INDIABULLS HOUSING FINANCE LIMITED (IBHFL)
|
|
- Tamsin Short
- 6 years ago
- Views:
Transcription
1 INDIABULLS HOUSING FINANCE LIMITED (IBHFL) INVESTMENT RATIONALE The issue offers yields ranging from 8.60 % to 9.15% depending up on the Category of Investor and the option applied for. Opportunity to invest in one of the leading Housing Finance Company. Credit Rating of CARE AAA by CARE and BWR AAA, Outlook: Stable by Brickwork Ratings India Private Limited The NCDs are proposed to be listed on the BSE Limited ( BSE ) and the National Stock Exchange of India Limited ( NSE ). COMPANY PROFILE IBHFL is one of the largest housing finance companies ("HFCs") in India. IBHFL is a non-deposit taking HFC registered with the NHB. It is a notified financial institution under the SARFAESI Act. IBHFL focuses primarily on long-term secured mortgage-backed loans. The company offer housing loans and loans against property to the target client. The Company also offers mortgage loans to real estate developers in India in the form of lease rental discounting for commercial premises and construction finance for the construction of residential premises. As of March 31, 2016, the company had offices spread across over 110 locations in India. It also has two representative offices in Dubai and London to target NRI clients. Its presence across Tier I, Tier II and Tier III cities in India allows it to interact with and service its customers at the local level. Company s standalone borrowings as at June 30, 2016 were Rs crores. The company relies on long-term and medium-term borrowings from banks and other financial institutions, including external commercial borrowings, issuances of non-convertible debentures and commercial papers. As at March 31, 2016, 2015, and 2014, its consolidated gross NPAs as a percentage of its consolidated AUM were 0.84%, 0.85% and 0.83%, respectively, and its consolidated net NPAs (which reflect its gross NPAs less provisions for NPAs, except counter-cyclical provision) as a percentage of its consolidated AUM were 0.35%, 0.36% and 0.36%, respectively. As of March 31, 2016, 2015 and 2014, its standalone capital to risk (weighted) assets ratio ("CRAR") were 20.51%, 18.35% and 19.14%, respectively. For the Fiscal Years 2016, 2015 and 2014, its consolidated revenue from operations was Rs crores, Rs crores and Rs crores, respectively, and its consolidated profit after tax before share of profit attributable to minority interest was Rs crores, Rs crores and Rs crores respectively. Its consolidated revenue from operations and consolidated profit after tax grew at a CAGR of 23.8% and 22.3%, respectively, from Fiscal Year 2014 to Fiscal Year 2016.
2 Key Strengths One of the largest HFCs in India with strong financial performance, capitalization and credit ratings Company s market position and its focus on the affordable housing segment allow it to benefit from the growth potential in this segment arising from various government and policy initiatives. The company has long-term credit ratings of AAA (for its long-term loans and nonconvertible debentures) from CARE and Brickwork Ratings and AA+ (for its non-convertible debentures) from CRISIL and ICRA. The company also has the highest short-term credit rating of A1+ from ICRA, CARE, CRISIL and India Ratings and Research. Additionally, it has obtained a credit rating of AAA from CARE Ratings and Brickwork Ratings in relation to its subordinated debt programme. The company believes that its strong financial record and high credit ratings position it to take advantage of the growth in the HFC industry, provide it with significant competitive advantages, contribute to the growth of its business and provide a high degree of comfort to its stakeholders including shareholders, lenders and rating agencies. Access to diversified and cost effective funding sources Over the years, IBHFL has developed a diversified funding base and has established strong relationships with its lenders. Its lenders include PSU and private banks, mutual funds, insurance companies, provident funds, pension funds and other financial institutions. IBHFL believes that its strong financial performance, capitalisation levels and high credit ratings give considerable comfort to its lenders and enable it to borrow funds at competitive rates, thereby lowering its overall cost of borrowings Strong network and pan-india presence and brand Its geographical reach within India across Tier I, Tier II and Tier III cities allows it to target and grow its customer base. As at June 30, 2016, its presence in over 110 locations across India allows it to undertake loan processing, appraisal and management of customer relationships in an efficient and cost effective manner. The company believes that its customer-oriented approach and efficiencies have aided it in achieving customer loyalty and have established it as one of the leading HFCs in India. IBHFL was awarded Business Superbrand by Superbrand India 2016, Best Affordable Housing Finance Company of the Year by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) at the ASSOCHAM Housing Excellence Awards in Fiscal Year 2016, the Housing Finance Company of the Year by Accommodation Times in Fiscal Year 2016, the Best Housing Finance Company by Realty Plus in Fiscal Year 2016, the Excellence in Home Loan Banking by CMO Asia and Asian Confederation of Businesses, the "Best Housing Finance Company" of the Fiscal Year 2014 by ASSOCHAM, and the "Fastest Growing Housing Finance Company" in the year 2014 by National Real Estate Development Council (NAREDCO). Technology advancements aimed at increasing customer accessibility IBHFL is one the first home lenders to offer the e-home Loans facility to the customers. The e-home Loan is a technological endeavour that enables its home loan customers to avail of paperless loans through their computers or mobiles devices. With this technology, the entire process of loan origination (from loan application to approval) can be managed through the devices thus obviating the need for branch visits. This results in significant customer convenience as it provides for a seamless loans approval process remotely, and at times convenient to the customer. IBHFL also expect to be able to enhance its access to customers in regions where we do not have branches through its e-home facility. Additionally, this also results in reduced operational costs and overheads aimed at increasing its margins.
