IIFL Finance Limited

IIFL Finance Limited is an Indian company in the BFSI industry (formerly IIFL Holdings Limited and India Infoline Limited and India Infoline.com Limited) with 41 outstanding bonds (ISINs) recorded on this page. It is also the originator behind 13 outstanding pass-through certificates (PTCs) in 10 securitisation trusts: Liquid Gold Series 8 Dec 2024, Liquid Gold Series 9, Liquid Gold Series 10, Liquid Gold Series 11, Liquid Gold Series 12, Liquid Gold Series 13 June 2025 and 4 more. Stated coupons on its fixed-rate bonds range from 8.37% to 10.5% a year. 8 are cumulative bonds, which pay no periodic coupon; their contractual return is payable at maturity. Maturity dates run from 8 Mar 2027 to 29 May 9999. NSDL records 26 of the 41 whose terms it holds as secured. Latest credit ratings on record: CRISIL AA (Stable) (action dated 24 Aug 2026); Infomerics AA (Stable) (action dated 20 Aug 2026); Brickwork AA+ (Stable) (action dated 19 Aug 2026); India Ratings AA (Stable) (action dated 5 Aug 2026); ICRA AA (Negative) (action dated 11 Feb 2026); CARE AA (No Outlook) (action dated 12 Mar 2024). Verify current terms against the official documents linked on this page.

Data as of 14 Nov 2026 (snapshot 20261114-2051) · How this page is compiled

Issuer overview

Outstanding pass-through certificates (ISINs)
13
Pass-through schemes
Liquid Gold Series 8 Dec 2024, Liquid Gold Series 9, Liquid Gold Series 10, Liquid Gold Series 11, Liquid Gold Series 12, Liquid Gold Series 13 June 2025, Liquid Gold Series 14, Liquid Gold Series 17 and 2 more
Legal name
IIFL Finance Limited
Formerly
IIFL Holdings Limited; India Infoline Limited; India Infoline.com Limited
CIN
L67100MH1995PLC093797
LEI
335800CZ46UJRS34JR78
Industry
BFSI
Business
Non-Banking Financial Company (NBFC)
Ownership
Non PSU
ISIN issuer codes
INE530B, INE866I, INE2UU8, INE1U3R, INE1YBL, INE20PW, INE27BR, INE27BS, INE29DX, INE2JYU, INE2PA6, INE2YCE
Outstanding bonds (ISINs)
41 (plus 2 matured)
Stated coupons (fixed rate)
8.37% – 10.5%
Maturity dates
8 Mar 2027 – 29 May 9999
Secured (NSDL)
26 of 41
Combined issue size of outstanding bonds
₹6,852 crore
Traded on
BSE, NSE

