L&T Finance’s non-convertible debentures on Thursday opened at a premium of Rs 29 over the issue price of Rs 1,000 after its listing on the National Stock Exchange. The financial services arm of L&T raised Rs 1,000 crore through its first-ever public offer of secured redeemable non-convertible debentures. The debentures touched Rs 1,029.90 in opening trade, up 2.9% on the NSE. Later, it rose to Rs 1,042.50. N Sivaraman, executive vice-president (financial services), L&T, said, “Each one of the instruments ? four of them in the five, seven and ten-year category ? had been subscribed to quite well. We’ve got about 60% of the subscription coming in the seven and ten-year instrument.”