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Wednesday, 19 August 2009

[12] L&T Finance NCD IPO








Dear Investor,

Greetings from wealth4u

A Golden opportunity to invest in a L&T Group Company !!!!!!

L&T Finance Ltd., has come out with an IPO of Secured Redeemable NCD for Rs.1000 Crs ( Rs.500 Crs. with an option to retain oversubscription upto Rs.500 Crs. ).

IPO opens on 18/08/09.

Tenor - 60, 88 & 120 months.

Very attractive interest rates - 10.24% for 120 months  ( against the prevailing interest rates of around 8% in the market for other instruments)

Minimum investment Rs.10,000/- & Maximum investment under retail category Rs.1 Lac.

Retail Category restricted ONLY to Individuals & HUFs.

NO TDS - whatever may be the investment amount.

CARE AA+ rating by CARE & LAA+ rating by ICRA.

Demat account is mandatory as allotment is only on electronic mode.

Allotment on "First Come First Serve" basis.

Listing in NSE - to ensure any time liquidity.

A detailed presentation is attached. 

For application forms, pl contact wealth4u.  

Do not wait for the last few days as allotment is only on "First Come First Serve" basis. Act immediately.






wealth4u

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