IIFL Home Finance Limited was founded in 2009. It’s a housing finance company registered with the NHB(National Housing Bank). Moreover, it offers home loans, gold loans, business loans, and loans for small and medium-sized businesses, which means they can borrow money for their businesses. Additionally, this company provides varied types of mortgage loans, such as housing loans, that help one to build a home and improve it. Secured business loans are appropriate for funds of businesses and to purchase commercial property. As of September 30, 2024, it has a total of 387 branches in 18 different states and 2 in the United Territory, at the same time it has around 427,048 customers. This home loan finance has a goal of staying adaptable and in touch with advanced technology for sustainable growth. In 2024 certain borrowings decreased from Rs 17,683.61 crores to Rs 16,867.54 crores. Moreover, the increased revenue ratio is 21%, and profit after tax (PAT) is 30% by the end of 2024.
IIFL Home Finance NCD Tranche I December 2024 Details
NCD Issue Open | December 6, 2024 |
NCD Issue Close | December 19, 2024 |
NCD Issue Size | Base: 100 Cr. | Shelf: 3000 Cr. |
Price Band | ₹1000 per NCD |
Interest Rate | Up to 9.25% ** (Annually) |
Minimum Investment | 10 Bonds (₹10,000) |
Listing on | BSE, NSE Platform |
Credit Rating | CRISIL AA/Stable |
Tenor | 24, 36, 60 and 84 Months |
Basis of Allotment | First Come First Serve Basis |
DRHP Document | Click Here |
RHP Document | Click Here |
IIFL Home Finance NCD Tranche I December 2024 Promoters
- The Company has no identifiable promoters and is a professionally managed company.
How to Apply IIFL Home Finance NCD Tranche I December 2024 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 Home Finance NCD Review
- Avoid
IIFL Home Finance NCD Tranche I December 2024 Tenure & Interest Rates
Opt | Tenure | Payment | Coupon | Eff. Yield |
1 | 24 Month | Annual | 8.85% | 8.85% |
2 | 24 Month | NA | NA | 8.85% |
3 | 36 Month | Month | 8.65% | 9% |
4 | 36 Month | Annual | 9% | 9% |
5 | 36 Month | NA | NA | 9% |
6 | 60 Month | Month | 8.9% | 9.27% |
7 | 60 Month | Annual | 9.25% | 9.25% |
8 | 60 Month | NA | NA | 9.25% |
9 | 84 Month | Annual | 9.25% | 9.25% |
IIFL Home Finance NCD Allocation Ratio
Category | Allocation |
Institutional | 20% |
Non-Institutional | 20% |
HNI | 30% |
Retail | 30% |
IIFL Home Finance NCD Tranche I December 2024 Lead Manager
- Iifl Securities Ltd
- Trust Investment Advisors Private Limited
IIFL Home Finance NCD Tranche I December 2024 Allotment Status
- IIFL Home Finance NCD issue allotment available on LinkInTime.
IIFL Home Finance NCD Tranche I December 2024 Registrar
Link Intime India Private Limited
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/initial_offer/public-issues.html
Company Information
IIFL Home Finance Limited
IIFL House, Sun Infotech Park
Road No. 16V, Plot No. B-23, MIDC Thane Industrial
Wagle Estate, Thane �400 604, Maharashtra
Phone: +91 22 2580 6654
Email:
Website: https://www.iiflhomeloans.com/