Profit

L&T Infra to raise Rs 700 cr via IPO

PUBLISHED ON: October 14, 2010 | Duration: 2 min, 14 sec

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After IDFC & IFCI, L&T Infra is the latest one to come out with an issue. The company plans to raise up to Rs 700 crore through these bonds, which come with a maturity of 10 years and an exit option to investors at the end of five and seven years.
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