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L&T Infrastucture Bonds 2012

L&T is coming up with Public issue of long term infrastructure bonds, in the nature of secured, redeemable, non-convertible debentures, for an amount aggregating up to Rs. 300 Crores with an option to retain an oversubscription up to the Shelf Limit

Below are the details of the Issue:

L&T BOND

ISSUE OPENS 10-Jan-12
ISSUE CLOSES 11-Feb-12
PRICE BAND Rs. 1000/-
MINIMUM APPLICATION 5 Units [Rs. 5, 000] and in multiples of 1 Bond (Rs. 1000) each thereafter.
INTEREST RATE 8.70% for 10 Years p.a and 8.70% for 10 Years Compounded annually.
RATING ICRA – AA+
CARE CARE AA+

 

 

You can Apply to this bond issue in both physical as well as dematerialized form.

Documents Required for Physical Mode

  • Self-attested copy of the PAN card
  • Self-attested copy of a cancelled cheque of the bank account to which the amounts pertaining to payment of refunds, interest and redemption, as applicable, should be credited
  • Self-attested copy of the proof of residence.

Any of the following Documents shall be considered as a verifiable proof of residence

  • Ration card issued by the GOI or
  • Electricity bill (not older than three months) or
  • Landline telephone bill (not older than three months) or
  • Valid passport issued by the GOI or
  • Voters Identity Card issued by the GOI or
  • Passbook or latest bank statement issued by a bank operating in India or

Documents for Demat Mode

  • Self-attested copy of the PAN card

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