Today is a historic day and I feel very happy that we could finally give the Retail Investors (retired citizens, salaried individuals, small and medium business owners) an opportunity to participate in the Nation-Building activity. The minimum investment slab is just Rs 10,000/-.
The listing of InvIT NCDs on Bombay Stock Exchange is historic as it marks the new dawn for People's Participation (Jan-Bhagidaari) in Infra Funding. We have reserved 25% of NCDs for Retail Investors.
The round 2 of InvIT has been oversubscribed almost 7 times in just 7 hours of its opening. It offers an effective yield of 8.05% per annum with highest credibility.
InvIT Bonds are a great opportunity to realize PM Shri Narendra Modi Ji's vision of #AatmanirbharBharat. Huge investments in infrastructure especially roads, are crucial to the socio-economic development of our country...
...& I'm confident that more retail investors will take part in next rounds and gradually overtake institutional investors.
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