IIFL Finance NCD January 2023 Details

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IIFL Finance is a Mumbai-based non-deposit taking NBFC company that was founded in 1995. The organisation is listed with the RBI as an NBFC-ND-SI, or Systemically Important Non-Deposit Taking Non-Banking Financial Company. With its wide range of products, the company meets the credit needs of a varied consumer base. Home loans, gold loans, business loans, loans secured by property, financing for small and medium-sized businesses, microfinance, financing for construction and real estate, and capital market financing are among the services it provides to both individual consumers and businesses. 

IIFL Finance NCD January 2023 Details 

Subscription Dates 6 – 18 January 2023 
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) 
Face Value INR 1,000 per NCD 
Issue Price INR 1,000 per NCD 
Issue Size (Base) INR 100 crores 
Overall Issue Size (including oversubscription) INR 1,000 crores 
Minimum Lot size 10 NCDs 
Market Lot 1 NCD 
Tenor 24 months 
36 months 
60 months 
Credit Rating CRISIL AA/Stable 
ICRA AA (stable) 
Category Reservation Category 1 (QIB): 10% 
Category 2 (NII): 10% 
Category 3 (HNI): 40% 
Category 4 (Retail): 40% 
Basis of Allotment First Come First Serve 
Listing On BSE, NSE 
Muthoot Fincorp NCD January 2023 Details 

NCD Allocation Ratio 

Category ? NCD’s Allocated 
Institutional 10% 
Non-Institutional 10% 
HNI 40% 
Retail 40% 

NCD’s Offered by Category 

Category ? NCD’s Reserved 
Institutional 100,000 
Non-Institutional 100,000 
HNI 400,000 
Retail 400,000 
Total NCD’s 1,000,000 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Total Borrowing 
31-Mar-20 34373.41 4926.12 503.47 4667.66 27098.68 
31-Mar-21 40666.92 5989.69 760.81 5265.75 31595.37 
31-Mar-22 45910.18 7006.28 1188.25 6279.76 35255.97 
Amount in ₹ Crore 

Objects of the Issue 

The company proposes to utilize the funds for the following objects which are being raised through the Issue: 

  • For the purpose of onward lending, financing, and refinancing the existing indebtedness of IIFL Finance Limited – At least 75% 
  • General Corporate Purposes – Maximum of up to 25% 

IIFL Finance NCD January 2023 Prospectus

Company Contact 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: csteam@iifl.com

IIFL Finance NCD January 2023 Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai – 400083

Phone: +91-22-4918 6270
Email: iifl.ncd2022@linkintime.co.in
Website: https://linkintime.co.in/

IIFL Finance NCD January 2023 Lead Manager(s)

  1. Edelweiss Financial Services Ltd
  2. IIFL Securities Ltd
  3. Equirus Capital Private Limited
  4. Trust Investment Advisors Private Limited


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