IIFL Finance's public issue of NCD oversubscribed 4.75 times

IIFL Finance announced that its public issue of secured, rated, listed redeemable non-convertible debentures (NCDs) was oversubscribed 4.75 times amounting to Rs 475.03 crore by end of the day 09 April 2025. The issue opened on Monday, 07 April 2025 and will close on Friday, 11 April 2025, due to oversubcription ahead of its proposed date of closing of  23 April 2025. The issue was offered on first come first served basis with an option of early closure.