IIFCL  Ltd Tax Free Bond – Issue open 9 Dec 2013 

IIFCL is engaged in providing long term financial assistance to commercially viable infrastructure projects with overriding priority PPP projects in the country in designated sectors like

Allotment Date 22 Jan & Listing Date 24 Jan

Product Note

Issue Highlight – 
IssuerIIFCL Tax Free Bond -
Type of InstrumentSecured, Redeemable, NCD
Issue Open9 Dec 2013
Issue Close10 Jan 2014
Issue Size3000 Cr
Face ValueRs. 1,000
Min. Application Size5 Bonds (Rs.5000) & multiply of 1 Bond thereafter
Interest Annual
Mode of AllotmentD'mat & Physical Form
RatingAAA by ICRA CARE BWR
ListingBSE

Issue Structure –

OptionsSeries 1 Series 2Series 3
Tenor10 years15 years20 years
Coupon Rate %
Category - I, II, III8.41%8.48%8.66%
Category - IV (Retail)8.66%*8.73%*8.91%

 

Cheque Details-

Retail Investor  :

Bankers :   

About Issue

About the Issuer

IIFCL is engaged in providing long term financial assistance to commercially viable infrastructure projects with overriding priority PPP projects in the country in designated sectors like
• Road and bridges, railways, seaports, airports, inland waterways and other transportation projects
• Power
• Urban transport, water supply, sewage, solid waste management and other physical infrastructure in urban areas
• Gas pipelines
• Infrastructure projects in Special Economic Zones
• International convention centers and other tourism infrastructure projects;
• Cold storage chains
• Warehouses
• Fertilizer Manufacturing Industry.

Benefit to Investor

  •  The Income by way of Interest on these Bonds is fully exempt from Income Tax as per provision under section 10(15) (iv) (h) of IT act.
  • No TDS
  • Capital Gain Benefit – capital gain arising on the transfer of listed bonds shall be taxed @ 10% without Indexation or @20% with Indexation.

 

Subscription Data

Cat 1Cat 2Cat 3Cat 4Total
Issue Size45060075012003000
10 JanSubscribe474.18633.02741.631205.943054.77
No of times1.051.050.981.001.00
Unsubscribe--8.37--
9 Jan 14Subscribe449.18632.52717.401187.462986.56
No of times1.001.050.960.990.99
Unsubscribe0.82-32.6012.5413.44
8 Jan 14Subscribe435.18627.98710.081165.732938.97
No of times0.971.050.950.970.98
Unsubscribe14.82(-27.98)39.9234.2761.03
7 Jan 14Subscirbe435.18627.76682.641143.702889.28
No of times0.971.050.910.950.96
Unsubscribe14.82(-27.76)67.3656.30110.72
6 JanSubscribe435.18626.73668.331114.692844.93
No of times0.971.040.890.930.95
Unsubscribe14.82(-26.73)81.6785.31155.07
3 JanSubscribe435.18624.33650.341074.102783.95
No of times0.971.040.870.900.93
Unsubscribe14.82(-24.33)99.66125.90216.05
1 Jan 14Subsribe435.18624.33629.81037.792727.10
No of times0.971.040.840.860.91
Unsubscribe14.82(24.33)120.20162.21272.90
31 DecSubscribe435.18614621.20984.472654.85
No of times0.971.020.830.820.88
Unsubscribe14.82(-14)128.80215.53345.15
30 DecSubscribe435.18614.11617.151000.992667.43
No of Times0.971.020.830.840.89
Unsubscribe14.82132.85199.01332.57
27 DecSubscribe435.18614.00621.20984.472654.86
No of times0.971.020.830.820.88
Unsubscribe14.82(-14.00)128.80215.53345.15
24 DecSubscirbe435.18580.66617.80950.562584.20
No of times0.970.970.820.790.86
Unsubscribe14.8219.34132.20249.44415.80
23 DecSubscirbe435.18573.55613.94921.452544.12
No of times0.970.960.820.770.85
Unsubscribe14.8226.45136.06278.55455.88
20 DecSubscribe535.18562.05598.72878.302474.25
No of Times0.970.940.800.730.83
Unsubscribe14.8237.95151.28321.70525.75
19 DecSubscribe435.18537.01530.43849.112411.73
No of times0.970.900.790.710.8
Unsubscribe14.8262.99159.57350.89588.27
18 DecSubscribe435.18532.33579.73821.952369.18
No of time0.970.890.770.690.79
Unsubscribe14.8267.67170.28378.05630.82
17 DecSubscribe435.18523565.01775.362298.55
No of times0.970.870.750.650.77
Unsubscribe14.8277184.99424.64701.45
16 DecSubscribe435.18521.74553.15728.232238.30
No of times0.970.860.740.610.75
Unsubscribe14.8278.26196.85471.77761.70
13 DecSubscribe435.08505.97540.71660.832142.59
No of Times0.970.840.720.550.71
Unsubscribe14.9294.03209.29539.17857.41
12 DecSubscribe365479.94530.08602.451977.45
No of Times0.810.800.710.500.66
Unsubscribe85120.06219.92597.551022.53
11 Dec Subscribe355440.52492.46525.891813.88
No of Times0.790.730.650.430.60
Unsubscribe95178.87271.29714.111259.27
10 DecSubscribe55404.64446.25431.291337.18
No of Times0.120.670.600.360.45
UnSubscribe395195.36303.75768.711662.82
9 DecSubscribe55.40306.17380.03292.641034.24
No of Times0.120.510.510.240.34
Unsubscribe394.60293.83369.97907.341965.76

Allotment/Listing

Allotment Details

Tax Free BondIIFCL Tax Free Bond - Tranche II
Issue Open09 Dec 2013
Issue Close 10 Jan 2014
Issue RegistrarKarvy Computershare
Listing ExchangeBSE
Allotment Date22 Jan 14
Listing Date24 Jan 14
Interest Payment Date22 Jan Every Year
Face Value1000
Circular Ref. NoBSE-20140123-12
Series1 A2 A3 A1 B2 B3 B
Coupon8.41%8.48%8.66%8.66%8.73%8.91%
Period10 yr15 yr20 yr10 yr15 yr20 yr
ISIN NoINE 787H07321INE 787H07339INE 787H07347INE 787H07354INE 787H07362INE 787H07370
BSE Script 961817961818961819961820961821961822
NSE Script
Maturity22 JAN 202422 JAN 202922 JAN 203422 JAN 202422 JAN 202922 JAN 2034
Maturity Amt100010001000100010001000

 

RajendraTax Free BondsIIFCL  Ltd Tax Free Bond - Issue open 9 Dec 2013  IIFCL is engaged in providing long term financial assistance to commercially viable infrastructure projects with overriding priority PPP projects in the country in designated sectors like Allotment Date 22 Jan & Listing Date 24 Jan  Investment you need