iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

IREDA will issue 10-year bonds today and raise up to Rs 1,000 crore

10 Oct 2023 , 02:13 PM

According to news reports, the Indian Renewable Energy Development Agency intends to raise up to Rs 1000 crore from floating notes expiring in 120 months.

On October 10, between the hours of 11 a.m. and 12 p.m., bids for these bonds were accepted on the BSE’s electronic bidding system. ICRA and India Ratings have classified the bonds as having a ‘AAA’ rating and a ‘stable’ outlook.

The bonds must be paid in by October 12th. The exchange of bonds and funds between the issuer and the investors occurs on the pay-in date.

Bond sales were conducted on October 9 by Chaitanya India Fin Credit Pvt Ltd and Manba Finance. Together, the businesses raised Rs 75 crore.

Bonds with a three-year maturity raised Rs 25 crore for Chaitanya India Fin Credit Pvt Ltd, and two-year notes raised Rs 50 crore for Manba Finance.

For feedback and suggestions, write to us at editorial@iifl.com

Indian Renewable Energy Development Agency - Wikipedia

Related Tags

  • bonds
  • debt
  • IREDA
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Most Read News

SBI Card Q4 Profit Slips 20%
25 Apr 2025|11:17 PM
HUL Q4 Net Profit Rises to ₹2,493 Crore
25 Apr 2025|10:59 PM
Sensex and Nifty in Red on April 25, 2025
25 Apr 2025|02:08 PM
Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.