Non-Convertible Debentures (NCDs)
IIFL Home Finance Ltd.
Edelweiss Financial Services Ltd.
Indiabulls Housing Finance Ltd.
Public Issue of Secured Redeemable NCD
Issue Opens: 08-Dec-2021 | Issue Closes: 28-Dec-2021 | Issue Size: 1,000 Cr
NCD Type
Secured
Tenure
Interest Payout
Coupon Rate / Yield (p.a.)
(Note: 0.25% Extra for bondholders & shareholders)5.00%
Investment Amount
| Series | I | II | III | IV | V | VI | VII | VIII |
|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Annual | Cumulative | Monthly | Annual | Cumulative | Monthly | Annual | Cumulative |
| Tenor (in months) | 36 | 36 | 60 | 60 | 60 | 84 | 84 | 84 |
| Coupon (% per annum) | 8.25% | NA | 8.20% | 8.50% | NA | 8.43% | 8.75% | NA |
| Effective Yield (% per annum) | 8.24% | 8.25% | 8.51% | 8.50% | 8.50% | 8.76% | 8.74% | 8.75% |
| Redemption Amount | Rs. 1,000 | Rs. 1,268.80 | Rs. 1,000 | Rs. 1,000 | Rs. 1,504 | Rs. 1,000 | Rs. 1,000 | Rs. 1,799 |
| Put / Call Option | NA | |||||||
Note : 0.25% Extra for bondholders & shareholders
Bondholders & Shareholders :
1. NCD(s)/Bond(s) previously issued by our Company i.e. IIFL Home Finance Limited and /or Our Promoter, IIFL Finance Limited, as the case may be and/or
2. Equity shareholder(s) of IIFL Finance Limited, as the case may be, on the Deemed Date of Allotment
Resident individual
Hindu Undivided Families (HUFs)
Trusts which are authorized to invest in the NCDs
Partnership firms, Companies and Body Corporates
Enter your details on MoneyHoney website, which are required for investment in NCDs.
Our Collection Executive (CE) will visit at your prefered location/time with NCD pre-printed form. Sign on the form and hand over the form to the CE.
After few days, you will receive the message regarding allotment confirmation.
Non-Convertible Debentures are issued by companies for raising money for a variety of reasons such as for building a new plant, buying equipment or for business expansion.
Non-Convertible Debentures are generally medium to long term debt instruments and have a maturity of more than one year .
Incorporated in Sep 2018 and fully owned (100%) by IIFL Finance Ltd.
AUM grew at 12% y-o-y to Rs. 20,694 Crore as of March 31, 2021 from Rs. 18,495 Crore in the previous year.
Retail home loans constituted 32% of the total AUM.
IIFL Home Finance is a leading player in affordable home loans, eligible for PMAY-CLSS subsidy.
Focuses on small-ticket retail loans leading to low delinquencies.
IIFL Home Finance contributes 53% profit after tax of IIFL Finance Ltd.
23% Capital Adequacy Ratio.
Parent company listed under S&P BSE Finance index.
Parent company is ranked Top 54 with a Market value of greater than Rs. 12,419 Cr. within Banking and Financial sector. (as on 3Dec2021)
Promoters and institution including FIIs hold 50% of the parent company.
Parent company has maintained a healthy dividend payout of 17.33%.
