IFL Finance gets SEBI nod to launch 3.85cr shares IPO

Business Nov 05, 2026

IFL Finance, based in Delhi, just got the go-ahead from SEBI to launch its IPO.

The plan? Raise funds by offering 3.85 crore shares, mostly new shares, with a smaller chunk being sold by the company's promoters.

This move comes after they filed their draft prospectus back in July.

IFL Finance plans ₹150cr capital boost

Now that SEBI has cleared things, IFL Finance has a year to officially file its prospectus and could even do a pre-IPO share placement if needed.

Out of the money raised, ₹150 crore will go toward strengthening its capital so it can grow and lend more as an RBI-regulated NBFC.

With 88 branches across five regions and Aryaman Financial Services managing the process, this IPO is all about fueling expansion and future plans.