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IBL Finance Proposes Public Issue of NCDs Worth Up to Rs 50 Crore
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News18•08-10-2026, 14:00
IBL Finance Proposes Public Issue of NCDs Worth Up to Rs 50 Crore
- •IBL Finance Ltd announced a public issue of secured, rated, listed, and redeemable non-convertible debentures (NCDs) aggregating up to Rs 50 crore.
- •The issue includes a base issue of Rs 25 crore with a green shoe option to retain oversubscription of up to an additional Rs 25 crore.
- •The NCD public issue is scheduled to open on October 12 and close on October 26, 2026, with a face value of Rs 1,000 per NCD.
- •The company offers four tenure options ranging from 13 months to 60 months, providing yields of up to 12.12 per cent per annum.
- •Funds raised will be utilized for onward lending, financing operations, and repayment of existing borrowings.
Key Questions Answered
IBL Finance has proposed a public issue of secured, rated, listed, and redeemable non-convertible debentures (NCDs) aggregating up to Rs 50 crore. The issue consists of a base issue worth Rs 25 crore and a green shoe option to retain oversubscription of up to another Rs 25 crore.
The NCD public issue is scheduled to open on October 12 and close on October 26, 2026, subject to the terms of the prospectus. Each NCD has a face value of Rs 1,000, and the debentures are proposed to be listed on BSE Ltd.
The company is offering the NCDs across four tenure options of 13 months, 24 months, 36 months, and 60 months, with yields of up to 12.12 per cent per annum. The minimum application size requires 10 NCDs, which amounts to Rs 10,000.
