IIFL Finance announced that its public issue of secured, rated, listed redeemable non-convertible debentures (NCDs) was oversubscribed 4.75 times amounting to Rs 475.03 crore by end of the day 09 April 2025. The issue opened on Monday, 07 April 2025 and will close on Friday, 11 April 2025, due to oversubcription ahead of its proposed date of closing of  23 April 2025. The issue was offered on first come first served basis with an option of early closure.Powered by Capital Market - Live News

IIFL Finance has allotted 3,43,214 equity shares under ESOS on 04 April 2025. Upon allotment, the equity base of the Company stands increased from 42,45,16,570 to 42,48,59,784 equity shares having face value of Rs. 2/- each. Powered by Capital Market - Live News

IIFL Finance said that it will raise up to Rs 500 crore through a public issue of secured, rated, listed redeemable non-convertible debentures (NCDs). The funds raised will be used for the purpose of onward lending, financing / refinancing the existing indebtedness of the Company, and/or debt servicing (payment of interest and/or repayment / prepayment of interest and principal of existing borrowings of our Company) and general corporate purposes. The NCDs are rated �Crisil AA/Stable� by Crisil Ratings Limited and �[ICRA] AA (Stable)� by ICRA Limited. The debentures with these ratings are considered to have high degree of safety regarding timely servicing of financial obligations. Such debentures carry very low credit risk. The issue opens on Monday, 07 April 2025 and closes on Wednesday, 23 April 2025. IIFL Finance will issue NCDs up to Rs 100 crore (Base Issue Size), with an option to retain over-subscription of up to Rs 400 crore (Green Shoe Option) aggregating up to Rs 500 crore. The NCDs under Series IX offer highest effective yield of 10.24% per annum for the tenor of 60 months@. The NCDs are available in tenors of 15 months, 24 months, 36 months and 60 months. The frequency of interest payment is available on monthly, annual and cumulative basis. Powered by Capital Market - Live News

IIFL Finance has allotted 40,000 Secured, Listed, Rated, Redeemable, Non-Convertible Debentures (NCDs) of face value of Rs 1 lakh each aggregating to Rs 400 crore on private placement basis on 20 March 2025. Powered by Capital Market - Live News

IIFL Finance has approved the terms and conditions including enhancement of the size of the issue for the re-issuance of previously issued NCDs on private placement basis in the form of secured, listed, rated, redeemable, non-convertible debentures. The company has approved the enhancement upto Rs 700 crore (70,000 NCDs of face value of Rs 1,00,000 each) with a base issue size of Rs 425 crore and a green-shoe option to retain oversubscription up to Rs 275 crore). Powered by Capital Market - Live News