IIFL Finance Launches NCDs worth ₹2000 Crore with Green Shoe Option
IIFL Finance Limited is launching a Tranche I Issue of NCDs worth ₹2000 crore. The issue includes a base size of ₹500 crore and an oversubscription option of ₹1500 crore. The NCDs have a face value of ₹1000 each and are secured, rated, listed, and redeemable.
The issuance of NCDs worth ₹2000 crore is a significant fundraising amount that can impact the company's capital structure and financial leverage, potentially affecting its credit profile and future growth opportunities.
The announcement is a routine debt fundraising activity and does not contain any information that would significantly impact the company's stock price in a positive or negative way.
IIFL Finance Limited has announced the launch of its Tranche I Issue of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) with a face value of ₹1,000 each. The issue aims to raise up to ₹500 crore as the base issue size, with an option to retain oversubscription up to ₹1500 crore, bringing the total Tranche I Issue Size to ₹2000 crore. This issuance falls within the company's shelf limit of ₹2,000 crore.
The Tranche I Issue is being made pursuant to the Tranche I Prospectus dated February 12, 2026, and the Shelf Prospectus dated February 12, 2026. These prospectuses have been filed with the Registrar of Companies (ROC), stock exchanges, and SEBI. The issue is being made in accordance with the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021, the Companies Act, 2013, and other applicable provisions.
IIFL Finance Limited has published a pre-issue Statutory Advertisement on February 14, 2026, in accordance with the relevant regulations. This advertisement was published on February 16, 2026, in the Business Standard (English National daily), Business Standard (Hindi National daily), and Mumbai Lakshadeep (Regional daily) newspapers.
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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.