IIFL Finance NCD Tranche I February 2026 – Effective Yield 10.24% p.a.

IIFL Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on February 17, 2026. IIFL Finance will offer 10.24% interest rates on the NCDs. IIFL Finance NCD has a rating of AA/Stable by Crisil Ratings Limited, AA+/Stable by Brickwork Ratings India Private Limited. The NCDs tenure is for 15, 24, 36, and 60 Months. Check out IIFL Finance NCD 2026 details here.

IIFL Finance NCD Tranche I February 2026

IIFL Finance Business Overview

Set up in 1995, IIFL Finance Limited, previously known as India Infoline Finance Limited, is a non-banking financial company (NBFC) situated in Mumbai, India. The firm is involved in offering a wide range of financial services, such as home loans, gold loans, business loans, microfinance, and loans against pledge. IIFL Finance serves retail and micro, small, and medium enterprises (MSMEs), offering them flexible financial services. 

The company has its 1000 branches spanning across India, with over 10,500 employees working for the company. With the support of global investors such as Fairfax Financial Holdings, General Atlantic, and CDC Group, the firm has even established its operations internationally in Canada, the United States, the United Kingdom, Singapore, Hong Kong, and the United Arab Emirates.


IIFL Finance NCD Tranche I February 2026 Details

NCD Issue OpenFebruary 17, 2026
NCD Issue CloseMarch 4, 2026
Issue Size (Base)₹500 Crores
Tranche Issue Size₹2000 Crores
Tranche Number1
Issue Size (Oversubscription)₹1,500 Crores
Issue Size (Shelf)₹2000 Crores
Price Band₹1000 per NCD
Interest RateUp to 10.24% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE, NSE Platform
Credit RatingAA-/Stable by CARE Ratings Limited and AA-/Stable by ICRA Limited
Tenor15, 24, 36, and 60 Months
Basis of AllotmentFirst Come, First Served Basis
DRHP DocumentPDF
RHP DocumentPDF

IIFL Finance NCD Tranche I February 2026 Promoters

  • The promoters of the company are Mr. Nirmal Bhanwarlal Jain and Mr. R. Venkatraman.

How to Apply IIFL Finance NCD Tranche I February 2026 Issue?

You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling out all the details with the cheque for the said amount. You can submit it to the collection centers.

IIFL Finance NCD Review

  • May Apply

IIFL Finance NCD Tranche I February 2026 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
115 MonthsAnnual9%9.06%
215 MonthsCumu.NA9%
324 MonthsAnnual9.3%9.3%
424 MonthsCumu.NA9.3%
536 MonthsMonthly9.35%9.76%
636 MonthsAnnual9.75%9.74%
736 MonthsCumu.NA9.75%
860 MonthsMonthly9.6%10.03%
960 MonthsAnnual10.25%10.24%

IIFL Finance NCD Allocation Ratio

CategoryAllocation
Institutional20%
Non-Institutional30%
HNI35%
Retail15%

IIFL Finance NCD Tranche I February 2026 Lead Manager

  • IIFL Capital Services Ltd.
  • Nuvama Wealth Management Ltd.
  • Trust Investment Advisors Pvt.Ltd.

IIFL Finance NCD Tranche I February 2026 Allotment Status

  • IIFL Finance NCD issue allotment is available on MUFG Intime.

IIFL Finance NCD Tranche I February 2026 Registrar

MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email:
Website: https://in.mpms.mufg.com/initial_offer/public-issues.html

Company Information

IIFL Finance Ltd.
IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23, Thane Industrial Area
Wagle Estate, Thane – 400604
Thane, Maharashtra, 400604
Phone: +91 22 4103 5000
Email: [email protected]
Website: http://www.iifl.com/

IIFL Finance NCD Tranche I February 2026 FAQs:


When is IIFL Finance NCD Open?

IIFL Finance NCD is to open on February 17, 2026 and close on March 4, 2026.

What is IIFL Finance NCD Price?

The company has fixed the price at ₹1000 per NCD.

What is IIFL Finance NCD Base Issue Size?

The NCD Base issue size is ₹500 crores.

On Which platform the IIFL Finance NCD will list?

IIFL Finance NCD will list on BSE, NSE Platforms.

How to apply for IIFL Finance NCD?

You can apply from your existing Demat account online and offline.

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Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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