Public Issue of "8% Shine Resunga Debenture" Closing From Today
Sun, Jul 20, 2025 9:30 AM on Latest, Bonds & Debentures,
Shine Resunga Development Bank Limited is closing the issue of 10,00,000 units of "8% Shine Resunga Debenture" to the general public and institutions from today, i.e., 4th Shrawan, 2082.
The debenture, which has a 10-year maturity period and a coupon rate of 8%, was open for application on the 32nd Ashadh, 2082.
6,00,000 units will be issued at a par value of Rs. 1000 per unit. Out of the total units being issued, 60%, i.e., 6 lakh units, the total issue will be subscribed via private placement, while the remaining 4 lakh units worth Rs. 40 crores will be open for public issue. 5%, i.e., 20,000 units, will be allocated to mutual funds. It will raise a total of Rs 1 Arba from the issuance.
According to CDSC, 3,830 applicants have applied for 4,12,815 units worth Rs. 41.28 Crores so far. This data is as of yesterday.
NIMB Ace Capital Limited is the issue manager. Investors can apply for a minimum of 25 units and a maximum of 5,00,000 units.
