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

Table of Contents

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

Share the Post:
Facebook
Twitter
LinkedIn

Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.


OPEN DEMAT ACCOUNT