Upcoming NCD News: India Infoline Finance Limited

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ABOUT THE ISSUER

India Infoline Finanace Ltd., a subsidiary of India Infoline Limited (IIFL) is a systematically important non-deposit taking NBFC focusing on Mortgage Loans, Capital Market Finance, Gold Loans and Healthcare Finance. They offer a broad suite of lending and other financial products to both retail as well as corporate clients.

ISSUE DETAILS

Issue Size: Rs.2,000 Crs

Base Issue Rs. 250 Crore with an option to retain oversubscription up to Rs. 1,750 Crore aggregating to overall Tranche Issue size of Rs.2,000 Crores.
“AA/Stable” & “AA+/Stable”

Rated by CRISIL and Brickworks
Minimum Application Size: Rs.10,000

or 10 NCDs with Face Value of Rs.1000 each