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

IIFL Finance bonds: ISIN, coupon and maturity

41 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE530B07468 NCD 9.9% Yearly 7 Mar 2025 8 Mar 2027 ₹1,00,000 150 Secured None recorded BSE, NSE CRISIL AA 11 Feb 2025
INE530B07666 NCD 8.6% At maturity 10 Mar 2026 24 Mar 2027 ₹1,00,000 1,000 Secured None recorded BSE, NSE CRISIL AA 11 Feb 2026
INE530B07526 NCD Cumulative ≈9.3% a year At maturity ₹194.65 per ₹1,000 21 Apr 2025 21 Apr 2027 ₹1,000 2.90 Secured None recorded NSE CRISIL AA 11 Feb 2025
INE530B07534 NCD 9.3% Yearly 21 Apr 2025 21 Apr 2027 ₹1,000 103 Secured None recorded BSE, NSE CRISIL AA 11 Feb 2025
INE530B07260 NCD 9% Yearly 24 Jan 2023 24 Jan 2028 ₹1,000 119 Secured None recorded NSE CRISIL AA 30 Sep 2024
INE530B07278 NCD Cumulative At maturity 24 Jan 2023 24 Jan 2028 ₹1,000 37.86 Secured None recorded NSE CRISIL AA 30 Sep 2024
INE530B07310 NCD 8.65% Yearly 24 Jan 2023 24 Jan 2028 ₹1,000 158 Secured None recorded BSE, NSE CRISIL AA 30 Sep 2024
INE530B07583 NCD Cumulative At maturity 6 Mar 2026 6 Mar 2028 ₹1,000 20.49 Secured None recorded NSE Brickwork AA+ 19 Aug 2026
INE530B07617 NCD 8.7% Yearly 6 Mar 2026 6 Mar 2028 ₹1,000 435 Secured None recorded BSE, NSE Brickwork AA+ 19 Aug 2026
INE530B07658 NCD 8.37% Yearly 6 Mar 2026 6 Mar 2028 ₹1,000 88.57 Secured None recorded NSE Brickwork AA+ 19 Aug 2026
INE530B07476 NCD 9.75% Yearly 21 Apr 2025 21 Apr 2028 ₹1,000 98.60 Secured None recorded BSE, NSE CRISIL AA 11 Feb 2025
INE530B07500 NCD Cumulative ≈9.75% a year At maturity ₹322.28 per ₹1,000 21 Apr 2025 21 Apr 2028 ₹1,000 7.34 Secured None recorded NSE CRISIL AA 11 Feb 2025
INE530B07518 NCD 9.35% Yearly 21 Apr 2025 21 Apr 2028 ₹1,000 23.51 Secured None recorded NSE CRISIL AA 11 Feb 2025
INE530B08094 NCD 10% Yearly 24 Mar 2021 24 Jun 2028 ₹1,000 275 Unsecured None recorded BSE, NSE Brickwork AA+ 19 Aug 2026
INE530B08102 NCD 9.6% Monthly 24 Mar 2021 24 Jun 2028 ₹1,000 328 Unsecured None recorded NSE Brickwork AA+ 19 Aug 2026
INE530B08110 NCD Cumulative At maturity 24 Mar 2021 24 Jun 2028 ₹1,000 68.14 Unsecured None recorded NSE Brickwork AA+ 19 Aug 2026
INE530B07369 NCD Cumulative At maturity 28 Jun 2023 28 Jun 2028 ₹1,000 37.52 Secured None recorded NSE CRISIL AA 30 Sep 2024
INE530B07377 NCD 9% Yearly 28 Jun 2023 28 Jun 2028 ₹1,000 132 Secured None recorded BSE, NSE CRISIL AA 30 Sep 2024
INE530B07385 NCD 8.65% Yearly 28 Jun 2023 28 Jun 2028 ₹1,000 88.91 Secured None recorded BSE, NSE CRISIL AA 30 Sep 2024
INE530B07674 NCD 9.25% Yearly 2 Sep 2026 1 Sep 2028 ₹1,00,000 600 Secured None recorded BSE, NSE CRISIL AA 24 Aug 2026
INE530B08219 NCD 8.5% Yearly 16 Dec 2025 18 Dec 2028 ₹1,00,000 100 Unsecured None recorded NSE CRISIL AA 11 Feb 2025
