Saturday, April 06, 2019

9.05% L&T Finance NCD April 2019 Issue Dates, Rating & Interest Rates

L&T Finance Tranche-2 is coming up with NCDs. The subscription to start from 8th April 2019. L&T Finance will offer 9.05% interest rates on the NCDs. The company NCD has good rating from ICRA, CARE and India Ratings. L&T Finance is a leading private non banking financial service company in India. It is a L&T Group company started in 1994.

L&T Finance NCD Issue Details:
  • NCD Issue Open: 08 April 2019
  • NCD Issue Close: 18 April 2019
  • NCD Issue Size: Rs.500 Crore
  • Price Band: Rs.1000
  • Interest Rate: Upto 9.05% ** (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 AAA / Stable
  • CRISIL Ratings: CRISIL AAA / Stable
  • CARE Ratings: CARE AAA / Stable
L&T Finance NCD Issue Listing:
  • NCD Bonds will be list on BSE & NSE.
L&T Finance NCD Issue Promoters:
  • L&T Finance Holding 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 (April 2019) Issue Tenure & Interest Rates: Details
3 Years-8.89%8.90%
5 Years
8 Years

L&T Finance NCD Prospectus:
L&T Finance NCD Lead Manager:
  • A.K. Capital Services Limited
  • Axis Bank Limited
  • Edelweiss Capital Limited
  • Trust Investment Advisors Private Limited
L&T Finance NCD (April 2019) Allotment Status:
  • L&T Finance NCD issue allotment available on
NCD Registrar:
Enam Securities Private Limited,
8th Floor, Dalamal Towers,
Nariman Point, Mumbai - 400 021
Phone: +91-22-6638 1825

Company Information:
L&T Finance Ltd.
Technopolis, 7th Floor,
A- Wing, Plot No. - 4, Block - BP, Sector -V,
Salt Lake, Kolkata 700 091
Phone: 033-66111800