8.75% IIFL Finance NCD September 2021

1
NCD SubscriptionAllotment Status
IIFL Finance NCD September 2021

IIFL Finance NCD September 2021 description – IIFL Finance (formerly IIFL Holdings Limited) is a Systemically Important Non-deposit taking Non-Banking Financial Company registered with the RBI, catering to the credit requirements of a diverse customer base. The company received a registration as a Non-Banking Financial Company N-13.02386 dated 6 March 2020. Its offerings include the following

Home Loans: include finance for purchase of flats, construction of houses, extension and for improvement in the flats/homes.

Business Loans: include loans against property and small and medium enterprise financing. Loan against property (LAP) is availed for working capital requirements, business use or acquisition of new commercial property.

Gold Loans: includes finance against security of mainly used gold ornaments. It offers loan against gold to small businessmen, vendors, traders, farmers and salaried people for their personal needs as well as for working capital needs.

Microfinance: includes credit support mainly to women, who have either limited or no access to formal banking channels.

Construction and Real Estate finance: includes loans to developers for construction and development of predominantly affordable residential projects and a small proportion of mixed-use projects. Capital Market Finance: includes Loans against Securities, Margin Funding, IPO financing and other structured lending transactions.

Promoter of IIFL Finance – Mr. Nirmal Bhanwarlal Jai


IIFL Finance NCD September 2021 details

Subscription Dates27 September – 8 October 2021
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR1,000 per NCD
Issue PriceINR1,000 per NCD
Issue Size (Base)INR100 crore
Issue Size (including oversubscription)INR900 crore
Minimum Lot size10 NCDs
Market Lot1 NCD
Tenor24 months
36 months
60 months
Credit RatingCRISIL AA/Stable outlook
BWR AA+/Negative outlook
Category ReservationCategory 1 (QIB): 10%
Category 2 (NII): 10%
Category 3 (HNI): 40%
Category 4 (Retail): 40%
Basis of AllotmentFirst Come First Serve
Listing OnBSE, NSE

IIFL Finance NCD September 2021 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon Rate Effective Yield Maturity Amount
Series 124 monthsAnnual8.25%8.25%INR1,000
Series 224 monthsCumulativeNA8.25%INR1,171.80
Series 336 monthsAnnual8.50%8.49%INR1,000
Series 436 monthsCumulativeNA8.50%INR1,277.60
Series 560 months Monthly8.42%8.75%INR1,000
Series 660 months Annual8.75%8.75%INR1,000
Series 7 60 months Cumulative NA8.75%INR1,521.41

Registrar of IIFL Finance Non Convertible Debentures

Link Intime India Private Limited
C-101, 1st Floor, 247 Park Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in


IIFL Finance NCD Documents


IIFL Finance Contact Details

IIFL Finance Limited
802, 8th Floor, Hub Town Solaris, N.S. Phadke Marg, Vijay Nagar,
Andheri East, Mumbai 400069
Phone: +91 22 6788 1000
Email: : [email protected]
Website: www.iifl.com


IIFL Finance NCD September 2021 Subscription Status (no. of times)

Category 1 (QIB)Category 2 (NII)Category 3 (HNI) Category 4 (Retail) Total
8 Oct 2021 21.2020.605.527.429.36
7 Oct 202114.3019.203.836.547.49
6 Oct 2021 14.3017.883.355.836.89
5 Oct 2021 14.3017.693.445.206.66
4 Oct 202114.3019.592.744.586.32
1 Oct 2021 12.5018.972.543.755.66
30 Sep 20217.5013.401.872.753.94
29 Sep 20217.5011.141.441.953.22
28 Sep 20210.000.700.791.230.87
27 Sep 20210.000.610.300.600.42

IIFL Finance NCD September 2021 Allotment Status

IIFL Finance NCD Sep 2021 allotment status will be updated at the website of Link Intime. Click on this link to get allotment status.


IIFL Finance NCD Sep 2021 FAQs

What are IIFL Finance NCD September 2021 offer dates?

IIFL Finance NCD September 2021 offer opens on 27 September 2021 and closes on 18 October 2021. It should be noted that the NCD offer may be closed early in case of full subscription before the closing date.

What is basis of allotment in IIFL Finance NCD September 2021 offer?

IIFL Finance NCD’s will be allotted on a First Come First Serve Basis.

What is the face value and lot size of IIFL Finance NCD September 2021?

The NCD’s will be issued at a face value of INR1,000 each NCD and the minimum lot size is 10 NCDs.

What is the frequency of interest payment in IIFL Finance NCD Sep 2021?

The frequency of payment for IIFL Finance NCD Sep 2021 is Monthly, Annual and Cumulative.

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