3 ISSUE Structure Issuer Type of instrument/ Name of the security/ Seniority/Nature Mode of the issue Lead Managers Issue Base Issue Option to retain Oversubscription Amount Interest on application amounts received which are used towards allotment of NCDs Interest on application amounts received which are liable to be refunded Face value/issue Price (in Rs) Put/Call option Minimum Application size and in multiples of NCD thereafter Market Lot/ Trading Lot Pay-in date Credit ratings Listing Issuance mode of the instrument* Trading mode of the instrument Issue opening date Issue closing date ** Security and asset cover Deemed date of Allotment Indiabulls Housing Finance Limited Secured and Unsecured Redeemable Non-Convertible Debentures Public issue A. K. Capital Services Limited, YES Securities (India) Limited, Edelweiss Financial Services Limited, Axis Bank Limited, IIFL Holdings Limited, IndusInd Bank Limited, SBI Capital Markets Limited and Trust Investment Advisors Private Limited Public Issue by the Company of Secured NCDs and Unsecured NCDs aggregating up to Rs 3500 crores with an option to retain oversubscription up to Rs 3500 crores for issuance of additional Secured NCDs and Unsecured NCDs aggregating up to Rs7000 crores. The Unsecured NCDs will be in the nature of Subordinated Debt and will be eligible for Tier II capital. Rs 3500 crores Rs 3500 crores The Company shall pay interest on application amount, as per the Effective Yield applicable to the relevant Series of NCD (as per the Category of the Investor), allotted to the Applicants, other than to ASBA Applicants, subject to deduction of income tax under the provisions of the Income Tax Act, 1961, as amended, as applicable, to any Applicants to whom NCDs are allotted pursuant Issue from the date of realization of the cheque(s)/demand draft(s) up to one day prior to the Deemed Date of Allotment. The Company shall pay interest at the rate of 6.00% p.a. on application amount which is liable to be refunded to the Applicants, other than to ASBA Applicants, in accordance with the provisions of the SEBI Debt Regulations and/or the Companies Act 2013, or other applicable statutory and/or regulatory requirements, subject to deduction of income tax under the provisions of the Income Tax Act, 1961, as amended, as applicable, to any Applicants to whom NCDs are allotted pursuant to the Issue from the date of realization of the cheque(s)/demand draft(s) up to one day prior to the Deemed Date of Allotment. However, the Company shall not be liable to pay any interest on monies liable to be refunded in case of (a) invalid applications or applications liable to be rejected, (b) applications which are withdrawn by the Applicant and/or (c) monies paid in excess of the amount of NCDs applied for in the Application Form. Rs 1,000 per NCD Not applicable Rs 10,000 (10 NCDs) collectively across all series and in multiple of Rs 1,000 (one NCD) thereafter across all series One NCD Application Date. The entire Application Amount is payable on Application. The NCDs proposed to be issued under this Issue have been rated BWR AAA with Stable Outlook by Brickwork and CARE AAA (Triple A) by CARE. For the rationale for these ratings, see Annexure A & B of the Prospectus The NCDs are proposed to be listed on NSE and BSE. The NCDs shall be listed within 12 Working Days from the date of Issue Closure. For more information, see Other Regulatory And Statutory Disclosures in the prospectus. Both physical and dematerialised form In dematerialised form only 15-Sep Sep-16 The Secured NCDs proposed to be issued will be secured by a first ranking pari passu charge on the current assets (including investments) of the Issuer, both present and future; and on present and future loan assets of the Issuer, including all monies receivable for the principal amount and interest thereon. The Secured NCDs will have an asset cover of one time on the principal amount and interest thereon. The Issuer reserves the right to sell or otherwise deal with the receivables, both present and future, including without limitation to create a charge on pari passu basis thereon for its present and future financial requirements, without requiring the consent of, or intimation to, the Secured NCD holders or the Debenture Trustee in this connection, provided that a minimum security cover of one time on the principal amount and