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IIFL NCD SEPT 2013 To Close On 23/09/2013:


NCD issue of India Infoline Finance Limited will preclose on Sept 23, 2013 after it has received a good response.

Earlier it was scheduled to be closed on Oct 04, 2013.

Company might have expecting the complete subscription of issue till monday which is the last date of issue now.

Subscription figures till 20/09/2013  (5 P.M.):

Category Size – Crores Amount Subscribed – Crores. % Subscription
I 420 295.01 70.24%
II 105 104.56 99.58%
III 525 373.55 71.15%

IIFL issue was relatively bigger and it  have received relatively good response.

Another issue of HUDCO Tax Free Bonds is currently going on.For category IV individual  investors / HUFs it has been subscribed  more than 26%.Tax free bonds have received a considerable response than last year followed by good interest rates as well tightening by income tax department.


Category: Fixed Income

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