India Infoline Finance Ltd.[IIFL] NCD Sep 2013 Interest Rate up to 12%
The issuer company is a 98.87% subsidiary of India Infoline Limited. The issuer company is an NBFC with a diverse loan product offering comprising of Home Loans, Capital Market Finance, Gold Loans and Healthcare Finance.
As of March 31 2012, the issuer company had a branch network of 1,323 branches, a loan book of Rs. 67,465 million (104% CAGR since FY10) and a total income of Rs. 9,536 million (102% CAGR since FY10).
The Company is well capitalized with a networth of Rs. 14,282 million on consolidated basis and Capital adequacy of 17.86%. It’s Consolidated Income from Operation and Profit after tax has grown at a Compounded Annual Growth Rate (“CAGR”) of 54.33% and 44.85% respectively over the last four years. The Loan Book has grown at a CAGR of 63.82% over the last four years and a track record of business growth and profitability
– IIFL Group services a large customer base and employs over 13,000 people.
– IIFL, the parent entity is listed on BSE and NSE.