Friday, March 01, 2019

9.35% L&T Finance NCD March 2019 Issue Dates, Rating & Interest Rates - Should You Invest?

L&T Finance is coming up with Secured NCDs in March 2019. The subscription to start from 6th March 2019. L&T Finance will offer 9.35%* interest rates on the NCDs. The company incorporated in 1991 based in Kolkata. The company is a leading private non-banking financial services provider company. The company is a part of L&T Group promoted by L&T Finance Holdings Limited. They have over 225 branches in 220 cities across India. They have around 18000 employees working with company.

L&T Finance NCD Issue December 2018 Details:
  • NCD Issue Open: 06 March 2019
  • NCD Issue Close: 07 March 2019
  • NCD Issue Size: Rs.1500 Crore
  • Price Band: Rs.1000
  • NCD's: 15,000,000 of Rs.1000 Each
  • Interest Rate: Upto 9.35% ** (Annually)
  • Minimum Investment: 10 Bonds (Rs 10,000)
  • Maximum Investment: 1,000 Bonds (Rs 10,00,000)
  • Listing: BSE, NSE
L&T Finance NCD Issue Rating:
  • India Rating and Research Ratings: IND AA / Stable
  • CARE Ratings: CARE AA / Stable
  • ICRA Ratings: AA / Stable
L&T Finance NCD Issue Listing:
  • NCD Bonds will be list on BSE & NSE.
L&T Finance NCD Issue Promoters:
  • L&T Finance Holdings Limited
How to Apply L&T Finance NCD Issue?
You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.
L&T Finance NCD (March 2019) Issue Tenure & Coupon Rates: Details

L&T Finance NCD Lead Manager:
  • A. K. Capital
  • Edelweiss Financial
  • Axis Bank
  • Trust Investment
L&T Finance NCD (March 2019) Allotment Status:
NCD Registrar:
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Fax: +91-22-4918 6060

Company Information:
L&T Finance Limited
Brindavan, Plot No. 177,
C.S.T. Road, Kalina,
Santacruz (East), Mumbai - 400098
Phone: +91 22 6212 5000
Fax: +91 22 6621 7509