IIFCL  Ltd Tranche III  Tax Free Bond – Issue open 17 Feb 2014 

IIFCL (India Infrastrcuture Finance Company Limited) 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

 

Product Note

Issue Highlight – 
IssuerIndia Infrastructure Finance Co Ltd - IIFCL
Type of InstrumentSecured, Redeemable, NCD
Issue Open17 Feb 2014
Issue Close14 Mar 2014 ***
Issue SizeRs. 750 Cr - Retain oversubscription upto 2823.79 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
ListingBSE & NSE

Issue Structure –

10 Years15 Years20 Years
For Category I,II, III
Coupon Rate %8.16%8.55%8.55%
Category IV ( Retails)
Coupon Rate %8.41%8.80%8.80%

 Cheque Details- 

Retail Investor  :    ” IIFCL Tax Free Bonds Escrow Account – Public Issue”

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

IIFCL Tax Free Bond – Tranche III – Subscription details Daily update

Cat ICat IICat IIICat IVTotal
Issue Size423.57564.76705.951129.522823.80
Issue Closed
18 MarSubscribe111.02430.12474.67579.031594.83
No of times0.260.760.670.510.56
Unsubscribe312.56134.64231.28550.491228.97
14 MarSubscribe86.00239.90382.03520.101228.03
No of times0.200.420.540.460.43
Unsubscribe337.57324.86323.92609.421595.77
13 MarSubscribe36.00177.90274.71496.01984.62
No of times0.080.310.390.440.35
Unsubscribe387.57386.86431.24633.511839.19
12 MarSubscribe36.00177.90269.39477.06960.34
No of times0.080.310.380.420.34
Unsubscribe387.57386.86436.56652.461863.46
11 MarSubscribe36.00171.10266.99465.20939.28
No of times0.080.300.380.410.33
Unsubscribe387.57393.66438.96664.321884.51
10 MarSubscribe36161.10264.62452.85914.57
No of times0.080.290.370.400.32
Subscribe387.57403.66441.33676.671909.23
7 MarSubscribe36.00160.54264.02437.35897.91
No of times0.080.280.370.390.32
Unsubscribe387.57404.22441.93692.171925.89
6 MarSubscribe36.00156.54263.32428.90884.76
No of times0.080.280.370.380.31
Unsubscribe387.57408.22442.63700.621939.04
5 MarSubscribe36.00143.71260.07417.14856.92
No of times0.090.250.370.370.30
Unsubscribe387.57421.05445.88712.381966.88
4 MarSubscribe36.00152.04257.83410.39856.27
No of times0.080.270.370.360.30
Unsubscribe387.57412.72448.12719.131967.53
3 MarSubscribe36.00151.64257.68401.55846.88
No of times0.080.270.370.360.30
Unsubscribe387.57413.12448.27727.971976.92
28 FebSubscribe36.00150.80255.33386.63828.76
No of times0.080.270.360.340.29
Unsubscribe387.57413.96450.62742.891995.04
26 FebSubscribe36.00145.19250.73364.96796.89
No of times0.080.260.350.320.28
Unsubscribe387.57419.57455.22764.562026.91
25 FebSubscribe36.00140.02247.23345.06768.31
No of times0.080.240.350.310.27
Unsubscribe387.57424.74458.72784.462055.48
24 FebSubscribe36.00135.53236.83318.10726.47
No of times0.080.240.330.280.26
Unsubscribe387.57429.23469.12811.422097.33
21 FebSubscribe35133.24214.91271.02654.18
No of times0.080.240.300.240.23
Unsubscribe388.57431.52491.04858.502169.62
20 FebSubscribe35.00125.04202.44231.45593.93
No of times0.080.220.280.200.21
Unsubscribe388.57439.72503.51898.072229.87
19 FebSubscribe3572.71180.81167.55456.07
No of times0.080.130.260.150.16
Unsubscribe388.57492.06525.14961.972367.76
18 FebSubscribe35.0072.06166.96139.52413.53
No of times0.080.130.230.120.15
Unsubscribe388.57492.71538.99990.002410.27
17 FebSubscribe3560.44119.8172.06287.31
No of times0.080.110.170.060.10
Unsubscribe388.57504.33586.141057.462536.49

Allotment/Listing

IIFCL Tax Free Bond Tranche III Allotment Details (data update after allotment date)

Tax Free BondIndia Infrastructure Finance Company Ltd - IIFCL
Issue Open17 Feb 2014
Issue Close 14 Mar 2014
Issue Registrar
Listing ExchangeBSE
Allotment Date
Listing Date
Interest Payment Date
Face Value1000
Circular Ref. NoBSE -
Series
Coupon8.16%8.55%8.55%8.41%8.80%8.80%
Period10 yr15 yr20 yr10 yr15 yr20 yr
ISIN No
BSE Script
NSE Script
Maturity
Maturity Amt100010001000100010001000