This entry is part 7 of 9 in the series Tax Free Bond -2015-16

IREDA  Tax Free Bond – IREDA will open its public issue of tax free, secured, redeemable,non convertible bonds of face value of Rs. 1,000 each, in the nature of debentures, having tax benefit under section 10 (15)(iv)(h) of Income Tax Act, 1961, an amended for a amount of Rs. 1,000 crores with an option to retain over subscription upto Rs. 716 Crores aggregating upto a total  of Rs. 1,716 crores.   Issue open as on 8 Jan 2016 for subscription. (Early close 11 Jan 2016)

Product Note

IREireda_logoDA Tax Free Bond Issue Highlight –

 

IssuerIREDA Tax Free Bond Tranche 1
Type of InstrumentSecured, Redeemable, NCD
Issue Open8 Jan 2016
Issue Close22 Jan 2016 **
Issue Size1,716 Cr
Face ValueRs. 1,000
Min. Application Size5 Bonds (Rs.5000) & multiply of 1 Bond thereafter
Interest Annual
Mode of AllotmentD'mat & Physical Form
RatingAA+ by ICRA
ListingBSE
  • Allotment will be on ” First Come First Serve basis.
  • Retail Individual Investors can invest upto Rs. 10,00,000  (Ten Lakhs) across all series of bonds in this issue
  • Per PAN only Application acceptable otherwise your all money refund
  • Applicant must use only CTS compliant instruments and refrain from using NON-CTS 2010 instruments for payment of the Application Amount.
  • *** option for early closer (If Issue Subscribe fully then Issue close one day notice)

IREDA Tax Free Bond Interest Rate Chart

10 Years15 Years20 Years
For Category I,II, III
Series 1 ASeries 2 ASeries 3 A
Coupon Rate %7.28%7.49%7.43%
Category IV ( Retails)
Series 1 BSeries 2BSeries 3 B
Coupon Rate %7.53%7.74%7.68%
Interest PaymentAnnualAnnualAnnual

Cheque Details

Retail Investor :  “ Escrow Account – IREDA Public Issue II “

Who can Apply

Category I  :  Public Financial Institutions, Scheduled Comm Bank,  PF, PPF, Insurance Company, Mutual Fund etc

Category II -Corporates  :  Companies, Statutory Bodies/corporations, Co-operative Banks, Societies, Trusts, Regional Bank, LLP, Partnership Firms

Category III – HNIs :  The following investors applying for an amount aggregating to above Rs. 10 lakhs across all Series of Bonds in the Issue; 

  • Resident Indian individuals ; and
  • Hindu Undivided Families through the Karta.

Category IV – Retail Individual Investor : The following investors applying for an amount aggregating to up to and including Rs. 10 lakhs across all Series of Bonds in the Issue; 

  • Resident Indian individuals ; and
  • Hindu Undivided Families through the Karta.

 

  Note :   Application will be rejected if banked without uploading in the electronic system of the recognized stock exchange. (Bidding process)

About Issue

About the Issuer -IREDA Bonds

Indian Renewable Energy Development Agency Limited (IREDA) was incorporated on March 11, 1987 as a public limited company under the Companies Act, 1956 and was set up by the Government of India (GoI) under the administrative control of Ministry of New and Renewable Energy (MNRE), GoI to promote, develop and extend financial assistance for renewable energy and energy efficiency projects.

IREDA is non-banking financial institution registered with RBI under the RBI Act, 1934 engaged in extending financing services to projects and schemes related to renewable energy and energy efficiency.

The Company enters into memorandum of understanding with the MNRE on annual basis (“MoU”). Pursuant to the MoU, the annual targets are set with respect to loan sanctions, disbursements, profitability and other dynamic parameters. For the Fiscal year 2013 and 2014, the actual achievement of Company vis-a-vis the targets set out in the MoU were rated as ‘Very Good’ and “Excellent” respectively , by the Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, GoI.

