RIL raises Rs. 3,500 crore on BSE BOND platform

Reliance Industries Limited issued bonds Rs. 3500 crore on private placement basis using BSE’s BOND platform. This marks the largest ever 10-year bond issuance on the BSE’s EBP platform. The digital platform has made fundraising from the domestic capital market a very efficient process.

“There was a robust demand for our paper with interest coming in from all segments of the market - bank treasuries, mutual funds and long-term investors like EPFO and pension funds,” said Soumyo Dutta, Group Treasurer, Reliance Industries.

Speaking on this occasion Ashishkumar Chauhan, CEO and MD BSE said, "We are delighted that Reliance Industries Limited has successfully raised Rs. 3500 crores using BSE BOND platform, a market leading platform for bond raising in India. BSE firmly believes that Indian Bond Market is experiencing a generous growth, and this surely is a testimony of Investors’ confidence.”

BSE has 61 per cent market share of the bond issuance market in India. BSE’s platform has been instrumental in helping Indian companies to raise debt capital. Since its launch in July 2016, 129 Issuers have completed 1,254 issues of bonds and raised Rs. 5,24,316 crores using BSE’s platforms.