India Infoline Investment Services Limited, the financial services subsidiary of India Infoline Limited (IIFL), plans to raise Rs 700 crore through public issue of secured redeemable non-convertible obligations (NCD).
The company will provide disease of Rs 1000 the nominal value of each combination of RS 375 crore, with the ability to keep more than the subscription price of up to Rs 375 crore. It 'a draft prospectus filed with the National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange Limited (BSE). The funds raised through this issue must be used in various funds of the company.
Non-communicable diseases were evaluated ICRA + AA-(stable) by ICRA and "CARE AA-'a from CARE. Leaders of the issue is Axis Bank Limited, JM Financial Consultants Private Limited and AK Capital Services Limited.
Monday, August 1
India Infoline Arm To Raise Rs 750 Cr Through Disease
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