Mumbai, Oct. 8 -- IBL Finance has announced the public issue of 5 lakh Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 1000 each for an amount aggregating up to Rs 50 crore.

The base size issue is Rs 25 crore, with an option to retain over-subscription up to an additional Rs 25 crore (Green Shoe Option) aggregating up to Rs 50 crore.

The issue is scheduled to open on 12 October 2026 and close on 26 October 2026, with an option of early closure or extension.

There are 6 series of NCDs carrying fixed coupons and having a tenure of 13 months, 24 months, 36 months and 60 months with monthly and annual interest payment options.

An effective yield (per annum) for the NCD holders in all categories of investors ra...