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India New Issue-RJ Corp accepts bids for bond issues, bankers say

By Reuters News09:32 (UTC), 24 September 2026 Updated

MUMBAI, Sept 24 (Reuters) - India's RJ Corp has accepted bids worth 10.1 billion rupees ($105.54 million) through the sale of dual tranches of three-year bonds each, three merchant bankers said on Thursday.

The company raised 3.75 billion rupees through the first tranche at 8.10%, and 6.35 billion rupees through its second tranche at 8.20%.

The issuer had invited commitment bids on Wednesday and did not reply to a Reuters email seeking comment.

Here is the list of deals reported so far on September 24:

Issuer	Tenure	Coupon (in %)	Issue size (in bln rupees)*	Bidding date	Rating
RJ Corp	3 years	8.10	3.75	September 23	AAA (Crisil)
RJ Corp	3 years	8.20	6.35	September 23	AAA (Crisil)
Embassy Office Parks REIT	3 years	floating	10	September 23	AAA (Crisil, Care)

* Size includes base plus greenshoe for some issues

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