IREDA provides financial assistance to the following renewable and energy efficiency projects:

  • Wind Power
  • Hydro Power
  • Biomass Power Co-generation
  • Energy Efficiency & Conservation
  • Soar Energy
  • Waste to Energy & Miscellaneous

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For six month period ended September 30, 2015 and the Fiscal 2015, 2014 and 2013, company’s profits after interest but before tax was Rs. 202.42 crore and Rs. 378.58 crore, Rs. 340.30 crore, Rs. 250.58 crore, respectively, and profits after tax was Rs. 148.05 crore and Rs. 271.91 crore, Rs. 240.51 crore, Rs. 202.65 crore, respectively.

IREDA’s outstanding loan portfolio has grown at a CAGR of 15.52% from Rs. 6,674.90 crores as of March 31, 2013 to Rs. 8,908.22 crores as of March 31, 2015. Similarly, profit after tax has grown at a CAGR of 15.84% over a period of three years from Rs. 202.65 crores for Fiscal 2013 to Rs. 271.91 crores for Fiscal 2015.

IREDA’s gross NPA was 5.92%, 5.34%, 4.18% and 3.86% and net NPA was 3.52%, 3.84 %, 2.46 %, and 0.93 % as at September 30, 2015, March 31, 2015, 2014 and 2013 respectively.

Under the categorisation of Public Sector Enterprises, Company was upgraded from ‘Schedule C’ to ‘Schedule B‘ by the Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, Government of India with effect from Jan., 4 2010.

IREDEA Website Link

  

Subscription Data

IREDA Tax Free Bond Subscription Data

Cat ICat IICat IIICat IVTotal
Issue Size343.20 Cr343.20 Cr343.20 Cr686.4 Cr1,716 Cr
8 Jan 2016Subscribe10 Cr655.50 Cr398.93 Cr839.41 Cr1903.83
No of times0.031.911.161.221.11
UnSubscribe333.20Subscribe FullySubscribe FullySubscribe FullySubscribe Fully

Retail Portion Fully Subscribe. If you invest  1 lakhs your allotment my be 81000 Approximate as per first day data. If you Apply Monday you are not received any allotment (First come First Serve Basis).

 

Taxation

 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 Income Tax  Act.
  • No TDS  (Interest from Bond do not form part of Total Income)
  • Capital Gain Benefit – Capital gain arising on the transfer of listed bonds shall be taxed @ 10% without Indexation or @ 20% with Indexation.
  • Short Term Capital Gain  on the transfer of listed bonds, where bonds are held for a period of not more than 12 months would be taxed at normal rates of tax in accordance with and subject to the Provision of the I.T. Act.

