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IIFL Finance Right Issue Details 2024

Right Issue Status: Open [30th Apr 2024 to 14th May 2024]

Rated 3/5 by Team InvestorGain

IIFL Finance  Right Issue Detail

IIFL Finance Limited offers Right Issue size of Rs 1271.83Cr. The subscription for this Rights Issue is opening from 30 Apr 2024 to 14 May 2024. The company issues entitlement of 1 Rights equity shares for every fully paid-up 9 equity shares held on the record date of 23 Apr 2024. The face value of a share is Rs. 10 per share and the right issue price is fixed at Rs. 300 per share.

Stay connected with us to more about IIFL Finance Limited Right Issue Details 2024 including issue size, right issue entitlement, terms of payment, sand more.

IIFL Finance Right Issue Objective

The Company intends to utilize the Net Proceeds from the Issue towards augmenting the capital base of the company.
  1. its existing activities; and
  2. the activities proposed to be funded from the Net Proceeds.

IIFL Finance Right Issue Details

IIFL Finance Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 4.24 Cr Shares
Right Issue Issue Size (Amount) ₹1271.83 Cr
Face Value ₹2 Per Equity Share
Right Issue - Issue Price ₹300 per share
Right Issue Record Date 23rd Apr 2024
Right Issue Entitlement 1 Rights Equity Share(s) for every 9 fully paid-up Equity Shares held on Record Date
Right Issue Terms of payment

Rights Issue Price: Rs.300 per fully paid-up Equity Share (including a premium of Rs.298 per Equity Share) on application

Listing At BSE, NSE
BSE Code 532636
NSE Code IIFL

IIFL Finance Right Issue Dates

In this section we have covered all important dates related to IIFL Finance Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.

IIFL Finance Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 30th Apr 2024
Right Issue Issue Close Date 14th May 2024
Basis of Allotment Finalisation Date* 24th May 2024
Refunds Initiation* 8th May 2024
Credit of Shares to Demat Account* 27th May 2024
Right Issue Listing Date* 28th May 2024

* - Tentative Dates

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About Company - IIFL Finance

IIFL Finance Limited is an RBI-registered, systemically important, non-deposit taking, non-banking finance company (“NBFC-ND-SI”) that caters to the credit needs of a diversified customer base through a variety of products. The products offered include home loans, gold loans, real estate loans, financing for medium and small enterprises, microfinance, construction and real estate finance and capital market finance for retail and corporate customers.

They offer the following products to the clients:

  1. Home Loan
  2. Loan Against Property
  3. Micro, small and medium enterprise financing segments (MSME)
  4. Gold Loans
  5. MicroFinance
  6. Construction and Real Estate finance
  7. Capital Market Finance

IIFL Finance Financials for past 3 Years

Past performance and financial results of IIFL Finance .

Iifl Finance Ltd Financial Information (Restated Consolidated)

Iifl Finance Ltd's revenue increased by 20.56% and profit after tax (PAT) rose by 35.29% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202218 Mar 2021
Assets53,001.3245,910.1840,666.92
Revenue8,447.117,006.285,989.69
Profit After Tax1,607.551,188.25760.81
Reserves and Surplus8,915.976,387.915,311.75
Total Borrowing17,185.1816,073.8016,060.53
Amount in ₹ Crore

IIFL Finance Right Issue Live Subscription (NSE + BSE)

The table below is live update of Right Issue bidding details from NSE and BSE.

    Company Address

    Iifl Finance Ltd
    IIFL House, Sun Infotech Park,
    Road No. 16V, Plot No. B-23,
    Thane Industrial Area, Wagle Estate
    Thane ,Maharashtra-400 604
    India
    Website: https://www.iifl.com/
    Phone: :(91-22) 41035000
    Email: [email protected]

    Registrar

    Link Intime India Private Ltd
    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai - 400083
    Website: https://linkintime.co.in/Initial_Offer/public-issues.html
    Phone: +91-22-4918 6270
    Email: [email protected]

    Lead Manager

    1. Ambit Private Limited

    IIFL Finance Right Issue Offer Document (Letter of Offer) >>Document

    IIFL Finance Right Issue Offer Document (Letter of Offer) >>IIFL Finance Right Issue Red Herring Prospectus is not yet available.

    IIFL Finance Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

    IIFL Finance Right Issue Online Application (Registrar & Transfer Agent) >>IIFL Finance Right Issue RTA information is not yet available.

    IIFL Finance Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for IIFL Finance ? Should I apply in IIFL Finance Right Issue?

    Last Updated on 2024-05-02T03:32:52+00:00


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