10.50% IIFL Samasta Finance NCD June 2024

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Last updated on June 14, 2024

NCD Subscription Allotment Status
IIFL Samasta Finance NCD June 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.

IIFL Samasta Finance

Promoters of IIFL Samasta Finance – Narayanaswamy Venkatesh, Shivaprakash Deviah, and IIFL Finance Limited


Iifl Samasta Finance NCD June 2024 Details

Subscription Dates3 – 14 Jun 2024
Security TypeSecured, Rated, Listed, Redeemable, Non-Convertible Debentures
Face ValueINR 1,000 per NCD
Issue PriceINR 1,000 per NCD
Issue Size (Base Issue)INR 200 crore
Overall Issue Size (including oversubscription)INR 1,000 crore
Minimum Lot Size10 NCD
Market Lot1 NCD
Tenor24 month
36 month
60 month
Credit RatingCRISIL AA-/
ACUITE AA
Category ReservationCategory 1 (QIB): 10%
Category 2 (NII): 30%
Category 3 (HNI): 30%
Category 4 (Retail): 30%
Basis of AllotmentFirst Come First Serve
Listing OnBSE, NSE

IIFL Samasta Finance NCD June 2024 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon RateEffective YieldMaturity Amount
Series 124 monthsMonthly9.20%9.60%INR 1,000
Series 224
months
Annual9.60%9.60%INR 1,000
Series 336
months
Monthly9.57%10.00%INR 1,000
Series 436
months
Annual10.00%10.00%INR 1,000
Series 560
months
Monthly10.03%10.50%INR 1,000
Series 660
months
Annual10.50%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: +91 22 4009 4400
Email[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: 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: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in


IIFL Samasta Finance Documents


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)

DateQIBNIIHNIRetailTotal
14 Jun 20240.000.731.651.211.08
13 Jun 20240.000.060.761.030.55
12 Jun 20240.000.060.720.870.50
11 Jun 20240.000.030.950.620.48
10 Jun 20240.000.030.950.620.48
7 Jun 20240.000.030.670.480.39
6 Jun 20240.000.030.380.340.23
5 Jun 20240.000.030.280.260.17
4 Jun 20240.000.030.140.180.10
3 Jun 20240.000.020.020.110.05

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.

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