India New Issue-Aditya Birla Housing to issue 3-year bonds, bankers say

Grasim Industries

17/09/2025 05:20

MUMBAI, Sept 17 (Reuters) - India's Aditya Birla Housing Finance plans to raise 5 billion rupees ($56.92 million), including  a greenshoe option of 1 billion rupees, through the sale of bonds maturing in three years, three bankers said on Wednesday.

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

The company did not immediately reply 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
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 = 87.8400 Indian rupees)

 (Reporting by Khushi Malhotra and Dharamraj Dhutia; Editing by Nivedita Bhattacharjee)

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