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
|Issuer||India Infoline Finance Ltd|
|Type of Instrument||Secured, Redeemable, NCD|
|Issue Open||17 Sep, 2013|
|Issue Close||04 Oct, 2013|
|Issue Size||Rs 75 Cr with an option to retain over-subscription upto Rs 75 Cr aggregating to Rs. 150 Cr|
|Face Value||Rs. 1,000|
|Min. Application Size||5 NCD (Rs.5000) & multiply of 1 NCD thereafter|
|Interest||Annual & maturity|
|Mode of Allotment||D'mat & Physical Form|
|Rating||AA by CARE, BWR AA by BRICKWORK|
|Listing||BSE , NSE|
|Tenor||3 yrs||3 yrs||5 yrs||5 yrs|
|Coupon Rate %||12.00%||12.00%||12.00%||12.00%|
Cheque Details :
Cheque / DD should be drawn in favour of ” IIFL – NCD Escrow – R “ by all applicant
Axis Bank, ICICI Bank , HDFC Bank, IndusInd Bank , IDBI Bank
- 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.
NCD 2013-14 India Infoline Finance Ltd Issue Open 17 Sep 2013 Issue Close 23 Sep 2013 Issue Registrar Link Intime Pvt Ltd Listing Exchange BSE Allotment Date 30 Sep 2013 Listing Date 08 Oct, 2013 Interest Payment Date 1 April - Every Year for Annual & Monthly payment 1st day of month Face Value 1000 Circular Ref. No BSE - 20131004-7
|Series 1||Series 2||Series 3||Series 4|
|Period||36 month||60 month||36 month||60 month|
|ISIN No||INE 866I07578||INE 866I07586||INE 866I07594||INE 866I07602|
|Maturity||29 Sep 2016||29 Sep 2016||30 Sep 2018||30 Sep 2018|