INE866I08279 NCD 10% Monthly 7 Feb 2019 7 Feb 2029 ₹1,000 31.02 Unsecured None recorded NSE Brickwork AA+ 19 Aug 2026
INE866I08295 NCD 10.5% Yearly 7 Feb 2019 7 Feb 2029 ₹1,000 15.45 Unsecured None recorded NSE Brickwork AA+ 19 Aug 2026
INE530B07575 NCD 8.85% Yearly 6 Mar 2026 6 Mar 2029 ₹1,000 199 Secured None recorded NSE Brickwork AA+ 19 Aug 2026
INE530B07591 NCD 8.52% Yearly 6 Mar 2026 6 Mar 2029 ₹1,000 35.74 Secured None recorded BSE, NSE Brickwork AA+ 19 Aug 2026
INE530B07625 NCD Cumulative At maturity 6 Mar 2026 6 Mar 2029 ₹1,000 26.11 Secured None recorded NSE Brickwork AA+ 19 Aug 2026
INE530B07690 Market-linked debenture 0% At maturity 5 Oct 2026 8 Apr 2030 ₹1,00,000 100 Secured None recorded BSE, NSE CRISIL AA 24 Aug 2026
INE530B07484 NCD 9.6% Yearly 21 Apr 2025 21 Apr 2030 ₹1,000 42.58 Secured None recorded NSE CRISIL AA 11 Feb 2025
INE530B07492 NCD 10.25% Yearly 21 Apr 2025 21 Apr 2030 ₹1,000 61.99 Secured None recorded BSE, NSE CRISIL AA 11 Feb 2025
INE530B07609 NCD 9% Yearly 6 Mar 2026 6 Mar 2031 ₹1,000 112 Secured None recorded NSE Brickwork AA+ 19 Aug 2026
INE530B07633 NCD 8.65% Yearly 6 Mar 2026 6 Mar 2031 ₹1,000 80.29 Secured None recorded NSE Brickwork AA+ 19 Aug 2026
INE530B07641 NCD Cumulative At maturity 6 Mar 2026 6 Mar 2031 ₹1,000 24.98 Secured None recorded NSE Brickwork AA+ 19 Aug 2026
INE530B08193 NCD 9.25% Yearly 24 Jun 2025 24 Jun 2032 ₹1,00,000 300 Unsecured None recorded BSE, NSE CRISIL AA 11 Feb 2025
INE530B08227 NCD 9.25% Yearly 30 Dec 2025 30 Dec 2032 ₹1,00,000 300 Unsecured None recorded BSE, NSE CRISIL AA 11 Feb 2025
INE530B08268 NCD 9.35% Yearly 8 Sep 2026 8 Sep 2033 ₹1,00,000 150 Unsecured None recorded BSE, NSE CRISIL AA 24 Aug 2026
INE530B08185 NCD 9.3% Yearly 24 Jun 2025 20 Jun 2035 ₹1,00,000 300 Unsecured None recorded BSE, NSE CRISIL AA 11 Feb 2025
INE530B08235 NCD 9.3% Yearly 30 Dec 2025 30 Dec 2035 ₹1,00,000 400 Unsecured None recorded BSE, NSE CRISIL AA 11 Feb 2025
INE530B08201 Perpetual debt 9.9% Yearly 30 Sep 2025 31 Dec 2099 ₹1,00,00,000 500 Unsecured None recorded BSE Brickwork AA 19 Aug 2026
INE530B08243 Perpetual debt 9.9% Yearly 30 Dec 2025 31 Dec 2099 ₹1,00,00,000 100 Unsecured None recorded BSE Brickwork AA 19 Aug 2026
INE530B08276 Perpetual debt 9.9% Yearly 30 Sep 2026 31 Dec 2999 ₹1,00,00,000 100 Unsecured None recorded BSE Brickwork AA 19 Aug 2026
INE530B08250 Perpetual debt 9.9% Yearly 29 May 2026 29 May 9999 ₹1,00,00,000 100 Unsecured None recorded BSE Brickwork AA 19 Aug 2026
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • Cumulative bonds pay no periodic coupon; the contractual return is payable at maturity. The amount shown is that return per unit of face value, and the yearly rate is worked out from it and the allotment and maturity dates.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Cumulative NCD · Credit rating.

