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9.00% IIFL Finance NCD January 2023

IIFL Finance

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IIFL Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on January 6, 2023. IIFL Finance will offer 9.00% interest rates on the NCDs. IIFL Finance NCD has a rating of CRISIL AA/Stable by CRISIL Limited and ICRA AA (stable) by ICRA Limited.. The NCDs tenure is for 24, 36, and 60 Months. Check out IIFL Finance NCD 2023 details here.

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 Finance NCD January 2023 Issue Details

NCD Issue OpenJanuary 6, 2023
NCD Issue CloseJanuary 18, 2023
NCD Issue SizeBase: 1000 Cr. | Shelf: 5000 Cr.
Price Band₹1000 per NCD
Interest RateUp to 9.00% ** (Annually)
Minimum Investment10 Bonds (₹1,000)
Listing onBSE and NSE Platform
Credit RatingCRISIL AA/Stable and ICRA AA (stable)
Tenor24, 36, and 60 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

IIFL Finance NCD January 2023 Promoters

  • Mr. Nirmal Bhanwarlal Jain
  • Mr. R. Venkataraman

How to Apply IIFL Finance NCD January 2023 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 up all the details with the cheque for the said amount. You can submit it to the collection centers.

IIFL Finance NCD January 2023 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
I24 MonthAnnual8.50%8.49%
II24 MonthCumu.NA8.50%
III36 MonthAnnual8.75%8.74%
IV36 MonthCumu.NA8.75%
V60 MonthMonth8.65%9.00%
VI60 MonthAnnual9.00%8.99%
VII60 MonthCumu.NA9.00%

IIFL Finance NCD January 2023 Lead Manager

  • Edelweiss Financial Services Ltd
  • Equirus Capital Private Limited
  • IIFL Securities Ltd
  • Trust Investment Advisors Private Limited

IIFL Finance NCD January 2023 Allotment Status

  • IIFL Finance NCD issue allotment available on Linkintime.

IIFL Finance NCD January 2023 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 Finance Limited
IIFL House, Sun Infotech Park, Road No. 16V,
Plot No. B-23, Thane Industrial Area,
Wagle Estate, Thane 400 604
Phone: +91 22 4103 5000
Email: [email protected]
Website: http://www.iifl.com/

IIFL Finance NCD January 2023 FAQs:


When is IIFL Finance NCD Open?

IIFL Finance NCD is to open on January 6 and close on January 18, 2023.

What is IIFL Finance NCD Price?

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

What is IIFL Finance NCD Issue Size?

The NCD issue size is ₹1000 crores.

On Which platform the IIFL Finance NCD will list?

IIFL Finance NCD will list on BSE and NSE Platforms.

How to apply for IIFL Finance NCD?

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

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