India New Issue-Godrej Industries to issue over 5-year bonds, bankers say

Godrej Industries

17/09/2025 06:08

MUMBAI, Sept 17 (Reuters) - India's Godrej Industries GODI.NS plans to raise as much as 8 billion rupees ($91.13 million), which includes a greenshoe option of 2.5 billion rupees, through the sale of bonds maturing in five years and five months, three bankers said on Wednesday.

It has invited coupon and commitment bids for the issue on Thursday, they said.

The company did not immediately respond to a Reuters email seeking comment.

 Here is the list of deals reported so far on September 17:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Godrej Industries
5 years and 5 months
To be decided
5.5+2.5
September 18
AA+ (Crisil)
NIIF Infrastructure Finance
5 years and 2 months
To be decided
2+4
September 18
AAA (Icra)
Aditya Birla Housing Finance
3 years
To be decided
4+1
September 18
AAA (Crisil)
TVS Credit Services
3 years
To be decided
5+2
September 18
AA+ (Crisil)
Nuvoco Vistas Corp
3 years
7.70
6
September 17
AA (Crisil)
Numaligarh Refinery
10 years
To be decided
10+40
September 22
AAA (Crisil, India Ratings)

  * Size includes base plus greenshoe for some issues

($1 = 87.7830 Indian rupees)

 (Reporting by Dharamraj Dhutia, Khushi Malhotra; Editing by Janane Venkatraman)

 ((Dharamraj.dhutia@tr.com, Khushi.malhotra@tr.com))