India Infoline Finance Limited NCD
(i) IIFL is a financial services conglomerate which was started by a group of passionate entrepreneurs in 1995. It is one of the subsidiaries of IIFL Holding which is a listed entity on NSE and BSE.
(ii) IIFL was the pioneer in the retail broking industry with its launch of 5paisa trading platform which offered the lowest brokerage in the industry and the freedom from traditional ways of transacting.
(iii) The strength has been to continuously innovate and reinvent. IIFL’s evolution from an entrepreneurial start-up in 1995 to a full range diversified financial services group is a story of steady growth by adapting to the dynamic business environment, without losing focus on our core domain of financial services.
(iv) Today, IIFL Holdings Limited is India’s leading integrated financial services group with diverse operating businesses, mainly, Non-Banking and Housing Finance, Wealth and Asset Management, Financial Advisory and Broking, Mutual Funds and Financial Product Distribution, Investment Banking, Institutional Equities, Realty Broking and Advisory Services.
(v) IIFL serves more than 4 million satisfied customers across various business segments and is continuously building on its strengths to deliver excellent service to its expanding customer base.
Objective of NCD India Infoline Finance Limited NCD:
India Infoline Finance Limited NCD Details:
|Open Date:||Jan 22 2019|
|Close Date:||Feb 01 2019|
|Issue Type:||Fixed Price Issue NCD|
|Issue Size:||₹ 2,500 Cr.|
|Face Value:||₹ 1,000 Per NCD|
|Market Lot:||1 NCD|
|Minimum Order Quantity:||10 NCD|
|Particulars(in Millions)||September 30, 2018||March 31, 2018||March 31, 2017||March 31, 2016|
|GNPA as % of Loan Book||2.21%||1.71%||1.82%||1.44%|
|Provision against NPA||3,595.52||2,561.09||2,405.26||1,590.89|
|NNPA as % of Loan Book||1.05%||0.79%||0.58%||0.54%|
|Frequency of Interest payment||Annual||Cumulative||Monthly||Annual||Monthly||Annual|
|Tenure (In Months)||39 months||39 months||60 months||60 months||120 months||120 months|
|Coupon (% p.a) - Category I||9.50%||NA||9.60%||10.00%||9.90%||10.35%|
|Coupon (% p.a) - Category II, III, IV||9.60%||NA||9.75%||10.20%||10.00%||10.50%|
|Effective Yield (% p.a) - Category I||9.50%||9.50%||10.03%||10.00%||10.36%||10.35%|
|Effective Yield (% p.a) - Category II,III, IV||9.60%||9.60%||10.20%||10.20%||10.47%||10.50%|
Post Tax returns:
Lead Manager of India Infoline Finance Limited NCD:
- Edelweiss Capital Limited
- ICICI Securities Limited
- IIFL Holdings Limited
- Trust Investment Advisors Private Limited
Registrar of India Infoline Finance Limited NCD:
- Link Intime India Private Limited