iiflncd India Infoline Finance Limited (“Company” or “Issuer”), an NBFC subsidiary of India Infoline Limited, will launch a Public Issue of Secured Redeemable Non-Convertible Debentures (NCD)of face value of Rs 1,000 each (“NCDs”) aggregating up to Rs 5,25 Cr (“Base Issue Size”), with an option to retain over subscription up to Rs 5,25 Cr., aggregating to a total upto Rs 10,50 Cr. (the “Over all Issue Size”), on September 17, 2013.

Issue Close on Monday 23 Sep 2013

Product Note

Issue Highlights
IssuerIndia Infoline Finance Ltd
Type of InstrumentSecured, Redeemable, NCD
Issue Open17 Sep, 2013
Issue Close04 Oct, 2013
Issue SizeRs 75 Cr with an option to retain over-subscription upto Rs 75 Cr aggregating to Rs. 150 Cr
Face ValueRs. 1,000
Min. Application Size5 NCD (Rs.5000) & multiply of 1 NCD thereafter
Interest Annual & maturity
Mode of AllotmentD'mat & Physical Form
RatingAA by CARE, BWR AA by BRICKWORK
ListingBSE , NSE
Specific Term of Issue
OptionsIIIIIIIV*
Tenor3 yrs3 yrs5 yrs5 yrs
Coupon Rate %12.00%12.00%12.00%12.00%
Effective yield12.68%12.00%12.68%12.00%
Interest FrequencyMonthlyAnnuallyMonthlyAnnually
Maturity Amt1000100010001000
Face Value1000100010001000

 Cheque Details :

Cheque / DD should be drawn in favour of  ” IIFL – NCD Escrow – R “ by all applicant

 Banker :

 Axis Bank, ICICI Bank , HDFC Bank, IndusInd Bank , IDBI Bank

About Issue

About Company India Infoline Finance Ltd an Non Banking Finance Company (NBFC) subsidiary of India Infoline Ltd. It is a non deposit taking NBFC.  Company is undertaking mortgage loan, gold loan & capital market finance (loan against shares , margin funding)

  • Mortgage Loans accounted for 41.17% of Loan Bank.
  • Capital Market Finance accounted for 13.52% of  Loan Bank.
  • Gold Loans accounted for 41.23% of Loan Bank.
  • Vehicle finance is a recent product which has been introduced in FY 2013 & accounted 0.79% of Loan Bank.

 

Allotment Listing

NCD Listing Details:

NCD 2013-14India Infoline Finance Ltd
Issue Open17 Sep 2013
Issue Close 23 Sep 2013
Issue RegistrarLink Intime Pvt Ltd
Listing ExchangeBSE
Allotment Date30 Sep 2013
Listing Date08 Oct, 2013
Interest Payment Date1 April - Every Year for Annual & Monthly payment 1st day of month
Face Value1000
Circular Ref. No BSE - 20131004-7
Series 1Series 2Series 3Series 4
Coupon12.00%12.00%12.00%12.00%
Period36 month60 month36 month60 month
ISIN NoINE 866I07578 INE 866I07586INE 866I07594INE 866I07602
BSE Script 934911934912934913934914
NSE Script
Maturity29 Sep 201629 Sep 201630 Sep 201830 Sep 2018
Interest PaymentMonthlyYearlyMonthlyYearly

 

 

[/wptabcontent]

Download

Enter Broker ID –  IIFL22

Application Form Link

 

Brokerage Structure for Issue 

 For any query , Kindly Write to us at rajendra@puneinvest.com or  Call Rajendra 7719917444