L&T Finance NCD Dec 2019 Subscription

NCD DetailSubscriptionAllotment status
L&T Finance NCD Dec 2019 details
Subscription Dates16 – 17 December 2019
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR1,000  per NCD
Issue Price INR1,000 per NCD
Issue Size (base)INR500 crore
Issue Size (including oversubscription)INR1,500 crore
Minimum Lot size10 NCDs
Market Lot1 NCD
Tenor36 months

60 months

84 months
Credit RatingCRISIL AAA/Stable
CARE AAA/Stable
IND AAA/Stable
Category ReservationCategory 1 (QIB): 10%

Category 2 (NII): 10%

Category 3 (HNI): 35%

Category 4 (RII): 45%
Basis of AllotmentFirst Come First Serve
Listing OnBSE, NSE
L&T Finance NCD Dec 2019 Subscription Status (no. of times)
Category 1 (QIB)Category 2 (NII) Category 3 (HNI) Category 4 (RII) Total
17 Dec 20190.441.283.222.932.62
16 Dec 20190.401.103.012.282.23

LEAVE A REPLY

Please enter your comment!
Please enter your name here