Lead Manager to IIFL Home Finance Limited for their Public Issue of Unsecured NCDs

Public Issue - NCD

Service

August 2021

Date

Financial Institutions

Sector

INR 6,558 MN

Deal Value

Lead Manager to IIFL Home Finance Limited for their Public Issue of Unsecured NCDs

Deal Highlights:

  • The Issue received an overwhelming response from investors. The Issue was subscribed 6.56 times of the Base Issue Size and 0.66 times of the Tranche I Issue Size
  • The Issue offered a diverse set of interest payment options like annual, monthly and at maturity to Investors with fixed tenor of 87 months

Our Contribution:

  • We managed to garner healthy participation from a varied set of investors
  • As Left Lead Manager, we hand-held the Company with end-to-end execution, swift regulatory approvals and timely launch
  • This is our back-to-back successful NCD issue closure for a HFC within the first half of the current fiscal year; A great testimony of our understanding of HFCs