L&T Finance Ltd.

L&T Finance Holdings’ material subsidiary -- L&T Finance has raised Rs 3,238.48 crore through non-convertible debentures. The company raised a total of Rs 3,238.48 crore worth of subscriptions, which is 6.48 times of the base issue size of Rs 500 crore. The issue was oversubscribed on the first day of tranche 2 issue on April 8.

L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, as well as mutual fund products and investment management services, through its direct and indirect wholly-owned subsidiaries.