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Application Form

Application Form for SBI Capital  – Application Form Download 

AddressCityState
SBICAP SECURITIES LTD., C/O SBI MAIN BRANCH, CHHIPITOLA, AGRA - 282001, UTTAR PRADESH.AGRAUTTAR PRADESH
SBICAP SECURITIES LTD., 2nd FLOOR, "NIRMAN", BESIDES JYOTI PLAZA, NR. SHYAMAL CROSS ROAD, SATELLITE, AHMEDABAD – 380015.AHMEDABADGUJARAT
SBICAP SECURITIES LTD., C/O SBI MAIN BRANCH, TOWN HALL, AMRITSAR - 143001, PUNJAB.AMRITSARPUNJAB
SBICAP SECURITIES LTD., C/O STATE BANK OF INDIA, ASANSOL BRANCH, BIJOYPAL SARANI, ASANSOL – 713304, KOLKATA, WEST BENGAL.ASANSOLWEST BENGAL
SBICAP SECURITIES LTD., C/O SBI, 50 A, GARIAHAT ROAD, BALLYGUNGE, KOLKATA - 700019, WEST BENGAL.KOLKATAWEST BENGAL
SBICAP SECURITIES LTD., Pragathi Mansion, No.30, Ground Floor, DVG Road, BASAVANGUDI, BANGALORE - 560004, KARNATAKA.BANGALOREKARNATAKA
SBICAP SECURITIES LTD., C/O. SBI LHO CAMPUS, BEHIND SPB BRANCH, ST. MARKS ROAD, BANGALORE - 560001, KARNATAKA .BANGALOREKARNATAKA
SBICAP SECURITIES LTD LTD., 1ST FLOOR, C/O SBI KORAMANGALA PBB BRANCH,NO.472, AVS COMPLEX, 4TH BLOCK, KORAMANGALA,BANGALORE-560034, KARNATAKA.BANGALOREKARNATAKA
SBICAP SECURITIES LTD., C/o. SBI MALLESHWARAM BRANCH, 2ND FLOOR, NO.143, MARGOSA ROAD, 8TH CROSS, MALLESHWARAM, BANGALORE-560003.BANGALOREKARNATAKA
SBICAP SECURITIES LTD., C/O. SBI, ALKAPURI, R.C.DUTT ROAD, BARODA - 390 007, GUJARAT.BARODAGUJARAT
SBICAP SECURITIES LTD., C/O. SBI MAKARPURA I.E. BRANCH, VCCI BUILDING, MAKARPURA, BARODA - 390010, GUJARAT.BARODAGUJARAT
C/O. SBI MANDVI MAIN BRANCH, OPP JAMNABHAI HOSPITAL, MANDVI, BARODA - 390001BARODAGUJARAT
SBICAP SECURITIES LTD., C/O. STATE BANK OF INDIA, SBI COLONY, KALANALA, BHAVNAGAR - 364001, GUJARAT.BHAVNAGARGUJARAT
SBICAP SECURITIES LTD., C/O. SBI MAIN BRANCH,SECTOR 1,BHILAI - 490001, CHHATTISGARH.BHILAICHHATTISGARH
SBICAP SECURITIES LTD., C/O STATE BANK OF INDIA, PAANCHANAN BHAVAN, T T NAGAR, BHOPAL - 462 003, MADHYA PRADESHBHOPALMADHYA PRADESH
SBICAP SECURITIES LTD., C/O STATE BANK OF INDIA, MAIN BRANCH, SCO 43-48, SECTOR 17B, CHANDIGARH - 160017.CHANDIGARHCHANDIGARH
SBICAP SECURITIES LTD., SBI OLD NO. 17, NEW NO. 31, M. G. ROAD, SHASTRI NAGAR, CHENNAI – 600020, TAMIL NADU.CHENNAITAMILNADU
SBICAP SECURITIES LTD., SBI BUILDING, No.2 A, PRAKASAM ROAD, PANAGAL PARK, T. NAGAR, CHENNAI - 600 017, TAMIL NADU.CHENNAITAMILNADU
