Chittorgarh.com
Free Trading + Demat Account

India Infoline Finance Limited NCD (India Infoline Finance NCD Jan 2019) Detail

Jan 22, 2019 - Feb 1, 2019

Incorporated in 2004, India Infoline Finance Limited (IIFL) is an RBI registered Non-Banking Financial Company (NBFC) company. The company offers mortgage loans, gold loans, commercial vehicle finance, MSME finance, construction and real estate finance, capital market finance, and microfinance.

IIFL is a subsidiary of IIFL Holdings Limited, which is one of India's leading financial services provider. IIFL offers the financial product and services to both retail and corporate customer.

IIFL NCD Jan 2019 Detail

Type of instrument

1. Secured NCDs

2. Unsecured NCDs

Nature of Instrument

1. Secured NCDs of the face value of Rs. 1,000 each

2. Unsecured NCDs of the face value of Rs. 1,000 each

Credit Ratings

  • Brickworks Ratings - The NCDs proposed to be issued under this Issue have been rated BWR AA+/Stable (pronounced as BWR Double A Plus with Stable outlook) for an amount of Rs.50,000 million
  • CRISIL - AA/Stable (pronounced as CRISIL Double A rating with Stable outlook) for an amount of Rs.50,000 million
  • ICRA - AA (Stable) (pronounced as ICRA Double A) for an amount of Rs.50,000 million.

Tenor

39 months, 60 months, 120 months

Coupon (% per annum)

9.50% to 10.35%

India Infoline Finance NCD Jan 2019 Detail

Issue OpenJan 22, 2019 - Feb 1, 2019
Security NameIndia Infoline Finance Limited
Security TypeSecured, Redeemable, Non-Convertible Debentures (Secured NCDs) and/or Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs)
Issue Size (Base)Rs 2,500.00 Crores
Issue Size (Shelf)Rs [.] Crores
Issue PriceRs 1000 per NCD
Face ValueRs 1000 each NCD
Minimum Lot size1 NCD
Market Lot1 NCD
Listing AtBSE, NSE
Credit Rating
Tenor
Series
Payment Frequency
Basis of Allotment

Objects of the Issue:

The funds raised through this issue will be utilized:

1. for the financing activities including lending and investments, subject to applicable statutory and/or regulatory requirements;
2. to repay their existing loans and
3. business operations including capital expenditure and working capital requirements.

Other Issue Detail

India Infoline Finance NCD Jan 2019 Prospectus

India Infoline Finance NCD Jan 2019 Rating

19
3.8
Rating:Rated 3.8 stars

Vote Here ...

India Infoline Finance NCD Jan 2019 Reviews

Company Contact 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
Email: governance@iifl.com
Website: https://www.iifl.com/

India Infoline Finance NCD Jan 2019 Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: iifl.ncd2018@linkintime.co.in
Website: http://www.linkintime.co.in

Guaranteed Save 60% to 90% Brokerage

You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

India Infoline Finance NCD Jan 2019 Review / Comments


Comments

No comments found. Be the first to post a comment.




Message Board

Stock Message Board


Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App