interest thereon, is maintained. No security will be created for Unsecured NCD in the nature of Subordinated Debt The date on which the Board or a duly authorized committee approves the Allotment of NCDs. All benefits relating to the NCDs including interest on NCDs shall be available to Investors from the Deemed Date of Allotment. The actual allotment of NCDs may take place on a date other than the Deemed Date of Allotment. * In terms of Regulation 4(2)(d) of the SEBI Debt Regulations, the Company will undertake this public issue of the NCDs in dematerialised form. However, in terms of section 8(1) of the Depositories Act, the Company, at the request of the Investors who wish to hold the NCDs in physical form will fulfil such request. However, trading in NCDs shall be compulsorily in dematerialized form. ** The subscription list shall remain open at the commencement of banking hours and close at the close of banking hours for the period as indicated, with an option for early closure or extension by such period, as may be decided by the Board or the Bond Issue Committee. In the event of such early closure of or extension subscription list of the Issue, the Company shall ensure that notice of such early closure or extension is given to the prospective investors through an advertisement in a leading daily national newspaper on or before such earlier date or extended date of closure. Applications Forms for the Issue will be accepted only from 10:00 a.m. till 5.00 p.m. (Indian Standard Time) or such extended time as may be permitted by the Stock Exchanges, on Working Days during the Issue Period. On the Issue Closing Date, Application Forms will be accepted only from 10:00 a.m. till 3.00 p.m. (Indian Standard Time) and uploaded until 5.00 p.m. (Indian Standard Time) or such extended time as may be permitted by the Stock Exchanges.
4 SPECIFIC TERMS FOR EACH SERIES OF SECURED NCDs Series I II III IV V VI VII Interest type Fixed Fixed Fixed Fixed Fixed Fixed Fixed Interest reset process NA NA NA NA NA NA NA Frequency of Interest Payment Annual Cumulative Annual Cumulative Monthly Annual Cumulative Minimum Application Rs 10,000 (10 NCDs) across all Series collectively In Multiples thereafter Rs 1,000 (1 NCD) Face Value of NCDs (Rs/ NCD) Rs 1,000 Issue Price (Rs/ NCD) Rs 1,000 Mode of Interest Payment Through various options available Tenor 3 Years 5 Years 10 Years Coupon (%) for NCD Holders in Category I and Category II 8.55% NA 8.75% NA 8.51% 8.85% NA Coupon (%) for NCD holders in Category III 8.65% NA 8.90% NA 8.65% 9.00% NA Coupon (%) for NCD holders in Category IV 8.70% NA 8.90% NA 8.65% 9.00% NA Effective Yield (per annum) For NCD holders in the Category I and the Category II 8.55% 8.55% 8.75% 8.75% 8.85% 8.85% 8.85% For NCD holders in the Category III 8.65% 8.65% 8.90% 8.90% 9.00% 9.00% 9.00% For NCD holders in the Category IV 8.70% 8.70% 8.90% 8.90% 9.00% 9.00% 9.00% Put and call option N/A Redemption Date (Years from the Deemed Date of Allotment) 3 years 5 years 10 years Redemption Amount (Rs/NCD) For NCD holders in the Category I and the Category II Rs 1,000 Rs 1, Rs 1,000 Rs 1, Rs 1,000 Rs 1,000 Rs 2, For NCD holders in the Category III Rs 1,000 Rs 1, Rs 1,000 Rs 1, Rs 1,000 Rs 1,000 Rs 2, For NCD holders in the Category IV Rs 1,000 Rs 1, Rs 1,000 Rs 1, Rs 1,000 Rs 1,000 Rs 2, *The Company shall allocate series VI NCDs wherein the Applicants have not indicated their choice of the relevant NCD series SPECIFIC TERMS FOR EACH SERIES OF UNSECURED NCDs** Series VIII IX X Interest type Fixed Fixed Fixed Interest reset process NA NA NA Frequency of Interest Payment Monthly Annual Cumulative Minimum Application Rs 10,000 (10 NCDs) across all Series collectively In Multiples thereafter Rs 1,000 (1 NCD) Face Value of NCDs (Rs/ NCD) Rs 1,000 Issue Price (Rs/ NCD) Rs 1,000 Mode of Interest Payment Through various options available Tenor 10 Years Coupon (%) for NCD Holders in Category I and Category II 8.65% 9.00% NA Coupon (%) for NCD holders in Category III and Category IV 8.79% 9.15% NA Effective Yield (per annum) For NCD holders in the Category I and the Category II 9.00% 9.00% 9.00% For NCD holders in the Category III and Category IV 9.15% 9.15% 9.15% Put and call option N/A Redemption Date (Years from the Deemed Date of Allotment) 10 years Redemption Amount (Rs/NCD) For NCD holders in the Category I and the Category II