IIFL Wealth Management has raised Rs 100.05 crore through rated secured redeemable principal protected market linked non-convertible debentures (NCDs) and allotted 1,000 NCDs having face value of Rs 10 lakh each, at an issue price of Rs 10,00,557, on a private placement basis. The Resource Raising Committee of the Company at its meeting held on December 30, 2021 has allotted the same.
IIFL Wealth Management engages in the retail of financial products and services in India.