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
| 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 |
| Options | I | II | III | IV* |
|---|---|---|---|---|
| Tenor | 3 yrs | 3 yrs | 5 yrs | 5 yrs |
| Coupon Rate % | 12.00% | 12.00% | 12.00% | 12.00% |
| Effective yield | 12.68% | 12.00% | 12.68% | 12.00% |
| Interest Frequency | Monthly | Annually | Monthly | Annually |
| Maturity Amt | 1000 | 1000 | 1000 | 1000 |
| Face Value | 1000 | 1000 | 1000 | 1000 |
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
- 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 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 | |
|---|---|---|---|---|
| Coupon | 12.00% | 12.00% | 12.00% | 12.00% |
| Period | 36 month | 60 month | 36 month | 60 month |
| ISIN No | INE 866I07578 | INE 866I07586 | INE 866I07594 | INE 866I07602 |
| BSE Script | 934911 | 934912 | 934913 | 934914 |
| NSE Script | ||||
| Maturity | 29 Sep 2016 | 29 Sep 2016 | 30 Sep 2018 | 30 Sep 2018 |
| Interest Payment | Monthly | Yearly | Monthly | Yearly |
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Enter Broker ID – IIFL22
For any query , Kindly Write to us at rajendra@puneinvest.com or Call Rajendra 7719917444
Dear Investor,
Unit: INDIA INFOLINE- NCD-III
Application No.: 60002105
Folio No / DP CLIENT ID.: 011423
Name: AMIT CHOUDHARY Amount Paid: 50000
MANA HARD COPY LI THA FAIR DP ID KYA HA ANSWR FATS MO 9979732517
If you mention DP Details then allotment done in your DP Account. If you interested in Hard copy same time don’t enter your DP Details.
Dear sir
i have applied NCD BONDS. May i know the when it is listed in NSE & BSE. (LISTING DATE)
Call your broker where you invest in this NCD. They know process to cancelled your IIFL NCD. Your broker job to serve you better. Shortly send you process to cancelled NCD.
D’mat Form : You can access Exchange Platform to But Sell.
I have applied for allotment of IIFL NCD ESCROW R on 22.09.2013. But I need the money badly and it has not been alloted so far. How I can get the refund credited to my account/ withdraw my application . I have DMAT account
I wat to purchase ncd from iindry mkt how or which are avialale
You can purchase from your share broker. You can buy sale from your d’mat account. D’mat is compulsary for Secondary Market transaction.
Please send details of NCD Secured bonds of IIF LTD. for depositing of money on monthly interest basis
Dear sir,
i don’t have De-mate account. can i sell in between.
Your Question Answer is Yes & No also.
D’mat Form : You can access Exchange Platform to But Sell.
Physical Form : You can’t access Exchange Platform. But you search any physical buyer then you transfer NCD.
Refer Prospects page No 25. under Heading : Transfer of Debt securities
The NCDs held in physical form, a suitable instrument of transfer as may be prescribed by us may be used for the same. The NCD’s held in Dematerialised form shall be transferred subject to and in accordance with the rules / procedures as prescribed by NSDL/CDSL.
Please send me the details along with application form
deatail