IIFL Finance Limited has launched a fresh tranche of secured, redeemable Non-Convertible Debentures (NCDs) in April 2025. This issue offers an attractive opportunity for investors seeking fixed-income returns with relatively low risk. In this article, we’ll break down everything you need to know: features, interest rates, safety, and how to apply.
🔹 About IIFL Finance
IIFL Finance is a well-established Non-Banking Financial Company (NBFC) offering a variety of financial services including home loans, gold loans, business loans, microfinance, and loans against securities. The company has a wide reach across India and caters to both individuals and businesses.
💰 IIFL NCD April 2025 – Key Details
- Issue Opens: April 7, 2025
- Issue Closes: April 23, 2025
- Type of Instrument: Secured, Listed, Redeemable NCDs
- Face Value: ₹1,000 per NCD
- Minimum Investment: ₹10,000 (10 NCDs)
- Issue Size: ₹100 crore (base) + ₹400 crore (green shoe option), total ₹500 crore
- Tenure Options: 15, 24, 36, and 60 months
- Listing: BSE and NSE
- Allotment Basis: First come, first served
- Registrar: KFin Technologies Ltd
- Debenture Trustee: Vardhman Trusteeship Pvt Ltd
📈 Interest Rates and Options
The NCDs offer multiple tenure and payout options:
| Series | Tenure | Frequency | Interest Rate | Yield (%) |
|---|---|---|---|---|
| I | 15 months | Annual | 9.00% | 9.06% |
| II | 15 months | Cumulative | – | 9.00% |
| III | 24 months | Annual | 9.30% | 9.30% |
| IV | 24 months | Cumulative | – | 9.30% |
| V | 36 months | Monthly | 9.35% | 9.76% |
| VI | 36 months | Annual | 9.75% | 9.74% |
| VII | 36 months | Cumulative | – | 9.75% |
| VIII | 60 months | Monthly | 9.60% | 10.03% |
| IX | 60 months | Annual | 10.25% | 10.24% |
📊 Credit Ratings
The NCDs are rated as follows:
- CRISIL AA/Stable by CRISIL Ratings
- ICRA AA (Stable) by ICRA
These ratings indicate high safety and low credit risk for investors.
🎯 Objectives of the Issue
IIFL Finance will use the proceeds from this issue for:
- Onward lending and financing activities
- Repayment of existing borrowings
- General corporate purposes
✅ Why Should You Consider Investing?
- 🔒 Secured Investment – Backed by company assets
- 📈 High Returns – Up to 10.25% interest
- 📅 Flexible Tenure Options – Choose from monthly, annual, or cumulative payouts
- 🛡️ Strong Credit Rating – CRISIL and ICRA rated AA/Stable
⚠️ Things to Keep in Mind
- Interest is taxable as per your income slab
- Liquidity may be limited in secondary markets despite listing
- NBFC sector risks apply due to changing interest rates or credit market conditions
📞 Contact Us to Apply
📝 Interested in applying for this NCD?
Fill out the form below and our team at Ridhi FinServ will get in touch to guide you through the process.
🔒 Your information is safe with us. We don’t spam.
For any queries, you can also reach out to us directly via WhatsApp or call us at +91 6282 076 221
📄 Prospectus Link
You can view the detailed prospectus on the BSE website here:
🔗 IIFL Finance NCD April 2025 Prospectus (BSE)
Ridhi Finserv 
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