IIFL Finance jumps on raising Rs 100 crore via NCDs
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IIFL Finance is currently trading at Rs. 268.45, up by 17.75 points or 7.08% from its previous closing of Rs. 250.70 on the BSE.
The scrip opened at Rs. 259.00 and has touched a high and low of Rs. 275.75 and Rs. 252.50 respectively. So far 163710 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 275.75 on 24-Feb-2021 and a 52 week low of Rs. 58.15 on 03-Jun-2020.
Last one week high and low of the scrip stood at Rs. 275.75 and Rs. 211.00 respectively. The current market cap of the company is Rs. 10119.90 crore.
The promoters holding in the company stood at 24.98%, while Institutions and Non-Institutions held 18.09% and 56.93% respectively.
IIFL Finance has raised Rs 100 crore through issuance of non-convertible debentures (NCDs) on private placement basis. NCDs will be listed on the National Stock Exchange (NSE).
IIFL Finance is an Indian diversified financial services company.
