The issue will open for subscription on December 12 and close on December 20.
The funds raised through this issue will be used for the financing activities including lending and investments and repayment of existing loans, and business operations including capital expenditure and working capital requirements.
Investors can apply for the issue with a minimum application for 10 NCDs and in multiples of 1 NCD therafter.
The company is mainly engaged in the business of providing housing loans and loans against property. CARE and CRISIL rated the issue as AA-.
The NCDs offered are proposed to be listed on the NSE and BSE.
Axis Capital Limited, India Infoline Limited, Trust Investment Advisors Private Limited and Edelweiss Financial Services Limited are the lead managers. RR Investors Capital Services (P) Limited, Karvy Investor Services Limited and SMC Capitals Limited are the co-lead managers to the issue.
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