MoneyWorks4Me

Kirloskar Ferrous Industries raises Rs 250 crore through NCDs

10 Mar 2022 Evaluate

Kirloskar Ferrous Industries has raised Rs 250 crore through rated, listed, unsecured, redeemable Non-Convertible Debentures (NCDs) and allotted 2,500 NCDs having face value of Rs 10 lakh each in two series of 1,250 NCDs each on a private placement basis to the identified investors. 

Kirloskar Ferrous Industries (KFIL) was formed with the intention of transforming the high quality Pig Iron and Grey Iron casting industry. With a parent company that possesses a rich 130year manufacturing and engineering legacy, KFIL has been built on a solid foundation of innovation and customer centricity.

Peers
Company Name CMP
JSW Steel 1215.70
Tata Steel 175.60
Steel Authority 171.25
Jindal Stainless 736.25
APL Apollo Tubes 2137.60
View more..