Jawaharlal Nehru Port Trust (JNPT), will open its public issue of tax-free bonds in secured redeemable non-convertible debentures of Rs 1,000 face value, aggregating up to Rs 500 crore. The issue will open on March 11 and close on March 15. The bonds are proposed to be listed on the NSE and BSE, with NSE being the designated stock exchange for the issue.
The issue has been rated CRISIL AAA/ Stable by CRISIL and BWR AAA by Brickwork. Kotak Mahindra Capital Company Ltd, ICICI Securities Ltd and SBI Capital Markets Ltd are the lead managers to the issue which is open to qualified institutional buyers (QIBs), domestic corporates, high net worth Individuals (HNIs) and retail individuals investors.
The issue has been rated CRISIL AAA/ Stable by CRISIL and BWR AAA by Brickwork. Kotak Mahindra Capital Company Ltd, ICICI Securities Ltd and SBI Capital Markets Ltd are the lead managers to the issue which is open to qualified institutional buyers (QIBs), domestic corporates, high net worth Individuals (HNIs) and retail individuals investors.