SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

India Infoline Finance mops up Rs 900 crore via NCD issue

23 Sep 2013 Evaluate

India Infoline Finance (IIFL) has raised Rs 900 crore through public issue of secured redeemable non-convertible debentures (NCD). The NCD issue has collected Rs 900 crore and is closing on September 23. The NCDs will be listed on the NSE and BSE and will have a tradeable lot size of 1 NCD. Investors prefered to opt for the Monthly Income Option of 3 years and 5 years, respectively. The Retail and QIB portions have been fully subscribed.

On September 17, the company had launched NCD issue aggregating up to Rs 525 crore, with an option to retain over-subscription up to Rs 525 crore, aggregating to a total of up to Rs 1,050 crore.

IIFL NCDs have an option of monthly and annual interest payment and the yield works out to 12.68% per annum for the monthly interest option and 12% per annum for the annual interest option.

IIFL Finance Share Price

473.15 7.20 (1.55%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×