IndiGrid NCD issue oversubscribed nearly 10 times, to raise Rs 1,000 cr

New Delhi: Infrastructure investment trust IndiGrid’s public issue of non-convertible debt securities has been subscribed nearly 10 fold within hours of opening on Wednesday. IndiGrid’s NCDs issue base size was of Rs 100 crore with a green shoe option of additional Rs 900 crore.

Through the issue of non-convertible debt securities IndiGrid aims to raise up to Rs 1,000 crore.

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