IIFL Finance to issue ₹100 crore in NCDs

IIFL Finance Limited’s Finance Committee approved the issuance of Senior, Unsecured, Listed, Rated, Redeemable Non-Convertible Debentures (NCDs) – Series D34, via private placement, in a meeting on December 11, 2025. The issue aims to raise up to ₹100 crore, consisting of 10,000 NCDs, each with a face value of ₹1,00,000.

The NCDs will have a base issue size of ₹25 crore (2,500 NCDs) with a green shoe option to retain oversubscription of up to ₹75 crore (7,500 NCDs). These debentures are proposed to be listed on the National Stock Exchange of India Limited.

Details regarding the tenure, allotment and maturity dates, and coupon/interest rates will be disclosed in the relevant Key Information Document. No special rights or charges are attached to these NCDs, and no security is offered. In case of payment delays, the company will pay an additional interest of 2% p.a. above the coupon rate.