ ICFL’s loan book amounted to Rs. 10,334.38 crores as at December 31, 2018 with a CRAR of 36.67% as at March 31, 2018. The CRAR maintained by them is significantly higher than the minimum capital adequacy requirement of 15.00% as stipulated by the RBI, and the average CRAR of 15.70% as of March 31, 2018 maintained by NBFCs.
◘ As at March 31, 2018, its gross NPAs as a percentage of AUM was 0.05%, and net NPAs as a percentage of AUM was 0.05%. As of September 30, 2018, March 31, 2018, 2017 and 2016, capital to risk (weighted) assets ratio was 39.83%, 36.67%, 90.03% and 108.51% respectively.
◘ ICFL’s revenue from operations increased by 1123% from Rs. 57.24 crores in Fiscal 2017 to Rs. 700.04 crores in the Fiscal 2018. Profit after tax increased by 2761% from Rs. 6.69 crores in Fiscal 2017 to Rs. 191.52 crores in the Fiscal 2018. For the nine month period ending December 31, 2018, revenue from operations was Rs. 1,148.67 crores and its profit after tax was Rs. 319.48 crores. Its revenue from operations and profit after tax grew at a compound annual growth rate (“CAGR”) of 4799.18% and 13808.64%, respectively, from Fiscal 2016 to Fiscal 2018.

STRENGTHS
◘ Strong brand recognition and operational and business linkages:
ICFL is a part of the Indiabulls Ventures group and ICFL believe that their relationship with the India bulls Ventures group provides brand recall and ICFL will continue to derive significant marketing and operational benefits. ICFL believe that the brand value and scale of the business operations of the Indiabulls Ventures group provides them with an advantage in an increasingly competitive market.

◘ Country wide reach allows them to market their products across India :- ICFL lending business is sourced digitally as well as through partners, direct selling agents and sales team. Company has also entered into arrangements with certain verification agencies supervised by their internal management to conduct site visits to verify identity and other information of applicants in certain cases. Due to their presence across India along with their on-site credit verification process, they have established a diverse customer base, situated across India.

◘ Marketing of loan products through on-line platforms enables them to extend the market reach of their loan products :- ICFL have developed a mobile application for their personal loans called “Dhani”, which is aimed at providing an integrated and automated loan processing platform for their customers. Company expect to develop their presence as a technology-enabled financing company by adopting advanced analytics to simplify and revolutionize credit assessments and financing decisions, and enable a short turnaround time credit decisions and automated loan sanction processes across India.

◘ Customer sourcing and marketing models have resulted in scalable growth:- Customer sourcing includes sourcing of customers by their partners and sourcing of customer through “Dhani” mobile application. The network of their partners, who source the customers for personal, business and other loans provided by the Company, increased by about seven times from 109,253 partners as at September 30, 2018 to over 7,00,000 partners as at December 31, 2018.

◘ Strong in-house loan monitoring and collections teams keeping NPAs in check :- The Company monitors compliance with terms and conditions of the relevant credit facilities. Its collection personnel are trained to assist customers in understanding applicable repayment options and payment modes and ensure appropriate arrangements are made for the repayment of the loan. It uses various collection strategies for delinquent loans, including settlements and restructured payment plans.

◘ Strong in-house customer services team to provide quality customer service :- The Company believes that call centres and an emphasis on superior customer service will be significant drivers as it continues to grow its lending business and introduces its mobile application based loan processing platform, “Dhani”. It primarily targets personal loans and loans for businesses, and has implemented various customer oriented practices. 

◘ Liquid balance sheet with strong capital adequacy:- As at September 30, 2018 and March 31, 2018, the Company’s CAR was 39.83% and 36.67% respectively as compared to the average CAR of 15.70% as of March 31, 2018 maintained by the NBFCs as compared to the minimum capital adequacy requirement of 15.00% as stipulated by the RBI. (Source: ICRA Report 2018). The Company also believes that it benefits from a liquid balance sheet with a high net worth and a comfortable capital to risk weighted assets ratio. As at December 31, 2018, the Company had cash and cash equivalent of Rs. 755.64 crore.

KARVY FINTECH PRIVATE LIMITED (FORMERLY KNOWN AS KCPL ADVISORY SERVICES PRIVATE LIMITED)***
Karvy Selenium Tower B, Plot No – 31 & 32, Financial District, Nanakramguda,
Serilingampally, Hyderabad Rangareddy, Telangana– 500 032;
Telephone No.: +91 40 6716 2222; Facsimile No.: +91 40 2343 1551;
Email: icfl.ncd1@karvy.com;
Investor Grievance Email:einward.ris@karvy.com;
Website: www.karvyfintech.com;
Contact Person: Mr. M Murali Krishna
SEBI Registration. No.: INR000000221; CIN: U67200TG2017PTC117649

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Sanriya Investment Advisors Pvt. Ltd.
Kamdhenu, 2nd Floor, Opp. Prakash (MSEB Office) Bhavan,
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(M): 9175193456 / 9175937626
(E): santosh@sanriya.in ; info@sanriya.in (w): www.sanriya.in