green-shoe option

Money

IIFL Samasta Finance Gears Up for ₹1,000 Crore Bond Listing on BSE and NSE

IIFL Samasta Finance, a prominent NBFC-MFI in India, is set to raise ₹1,000 crore through its debut public offering of secured bonds. The funds aim to support business expansion and enhance capital resources, offering investors a secure opportunity with interest rates up to 10.50%. The company plans to issue ₹200 crore initially, with a green-shoe option for oversubscription, potentially raising…