L&T Finance Limited’s Debenture Issue listed on the NSE yesterday and as expected and mentioned in my article of 19th August 2009 listed at a premium which varied between 4 and 4.5 %.
Very rarely does one look for listing gains in a debenture issue but this issue was very well received. In early trading today the debentures of Rs 1000 face value had made a high of Rs 1055.
Dear Arun,You were the only one who had said well in advance that issue will quote at a premium.And this has happened!!And premium over issue price is still being maintained.So now all the Investors in Debts/Fixed Income category can safely follow you to make good and safe returns.Keep up with your strong efforts.