IIFL Finance pass-through certificates (PTCs): schemes, ISINs and maturity

13 outstanding PTCs in 10 schemes · by scheme, then maturity

Scheme ISIN Series Coupon Maturity Interest Trustee Traded on Rating (NSDL)
Liquid Gold Series 8 Dec 2024 INE1U3R15011 Series A 10% 20 Jul 2027 As per payout schedule Catalyst Trusteeship Limited Not traded —
Liquid Gold Series 9 INE1YBL15013 Series A 9.11% 20 Aug 2027 As per payout schedule Catalyst Trusteeship Limited Not traded —
Liquid Gold Series 10 INE20PW15019 Series A 9.11% 20 Aug 2027 As per payout schedule Catalyst Trusteeship Limited Not traded —
Liquid Gold Series 11 INE27BR15014 Series A 8.65% 22 Dec 2027 As per payout schedule Catalyst Trusteeship Limited Not traded —
Liquid Gold Series 12 INE27BS15012 Series A 8.65% 22 Dec 2027 As per payout schedule Catalyst Trusteeship Limited Not traded —
Liquid Gold Series 13 June 2025 INE29DX15014 Series A 8.42% 20 Oct 2027 As per payout schedule Catalyst Trusteeship Limited Not traded —
Liquid Gold Series 14 INE2JYU15015 Series A 8.74% 20 Jan 2028 As per payout schedule Catalyst Trusteeship Limited Not traded —
Liquid Gold Series 14 INE2JYU15023 Series B 10.03% 20 Jan 2028 As per payout schedule Catalyst Trusteeship Limited Not traded —
Liquid Gold Series 17 INE2PA615015 Series A 8.42% 20 Apr 2028 As per payout schedule Catalyst Trusteeship Limited Not traded —
Liquid Gold Series 17 INE2PA615023 Series B 9.57% 20 Apr 2028 As per payout schedule Catalyst Trusteeship Limited Not traded —
Liquid Gold Series 23 INE2UU815010 — 8.8% 22 Jan 2029 — — BSE —
Liquid Gold Series 25 INE2YCE15014 Series A 8.8% 20 Oct 2029 As per payout schedule Catalyst Trusteeship Limited Not traded —
Liquid Gold Series 25 INE2YCE15022 Series B 10.25% 20 Oct 2029 As per payout schedule Catalyst Trusteeship Limited Not traded —
Notes on this table

Each scheme is a securitisation trust with its own ISIN issuer code. PTCs usually repay part of the principal every month as the pool pays down, so the amount outstanding is lower than the amount issued. Coupons are as recorded by CDSL, NSDL or the exchanges; for an equity or junior tranche there may be no fixed coupon. Ratings of PTCs carry the suffix "(SO)". Series, trustee and originator are from CDSL's list of securitised debt instruments where it has the ISIN; schemes held at NSDL are listed when they trade or are placed on BSE.

Public NCD issues

IssuerOpenedCouponTenorRatingIssue size
IIFL Finance17 Feb 2026————

IIFL Finance credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
CRISIL AA Stable New 24 Aug 2026 37 Verified by NSDL · Checked 12 Nov 2026
Infomerics AA Stable Reaffirm 20 Aug 2026 4 Checked 12 Nov 2026
Brickwork AA+ Stable Reaffirm 19 Aug 2026 18 Verified by NSDL · Checked 12 Nov 2026
India Ratings AA Stable Reaffirm 5 Aug 2026 3 Checked 12 Nov 2026
ICRA AA Negative Reaffirm 11 Feb 2026 17 Checked 12 Nov 2026
CARE AA No Outlook Reaffirm 12 Mar 2024 1 Over 12 months old · Checked 12 Nov 2026
Rating history
Date Agency Rating Outlook Action
24 Aug 2026 CRISIL AA Stable New
20 Aug 2026 Infomerics AA Stable Reaffirm
19 Aug 2026 Brickwork AA+ Stable Reaffirm
19 Aug 2026 Brickwork AA Stable Reaffirm
19 Aug 2026 Infomerics AA — —
5 Aug 2026 India Ratings AA Stable Reaffirm
15 May 2026 Brickwork AA+ Stable Reaffirm
15 May 2026 Brickwork AA Stable Reaffirm
15 May 2026 Infomerics AA Stable Reaffirm
11 Feb 2026 CRISIL AA Stable New
11 Feb 2026 ICRA AA Negative Reaffirm
29 Dec 2025 India Ratings AA Stable New
24 Dec 2025 Brickwork AA+ Stable Reaffirm
24 Dec 2025 Brickwork AA Stable Reaffirm
22 Dec 2025 Infomerics AA Stable Reaffirm

