{"id":3063,"date":"2021-07-05T12:07:41","date_gmt":"2021-07-05T12:07:41","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=3063"},"modified":"2026-02-25T11:08:52","modified_gmt":"2026-02-25T11:08:52","slug":"ncd-ipo-iifl-home-loan-is-issuing-ncds-should-you-invest","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/investment-guide\/ncd-ipo\/iifl\/ncd-ipo-iifl-home-loan-is-issuing-ncds-should-you-invest\/","title":{"rendered":"NCD-IPO: IIFL Home Finance Limited is issuing NCDs. Should you invest?"},"content":{"rendered":"

Yield more than 10%<\/span> |<\/span> Payment via UPI<\/span> |<\/span> \u2018AA\u2019 rated by CRISIL<\/span> |<\/span> Minimum investment amount is 10 K<\/span>\u00a0<\/span><\/p>\n

IIFL Home Loans is a Housing Finance Company that has been awarded as \u2018Best Affordable Housing Finance Company of the Year\u2019 by Economics Times in February 2020. IIFL Home Loans is issuing NCDs. The base issue size is 100 Crores, and it can be stretched up to 1000 Crores. The NCDs will be issued in three series. The coupon rate ranges between 9.6% and 10.03%. All three series have a tenure of 87 months. The IPO opens on July 06 and closes on July 28. The IPO may close before July 28 if oversubscribed.\u00a0<\/span><\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n
Issuer<\/span><\/td>\nIndia Infoline Finance Limited<\/span><\/td>\n<\/tr>\n
Type of instrument<\/span><\/td>\nUnsecured Subordinated Redeemable<\/span><\/td>\n<\/tr>\n
Listing<\/span><\/td>\nThe NCDs will be listed on BSE AND NSE<\/span><\/td>\n<\/tr>\n
Issue Size<\/span><\/td>\nBase size- Rs. 100 Crores (aggregating up to Rs. 1000 Crores)<\/span><\/td>\n<\/tr>\n
Issue Price<\/span><\/td>\nRs. 1000 per NCD<\/span><\/td>\n<\/tr>\n
Minimum Investment<\/span><\/td>\nRs. 10,000<\/span><\/td>\n<\/tr>\n
Issue Opening Date<\/span><\/td>\nJuly 06, 2021<\/span><\/td>\n<\/tr>\n
Issue Closing Date<\/span><\/td>\nJuly 28, 2021 (*with an option of early closure)<\/span><\/td>\n<\/tr>\n
Mode of Application<\/span><\/td>\nASBA only<\/span><\/td>\n<\/tr>\n
Mode of Issuance<\/span><\/td>\nDematerialized only<\/span><\/td>\n<\/tr>\n
Tenor<\/span><\/td>\n87 months<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n
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