Credit Research

Jul 7th 2021

IIFL Home Finance public debt issue analysis

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The base size of Rs. 1 billion with an option to retain oversubscription to the tune of Rs. 9 billion making the overall issue size of Rs. 10 billion. These NCDs are unsecured subordinated redeemable non-convertible debentures of the face value of Rs. 1000 each. The issue opens for subscription on July 06, 2021 and will close on or before July 28, 2021. Post allotment, NCDs will be listed on BSE and NSE.

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Subhasis Mishra
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