The total amount the issuer plans to raise through the NCD issue, including the option to retain additional funds if investor demand exceeds the base issue size
Issue Size (Oversubscription)/Green Shoe Option refers to the total value of Non-Convertible Debentures (NCDs) proposed to be raised by the issuer, along with the option to retain additional subscription beyond the base issue size in case of oversubscription.
The base issue size is the minimum amount the company plans to raise, while the Green Shoe Option (also known as the oversubscription option) allows the company to accept additional subscriptions up to a specified limit, thereby increasing the total issue size.
This mechanism helps the issuer meet higher investor demand without launching a separate issue.
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