Rs 1,000 Rs 1,000 Rs 2, For NCD holders in the Category III and the Category IV Rs 1,000 Rs 1,000 Rs 2, *The Company shall allocate series IX NCDs wherein the Applicants have not indicated their choice of the relevant NCD series. **Unsecured NCDs offered under the Issue will be in the nature of subordinated debt. Therefore, in accordance with the Housing Finance Companies (NHB) Directions, 2010, Notification No. NHB.HFC.DIR.1/CMD/2010, as amended from time to time, Unsecured NCDs will be subordinated to the claims of other creditors and are free from restrictive clauses and are not redeemable at the instance of the debenture holder or without the consent of the supervisory authority of the HFC. Investors in the Issue who fall under Category IV and who are senior citizens on the Deemed Date of Allotment shall be eligible for additional coupon of 0.10% per annum provided the NCDs are held by the investors on the relevant record date applicable for payment of respective coupon and/ or redemption of NCDs across all series. Senior Citizen(s) have to provide self -attested copy of PAN as additional KYC document irrespective of the mode of application either through demat or physical for the eligibility of additional coupon of 0.10% per annum. In case of non receipt of copy of PAN along with the application form while applying for the NCDs of the Issue, the additional coupon of 0.10% p.a. will not be applicable.
5 Allocation Ratio QIB Portion Corporate Portion High Net Worth Individual Portion Retail Individual Investor Portion 20% of the Overall Issue Size 20% of the Overall Issue Size 30% of the Overall Issue Size 30% of the Overall Issue Size Who can apply? Category I Category II Category III Category IV Institutional Investors Non Institutional Investors High Net-worth Individual Investors ( HNIs ), Retail Individual Investors Public financial institutions, scheduled commercial banks, Companies within the meaning of section 2(20) of Resident Indian individuals and Resident Indian Indian multilateral and bilateral development financial the Companies Act, 2013; co-operative banks, and Hindu Undivided Families individuals and Hindu institution which are authorised to invest in the NCDs; societies registered under the applicable laws in through the Karta applying for Undivided Families Provident funds, pension funds, superannuation funds and India and authorised to invest in the NCDs; an amount aggregating to through the Karta gratuity funds, which are authorised to invest in the NCDs; Statutory Bodies/Corporations, above Rs 10 Lacs across all applying for an amount Venture Capital Funds/ Alternative Investment Fund Regional Rural Banks series of NCDs aggregating up to and registered with SEBI; Public/private charitable/ religious trusts which are including Rs 10 Lacs Insurance Companies registered with IRDA; authorised to invest in the NCDs; across all series of State industrial development corporations; Insurance funds set up and managed by the army, navy, or air force of the Union of India; Insurance funds set up and managed by the Department of Scientific and/or industrial research organisations, which are authorised to invest in the NCDs; Partnership firms in the name of the partners; Limited liability partnerships formed and registered NCDs Posts, the Union of India; under the provisions of the Limited Liability National Investment Fund set up by resolution no. F. No. 2/3/2005-DDII dated November 23, 2005 of the Government of India published in the Gazette of India; and Mutual Funds. Partnership Act, 2008 (No. 6 of 2009); Association of Persons; and Any other incorporated and/ or unincorporated body of persons Who are not eligible to apply for NCDs? The following categories of persons, and entities, shall not be eligible to participate in the Issue and any Applications from such persons and entities are liable to be rejected: 1. Minors without a guardian name*(a guardian may apply on behalf of a minor. However, Applications by minors must be made through Application Forms that contain the names of both the minor Applicant and the guardian); 2. Foreign nationals, NRI inter-alia including any NRIs who are (i) based in the USA, and/or, (ii) domiciled in the USA, and/or, (iii) residents/citizens of the USA, and/or, (iv) subject to any taxation laws of the USA; 3. Persons resident outside India and other foreign entities; 