Siddhartha Bank Opening the Issue of "SBL Debenture 2091" From Today
Sun, Jul 13, 2025 9:35 AM on Latest, Bonds & Debentures,
Siddhartha Bank Limited has issued 25,00,000 units of "SBL Debenture 2091" to the general public.
The debenture with a maturity period of 10 years and a coupon rate of 7.25% will be open for application from today, i.e., from 29th Ashadh to 32nd Ashadh, 2082. If the issue isn't fully subscribed, the deadline can be extended to Shrawan 11, 2082.
25,00,000 units will be issued at a par value of Rs. 1000 per unit. Out of the total units being issued, 60%, i.e., 15 lakh units, the total issue will be subscribed via private placement, while the remaining 10 lakh units worth Rs. 1 Arba will be open for public issue. 5%, i.e., 50,000 units, will be allocated for mutual funds. It will raise a total of Rs 2.5 Arba from the issuance.
NMB Capital Limited is the issue manager. Investors can apply for a minimum of 25 units and a maximum of 25,00,000 units.
