ICFC Finance Limited Closing the Issue of "8% ICFC Finance Limited Debenture 2089" From Today
Summary
ICFC Finance Limited is closing the issue of 8% debenture 2089 today, targeting to raise Rs 50 Crore through public and private placements.
Key Points
- ICFC Finance Limited is closing the issue of 5,00,000 units of 8% debenture 2089 today (14th Falgun, 2082).
- The debenture has a 7-year maturity period and a coupon rate of 8%.
- 60% of the issue will be subscribed via private placement and the rest through public issue and mutual funds.
- So far, 18,235 applicants have applied for 15,95,569 units worth Rs. 1.59 arba according to CDSC data.
