Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Friday, December 30, 2011

IFCI Long Term Infrastructure Bonds for year 2011 - 2012

 
Issuer
IFCI Limited ("the Issuer")
Offering
2,00,000 Nos. Unsecured, Redeemable, Non-Convertible Bonds Series – IV of Rs.5,000/- each aggregating to Rs.100 crore with a green-shoe option to retain over-subscription.
Type
Private Placement basis
Instrument
Unsecured, Redeemable, Non-Convertible Long Term Infrastructure Bonds - Series IV, having benefits under section 80 CCF of the Income Tax Act, 1961 for investment upto Rs.20,000/-
Eligible Investors
Resident Indian Individuals (Major) and HUFs through Karta of the HUF
Rating
'BWR AA-' by Brickwork Ratings India Pvt. Limited CARE 'A+' by CARE Ratings (Credit Analysis & Research Ltd.) 'LA' by ICRA Limited
Face Value
Rs.5,000/- per bond
Minimum Application
Rs.5,000/- (i.e. 1 Bond)
Application in multiples of
Rs.5,000/- (i.e. 1 Bond)
Options for Subscription
I
II
III
IV
 
Frequency of Interest Payment
Cumulative
Annual
Cumulative
Annual
 
Coupon (% p.a.)
9.09 % p.a.
(Annual compounding)
9.09 % p.a.
9.16 % p.a.
(Annual compounding)
9.16 % p.a.
 
Tenor
10 (Ten) years
10 (Ten) years
15 (Fifteen) years
15 (Fifteen) years
 
Maturity Date
February 15, 2022
February 15, 2022
February 15, 2027
February 15, 2027
 
Buyback option
At the end of 5th and 7th year from Deemed Date of Allotment
At the end of 5th and 10th year from Deemed date of Allotment
 
Buyback Dates
February 15 of the calendar years 2017 and 2019
February 15 of the calendar years 2017 and 2022
 
Lock-in period
5 years from the deemed Date of Allotment
Deemed Date of Allotment
February 15, 2012
Security
Unsecured
Trustee
IDBI Trusteeship Services Limited
Listing
Proposed to be listed on Bombay Stock Exchange (BSE)
Depositories
National Securities Depository Ltd. and Central Depository Services (India) Ltd.
Registrars
Karvy Computershare Pvt. Ltd.
Issuance & Trading
Bonds shall be issued both in dematerialised form and physical form. However, trading allowed only in dematerialised mode after the expiry of Lock-in Period of 5 years
Mode of Interest Payment / Redemption
ECS/At Par Cheques/Demand Drafts
Issue Schedule
Issue Open Date : November 30, 2011
Issue Close Date : January 16, 2012
The issuer would have the right to pre-close the issue or extend the closing date by giving 1 day notice to the Arrangers
Interest on Application Money shall be paid at the respective coupon from the date of realisation of subscription amount to the date immediately preceding the deemed date of allotment.
 

 

---------------------------------------------

 

Application form for Applying for Tax Saving Long Term Infrastructure Bond  

 

Current open Long Term Infra Bond Application form

 

 

Submit filled up application    Collection canter near you

 

 

---------------------------------------------

Buy Tax Saving Mutual Funds Online by selecting the Mutual Fund Schemes

Mutual Funds Online

 

Download Tax Saving Mutual Fund Applications / Forms from all AMCs:

Download Mutual Fund Applications

 

 

No comments:

Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications
Related Posts Plugin for WordPress, Blogger...

Popular Posts