"12% Goodwill Finance Company Debenture 2083" open for application from Falgun 28; Interested investor can apply for a minimum of 25 units
Sun, Mar 1, 2020 8:59 AM on Bonds & Debentures, Latest,
Goodwill Finance Limited (GFCL) is issuing a total of 2.5 Lakh units of debentures at par value of Rs.1000 per unit. The issue will open from Falgun 28, 2076 to Chaitra 2, 2076. In case of under subscription, the issue will be extended till Chaitra 12, 2076.
The total value of "12% Goodwill Finance Limited Debenture 2083" is Rs.25 Crore and will provide 12% interest semi annually. The debentures will mature in 7 years i.e. 2083. Out of the total units, 100,000 units (40% of the issue) is for the general public while 150,000 units (60% of the issue) will be privately placed. Similarly, 5% of debenture issued for the general public i.e 5,000 units is reserved for Mutual Funds.
NIBL Ace Capital Limited has been appointed as the issue manager.
Interested applicants can apply for a minimum of 25 units or a maximum of 5,000 units.