NCD News of IIFL Samasta Finance NCD Tranche I Nov 2023

IIFL Samasta Finance Limited is coming up with Public Issue of Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) of the face value of ₹ 1000 each, for an amount of ₹1,000.00 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹2,000.00 Crores.

Incorporated in 1995, IIFL Samasta is a Non-Banking Finance Company Micro Finance Institution (NBFC MFI) in India that offers innovative and affordable financial products to women enrolled as members and organized as a Joint Liability Group. IIFL Samasta is a subsidiary of IIFL Finance Limited.

Allotment of the NCD's will be done on First Come First Serve Basis.

IIFL Samasta Finance NCD Tranche I Nov 2023 is rated CRISIL AA-/ Positive by CRISIL Ratings Limited.

The issue opens on Dec 4, 2023 and closes for subscription on Dec 15, 2023. The shares of the company to be list at BSE, NSE.

The public issue of IIFL Samasta Finance Limited opens on Dec 4, 2023 and closes for subscription on Dec 15, 2023.

The IIFL Samasta Finance NCD Tranche I Nov 2023 are proposed to list at BSE, NSE.

Allotment of the NCD's will be done on First Come First Serve Basis.