IIFL Finance has cleared a major fundraise through a fresh public issue of secured non-convertible debentures, marking an important step to support its lending growth.
The Board approved issuing secured, rated and listed redeemable NCDs with a total shelf limit of up to ₹2,000 crore, including a green shoe option. The capital will be mobilised in one or more tranches, with specific tranche details to be released at the time of issue.
In Q2FY26, the company posted a consolidated profit of ₹418 crore, a 52% jump over the previous quarter as its gold loan franchise drove a strong rebound.
The lender’s overall AUM climbed to ₹90,122 crore, rising 7% sequentially, while its gold loan book touched an all-time high of ₹34,577 crore, growing an exceptional 220% year-on-year after fully resuming business following the September 2024 embargo.
The company also reported healthier asset quality, with reductions in both Stage 2 and Stage 3 exposures and a robust 93% provision coverage, even as it continued trimming unsecured MSME, micro-LAP and risk-prone MFI portfolios.
IIFL Finance continues to scale its lending operations across retail, MSME, and gold loan segments. The company maintains a robust distribution network and is steadily expanding its digital lending capabilities.
IIFL said its strategy remains anchored in collateral-backed retail lending: spanning gold loans, secured MSME credit and home finance strengthened by an AI-driven risk architecture and a phygital presence of nearly 4,800 branches. Alongside subsidiaries IIFL Home Finance and IIFL Samasta Finance, the group now serves more than 4.6 million customers across its diverse retail lending portfolio.
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As of November 26, 2025, at 12:30 PM, IIFL Finance Ltd share price is trading at ₹570.70 per share, reflecting a gain of 2.39% from the previous closing price. Over the past month, the stock has gained by 12.93%.
By approving this ₹2,000 crore public debenture issue, IIFL Finance strengthens its capital structure and reinforces its commitment to sustainable expansion across lending verticals.
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Published on: Nov 26, 2025, 2:37 PM IST
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