Last updated on June 14, 2024
IIFL Samasta Finance NCD June 2024 Description –
IIFL Samasta is an important Non-Banking Finance company – Micro Finance Institution (NBFC MFI) in India that offers innovative and affordable financial products to women who are enrolled as members and organized as a Joint Liability Group (JLG) from unbanked sections in society across rural, semi-urban and urban areas in India.
The company is a subsidiary of IIFL Finance Limited and offers a wide range of loans tailored for underserved individuals who lack access to traditional banking services and includes income generation loans (IGL), top-up loans, loans against property, micro-enterprise loans, lifestyle and family welfare loans such as dairy cattle loan, sanitation and hygiene, acquisition of daily-use items like cook stoves, water purifiers, solar lights, mobile phones, and other products enhancing their way of life.
As of 31 March 2024, the company had a presence in 1,648 branches in 21 states and one union territory in India through 16,519 employees, serving an active customer base of 30.01 lakh, as of the same date.
Promoters of IIFL Samasta Finance – Narayanaswamy Venkatesh, Shivaprakash Deviah, and IIFL Finance Limited
Iifl Samasta Finance NCD June 2024 Details
| Subscription Dates | 3 – 14 Jun 2024 |
| Security Type | Secured, Rated, Listed, Redeemable, Non-Convertible Debentures |
| Face Value | INR 1,000 per NCD |
| Issue Price | INR 1,000 per NCD |
| Issue Size (Base Issue) | INR 200 crore |
| Overall Issue Size (including oversubscription) | INR 1,000 crore |
| Minimum Lot Size | 10 NCD |
| Market Lot | 1 NCD |
| Tenor | 24 month 36 month 60 month |
| Credit Rating | CRISIL AA-/ ACUITE AA |
| Category Reservation | Category 1 (QIB): 10% Category 2 (NII): 30% Category 3 (HNI): 30% Category 4 (Retail): 30% |
| Basis of Allotment | First Come First Serve |
| Listing On | BSE, NSE |
IIFL Samasta Finance NCD June 2024 – Options and Coupon Rates
| Option | Tenure | Interest Payment | Coupon Rate | Effective Yield | Maturity Amount |
| Series 1 | 24 months | Monthly | 9.20% | 9.60% | INR 1,000 |
| Series 2 | 24 months | Annual | 9.60% | 9.60% | INR 1,000 |
| Series 3 | 36 months | Monthly | 9.57% | 10.00% | INR 1,000 |
| Series 4 | 36 months | Annual | 10.00% | 10.00% | INR 1,000 |
| Series 5 | 60 months | Monthly | 10.03% | 10.50% | INR 1,000 |
| Series 6 | 60 months | Annual | 10.50% | 10.49% | INR 1,000 |
IIFL Samasta Finance Non-Convertible Debentures Lead Manager
TRUST INVESTMENT ADVISORS PRIVATE LIMITED
109/110, Balarama, Bandra Kurla Complex,
Bandra East, Mumbai – 400 051
Phone: +91 22 40845000
Email: [email protected]
Website: www.trustgroup.in
NUVAMA WEALTH MANAGEMENT LIMITED
801-804, Wing A, Building No 3, Inspire BKC,
G Block, Bandra Kurla Complex,
Bandra East, Mumbai – 400 051
Phone:Â +91 22 4009 4400
Email:Â [email protected]
Website: www.nuvama.com
IIFL SECURITIES LIMITED
24th Floor, One Lodha Place, Senapati Bapat Marg
Lower Parel (West) Mumbai – 400 013
Phone: +91 22 4646 4728
Email: [email protected]
Website:Â www.iiflcap.com
IIFL Samasta Finance Non-Convertible Debentures Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email: [email protected]
Website:Â www.linkintime.co.in
IIFL Samasta Finance Documents
- IIFL Samasta Finance NCD Tranche II Prospectus
- IIFL Samasta Finance NCD Draft Prospectus
- Upcoming NCDs
IIFL Samasta Finance Contact Details
IIFL SAMASTA FINANCE LIMITED
37A, Sannathi Street, Theradi, Thiruvottriyur,
Chennai – 600 019, Tamil Nadu
Phone: +91 80 4291 3588
Email: [email protected]
Website: www.iiflsamasta.com
IIFL Samasta Finance NCD June 2024 Subscription Status (no. of times)
| Date | QIB | NII | HNI | Retail | Total |
|---|---|---|---|---|---|
| 14 Jun 2024 | 0.00 | 0.73 | 1.65 | 1.21 | 1.08 |
| 13 Jun 2024 | 0.00 | 0.06 | 0.76 | 1.03 | 0.55 |
| 12 Jun 2024 | 0.00 | 0.06 | 0.72 | 0.87 | 0.50 |
| 11 Jun 2024 | 0.00 | 0.03 | 0.95 | 0.62 | 0.48 |
| 10 Jun 2024 | 0.00 | 0.03 | 0.95 | 0.62 | 0.48 |
| 7 Jun 2024 | 0.00 | 0.03 | 0.67 | 0.48 | 0.39 |
| 6 Jun 2024 | 0.00 | 0.03 | 0.38 | 0.34 | 0.23 |
| 5 Jun 2024 | 0.00 | 0.03 | 0.28 | 0.26 | 0.17 |
| 4 Jun 2024 | 0.00 | 0.03 | 0.14 | 0.18 | 0.10 |
| 3 Jun 2024 | 0.00 | 0.02 | 0.02 | 0.11 | 0.05 |
IIFL Samasta Finance NCD June 2024 Allotment Status
IIFL Samasta Finance NCD June 2024 allotment status will be updated on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
IIFL Samasta Finance NCD June 2024 FAQs
What is the face value and lot size of IIFL Samasta Finance NCD June 2024?
The NCDs will be issued at a face value of INR 1,000 each NCD and the minimum lot size is 10 NCDs.
What is the frequency of interest payment in IIFL Samasta Finance NCD June 2024?
The payment frequency for IIFL Samasta Finance NCD is Monthly or Annual.
What is the basis of allotment in IIFL Samasta Finance NCD June 2024 offer?
IIFL Samasta Finance NCDs will be allotted on a First Come First Serve Basis.
