IIFL Finance Limited — QIP/Rights/Pref., 21-04-2025: Allotment of Securities

IIFL Finance has announced a board meeting to consider the public issue of secured rated listed redeemable non-convertible debentures (NCDs) with a face value of ₹1,000 each. The base issue size is ₹100 crores, with an option to retain oversubscription up to ₹400 crores, totaling ₹500 crores. The issuance includes various series of NCDs with tenures ranging from 15 to 60 months and coupon rates between 9.00% and 10.25%, providing investors with options depending on their investment horizon. The issue opens on April 7, 2025, and closes on April 11, 2025.