
Indel Money Limited
ISIN: INE0BUS07CJ2
About The Issuer
Indel Money Limited, established in 1986, is a non-deposit-taking non-banking financial company (NBFC) registered with the Reserve Bank of India. The company specializes in providing gold loans, offering financial assistance against household gold jewelry, and also extends loans against property, business loans, and personal loans. As of June 30, 2023, Indel Money's assets under management stood at ₹1,295 crore, with gold loans constituting approximately 88% of its loan portfolio. The company operates through a network of 239 branches across states including Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Maharashtra, Odisha, and the Union Territory of Puducherry.