National Housing Bank (NHB) has made a Rs. 3,750 crore ($ 684 million) public issue of secured redeemable non-convertible tax free bonds..Dhir & Dhir Associates acted as the sole legal advisor to the transaction with a team led by Managing Partner Alok Dhir, Partner Jay Cheema and Principal Associate Girish Rawat..The lead managers to the issue were Kotak Investment Banking, Axis Capital Limited, ICICI Securities Limited and SBI Capital Market Limited..According to Business Line, NHB mobilised Rs. 644 crore ($ 117 million) from the issue of which Rs. 198 crore ($ 36 million) came from retail individual investors..Picture taken from here
National Housing Bank (NHB) has made a Rs. 3,750 crore ($ 684 million) public issue of secured redeemable non-convertible tax free bonds..Dhir & Dhir Associates acted as the sole legal advisor to the transaction with a team led by Managing Partner Alok Dhir, Partner Jay Cheema and Principal Associate Girish Rawat..The lead managers to the issue were Kotak Investment Banking, Axis Capital Limited, ICICI Securities Limited and SBI Capital Market Limited..According to Business Line, NHB mobilised Rs. 644 crore ($ 117 million) from the issue of which Rs. 198 crore ($ 36 million) came from retail individual investors..Picture taken from here