Himalayan Bank to float 10% Himalayan bank ltd debenture 2083 from 04 Shrawan to 06 Shrawan. If issue is not subscribed within 4 days than, it will be remains open till 31 Shrawan 2076.
The bank will be floating 30 lakh units of debentures at the rate of Rs. 1000 worth Rs. 3 arba. Out of total issue the company allocated 40% or 12 lakh units for general and rest 18 lakh units for private placement.
Its maturity period is 7 years and will be provided 10% interest p.a.
Interested applicants can apply for minimum 25 units and more.
Laxmi Capital Market Limited has been appointed as issue manager.
Interested applicants apply through all the C-ASBA approved Banks & financial institutions.
Its paid up capital stands at 8.51 arba after bonus share.
Read: Benefit of apply debentures?
