Manappuram to raise Rs 750 cr through retail NCD issue

Loan-against-gold firm Manappuram Finance plans to raise Rs 750 crore through its maiden retail non-convertible debenture issue to fund its growth plans. The issue may be launched in July with a tentative coupon size of 11-12%.

June 14, 2011 / 13:32 IST

Saikat Das
Moneycontrol.com

Loan-against-gold firm Manappuram Finance plans to raise Rs 750 crore through its maiden retail non-convertible debenture issue to fund its growth plans. The issue may be launched in July with a tentative coupon size of 11-12%.

first published: Jun 14, 2011 10:28 am

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Manappuram to raise Rs 750 cr through retail NCD issue

Loan-against-gold firm Manappuram Finance plans to raise Rs 750 crore through its maiden retail non-convertible debenture issue to fund its growth plans. The issue may be launched in July with a tentative coupon size of 11-12%.

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