MoneyWorks4Me

Religare Enterprises plans to raise Rs 800 crore via private placement basis

21 Sep 2013 Evaluate

Religare Enterprises is in plans to raise up to Rs 800 crore whereby the company will open the issue of Rated, Secured Redeemable Non-Convertible Debentures of a face value of Rs 10,00,000 each, with marketable lot of one debenture for cash aggregating up to Rs 800 crores on a private placement basis on September 24, 2013.

Religare Enterprises (REL) is one of India’s leading diversified financial services groups. REL offers an integrated suite of financial services including asset management, life and health insurance, lending, broking, investment banking, and wealth management.

Peers
Company Name CMP
Bajaj Finserv 1771.00
TVS Holdings 12493.90
Cholamandalam Fin. 1433.10
Altius Telecom Infra 175.00
Kama Holdings 2204.55
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