Day: 13 September 2013

India Infoline is raising Rs 1050 crores through issue of debentures offering 12% for 3 & 5 years tenure. Issue open & Close :  17th Sep to 4 Oct 2013 Type of Instruments – Secured & UnSecured Redeemable NCDs Size of Issue - Rs 525 crore through this issue, with an option to retain oversubscription upto Rs 525 crore, aggregating to a total of upto Rs 1050 crore. Listing – Proposed to be listed on BSE / NSE Credit Rating – CARE AA by CARE  & BWR AA by Brickwork Investment options – Monthly / Annually / Interest for 3 years & 5 years About Company IIFL is a subsidiary of India Infoline Limited (“IIFL”), a diversified financial services company. It is a non-deposit taking NBFC focusing on Mortgage Loans, Commercial Vehicle Finance, Gold Loan, Capital Market Finance and H...