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CRISIL, ICRA, CARE, India Ratings, Brickwork, Infomerics

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
2 Sep 2022 INE530B07229 2 Sep 2024 Placement memorandum on BSE
7 Sep 2021 INE530B07112 7 Sep 2024 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

IIFL Finance bonds: questions and answers

What bonds has IIFL Finance Limited issued?

IIFL Finance Limited has 41 outstanding bonds recorded on this page. By type, as described by NSDL: 36 NCDs, 4 perpetual debt, 1 market-linked debenture. 2 further ISINs on record have passed their maturity dates and are not counted as outstanding.

What are the ISINs of IIFL Finance Limited bonds?

Its 41 outstanding bonds each have their own ISIN, for example INE530B07468, INE530B07666, INE530B07526. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE530B / INE866I / INE2UU8 / INE1U3R / INE1YBL / INE20PW / INE27BR / INE27BS / INE29DX / INE2JYU / INE2PA6 / INE2YCE.

What coupon rates do IIFL Finance Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 8.37% to 10.5% a year on face value. 8 cumulative bonds pay no periodic coupon; their contractual return is payable at maturity. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do IIFL Finance Limited bonds mature?

Its outstanding bonds have maturity dates from 8 Mar 2027 to 29 May 9999. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of IIFL Finance Limited bonds?

NSDL India Bond Info records CRISIL AA (Stable) (action dated 24 Aug 2026); Infomerics AA (Stable) (action dated 20 Aug 2026); Brickwork AA+ (Stable) (action dated 19 Aug 2026); India Ratings AA (Stable) (action dated 5 Aug 2026); ICRA AA (Negative) (action dated 11 Feb 2026); CARE AA (No Outlook) (action dated 12 Mar 2024) on its outstanding bonds. Checked on NSDL on 12 Nov 2026. A rating is the agency's opinion and can change at any time.

Are IIFL Finance Limited bonds secured, unsecured or guaranteed?

NSDL records 26 of the 41 outstanding bonds whose terms it holds as secured and 15 as unsecured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Is IIFL Finance Limited the same company as IIFL Holdings Limited?

Yes. IIFL Finance Limited was formerly known as IIFL Holdings Limited and India Infoline Limited and India Infoline.com Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is L67100MH1995PLC093797.

Where can investors find the original disclosure documents for IIFL Finance Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of IIFL Finance Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

What is a cumulative bond?

A cumulative bond pays no periodic coupon. The contractual return builds up over its life and is payable with the face value at maturity, so this page shows the amount payable at maturity and the yearly rate it works out to, instead of a yearly coupon.

Which pass-through schemes are listed under IIFL Finance Limited?

IIFL Finance Limited has 10 schemes with outstanding pass-through certificates on this page: Liquid Gold Series 8 Dec 2024, Liquid Gold Series 9, Liquid Gold Series 10, Liquid Gold Series 11, Liquid Gold Series 12, Liquid Gold Series 13 June 2025, Liquid Gold Series 14, Liquid Gold Series 17, Liquid Gold Series 23 and Liquid Gold Series 25, with 13 outstanding PTC ISINs in all.

What is a pass-through certificate (PTC)?

A pass-through certificate is a debt security issued by a securitisation trust. A lender sells a pool of loans or receivables to the trust, and the trust passes the repayments it collects to the certificate holders. Payments depend on how the pool performs and on any credit enhancement, not on the general funds of the lender. Ratings of PTCs carry the suffix "(SO)", structured obligation.

Sources and dates

Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 13 Nov 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. 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.

Advertisement
Bond Interpretation
Bond Interpretation
Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

Popular Categories