Pranam,
Public Issue by L&T Finance Limited NCDs Tranche I of base amount Rs.500 crs., with an option to retain oversubscription up to Rs.1,000 crs. aggregating up to Rs.1,500 crs. which is within the Shelf Limit of Rs.5,000 crs.
Issue opens:
Wednesday March 06th, 2019.
Issue closes:
Wednesday March 20th, 2019.
Allotment:
First Come First Serve Basis.
Face Value:
Rs. 1000 per NCD.
Issue Price:
Rs. 1000 per NCD.
Issuance & Trading mode of the instrument:
Demat only.
Nature of Instrument:
Secured, Redeemable, Non-Convertible Debentures.
Minimum Application:
Rs. 10,000 (10 NCDs) and in multiple of Rs. 1,000 (1 NCD) thereafter across all Series.
Payment Mechanism:
ASBA Mandatory.
Listing:
BSE & NSE.
Rating:
[ICRA] AAA (Stable) by ICRA Ltd., CARE AAA/Stable by CARE & IND AAA/Stable by India Ratings & Research Pvt. Ltd.
For Application Forms Contact : +919869958999
By: via @AlliesFin Serve T.ME/ALLiESFiN