SBICAP SECURITIES LTD., SBI MAIN BRANCH, FIRST FLOOR, ADDRESS NO.84, RAJAJI SALAI, CHENNAI - 600001, TAMIL NADUCHENNAITAMILNADU
SBI CAP SECURITIES LTD, SBI PREMISES,FIRST FLOOR, 541, D.B.ROAD, R.S.PURAM, COIMBATORE - 641002, TAMIL NADUCOIMBATORETAMILNADU
SBICAP SECURITIES LTD., SBI MAIN BRANCH,STATE BANK ROAD, COIMBATORE - 641 018, TAMIL NADU.COIMBATORETAMILNADU
SBICAP SECURITIES LTD, SBI MAIN BRANCH,4-CONVENT ROAD, DEHRADUN - 248001, UTTARAKHAND.DEHRADUNUTTARAKHAND
SBICAP SECURITIES LTD., 9, NEW RAJDHANI ENCLAVE, SWASTHYA VIHAR,NR PREET VIHAR METRO STATION , DELHI - 110092.DELHIDELHI
SBICAP SECURITIES LTD., C/O SBI E-2/28, SECTOR 7, ROHINI, DELHI - 110085.DELHIDELHI
c/o. SBI (DBD) SME branch, gr floor, Chandani Chowk, Delhi - 110006DELHIDELHI
SBICAP SECURITIES LTD., C/O. STATE BANK INDIA, DURGAPUR BRANCH, DSP MAINGATE, PO DURGAPUR-3, DISTRICT BURDWAN, PIN 713203.DURGAPURWEST BENGAL
SBICAP SECURITIES LTD LTD., C/O. SBI SHANMUGHAM RD. BRANCH, 2ND FLOOR, KTDC BLDG, ERNAKULAM - 682 031, KERALA.ERNAKULAMKERALA
SBICAP SECURITIES LTD.,  C/O SBI, D-48, STATE BANK ROAD, ERODE - 638001. TAMIL NADU.ERODETAMILNADU
SBICAP SECURITIES LTD., C/O SBI, NAVYUG MARKET, GHAZIABAD, UTTAR PRADESH - 201001.GhaziabadUTTAR PRADESH
SBICAP SECURITIES LTD LTD., SHOP NO.13,SECOND FLOOR, RAGHU MANSION, 4/1, BRODIPET , GUNTUR-522002, ANDHRA PRADESH.GUNTURANDHRA PRADESH
SBICAP SECURITES LTD., SBI SUSHANT LOK 1, B/05, UNITECH TRADE CENTRE, GURGAON - 122009, HARYANA.GURGAONHARYANA
SBICAP SECURITIES LTD, SBI DISPUR BRANCH 1ST FLOOR, OPP. ASSAM SECRETARIAT, DISPUR, GUWAHATI-781006, ASSAM.GUWAHATIASSAM
SBICAP SECURITIES LTD., C/O. SBI MAIN BRANCH, BADA CHOWK, GWALIOR - 474001, MADHYA PRADESH.GWALIORMADHYA PRADESH
SBICAP SECURITES LTD.,1st FLOOR, C/O SBI HUBLI MAIN BRANCH, KESHWAPUR, HUBLI - 560023,KARNATAKA.HUBLIKARNATAKA
SBICAP SECURITIES LTD., C/O. SBH GUNFOUNDARY BRANCH, GROUND FLOOR, HYDERABAD - 500001, ANDHRA PRADESH.HYDERABADANDHRA PRADESH
SBICAP SECURITIES LTD., 1ST FLOOR, DMC CENTER, ABOVE STATE BANK OF INDIA, ST. JOHN'S ROAD, EAST MARREDPALLY, SECUNDERABAD - 500026, ANDHRA PRADESH.SECUNDERABADANDHRA PRADESH
SBICAP SECURITES LTD.,3rd FLOOR, C/O SBI INDIRANAGAR BRANCH, NO.-2987,12th MAIN ROAD, HAL 2nd STAGE, INDIRANAGAR,BANGLORE - 560008,KARNATAKA.BANGALOREKARNATAKA
