IIFL Home Finance Limited is based in Maharashtra and incorporated in 2009. They are subsidiary of IIFL Finance one of the leading financial service provider engaged in the business of loans and mortgages. They provide home loans, gold loans, business loans including loans against property and medium and small enterprise financing, microfinance, developer and construction finance, and capital market finance. The provide their offerings to corporate and retail investors.
IIFL Home Finance has a rating of CRISIL AA/Stable and BWR AA+/ Negative by CRISIL. IIFL Home Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on 08 December 2021. IIFL Home Finance will offer 8.75% interest rates on the NCDs. The NCDs tenure is for 36, 60, 84 Months.
IIFL Home Finance NCD Issue Details
| NCD Issue Open | 08 December 2021 |
| NCD Issue Close | 28 December 2021 |
| NCD Issue Size | Base: 100 Cr. | Shelf: 900 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Upto 8.75% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Maximum Investment | 1,000 Bonds (₹10,00,000) |
| Listing on | BSE & NSE Platform |
IIFL Home Finance NCD Issue Rating
- CRISIL Ratings: CRISIL AA/Stable and BWR AA+/ Negative
IIFL Home Finance NCD Issue Listing
- NCD Bonds to list on BSE & BSE platforms.
IIFL Home Finance NCD Issue Promoters
- IIFL Finance Limited
How to Apply IIFL Home Finance NCD Issue?
You can apply from your existing Demat account online and offline. You can apply via downloading the form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centers.
IIFL Home Finance NCD (December 2021) Issue Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| I | 36 months | Annual | 8.25% | 8.24% |
| II | 36 months | Cumu | NA | 8.25% |
| III | 60 months | Month | 8.20% | 8.51% |
| IV | 60 months | Annual | 8.50% | 8.50% |
| V | 60 months | Cumu | NA | 8.50% |
| VI | 84 months | Month | 8.43% | 8.76% |
| VII | 84 months | Annual | 8.75% | 8.74% |
| VIII | 84 months | Cumu | NA | 8.75% |
IIFL Home Finance NCD Lead Manager
- Edelweiss Financial Services Ltd
- Equirus Capital Private Limited
- ICICI Securities Limited
- IIFL Securities Ltd
- Trust Investment Advisors Private Limited
IIFL Home Finance NCD Allotment Status
- IIFL Home Finance NCD issue allotment available on Linkintime
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: https://linkintime.co.in/
Company Information
IIFL Home Finance Ltd
IIFL House, Sun Infotech Park, Road No. 16V,
Plot No. B-23, MIDC, Thane Industrial Area,
Wagle Estate, Thane – 400604, Maharashtra, India
Phone: +91 22 4103 5000
Email: [email protected]
Website: https://www.iifl.com/home-loans
IIFL Home Finance NCD FAQs:
When is IIFL Home Finance NCD Open?
IIFL Home Finance NCD to open on December 08 and close on December 28, 2021.
What is IIFL Home Finance NCD Price?
The company has fixed the price at ₹1000 per NCD.
What is IIFL Home Finance NCD Issue Size?
The NCD issue size is ₹100 crores.
On Which platform the IIFL Home Finance NCD will list?
IIFL Home Finance NCD will list on BSE & NSE Platforms.
How to apply for IIFL Home Finance NCD?
You can apply from your existing Demat account online and offline.
