17 Feb 2026 | 3 Mins Read

IIFL Finance meets NCD base issue subscription with ₹500 crore

Flipitmoney

IIFL Finance Ltd's ₹500 crore base NCD issue was fully subscribed within the first day's first half. The issue size has a green-shoe option, increasing it to ₹2,000 crore. The NCDs offer an effective yield of up to 9%, with tenors ranging from 24 to 60 months and ratings of CRISIL AA/Stable and BWR AA+ (Stable).