L&T Finance Limited Secured NCD - Opens on Mar 6, 2019

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L&T Finance Limited (Tranche I)

Issue Size: 500Cr.+1000Cr.= 1500Cr.

Instrument: Secured Redeemable Non-Convertible  Debenture*                                                                                                      Credit Rating: '[ICRA] AAA (stable) ,CARE AAA / Stable 

Tenor & Interest:

Secured

Retail category
37 Months  : 9.10 Annual

60 Months
9.25 Annual 8.89 Monthly

*120 Months *
9.35 Annual 8.98 Monthly

Listing: Proposed to be listed on BSE & NSE

Issuance Mode: Demat

Face Value: ₹ 1000

Mode Of Application: ASBA Only

Issue Opening Date: 06th Mar 2019

Issue Closing Date: 20th Mar 2019

Allocation Ratio
QIB:20%
Corporate: 20%
HNI: 30%
Retail: 30%

First Come First Serve Basis

ASBA Only

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