MUMBAI: InCred Financial Services plans to boost at the very least Rs 175 crore via a public challenge of non-convertible debentures, in accordance with a product notice.
The difficulty will open for subscription subsequent Monday and shut on January 27. The difficulty additionally has a greenshoe choice to retain an oversubscription of as much as Rs 175 crore.
The corporate is providing bonds maturing in 27 months, and 39 months at an annual coupon of 9.80% and 10.00%, respectively, for buyers.
is the lead supervisor for the bond issue, rated A+ by .
