d4JNPT Tax Free Bond Tranche II – Issue details::

The Jawaharlal Nehru Port Trust (JNPT) is raising up to Rs 500 crorethrough public issue of tax-free bonds in the nature of secured redeemable non-convertible debentures. The issue would open on March 11 and close on March 15.

Product Note

Issue Highlight – 
IssuerJNPT Tax Free Bond -
Type of InstrumentSecured, Redeemable, NCD
Issue Open11, Mar, 2013
Issue Close15 Mar 2013
Issue Size
Face ValueRs. 1,000
Min. Application Size5 Bonds (Rs.5000) & multiply of 1 Bond thereafter
Interest Annual
Mode of AllotmentD'mat & Physical Form
RatingAAA by CRISIL, AAA by BWR
ListingBSE / NSE

Issue Structure –

OptionsSeries 1
Tenor10 years
Coupon Rate %
Category - I, II, III6.82%
Category - IV (Retail)7.32%*

*Additional Interest of 0.50% p.a. shall only be available to the original Allottees under category IV. In the event of Sold/transfer , the Coupon rate shall stand revised to the coupon rate applicable for allottee falling under Category I, II , III.

Cheque Details-

Retail Investor  :

Bankers :   

About Issue

About the Issuer

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.

 

 

Allotment/Listing

Registrar of Issue :

Link Intime  Pvt Ltd

Allotment Details

Tax Free BondJawaharlal Nehru Port Trust
Issue Open11 Mar 2013
Issue Close 15 Mar 2013
Issue RegistrarBigshare Service Pvt Ltd
Listing ExchangeNSE
NSE Script CodeJNPT.N1
BSE Script Code
BSE Script ID
Coupon Rate6.82% (Additional .50% interest extra for Retail Investor)
Allotment DateMar 25, 2013
Listing DateApr 3, 2013
ISIN NoINE281G07053 (10 Yr Bond)
Maturity Date25 Mar 2023 (10 yrs)
Interest Payment Date25 Mar 2014 (every year 25 mar)
Face Value1000

 Allotment Listing Details  PDF 

Trustee for Bondholders :

 

Depositories :

NSDL & CDSL

Are you interested to know brokerage structure  in your Inbox  mail : rajendra@puneinvest.com