India Infoline Finance Limited raised money through a public issue of non-convertible debentures [ncd], open from 6 Aug 2019 to 30 Aug 2019. Coupons of 12.75% a year, tenors of 6 years, rated CRISIL AA-. Face value ₹1,000; minimum application ₹5,000.
India Infoline Finance NCD issue: key facts
| Status | Closed |
|---|---|
| Issue opens | 6 Aug 2019 |
| Issue closes | 30 Aug 2019 |
| Listing date | 9 Sep 2019 |
| Coupon | 12.75% a year |
| Tenor | 6 years |
| Interest payment | Monthly, Annual, Cumulative |
| Credit rating | ICRA] AA- (stable) and CRISIL AA-/Stable |
| Instrument | Non-Convertible Debentures [NCD] |
| Face value | ₹1,000 |
| Minimum application | 5 (five) NCDs (Rs. 5,000) either taken individually or collectively |
| Lead managers | Axis Bank Limited, SBI Capital Markets Limited, Edelweiss Financial Services |
| Registrar | Link Intime India Private Limited |
| Listing on | NSE |
| Symbol | IIFLFIN |
Series, coupons and tenors
- S1- [12.75% p.a. - Tenure 72 months - Monthly Payment of Interest]
- S2 -[12.75% p.a. - Tenure 72 months - Yearly Payment of Interest]
- S3 - [Cumulative - Tenure 72 months - Payable at Redemption]
As listed by NSE. "Category" refers to the investor categories in the prospectus (individuals usually fall in Categories III and IV). Cumulative series pay the amount shown at maturity instead of periodic interest.
About India Infoline Finance as a bond issuer
Before applying, see India Infoline Finance Limited: every outstanding bond and NCD with its coupon and maturity, the rating history and the company's private placements.
Documents and how to apply
- Prospectus NSE, zip file
- NSE public issues
While the issue is open, apply through your bank's net banking (ASBA) or your broker's app with UPI. The NCDs are credited to your demat account and listed on the exchange after allotment.
Questions and answers
What is the interest rate on India Infoline Finance NCDs?
The coupon is 12.75% a year, depending on the series and investor category, for tenors of 6 years. The series list on this page gives the coupon, tenor and payment frequency of each option.
When does the India Infoline Finance NCD issue open and close?
The issue was open from 6 Aug 2019 to 30 Aug 2019, unless closed early or extended.
What is the minimum investment in the India Infoline Finance NCD issue?
5 (five) NCDs (Rs. 5,000) either taken individually or collectively.
What is the credit rating of India Infoline Finance NCDs?
Rated ICRA] AA- (stable) and CRISIL AA-/Stable at the time of the issue. Ratings can change; check the rating agency's latest press release.
Are India Infoline Finance NCDs secured?
The issue is described as: Non-Convertible Debentures [NCD]. The prospectus gives the security, the asset cover and the debenture trustee.
Other NCD issues
| Issuer | Opened | Coupon | Tenor | Rating | Issue size |
|---|---|---|---|---|---|
| Muthoot Fincorp | 23 Oct 2026 | 8.56%–9.25% | 2 years–6 years | Rated by Crisil, Brickwork | ₹500 crore |
| SMC Global Securities | 5 Oct 2026 | 9.5%–10% | 2 years–5 years | ICRA A | ₹150 crore |
| Nashik Municipal Corporation | 25 Feb 2026 | 8.05% | 3 years–10 years | IND AA+, CRISIL AA+ | ₹200 crore |
| IIFL Finance | 17 Feb 2026 | — | — | — | — |
| Power Finance Corporation | 16 Jan 2026 | 6.85%–7.3% | 5 years–15 years | CRISIL AAA, CARE AAA, ICRA AAA | ₹5,000 crore |
| SMC Global Securities | 16 Oct 2025 | 9.75%–10.25% | 2 years–5 years | ICRA A | ₹150 crore |
| Surat Municipal Corporation | 6 Oct 2025 | 8% | 4 years–5 years | IND AA+, CRISIL AA+ | ₹200 crore |
| Sammaan Capital | 15 Jul 2025 | 8.42%–9.95% | 2 years–10 years | CRISIL AA, ICRA AA | ₹2,000 crore |
Updated 5 Nov 2026, 10:41 pm from the NSE and BSE public issue pages. Methodology and sources
This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.
