NCD News of IIFL Samasta Finance NCD Tranche II May 2024

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 ₹200.00 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹2,000.00 Crores.

Established in 1995, IIFL Samasta is a microfinance institution (NBFC MFI) in India offering innovative and affordable financial products to women registered as members and organized in 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 II May 2024 is rated

CRISIL AA-/Watch Developing by CRISIL Ratings Limited and 'ACUITE AA | Rating Watch Negative Implications' by Acuite Ratings & Rese.

The issue opens on Jun 3, 2024 and closes for subscription on Jun 14, 2024. The shares of the company to be list at BSE, NSE.

The public issue of IIFL Samasta Finance Limited opens on Jun 3, 2024 and closes for subscription on Jun 14, 2024.

The IIFL Samasta Finance NCD Tranche II May 2024 are proposed to list at BSE, NSE.

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