The issue has seen healthy demand in the Retail category of investors with a total collection of Rs 807.83 crore. The issue also saw good interest from its existing NCD investors.
Overall, this Tranche I Issue has seen interest from investors across series and tenures offering annual, monthly, and cumulative interest option.
Highlights of the issue: - Base Issue oversubscribed by 4.04 times with a total collection of Rs 807.83 crore - Retail category oversubscribed by 2.44 times (of the Base Issue Size) with a total collection of Rs 146.22 crore - Almost 42% of the total issue size got subscribed for 3 year & 5 year tenure, as investors seek to subscribe for long term -Most of the monies have been raised at an effective annual yield of 8.35%