L&T Infra Finance planning to raise Rs 250 crore through bonds

25 Jul 2017 Evaluate

L&T Infrastructure Finance is planning to issue secured, Redeemable, Non-Convertible Debentures of the face value of Rs 25 lakh each, amounting to Rs 250 crore with an option to retain over subscription of Rs 250 crore on private placement basis.

L&T Financial Services's Infra Finance is backed by L&T Finance Holdings, a part of Larsen & Toubro. The company is incorporated as a non-banking finance company (NBFC) in 2006, under the Reserve Bank of India (RBI) Act 1934.

Peers
Company Name CMP
Mahalaxmi Fabric 55.62
OCCL 90.00
CUBEINVIT 125.00
EMAMILTD7 423.00
ICICINXT50 74.00
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