IFL Finance Files IPO Draft Papers with SEBI
Gold loan-focused NBFC IFL Finance Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on July 22, 2026, to launch its Initial Public Offering (IPO).
According to the DRHP, the proposed IPO comprises a fresh issue of equity shares aggregating up to 3.55 crore equity shares and an Offer for Sale (OFS) of up to 0.30 crore equity shares by existing shareholders.
IFL Finance IPO - Issue Details
- Issue Type: Book-Built Issue (Fresh Issue + OFS)
- Total Issue Size: Up to 3.85 crore equity shares
- Fresh Issue: Up to 3.55 crore equity shares
- Offer for Sale (OFS): Up to 0.30 crore equity shares
- Face Value: ₹10 per equity share
- Listing: BSE, NSE
- Book Building Lead Managers: Aryaman Financial Services Limited
- Registrar: Skyline Financial Services Private Limited
Explore other Upcoming IPOs on BSE and NSE.
Utilisation of IFL Finance IPO Proceeds
The company proposes to utilise the net proceeds from the fresh issue towards:
- Augmentation of the company's capital base to meet future capital requirements.
- General corporate purposes.
About IFL Finance Limited
IFL Finance Limited, incorporated in 2015, is a non-deposit taking Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC) focused on providing secured retail loans, primarily gold loans. As of March 31, 2026, the company operated 88 branches across Delhi, Rajasthan, Madhya Pradesh, Uttar Pradesh, and Haryana, serving more than 33,000 active borrowers.
The company's Gross Loan Portfolio (GLP) grew from ₹279.10 crore as of March 31, 2024, to ₹520.49 crore as of March 31, 2026, at a two-year CAGR of 36.56%. Gold loans accounted for 84.77% of its loan portfolio as of March 31, 2026, with the remaining portfolio comprising home loans and loans against property. The company primarily serves self-employed individuals, small business owners, traders, and borrowers in the informal sector by offering quick, collateral-backed credit through a streamlined lending process.
Key Financial Information
|
Particulars |
FY26 (in ₹ Cr.) |
FY25 (in ₹ Cr.) |
FY24 (in ₹ Cr.) |
|
Revenue from Operations |
84.61 |
71.11 |
63.34 |
|
Profit After Tax (PAT) |
21.63 |
18.13 |
12.15 |
|
EBITDA |
65.62 |
52.25 |
41.60 |
What Lies Ahead for the IFL Finance IPO
Following the DRHP submission, SEBI will evaluate the draft offer document and could request further details or clarifications from the company. After obtaining regulatory observations, IFL Finance Limited will move forward with filing the Red Herring Prospectus (RHP), which will disclose the IPO price band, subscription dates, and other related specifications.
The IPO will open for public subscription after the company receives the necessary regulatory approvals and completes the required filing process.
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