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

January 22, 2019 - February 1, 2019
India Infoline Finance Limited Logo

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 Open January 22, 2019 - February 1, 2019
Security Name India Infoline Finance Limited
Security Type
Issue Size (Base) Rs 2,500.00 Crores
Issue Size (Shelf) Rs [.] Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 1 NCD
Market Lot 1 NCD
Listing At BSE, NSE
Credit Rating
Tenor
Series
Payment Frequency
Basis of Allotment First Come First Serve Basis

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
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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: https://linkintime.co.in/initial_offer/public-issues.html


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