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Petronet LNG invites bids for Rs 300 crore via book building process

06 Jun 2013 Evaluate

Petronet LNG has invited bids for Rs. 300 crore through book building process for issuing Unsecured Redeemable taxable Non-Convertible Debentures (NCD) (Series I) for a period of five years through private placement basis. The cut off coupon rate is at 8.35% per annum.

Petronet LNG is one of the leading players in oil and natural gas industry space. It has India’s first and largest LNG supply terminal located at Dahej.

Peers
Company Name CMP
Petronet LNG 285.85
Linde India 6197.20
IRM Energy 267.95
Steamhouse India 113.92
Nilachal Carbo Metal 125.00
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