IIFL Home Finance NCD Tranche I December 2024 – Effective Yield 9.25% p.a.

IIFL Home Finance Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on December 6, 2024. IIFL Home Finance will offer 9.25% interest rates on the NCDs. IIFL Home Finance NCD has a rating of CRISIL AA/Stable. The NCDs tenure is for 24, 36, 60 and 84 Months. Check out IIFL Home Finance NCD 2024 details here.

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 OpenDecember 6, 2024
NCD Issue CloseDecember 19, 2024
NCD Issue SizeBase: 100 Cr. | Shelf: 3000 Cr.
Price Band₹1000 per NCD
Interest RateUp to 9.25% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE, NSE Platform
Credit RatingCRISIL AA/Stable
Tenor24, 36, 60 and 84 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick 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

OptTenurePaymentCouponEff. Yield
124 MonthAnnual8.85%8.85%
224 MonthNANA8.85%
336 MonthMonth8.65%9%
436 MonthAnnual9%9%
536 MonthNANA9%
660 MonthMonth8.9%9.27%
760 MonthAnnual9.25%9.25%
860 MonthNANA9.25%
984 MonthAnnual9.25%9.25%

IIFL Home Finance NCD Allocation Ratio

CategoryAllocation
Institutional20%
Non-Institutional20%
HNI30%
Retail30%

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/

IIFL Home Finance NCD Tranche I December 2024 FAQs:


When is IIFL Home Finance NCD Open?

IIFL Home Finance NCD is to open on December 6, 2024 and close on December 19, 2024.

What is IIFL Home Finance NCD Price?

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

What is IIFL Home Finance NCD Issue Size?

The NCD issue size is ₹100 crores.

On Which platform the IIFL Home Finance NCD will list?

IIFL Home Finance NCD will list on BSE, NSE Platforms.

How to apply for IIFL Home Finance NCD?

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

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