IIFL Finance Eyes ₹500 Crore Fundraising via NCD Issue
2025-04-04
Fortune India
IIFL Finance is set to raise up to ₹500 crore through a non-convertible debentures (NCD) issue, with a base size of ₹100 crore and an option to retain oversubscription of up to ₹400 crore. This fundraising effort is expected to support the company's growth plans and expansion strategies. The NCD issue is a key initiative to meet the increasing demand for credit and financial services, leveraging the company's expertise in the financial sector. With a strong focus on investor returns, IIFL Finance aims to provide attractive yields to its investors. Key terms like 'non-convertible debentures' and 'financial services' are crucial in this context.
