Abstract

The case Reliance Petroleum’s TOCD issue analyzes an innovative convertible security TOCDs issued by Reliance Petroleum Limited in September 1993 to finance its grassroot refinery project at Jamnagar, Gujarat. It provides a detailed explanation of the instrument and the various options available to the investor which were evaluated on the basis of their yield to maturity. The case also provides a concept note highlighting the various methods of raising finance from public investors by an organization.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Convertible securities
• Public Issues
• Financing.

Keywords

Reliance Petroleum, TOCD, innovative convertible security, September 1993, refinery project, Jamnagar, Gujarat, instrument, options, investor, yield to maturity, finance, public investors, organization