SBICAP SECURITIES LTD., C/O. SBI GPO MAIN BRANCH, INDORE - 452001, MADHYA PRADESH.INDOREMADHYA PRADESH
SBICAP SECURITIES LTD., STATE BANK OF INDIA, 5,YASHWANT NIWAS ROAD, INDORE - 452003, MADHYA PRADESH.INDOREMADHYA PRADESH
SBICAP SECURITIES LTD., C/O. SBI MAIN BRANCH, CIVIL LINES, JABALPUR -482001, MADHYA PRADESH.JABALPURMADHYA PRADESH
SBICAP SECURITIES LTD., C/O SBI SPECIAL BRANCH, GROUND FLOOR, SANGENERI GATE, JAIPUR - 302003, RAJASTHANJAIPURRAJASTHAN
SBICAP SECURITIES LTD., 128, 1ST FLOOR, OPP. G.E. MONEY, GANPATI PLAZA, M.I. ROAD, JAIPUR - 302 001, RAJASTHAN.JAIPURRAJASTHAN
SBICAP SECURITIES LTD., C/O. STATE BANK OFINDIA, CIVIL LINES, JALANDHAR - 144 001, PUNJAB.JALANDHARPUNJAB
SBICAP SECURITIES LTD., C/O. SBI ZONAL OFFICE, NEAR SARB, GROUND FLOOR, JAMMU-180012, JAMMU KASHMIR.JAMMUJAMMU N KASHMIR
SBICAP SECURITIES LTD., G-3, GROUND FLOOR, MADHAV DARSHAN COMPLEX, OPPOSITE CRICKET BUNGALOW, NEAR LIMDA LINE, JAMNAGAR - 361001, GUJARAT.JAMNAGARGUJARAT
SBICAP SECURITIES LTD., C/0 SBI, JAMSHEDPUR, BISTUPUR -JAMSHEDPUR-831 001, JHARKHAND.JAMSHEDPURJHARKHAND
SBICAP SECURITIES LTD., C/O SBI, SPECIAL BRANCH, HIGH COURT CAMPUS, KACHAURI, JODHPUR - 342001, RAJASTHAN.JODHPURRAJASTHAN
SBICAP SECURITIES LTD LTD., C/O. SBI MAIN BRANCH, ZONAL OFFICE, MALL ROAD, KANPUR - 208 001, UTTARPRADESH.KANPURUTTAR PRADESH
SBICAP SECURITIES LTD., C/O SBI, 22,TAYLORS ROAD, KILPAUK, CHENNAI-639001, TAMIL NADU.CHENNAITAMILNADU
SBICAP SECURITIES LTD., STATE BANK OF INDIA, JEEVANDEEP BLDG, GROUND FLOOR, 1, MIDDLETON STREET, KOLKATA - 700 071, WEST BENGAL.KOLKATAWEST BENGAL
SBICAP SECURITIES LTD., C/O. SBI MAIN BRANCH, SAMMRIDDI BHAVAN, 3RD FLOOR, 1- STRAND ROAD, KOLKATA - 700001, WEST BENGAL.KOLKATAWEST BENGAL
SBICAP SECURITIES LTD., C/O SBI MAIN BRANCH, CHAWANI CHAURAHA, KOTA - 324007. RAJASTHAN.KOTARAJASTHAN
SBICAP SECURITIES LTD., C/O, STATE BANK OF INDIA G O C, KOTI (LHO), BANK STREET, – 500001,HYDERABAD, ANDHRA PRADESH.HYDERABADANDHRA PRADESH
SBICAP SECURITIES LTD., C/O SBI GOMATI NAGAR BRANCH, 2/103, VIJAY KHAND, FIRST FLOOR, GOMTI NAGAR, LUCKNOW - 226010, UTTARPRADESH.LUCKNOWUTTAR PRADESH
SBICAP SECURITIES LTD., C/O. SBI GOVT.BUSINESS BRANCH, MOTI MAHAL MARG, BEHIND K.D.SINGH BABU STADIUM, HAJRATH GANJ, LUCKNOW - 226 001, UTTAR PRADESH.LUCKNOWUTTAR PRADESH
SBICAP SECURITIES LTD., C/O SBI, GROUND FLOOR, FOUNTAIN CHOWK, CIVIL LINES, LUDHIANA - 141001, PUNJAB.LUDHIANAPUNJAB
