IIFCL tax free bond issue to raised 500 Cr. will open for subscription on September 17, 2013 till October 14 2013.  The core issue size will be 500 Cr with an option to retain of up to Rs. 2500 Cr.

Product Note

Issue Highlight -Tranche 1 
IssuerIndia Infrastructure Finance Co. Ltd (IIFCL) Tranche-1
Type of InstrumentSecured, Redeemable, NCD
Issue Open03 Oct., 2013
Issue Close31 Oct., 2013 (with option of early closure or extension)
Issue Size500 Cr. with an option to retain oversubscription of 2500. Cr.
Face ValueRs. 1,000
Min. Application Size5 Bonds (Rs.5000) & multiply of 1 Bond thereafter (across all series bonds)
Interest Annually
Mode of AllotmentD'mat as well as Physical Form
RatingICRA AAA by ICRA , BWR AAA by BWR, CARE AAA by CARE
ListingBSE

Issue Structure –

OptionsSeries 1B Series 2BSeries 3B
Tenor10 years15 years20 years
Coupon Rate %
Category - IV (Retail)8.26%8.63%8.75%

Cheque Details-  

Retail Investor                  : ” IIFCL Tax Free BondS Escrow account – Public Issue Tranche-I “
Note :   Application will be rejected if banked without uploading in the electronic system of the recognized stock exchange. (Bidding process)

Bankers :  Axis Bank, Kotak Bank , HDFC Bank, IDBI Bank, ICICI Bank, IndusInd Bank , SBI ,  PNB, Yes Bank

Listing

IIFCL Tax Free Bond Tranche I – Allotment Details  e.g. ISIN No. Script Code Interest Payment Date, Maturity Date 

Tax Free Bond 2013-14India Infrastructure Finance Co Ltd
Issue Open3 Oct 2013
Issue Close 31 Oct 2013
Issue RegistrarKarvy Computershare
Listing ExchangeBSE
Allotment Date12 Nov 2013
Listing Date14 Nov, 2013
Interest Payment Date12 Nov - Every Year
Face Value1000
Circular Ref. No BSE - 20131113-12
Series 1ASeries 1BSeries 2ASeries 2BSeries 3ASeries 3B
Coupon8.01%8.26%8.38%8.63%8.50%8.75%
Period10 Years10 Years15 Years15 Years20 Years20 Years
ISIN NoINE 787H07263 INE 787H07271 INE 787H07289 INE 787H07297 INE 787H07305 INE 787H07313
BSE Script 961793961794961795961796961797961798
NSE Script
Maturity12 Nov 202312 Nov 202312 Nov 202812 Nov 202812 Nov 203312 Nov 2033

Trustee for Bondholders :  IL&FS  Trust Company Limited

Depositories :  NSDL & CDSL

 

Application Form & Investment Call : Rajendra 800 775 0904

Contact Us

rajendra@puneinvest.com

Mobile 7719917444