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:
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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