SBICAP SECURITIES LTD., C/O STATE BANK OF INDIA, NUMBER - 7A, WEST VELI STREET, OPPOSITE RAILWAY STATION, MADURAI - 625001, TAMIL NADU.MADURAITAMILNADU
SBICAPSECURITIES, C/O SBI, MANGALORE MAIN BRANCH, PORT ROAD, P.B. NO. 90, MANGALORE - 575001, KARNATAKA.MANGALOREKARNATAKA
SBICAP SECURITIES LTD., C/O STATE BANK OF INDIA, 1ST FLOOR, MODI ARCADE, NEAR RLY STATION, MANINAGAR (WEST), AHMEDABAD - 380008, GUJARAT..AHMEDABADGUJARAT
SBICAP SECURITIES LTD., C/O. SBI, M.G.ROAD, GHATKOPAR EAST, MUMBAI - 400077, MAHARASHTRA.MUMBAIMAHARASHTRA
SBICAP SECURITIES LTD., SBI MADAME CAMA ROAD BRANCH, SBI ADMIN BUILDING COMPOUND, NARIMAN POINT, MUMBAI - 400021, MAHARASHTRA.MUMBAIMAHARASHTRA
SSL NRI BRANCH SBICAP SECURITIES LTD., SBI NRI BRANCH, MAKER CHAMBERS -3, GROUND FLOOR, NARIMAN POINT, MUMBAI - 400 021. MAHARASHTRA.MUMBAIMAHARASHTRA
SBICAP SECURITIES LTD., C/O SBI MUMBAI MAIN SPBB BRANCH, MUMBAI SAMACHAR MARG, GATE NO 1, HORNIMAN CIRCLE, FORT, MUMBAI - 400001, MAHARASHTRA.MUMBAIMAHARASHTRA
SBICAP SECURITIES LTD., C/O SANGAM CHS, GROUND FLOOR, BESIDE H.DF.C. BANK,ANDHERI (W) MUMBAI 400053MUMBAIMAHARASHTRA
C/O SBI, SHOWROOM NO 11, RUSTOMJEE ZONE BLDG,,SHOWROOM-NO 11 RUSTOMJEE O-ZONE BLDG, GOREGAON- MULUND LINK ROAD BRANCH,GOREGAON (WEST) MUMBAI:400062MUMBAIMAHARASHTRA
SBICAP SECURITIES LTD., C WING, 2ND FLOOR, MAFATLAL CHAMBERS, N.M. JOSHI MARG, LOWER PAREL, MUMBAI - 400013, MAHARASHTRA.MUMBAIMAHARASHTRA
C/O SBI, MARATHON MAXIMA BLDG LBS MARG, MULUND (W). MUMBAI:400080.MUMBAIMAHARASHTRA
C/O SBI, OPERA HOUSE BRANCH ,POST BAG NO.3663, UNITY HOUSE, MAMA PARAMANANDA ROAD, MUMABI 400004.MUMBAIMAHARASHTRA
C/O SBI, G-15/16, VENTURA , HIRANANDANI BUSINESS PARK, POWAI –MUMBAI : 400076.MUMBAIMAHARASHTRA
C/O SBI,BRANCH 7,SURYODAYA BLDG, JUHU ROAD,P.BOX NO.6901,SANTACRUZ (WEST) MUMBAI -400054.MUMBAIMAHARASHTRA
C/O SBI, GITANJALI, RANADE ROAD, DADAR WEST, MUMBAI: 400028.MUMBAIMAHARASHTRA
C/O SBI, ESTATE BRANCH P.B. NO. 16555,'C' BLOCK GROUND FLOOR DEVCHAND HOUSE, DR. A B ROAD, WORLI, MUMBAI-400018.MUMBAIMAHARASHTRA
SBICAP SECURITES LTD., C/O SBI MYSORE MAIN BRANCH, P.B. NO 204, MOTIKHANA BUILDING, NEW SAYAJI RAO ROAD, MYSORE - 570024, KARNATAKA.MYSOREKARNATAKA
SBICAP SECURITIES LTD., 14B, DISTILLERY ROAD, VADASERY , NAGERCOIL – 629 001, TAMIL NADU.NAGERCOILTAMILNADU
