Mumbai, March 13 -- The company will issue 70,000 secured, listed, rated, redeemable NCDs - Series D29 Option C, which includes green shoe option to retain oversubscription up to 27,500 NCDs.

The total issue includes a base issue of Rs 425 crore, with a green shoe option to retain oversubscription up to Rs 275 crore.

These secured, listed, rated, redeemable NCDs will be listed on the National Stock Exchange of India (NSE).

IIFL Finance, a leading retail-focused NBFC in India, offers loans and mortgages through its subsidiaries. With a wide range of products and a vast customer base, they operate across India through branches and digital channels.

The company's consolidated net profit declined 91.7% to Rs 40.70 crore in Q3 FY25 as comp...