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| Issue Size (Base) | ₹500.00 Cr |
| Issue Size (Shelf) | ₹2000.00 Cr |
| Face Value | ₹1000 each NCD |
| Issue Price | ₹1000 per NCD |
| Market Lot | 1 NCD |
| Min Order Qty | 10 NCD |
| Min Order Amount | ₹10000 |
| Listing at | BSE, NSE |
| Credit Rating | Crisil Ratings Limited : AA Brickwork Ratings India Private Limited : AA+/Stable |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 55,372.41 | 62,421.16 | 53,001.32 | 45,910.18 |
| Revenue | 5,201.98 | 10,490.47 | 8,447.11 | 7,006.28 |
| Profit After Tax | 245.09 | 1,974.22 | 1,607.55 | 1,188.25 |
| Net Worth | 11,867.93 | 10,357.16 | 8,790.5 | 6,273.85 |
| Amount in ₹ Crore | ||||
Mr. Nirmal Bhanwarlal Jain and Mr. R. Venkatraman are the company promoters.
The company intends to utilize the proceeds from the net issue for the following objects:
| # | Issue Objects |
|---|---|
| 1 | Onward lending, financing, and refinancing the existing indebtedness of the company (payment of the interest and/or repayment /prepayment of the principal of borrowings), and |
| 2 | General Corporate Purposes. |
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 | |
|---|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Monthly | Monthly | Annual | Annual | Annual | Cumulative | Cumulative | Cumulative |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 24 Months | 36 Months | 60 Months | 24 Months | 36 Months | 60 Months | 24 Months | 36 Months | 60 Months |
| Coupon (% per Annum) | 8.37% | 8.52% | 8.65% | 8.70% | 8.85% | 9.00% | NA | NA | NA |
| Effective Yield (% per Annum) | 8.70% | 8.85% | 9.00% | 8.69% | 8.84% | 8.99% | 8.70% | 8.85% | 9.00% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,181.00 | Rs 1,290.00 | Rs 1,539.00 |
IIFL Finance Limited is a non-banking financial company based in Mumbai, India. It provides services like home loans, gold loans, business loans, microfinance, and loans against securities.
The company has over 1,000 branches and more than 10,500 employees. It mainly serves retail customers and small businesses (MSMEs).
IIFL Finance also operates in Canada, United States, United Kingdom, Singapore, Hong Kong, and the United Arab Emirates.
