Please find attached intimation with respect to the captioned subject.
MONEYBOXX · price
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Moneyboxx Finance has allotted 32,000 secured, rated, listed, redeemable NCDs worth a total of INR 32 crore on a private placement basis to identified investors. The debentures carry a face value of INR 10,000 each with a coupon rate of 12.00% per annum, payable monthly. The tenor is 18 months and 6 days, maturing on November 11, 2026, with the principal repayable in two equal installments of INR 16 crore each on November 11, 2025 and November 11, 2026. The NCDs are secured by a first and exclusive charge on identified receivables and will be listed on BSE under ISIN INE296Q07068.
The 12% annual interest rate signals a relatively high cost of borrowing for this small finance NBFC, which will weigh on near-term profitability through higher interest expenses. However, the funds will support Moneyboxx's core lending business growth, and the monthly coupon plus structured principal repayment spreads out the cash outflow burden.