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 Open | June 9, 2023 |
| NCD Issue Close | June 22, 2023 |
| NCD Issue Size | Base: 300 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, NSE Platform |
| Credit Rating | CRISIL AA/Stable by CRISIL Limited, and ICRA AA (stable) by ICRA Limited. |
| 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 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
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| I | 24 Month | Annual | 8.35% | 8.34% |
| II | 24 Month | Cumu. | NA | 8.35% |
| III | 36 Month | Annual | 8.50% | 8.49% |
| IV | 36 Month | Cumu. | NA | 8.50% |
| V | 60 Month | Month | 8.65% | 8.99% |
| VI | 60 Month | Annual | 9.00% | 8.99% |
| VII | 60 Month | Cumu. | NA | 9.00% |
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?
What is IIFL Finance NCD Issue Size?
On Which platform the IIFL Finance NCD will list?
How to apply for IIFL Finance NCD?
You can apply from your existing Demat account online and offline.
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- Source: https://ipowatch.in/iifl-finance-ncd-issue-june-2023/
