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India Infoline Finance Limited is a Systemically Important Non-deposit accepting Non-Banking Financial Company (“NBFCND- SI”) registered with the RBI, catering to the credit requirements of a diverse customer base with its plethora of products.

ICFL is part of the Indiabulls Ventures group, which is a prominent financial services company providing brokering, lending and wealth management businesses, amongst other businesses.

The company offerings include home loans, gold loans, business loans including loans against property and medium and small enterprise financing, micro finance, developer and construction finance and capital market finance; catering to both retail and corporate clients.

The Company recorded a strong growth of 12.11 per cent in AUM over the last two fiscal years. As at March 31, 2019 and March 31, 2018 its consolidated Assets Under Management were Rs.349,034.73 million and Rs.311,336.29 respectively.

Its profit after tax on a consolidated basis (post non-controlling interests) for fiscal year 2019 was Rs.7,173.87 million and on a standalone basis was Rs.3,849.52 million. Its profit after tax on a consolidated basis (post non - controlling interests) for fiscal year 2018 was Rs.4,632.43 million and on a standalone basis was Rs.2,259.93 million.

India Infoline Finance Limited NCD - Issue Details:

Issuer India Infoline Finance Limited (View Report)
Issue Type Secured and Unsecured Non-Convertible Debentures
Issue Period Issue Opens: Tuesday, Aug 06, 2019
Issue Closes: Friday, Aug 30, 2019
Coupon Rate 10.00% p.a *
Issue Size Base Issue of Rs. 100 crores with an option to retain oversubscription up to Rs. 900 crores aggregating to Rs. 1,000 crores (“Tranche II Issue”)
Face Value Rs. 1,000 per NCD
Minimum Application Size 10 NCDs (Rs. 10,000) and in the multiple of One NCD thereafter
Credit Rating “AA/Stable” by Crisil, BWR “AA+/Stable” by Brickworks and AA/Stable by ICRA
Mode of Allotment & Trading In Dematerialised Form
QIB 10% of issue size
Non Institutional 10% of issue size
HNI 40% of issue size
Retail Individual 40% of issue size
Listing NSE and BSE
Depositories NSDL & CDSL
Registrar Link Intime India Private Limited
Book Running Lead Managers Edelweiss Financial, IIFL Securities, ICICI Securities and Trust Investment Advisors
* Highest yield


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