IIFL Finance Approves Issuance of Up to ₹100 Crore Unsecured NCDs on Private Placement Basis
IIFL Finance's Finance Committee approved the issuance of up to ₹100 Crore in senior, unsecured, listed, rated, redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The issuance includes a base size of ₹25 Crore and an oversubscription option of ₹75 Crore. These NCDs will be listed on NSE.
The issuance of NCDs is a debt fundraising activity that can impact the company's capital structure and leverage. The amount is significant enough to be considered a medium impact.
The announcement pertains to a routine debt fundraising activity and does not contain any significant positive or negative financial performance indicators or strategic shifts.
IIFL Finance Limited announced today, December 11, 2025, that its Finance Committee has approved the terms for issuing senior, unsecured, listed, rated, redeemable Non-Convertible Debentures (NCDs) on a private placement basis.
The company plans to issue up to 10,000 NCDs with a face value of ₹1,00,000 each, aggregating up to ₹100 Crore. This includes a base issue size of up to ₹25 Crore and a green shoe option to retain oversubscription up to ₹75 Crore. These NCDs are proposed to be listed on the National Stock Exchange of India Limited.
Further details regarding the tenure, date of allotment and maturity, coupon/interest, and schedule of payment of coupon/interest and principal will be as per the relevant Key Information Document. In case of delay in payment of interest or principal beyond three months from the due date, the company shall pay an additional interest of 2% per annum over the coupon rate. This intimation follows up on the company's earlier disclosure on December 8, 2025.
What to do with a filing like this
IIFL Finance Limited filed this with the NSE as a statutory disclosure, categorised under debt fundraising. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by IIFL Finance Limited. Read the original for the full detail.