SBICAP SECURITIES LTD., C/O SBI SEVA SADAN BRANCH, 75 MOTI MOHAN COMPLEX, SEVA SADAN CHOWK, C.A ROAD, NAGPUR - 440018, MAHARASHTRA.NAGPURMAHARASHTRA
SBICAP SECURITIES LTD.,C/O SBI SPBB Br., Plot No. 56 ,OPP. WADNAGARE BHAVAN, THATTE WADI, COLLEGE ROAD, NASHIK - 422005, MAHARASHTRA.NASHIKMAHARASHTRA
SBICAP SECURITIES LTD., C/O. SBI KONKAN BHAVAN BRANCH, CIDCO BLDG. (SOUTH WING), CBD BELAPUR, NAVI MUMBAI – 400614NAVI MUMBAIMAHARASHTRA
SBICAP SECURITIES LTD., C/O. STATE BANK OF INDIA, PERSONAL BANKING BRANCH, A-15 HAUZ KHAS, NEW DELHI- 110016.NEW DELHIDELHI
SBICAP SECURITIES LTD, C/O SBI, PERSONAL BANKING BRANCH, GROUND FLOOR, 11, PARLIAMENT STREET, NEW DELHI - 110001, DELHI.NEW DELHIDELHI
SBICAP Securities Limited c/o. State Bank of India 13, Raja Garden, New Delhi-110015.NEW DELHIDELHI
SBICAP SECURITES LTD, C/O SBI MAIN BRANCH, SECTOR - 26, NOIDA - 201301, UTTAR PRADESH.NOIDAUTTAR PRADESH
SBICAP SECURITES LTD., C/O STATE BANK OF INDIA,SCO - 14, SECTOR 10, PANCHKULA - 140109, HARYANA.PANCHKULAHARYANA
SBICAP SECURITIES LTD., C/O. STATE BANK OF INDIA PANJIM MAIN BRANCH, DAYANAND BANDODKAR MARG, NEAR HOTEL MANDOVI, PANAJI - 403 001, GOA.PANJIMGOA
SBICAP SECURITIES LTD., STATE BANK OF PATIALA,(MAIN BRANCH), THE MALL,MALL ROAD, PATIALA - 147001, PUNJAB.PATIALAPUNJAB
SBICAP SECURITIES LTD. C/O SBI SPB BRANCH, WEST GANDHI MAIDAN, PATNA - 800001, BIHAR.PATNABIHAR
SBICAP SECURITIES LTD, 164, KAMRAJ SALAI, 1ST  FLOOR, ABOVE SBI ADB BRANCH , PUDUCHERRY-605013, TAMIL NADUPONDICHERRYTAMILNADU
SBICAP SECURITIES LTD., SPBB BRANCH, 1277, KUMAR RENAISSANCE, J.M.ROAD, DECCAN GYMKHANA, PUNE - 411004, MAHARASHTRA.PUNEMAHARASHTRA
SBICAP SECURITIES LTD., C/O SBI BUND GARDEN BRANCH, GRALE 171/B, 1ST FLOOR, DP ROAD, PUNE-411001, MAHARASHTRAPUNEMAHARASHTRA
SBICAP SECURITIES LTD. C/O. SBI KUTCHERY BRANCH, KUTCHERY, RAIPUR-492001, CHATTISGARHRAIPURCHHATTISGARH
SBICAP SECURITIES LTD C/O, STATE BANK OF INDIA, RAJKOT ZONAL OFFICE, OPPOSITE SARDAR BAUG, CIRCUIT HOUSE, RAJKOT – 360001,GUJARATRAJKOTGUJARAT
SBICAP SECURITIES LTD., SBI HASTHAMPATTI BRANCH, BANK HOUSE,No. 68 CHERRY ROAD, SALEM - 636 007, TAMIL NADU.SALEMTAMILNADU
SBICAP SECURITIES LTD., C/O SBI GOC, GROUND FLOOR, BIKASH BHAVAN, SECTOR - 1, SALT LAKE – 700091, KOLKATA, WEST BENGALKOLKATAWEST BENGAL
SBICAP SECURITES LTD., C/O STATE BANK OF INDIA, NEW BUILDING, 2nd FLOOR, THE MALL, SHIMLA - 171003, HIMACHAL PRADESH.SHIMLAHIMACHAL PRADESH
