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Forthcoming NCD – L&T Finance Ltd

Forthcoming NCD

L&T Finance Limited

*All investors shall mandatorily use only Application Supported by Blocked Amount (ASBA) facility for making payments.

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SymbolLTFNCD2
SeriesS1 – 8.70% Tenor 3 years, for Category I & II Investors – Annual Option, 8.90% Tenor 3 years, for Category III & IV Investors – Annual Option
S2 – Payable at redemption-Rs.1,284.66 – Tenor 3 years, for Category I & II Investors – Cumulative Option, Payable at redemption-Rs.1,291.77 – Tenor 3 years, for Category III & IV Investors – Cumulative Option
S3 – 8.80% Tenor 5 years, for Category I & II Investors – Annual Option, 9.00% Tenor 5 years, for Category III & IV Investors – Annual Option
S4 – 8.48% Tenor 5 years, for Category I & II Investors – Monthly Option, 8.66% Tenor 5 years, for Category III & IV Investors – Monthly Option
S5 – Payable at redemption-Rs.1,525.27 – Tenor 5 years, for Category I & II Investors – Cumulative Option, Payable at redemption-Rs.1,539.36 – Tenor 5 years, for Category III & IV Investors – Cumulative Option
S6 – 8.85% Tenor 8 years, for Category I & II Investors – Annual Option, 9.05% Tenor 8 years, for Category III & IV Investors -Annual Option
S7 – 8.52% Tenor 8 years, for Category I & II Investors – Monthly Option, 8.70% Tenor 8 years, for Category III & IV Investors – Monthly Option
Issue Period08-Apr-2019 to 18-Apr-2019
Post issue Modification Period22-Apr-2019 (10.00 A.M. to 1.00 P.M.)
Issue SizePublic Issue of Secured Redeemable Non-Convertible Debentures amounting to Rs.50,000 Lakhs (Base Issue Size) with an option to retain oversubscription upto Rs. 50,000 Lakhs aggregating upto Rs.1,00,000 lakhs
Security TypeSecured Redeemable Non-Convertible Debentures
Issuance Mode of the InstrumentDemat Only
PriceRs 1000
Face ValueRs 1000
Market Lot1 (one) NCD
Minimum Application Value10 (Ten) NCDs (Rs. 10,000) either taken individually or collectively across all series of NCDs and in multiple of 1 NCD (Rs.1000) thereafter
#IPO / #NCD GradingICRA AAA/Stable, CARE AAA/Stable and IND AAA/Stable
Rating AgencyICRA Limited , CARE Ratings Limited and India Ratings and Research Private Limited
IPO Market Timings10.00 a.m. to 5.00 p.m.
Lead ManagersEdelweiss Financial Services Limited, A.K.Capital Services Limited, Axis Bank Limited, Trust Investment Advisors Private Limited
Name of the RegistrarLink Intime India Private Limited
Address of the RegistrarC- 101 1st Floor 247 Park, LBS Marg, Vikhroli (West), Mumbai 400083, Maharashtra, India

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