"9.5% Manjushree Finance Limited Debenture, 2085" to Open From Magh 18

Fri, Jan 22, 2021 12:59 PM on Latest, Bonds & Debentures,

"9.5% Manjushree Finance Limited Debenture, 2085" will open for application from Magh 18.

The debenture titled "9.5% Manjushree Finance Limited Debenture, 2085" has a coupon rate of 9.5%. The coupon rate is simply the annual payment made by the issuer of the bond to the investors.

A total of 5 lakh units are registered. 2 lakh units will be opened for the public issue and 3 lakh units will be subscribed via private placement. 5% of the public issue is reserved for mutual funds. Rs. 1000 is the par value. Meanwhile, NIBL Ace Capital has been appointed the issue manager. Investors can apply for a minimum of 25 units or a maximum of the entirety of the issue.

The early closing date of the issue is on Magh 21. If the issue is not fully subscribed by then, the deadline can be extended to Falgun 02, 2077.

Offer Letter