SBICAP SECURITIES LTD C/O, SBI, GHODDOD ROAD U25-28, MEGH MAYUR PLAZA, OPP JANI FARSAN BHANDAR, PARLE POINT,SURAT – 395007, GUJARAT,SURATGUJARAT
SBICAP SECURITIES LTD., C/O. SBI PBB VASANT VIHAR BRANCH, CHESTNUT PLAZA, OPP. EDEN WOODS GLADYA ALVARES ROAD, VASANT VIHAR, THANE (WEST) – 400610.THANEMAHARASHTRA
SBICAP SECURITIES LTD., FIRST FLOOR, STATE BANK OF TRAVANCORE BUILDING, SASTHAMANGALAM, THIRUVANANTHAPURAM - 695010, KERALA.THIRUVANANTHAPURAMKERALA
SBICAP SECURITIES LTD., C/O STATE BANK OF INDIA, MICR CENTER, GROUND FLOOR, ASHA ARCADE, 73 PROMENADE ROAD, CANTONMENT, TIRUCHIRAPPALLI - 620001, TAMIL NADU.TIRUCHIRAPPALLITAMILNADU
SBICAP SECURITIES LTD., C/O SBI, MAIN BRANCH, 23/C MADHUBAN, UDAIPUR - 313001, RAJASTHAN.UDAIPURRAJASTHAN
SBICAP SECURITIES LTD., C/O SBI MAIN BRANCH, STATE BANK BUILDING, BUDHWARIYA, UJJAIN – 456 006.UJJAINMADHYA PRADESH
SBICAP SECURITIES LTD., C/O SBI BHELUPUR BRANCH, VARANASI - 221010, UTTAR PRADESH.VARANASIUTTAR PRADESH
SBICAP SECURITIES LTD., C/O SBI JVLR BRANCH, GROUND FLOOR, JUHU VERSOVA LINK ROAD, ANDHERI (W), MUMBAI 400053.MUMBAIMAHARASHTRA
SBICAP SECURITIES LTD LTD., C/O. SBI GOVERNORPET BRANCH, ALI BEGH STREET, GOVERNORPET, VIJAYWADA-520002, ANDHRA PRADESH.VIJAYWADAANDHRA PRADESH
SBICAP SECURITIES LTD., C/O SBI MAIN BRANCH, 1ST FLOOR, OLD JAIL ROAD JUNCTION, NEAR REDHAM GARDENS, VISAKHAPATNAM - 530002, ANDHRA PRADESH.VIZAGANDHRA PRADESH

Allotment/Listing

The Bonds shall be listed on the BSE within 12 working days from date of Issue closure Date.

Tax Free BondIREDA
Issue Open8 Jan 2016
Issue Close 22 Jan 2016
Issue RegistrarKarvy Computershare Pvt Ltd
Listing ExchangeBSE
Allotment Date
Listing Date
Interest Payment Date
Face Value1000
Circular Ref. No

Source:  Issue Prospectus 

Disclaimer: “Invest only on the basis of prospectus”

https://i2.wp.com/www.puneinvest.com/wp-content/uploads/2016/01/ireda_2.png?fit=395%2C125https://i0.wp.com/www.puneinvest.com/wp-content/uploads/2016/01/ireda_2.png?resize=150%2C125RajendraTax Free Bondsireda,tax free bond,tax free bond 2015-16IREDA  Tax Free Bond - IREDA will open its public issue of tax free, secured, redeemable,non convertible bonds of face value of Rs. 1,000 each, in the nature of debentures, having tax benefit under section 10 (15)(iv)(h) of Income Tax Act, 1961, an amended for a amount of Rs....Investment you need