10.35% IIFL NCD January 2019 Issue Dates, Rating & Interest Rates – Should You Invest?

Vijay Prajapati
January 22, 2019

Vijay Prajapati

IIFL is coming up with Secured & Unsecured NCDs issue. The subscription to start from 22nd January 2019. India Infoline Finance will offer upto 10.35% interest rates on the NCDs. The NCDs are Rs.1000 each the the NCD issue is around Rs.2500 crore. The company incorporated in 2004 and RBI registered Non Banking Finance Company (NBFC). They offer loans like mortgage loans, construction and real estate finance, micro finance and capital market finance. The company is a subsidiary company of IIFL Holding Limited.

IIFL NCD Issue January 2019 Details:

NCD Issue Open: 22 January 2019
NCD Issue Close: 10 February 2019
NCD Issue Size: Rs.2500 Crore
Price Band: Rs.1000
NCD’s: 3,000,000 of Rs.1000 Each
Interest Rate: Upto 10.35% ** (Annually)
Minimum Investment: 10 Bonds (Rs 10,000)
Maximum Investment: 1,000 Bonds (Rs 10,00,000)
Listing: BSE, NSE

IIFL NCD Issue Rating:

Brickworks Ratings: AA+ / Satable
CRISIL Ratings: CRISIL AA / Stable
ICRA Ratings: AA / Stable

IIFL NCD Issue Listing:

NCD Bonds will be list on BSE & NSE.

IIFL NCD Issue Promoters:

NCD Breakup:

Institutional Portion: 20% of the issue
Non Institutional Portion: 20% of the issue
High Net Worth Individuals: 30% of the issue
Retail Investors: 30% of the issue

How to Apply IIFL 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 NCD (January 2019) Issue Tenure & Interest Rates: Details

IIFL NCD Lead Manager:

Edelweiss Capital Limited
ICICI Securities Limited
IIFL Holdings Limited
Trust Investment Advisors Private Limited

IIFL NCD (January 2019) Allotment Status:

IIFL NCD issue allotment available on linkintime.co.in

NCD Registrar:
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Fax: +91-22-4918 6060
Email: [email protected]
Website: http://www.linkintime.co.in

Company Information:
India Infoline Finance Limited
12A-10, 13th floor, Parinee Crescenzo,
C-38 & 39, 9, G-Block, Bandra Kurla Complex,
Bandra (East), Mumbai-400051
Phone: +91 22 6788 1000
Fax: +91 22 6788 1010
Email: [email protected]
Website: https://www.iifl.com/