Tuesday, January 22, 2019

10.35% IIFL NCD January 2019 Issue Dates, Rating & Interest Rates - Should You Invest?

 Tuesday, January 22, 2019  
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IIFL is coming up with Secured & Unsecured NCDs issue. The subscription to start from 22nd January 2019. India Infoline Finance will offer upto 10.35% interest rates on the NCDs. The NCDs are Rs.1000 each the the NCD issue is around Rs.2500 crore. The company incorporated in 2004 and RBI registered Non Banking Finance Company (NBFC). They offer loans like mortgage loans, construction and real estate finance, micro finance and capital market finance. The company is a subsidiary company of IIFL Holding Limited.


IIFL NCD Issue January 2019 Details:
  • NCD Issue Open: 22 January 2019
  • NCD Issue Close: 10 February 2019
  • NCD Issue Size: Rs.2500 Crore
  • Price Band: Rs.1000
  • NCD's: 3,000,000 of Rs.1000 Each
  • Interest Rate: Upto 10.35% ** (Annually)
  • Minimum Investment: 10 Bonds (Rs 10,000)
  • Maximum Investment: 1,000 Bonds (Rs 10,00,000)
  • Listing: BSE, NSE
IIFL NCD Issue Rating:
  • Brickworks Ratings: AA+ / Satable
  • CRISIL Ratings: CRISIL AA / Stable
  • ICRA Ratings: AA / Stable
IIFL NCD Issue Listing:
  • NCD Bonds will be list on BSE & NSE.
IIFL NCD Issue Promoters:
  • -
NCD Breakup:
  • Institutional Portion: 20% of the issue
  • Non Institutional Portion: 20% of the issue
  • High Net Worth Individuals: 30% of the issue
  • Retail Investors: 30% of the issue
How to Apply IIFL NCD Issue?
You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.
IIFL NCD (January 2019) Issue Tenure & Interest Rates: Details

IIFL NCD Lead Manager:
  • Edelweiss Capital Limited
  • ICICI Securities Limited
  • IIFL Holdings Limited
  • Trust Investment Advisors Private Limited
IIFL NCD (January 2019) Allotment Status:
NCD Registrar:
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Fax: +91-22-4918 6060
Email: [email protected]
Website: http://www.linkintime.co.in

Company Information:
India Infoline Finance Limited
12A-10, 13th floor, Parinee Crescenzo,
C-38 & 39, 9, G-Block, Bandra Kurla Complex,
Bandra (East), Mumbai-400051
Phone: +91 22 6788 1000
Fax: +91 22 6788 1010
Email: [email protected]
Website: https://www.iifl.com/

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