IIFL Finance gains on raising Rs 35 crore through NCDs
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IIFL Finance is currently trading at Rs. 466.70, up by 3.00 points or 0.65% from its previous closing of Rs. 463.70 on the BSE.
The scrip opened at Rs. 469.85 and has touched a high and low of Rs. 469.85 and Rs. 462.80 respectively. So far 2114 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 538.40 on 02-Feb-2023 and a 52 week low of Rs. 282.80 on 11-May-2022.
Last one week high and low of the scrip stood at Rs. 487.00 and Rs. 460.55 respectively. The current market cap of the company is Rs. 17653.87 crore.
The promoters holding in the company stood at 24.85%, while Institutions and Non-Institutions held 32.13% and 43.02% respectively.
IIFL Finance has raised Rs 35 crore through allotment of 35 Non-Convertible Debentures namely Unsecured Subordinated Redeemable Non-Convertible Debentures - Series D24 of Face Value of Rs 1,00,00,000 each, for cash at par, on Private Placement Basis. Finance Committee of the Board of Directors of the Company at its meeting held on May 08, 2023 approved the same.
IIFL Finance is an Indian diversified financial services company.
