IIFL
Group’s
non-banking
finance
arm,
IIFL
Finance
Limited,
is
a
systemically
important
Non-Banking
Financial
Company
not
accepting
public
deposits
and
engaged
in
the
business
of
home
and
property
loans,
gold
loans,
loan
against
securities,
SME
business
and
micro-finance
loans.
IIFL
Finance
has
a
long-term
credit
rating
of
AA/Negative
by
Crisil,
AA+/Negative
by
Brickwork.
IIFL
Finance
Unsecured
Subordinated
Non-Convertible
Debentures
(Unsecured
NCDs)
subscription
to
start
on
3
March
2021.
IIFL
Finance
will
offer
10%
interest
rates
on
the
NCDs.
The
NCDs
tenure
will
be
for
87
Months.
IIFL Finance NCD Issue Details:
| NCD Issue Open | 03 March 2021 |
| NCD Issue Close | 25 March 2021 |
| NCD Issue Size | Base: 100 Cr. | Shelf: 900 Cr. |
| Price Band | ₹1000 |
| Interest Rate | Upto 10% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Maximum Investment | 1,000 Bonds (₹10,00,000) |
| Listing | BSE |
IIFL Finance NCD Issue Rating:
- CRISIL Ratings: “AA/Negative”
- Brickworks Ratings: “AA+/ Negative”
IIFL Finance NCD Issue Listing:
- NCD Bonds will be list on BSE.
IIFL Finance NCD Issue Promoters:
- Mr. Nirmal Jain
- Mr. Venkataraman Rajamani
How to Apply IIFL Finance NCD Issue?
You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.
IIFL Finance NCD (March 2021) Issue Tenure & Interest Rates: Details
| Annual | Monthly | Annual | Cumulative |
| 87 Months | 9.60%% | 10.00% | N/A |
IIFL Finance NCD Lead Manager:
- Edelweiss Financial Services Ltd
- Equirus Capital Private Limited
IIFL Finance NCD Allotment Status:
- IIFL Finance NCD issue allotment available on linkintime.com
NCD Registrar:
Link
Intime
India
Private
Ltd
C
101,
247
Park,
L.B.S.Marg,
Vikhroli
(West),
Mumbai
–
400083
Phone:
+91-22-4918
6270
Email:
[email protected]
Website:
http://www.linkintime.co.in
Company Information:
IIFL
Finance
Limited
802,
8th
Floor,
Hub
Town
Solaris,
N.S.
Phadke
Marg,
Vijay
Nagar,
Andheri
East,
Mumbai
400069,
Maharashtra
Phone:
+91
22
6788
1000
Email:
[email protected]
Website:
https://www.iifl.com/
