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 Open | January 6, 2023 |
| NCD Issue Close | January 18, 2023 |
| NCD Issue Size | Base: 1000 Cr. | Shelf: 5000 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 9.00% ** (Annually) |
| Minimum Investment | 10 Bonds (₹1,000) |
| Listing on | BSE and NSE Platform |
| Credit Rating | CRISIL AA/Stable and ICRA AA (stable) |
| Tenor | 24, 36, and 60 Months |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click 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
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| I | 24 Month | Annual | 8.50% | 8.49% |
| II | 24 Month | Cumu. | NA | 8.50% |
| III | 36 Month | Annual | 8.75% | 8.74% |
| IV | 36 Month | Cumu. | NA | 8.75% |
| V | 60 Month | Month | 8.65% | 9.00% |
| VI | 60 Month | Annual | 9.00% | 8.99% |
| VII | 60 Month | Cumu. | NA | 9.00% |
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/
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