L&T - Infrastructure Bonds - Issue Open from Oct 18, 2010 to Nov 02, 2010
The issue which opens on October 18, 2010 for retailers will have a ten-year maturity and closes on November 2, 2010 . After the issue of Bonds by IFCI, IDFC Bonds are open now and the issue closes on October 22, 2010
The issue which opens on
October 18, 2010
for retailers will have a ten-year maturity and closes on
November 2, 2010
. After the issue of Bonds by IFCI, IDFC Bonds are open now and the issue closes on October 22, 2010 According to L&T Infra's Director Y M Deosthalee,
"We were encouraged by the high retail participation in L&T Finance's two issues last year. Targeting retail investors to raise money at reasonable rates is a part of our strategy to enlarge our liability base," .
Traditionally, the company, which has been in business since 2007, had been raising money from banks and mutual funds.
The issue size of bonds is for Rs 200 crores, with an option to retain over subscription of another Rs 500 crores.
The Bonds which comes in four series can either be purchased in physical or dematerialized form.
Sensex moves up 104 Points – Profit booking at high levels ends days close at 20339.89
Selling spree brings down SENSEX to 20203.34 down 136.55 points Today
Stock Markets: The Most sought-after Investment avenue in India
Read related articles:
Did you like this resource? Share it with your friends and show your love!
Responses to "L&T - Infrastructure Bonds - Issue Open from Oct 18, 2010 to Nov 02, 2010 "
No responses found. Be the first to respond...
Notify me by email when others post comments to this article.
Do not include your name, "with regards" etc in the comment. Write detailed comment, relevant to the topic.
No HTML formatting and links to other web sites are allowed.
This is a strictly moderated site. Absolutely no spam allowed.
to fill automatically.
(Will not be published, but
to validate comment)
Type the numbers and letters shown on the left.
Awards & Gifts
Subscribe to Email
Get Jobs by Email
Forum posts by Email
Articles by Email
Last 7 Days
Copyright © SpiderWorks Technologies Pvt Ltd., Kochi, India. All Rights Reserved.