DHFL issue gets Rs 12,000 crore on day 1
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MUMBAI: Dewan Housing Finance’s Rs 12,000-crore NCD issue grossed over Rs 10,200 crore on Day 1 of the offering. The QIB portion was oversubscribed 2.37 times while retail and HNI investors pored in Rs 2,800 crore.
DHFL can raise Rs 12,000 crore with a base size of Rs 3,000 crore and an option to retain oversubscription of up to Rs 9,000 crore.
The bond issue opened for subscription on May 22 and is scheduled to close on June 4, with an option of early closure or extension as decided by the board of directors of the company.
DHFL can raise Rs 12,000 crore with a base size of Rs 3,000 crore and an option to retain oversubscription of up to Rs 9,000 crore.
The bond issue opened for subscription on May 22 and is scheduled to close on June 4, with an option of early closure or extension as decided by the board of directors of the company.