L&T Finance Raises ₹200 Cr via Private Placement NCDs
By ThePip Desk
L&T Finance successfully raised ₹200 crore through the private placement of 200 subordinated, unsecured NCDs with a 3653-day tenor and an 8.20% coupon rate.
L&T Finance successfully raised ₹200 crore on August 13, 2026, through the allotment of non-convertible debentures (NCDs) via a private placement to identified investors.
This issuance involved 200 subordinated, unsecured, rated, listed, and redeemable NCDs, each with a face value of ₹1,00,00,000.
Issuance Snapshot
- Funds Secured: ₹200 crore
- Number of Debentures: 200
- Face Value: ₹1,00,00,000 per NCD
- Tenor: 3653 days
- Annual Coupon Rate: 8.20%
- Allotment Date: August 13, 2026
The private placement route enables L&T Finance to efficiently secure capital from a select group of institutional or high-net-worth investors. This method is often preferred for its streamlined process compared to public offerings.
As a leading Non-Banking Financial Company (NBFC) in India, L&T Finance, formerly known as L&T Finance Holdings, plays a critical role in the country’s financial ecosystem. It focuses on catering to the diverse financing needs of both served and underserved customer segments across various lending businesses.
The company’s strong presence in the lending business supports a broad range of customer requirements. Such fundraising activities are fundamental for NBFCs to maintain liquidity and fuel their operational expansion.
This capital infusion is expected to bolster L&T Finance’s financial position, supporting its ongoing lending operations and strategic growth initiatives within the dynamic Indian market.