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.
