IIFL Finance NCD June 2023 – Effective Yield 9.00% p.a.

IIFL Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on June 9, 2023. IIFL Finance will offer 9.00% interest rates on the NCDs. IIFL Finance NCD has a rating of Secured, Redeemable, Non-Convertible Debentures (Secured NCDs).. The NCDs tenure is for 24, 36 and 60 Months. Check out IIFL Finance NCD 2023 details here.
IIFL Finance

IIFL Finance Limited (hitherto referred to as IIFL) (NSE: IIFL, BSE: 532636) is one of the leading players in the financial services space in India. Together with its subsidiaries – IIFL Home Finance Limited, IIFL Samasta Finance Limited (Formerly known as Samasta Microfinance Limited), and IIFL Open Fintech Private Limited, it provides a diverse range of loans and mortgages. These include home loans, gold loans, business loans including loans against property and medium & small enterprise financing, microfinance, developer & construction finance, and capital market finance; catering to both retail and corporate clients. The company has a nationwide presence with a thriving network of 3000+ branches across 500+ cities.

IIFL Finance NCD June 2023 Issue Details

NCD Issue OpenJune 9, 2023
NCD Issue CloseJune 22, 2023
NCD Issue SizeBase: 300 Cr. | Shelf: 5000 Cr.
Price Band₹1000 per NCD
Interest RateUp to 9.00% ** (Annually)
Minimum Investment10 Bonds (₹1,000)
Listing onBSE, NSE Platform
Credit RatingCRISIL AA/Stable by CRISIL Limited,
and ICRA AA (stable) by ICRA Limited.
Tenor24, 36, and 60 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

IIFL Finance NCD June 2023 Promoters

  • Mr. Nirmal Bhanwarlal Jain
  • Mr. R. Venkatraman

How to Apply IIFL Finance NCD June 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 June 2023 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
I24 MonthAnnual8.35%8.34%
II24 MonthCumu.NA8.35%
III36 MonthAnnual8.50%8.49%
IV36 MonthCumu.NA8.50%
V60 MonthMonth8.65%8.99%
VI60 MonthAnnual9.00%8.99%
VII60 MonthCumu.NA9.00%

IIFL Finance NCD June 2023 Lead Manager

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

IIFL Finance NCD June 2023 Allotment Status

  • IIFL Finance NCD issue allotment available on Linkintime.

IIFL Finance NCD June 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
Phone: +91 22 4103 5000
Email: [email protected]
Website: http://www.iifl.com

IIFL Finance NCD June 2023 FAQs:


When is IIFL Finance NCD Open?

IIFL Finance NCD is to open on June 9 and close on June 22, 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 ₹300 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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