ReferIndia News High Demand: IIFL Finance's NCD Issue Fully Subscribed on Opening Day

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High Demand: IIFL Finance's NCD Issue Fully Subscribed on Opening Day

Published on: Feb. 17, 2026, 3:03 p.m. | Source: Devdiscourse

IIFL Finance Ltd's base issue of secured redeemable non-convertible debentures (NCDs) was fully subscribed within hours of opening, signifying strong investor trust. Aimed at raising up to Rs 2,000 crore, the funds will support business growth and capital enhancement, with yields up to 9% per annum offered.

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