Thursday, August 04, 2011

IIFCL Bonds Issue Dates, IIFCL NCD Bonds Issue Interest Rates & Details



IIFCL Bonds Issue: India Infoline Investment Services Limited NCDs Details

Secured Redeemable Non-Convertible Debentures of Face Value of Rs. 1,000 each, aggregating upto Rs. 37,500 lacs with an option to retain over-subscription upto Rs.37,500 lacs for issuance of additional NCD’s aggregating to a total of upto Rs.75,000 lacs.

- Cheque/ DD should be drawn in favour of "IIISL- NCD IPO- Escrow"
- Issue will aggregate Rs. 375 Crore, with an option to retain oversubscription of Rs. 375 Crore i.e. overall aggregating Rs. 750 Crore.
- IIFCL Offer Coupon rate upto 11.9% p.a. on 5 Year Secured NCDs
- Issue Start Date: 4th August 2011.
- Issue End Date: 12th August 2011.
- Face Value: Rs.1000/-
- Rating: [ICRA] AA- (stable) By ICRA And CARE AA - By CARE
- Listing: IIFCL NCD will be list on NSE and BSE
- Minimum Investment: 5 NCDs (5000 Rs)

Lead managers:
- Axis bank Limited
- J.M financial Consultants Pvt Ltd
- A.K capital Services.

Registrar of IIFCL Bonds Issue: 
- Link Intime India Pvt Ltd.


Interest Rates:

Option I
Option II
Option III
Period
36 Months
40 Months
60 Months
NCD Price
1000/-
1000/-
1000/-
Interest Option
Annual
On Maturity
Annual
Interest Rate
 11.70%
11.70%
11.90%
Min NCD
5 NCD
5 NCD
5 NCD

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