4. Foreign Institutional Investors; 5. Foreign Portfolio Investors; 6. Foreign Venture Capital Investors 7. Qualified Foreign Investors; 8. Overseas Corporate Bodies; and 9. Persons ineligible to contract under applicable statutory/regulatory requirements. *Applicant shall ensure that guardian is competent to contract under Indian Contract Act, 1872 Allotments in Under Subscription: Under subscription, if any, in any Portion, priority in allotments will be given in the following order: i. Retail Individual Investor Portion ii. High Net worth Individual Portion iii. Corporate Portion iv. QIB Portion Within each Portion, priority in Allotments will be given on a first-come-first-serve basis, based on the date of upload of each Application into the electronic system of the Stock Exchange. Allotments in case of oversubscription: In case of an oversubscription, allotments to the maximum extent, as possible, will be made on a first-come first-serve basis and thereafter on proportionate basis, i.e. full allotment of NCDs to the Applicants on a first come first basis up to the date falling 1 (one) day prior to the date of oversubscription and proportionate allotment of NCDs to the Applicants on the date of oversubscription (based on the date of upload of each Application into the Electronic Book with Stock Exchange, in each Portion).
6 Modes of Making Application Applicants may use any of the following facilities for making Applications: 1. ASBA Applications through the Members of Consortium, or the Trading Members of the Stock Exchange only in the Specified Cities (namely, Mumbai, Chennai, Kolkata, Delhi, Ahmedabad, Rajkot, Jaipur, Bengaluru, Hyderabad, Pune, Vadodara and Surat) ( Syndicate ASBA ). For further details, see - Submission of ASBA Applications in prospectus. 2. ASBA Applications through the Designated Branches of the SCSBs. For further details, see - Submission of ASBA Applications in the prospectus and 3. Non-ASBA Applications through the Members of Consortium or the Trading Members of the Stock Exchange at the centres mentioned in Application Form. For further details, see Submission of Non-ASBA Applications (other than Direct Online Applications) in the prospectus. 4. Non-ASBA Applications for Allotment in physical form through the Members of Consortium, Consortium Members, sub-brokers or the Trading Members of the Stock Exchange at the centres mentioned in Application Form. For further details, please refer to Submission of Non-ASBA Applications for Allotment of NCDs in the Physical Form in the prospectus. Please note that clarifications and/or confirmations regarding the implementation of the requisite infrastructure and facilities in relation to direct online applications and online payment facility have been sought from the Stock Exchange and is subject to confirmation from Stock Exchange. Key Operational and Financial Parameters (Consolidated) (Rs.in crores) Parameters FY 2016 FY 2015 FY 2014 Networth# Total Debt of which Non Current Maturities of Long Term Borrowing Short Term Borrowing Current Maturities of Long Term Borrowing Net Fixed Assets Non Current Assets (Excluding Fixed Assets) Cash and Cash Equivalent Current Investments Current Assets ( Excluding Cash and Cash Equivalent & Current Investments) Current Liabilities ( Excluding Short term borrowing, Current Maturities of Long Term Borrowing) Non Current Liabilities Assets Under Management Off Balance Sheet Assets Interest Income (Including Treasury Income) Interest Expenses* Provisioning & Write-offs (net of recoveries) PAT Gross NPA (%)** 0.80% 0.80% 0.80% Net NPA (%)*** 0.30% 0.40% 0.40% Tier I Capital Adequacy Ratio (%)-Standalone 17.90% 15.20% 15.10% Tier II Capital Adequacy Ratio (%)-Standalone 2.70% 3.10% 4.10% * Interest Expenses means the total finance cost **Gross NPA % = Gross NPA / (Assets Under Management less Off Balance Sheet Assets) ***Net NPA % = (Gross NPAs less provisions for NPAs, except counter-cyclical provision) / (Assets Under Management less Off Balance Sheet Assets) # Net Worth=Share Capital+Reserves and Surplus+Money received against Share Warrants+Minority Interest-Goodwill on Consolidation
NCD - PUBLIC ISSUE NOTE
Public Issue of Secured Redeemable Non-Convertible Debentures by Indiabulls Housing Finance Limited Brief Introduction of the company: It is one of the largest housing finance companies ("HFCs") in India.
