IIFL Finance shines on raising Rs 472 crore through NCDs
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IIFL Finance is currently trading at Rs. 477.90, up by 7.15 points or 1.52% from its previous closing of Rs. 470.75 on the BSE.
The scrip opened at Rs. 470.00 and has touched a high and low of Rs. 479.45 and Rs. 465.90 respectively. So far 1569 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 520.90 on 21-Dec-2022 and a 52 week low of Rs. 269.55 on 28-Mar-2022.
Last one week high and low of the scrip stood at Rs. 518.50 and Rs. 465.85 respectively. The current market cap of the company is Rs. 17900.20 crore.
The promoters holding in the company stood at 24.88%, while Institutions and Non-Institutions held 31.69% and 43.42% respectively.
IIFL Finance has raised Rs 472 crore through the allotment of 47,21,082 Secured, Redeemable, Non-Convertible Debentures (NCDs) of Face Value of Rs 1,000 each on public issue basis. The Finance Committee of the Board of Directors of the Company vide Resolution dated January 24, 2023, approved allotment of the same.
IIFL Finance is an Indian diversified financial services company.
