MoneyWorks4Me

NLC India raises Rs 1175 crore via bonds

13 Feb 2021 Evaluate

NLC India has raised Rs 1175 crore through the allotment of 11750 nos. of Unsecured, Non-Cumulative, Non-Convertible, Redeemable, Taxable Bonds of Face Value of Rs 10 lakh each, (Series I of 2021) in the nature of Debentures on February 2, 2021 at a coupon of 6.05% p.a. maturing on February 2, 2026. 

NLC India is engaged in the business of lignite mining and power generation.

Peers
Company Name CMP
NTPC 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
View more..