GMR Airports’ ₹1,500-crore mutual fund bond tranche faced a lukewarm response, securing only ₹950 crore in bids despite a 10.35% yield. Morgan Stanley stepped in to cover the shortfall after limited interest from mutual funds like HDFC and Axis.
GMR Airports’ Rs 1,500-crore bond issue to MFs comes up short
by ET Markets | August 15, 2025 8:05 am | Indian Stocks, Market, News