Funding, M&A and exec moves matched to your market, from $49/mo billed annually, or $79/mo quarterly.See plans and pricing.See plans →
IIFL Finance raises ₹35 crore via secured non-convertible debentures with 9.25% coupon and 730-day tenure.
PRIVATESep 02, 2026•1 day ago
Amount Raised
₹350 Million
Round Type
Seed
IndiaFinancial ServicesFinanceLendingBanking
Description
IIFL Finance Limited completed the allotment of 35,000 secured non-convertible debentures worth ₹35 crore through private placement on September 2, 2026. Each debenture has a face value of ₹1,00,000 and carries a fixed coupon of 9.25% per annum. The securities are secured by a first-ranking pari passu charge over eligible loan assets and are scheduled to mature on September 1, 2028. The NCDs will be listed on the National Stock Exchange of India.
Company Information
Company
IIFL Finance Limited
Location
India
About
IIFL Finance Limited is one of India’s largest non-banking financial companies (NBFC), with over 15,000 employees in over 4,400 branches across India. Their bouquet of products includes home loans, loan against property, gold loan, SME loans, and microfinance loans.
Don't miss IIFL Finance Limited's next move
Get an email the moment IIFL Finance Limited raises, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
Related People
Suggested for you
5 contacts
Predictive Intelligence
Strategic
ML-powered predictions for IIFL Finance Limited's next move
IndiaFinancial ServicesFinanceLendingBanking