India New Issue-Can Fin Homes accepts bids for bond issue, bankers say

Can Fin Homes

03/03/2025 09:50

MUMBAI, March 3 (Reuters) - India's Can Fin Homes CNFH.NS has accepted bids worth 5.4 billion rupees ($61.83 million) for bonds maturing in 1 year and 10 months, three bankers said on Monday.

It will pay an annual coupon of 8.09% and had invited bids from bankers and investors for the issue earlier in the day, they said.

The company did not reply to a Reuters email for comment.

  Here is the list of deals reported so far on March 3:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Can Fin Homes
1 year and 10 months
8.09
5.40
March 3
AAA (Icra)
LIC Housing Oct 2027 reissue
2 years and 8 months
7.74 (yield)
7
March 3
AAA (Crisil, Care)
360 One Prime
2 years
9.40
5
March 3
AA (Icra)
JSW Energy
3 years
8.75
7
March 3
AA (Icra, India Ratings)
JSW Energy
5 years
8.80
5
March 3
AA (Icra, India Ratings)
UltraTech Cement
3 years
To be decided
10
March 4
AAA (Crisil)
UltraTech Cement
5 years
To be decided
10
March 4
AAA (Crisil)

 *Size includes base plus greenshoe for some issues

($1 = 87.3330 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Shilpi Majumdar)

 ((Dharamraj.dhutia@tr.com))