L&T Finance Limited
ABOUT THE ISSUER
L&T Finance Limited provides various financial products and services in India. It operates through Rural Business, Housing Business, Wholesale Business, and Defocused Business segments. The Rural Business segment offers farm equipment, micro finance, and two wheeler finance products. The Housing Business segment provides property loans and real estate finance products. The Wholesale Business segment offers infrastructure finance products, structured corporate loans, and supply chain finance products. The Defocused Business segment provides commercial vehicle finance products, construction equipment finance products, SME term loans, and leases.
ISSUE DETAILS
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Issue Size: Rs.500 Crs
Base Issue size Rs.500 Crore with an option to retain oversubscription up to Rs.1,000 Crore aggregating upto Rs.1,500 Crore
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“AAA (stable)”
Rated by ICRA and CARE
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Minimum Application Size: Rs.10,000
or 10 NCDs with Face Value of Rs.1000 each
COUPON RATE
STEPS
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Step 1
Log in to your AxisDirect account
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Step 2
Under Trading tab, click on IPO/OFS section
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Step 3
Click on “Current IPO/FD/OFS” tab
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Step 4
Select 'L&T Finance Limited' & “apply”