More informationIndiabulls Housing Finance Limited
Indiabulls Housing Finance Limited Public Issue of Secured and Unsecured Redeemable Non-Convertible Debentures Issue Opens on September 15, 2016 Issue Closes on September 23, 2016* * Allocations will be
More informationIndia Infoline Limited
Public Issue of Unsecured Subordinated Redeemable Non-Convertible Debentures of Mahindra & Mahindra Financial Services Limited Issue Period : July 10, 2017 July 28, 2017 INVESTMENT RATIONALE Mahindra &
More informationJM Financial Credit Solutions Limite d
JM FINANCIAL CREDIT SOLUTIONS LIMITED INVESTMENT RATIONALE The issue offers yields ranging from 9.24% to 9.74% depending up on the Category of Investor and the option applied for. The NCDs have been rated
More informationRELIANCE HOME FINANCE LIMITED
RELIANCE HOME FINANCE LIMITED INVESTMENT RATIONALE The issue offers yields ranging from 8.70% to 9.40% depending up on the Category of Investor and the option applied for. Credit Rating of CARE AA+ by
More informationRURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking)
RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS Interest from these Bonds shall not be included in total income of any person as per provisions
More informationSREI EQUIPMENT FINANCE LIMITED
INVESTMENT RATIONALE SREI EQUIPMENT FINANCE LIMITED The issue offers effective yields ranging from 8.63 % to 9.77% depending up on the Category of Investor and the option applied for. Credit Rating of
More informationRURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS
RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS Interest from these Bonds shall not be included in total income of any person as per provisions
More informationPUBLIC ISSUE OF SECURED AND UNSECURED NON-CONVERTIBLE DEBENTURES OF MUTHOOT FINANCE LIMITED of face value Rs. 1,000 upto ` 5,000 million
PUBLIC ISSUE OF SECURED AND UNSECURED NON-CONVERTIBLE DEBENTURES OF MUTHOOT FINANCE LIMITED of face value Rs. 1,000 upto ` 5,000 million Issue Opening December 11, 2015 Issue Closing January 11, 2015*
More informationREC Tax Free Bonds. RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS COMPANY PROFILE
RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS Interest from these Bonds do not form part of Total Income as per provisions under section 10 (15)
More informationBonanza Portfolio Ltd
Public Issue of Tax Free Secured Redeemable Non-Convertible Bonds issued by HIGHLIGHTS OF TAX BENEFITS In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of Section 10 of
More informationISSUE STRUCTURE. Strategies
PUBLIC ISSUE OF SECURED AND UNSECURED NON-CONVERTIBLE DEBENTURES OF MUTHOOT FINANCE LIMITED of face value Rs. 1,000 upto ` 4,000 million Issue Opening November 19, 2014 Issue Closing December 18, 2014*
More informationINDIA INFRASTRUCTURE FINANCE COMPANY LIMITED A wholly owned Government of India Undertaking
HIGHLIGHTS OF TAX BENEFITS INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED A wholly owned Government of India Undertaking Interest from these Bonds do not form part of total income as per provisions of Section
More informationShriram Transport Finance Company Limited
ISSUE SALIENT FEATURES Yields range from 9.65% to 11.15% depending on the series applied for (Series I, II, III, IV & V) and the category of investor Credit Rating of CRISIL AA/Stable by CRISIL and CARE
More informationECL Finance Limited. 13-Dec Jan Public Issue of Secured Redeemable Non-Convertible Debentures. Issue Opens on.
Public Issue of Secured Redeemable Non-Convertible Debentures ECL Finance Limited -------------------------------------------------------------------------------------------------------------------- Issue
More informationThe issue offers yield ranging from % to % depending upon the series applied for and category of investor
INVESTMENT RATIONALE The issue offers yield ranging from 12.25 % to 12.6184% depending upon the series applied for and category of investor Opportunity to invest in a subsidiary of Religare Enterprises
More information`IREDA Public Issue of Tax Free Bonds
HIGHLIGHTS OF TAX BENEFITS INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED (A GOVERNMENT OF INDIA ENTERPRISE) Interest from these Bonds do not form part of total income as per provisions of Section
More informationRURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking)
RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS The income by way of interest on these Bonds is exempt from Income Tax and shall not form part of
More informationNHAI Public Issue of Tax Free Bonds Tranche II
NHAI Public Issue of Tax Free Bonds Tranche II HIGHLIGHTS OF TAX BENEFITS NATIONAL HIGHWAYS AUTHORITY OF INDIA (An Autonomous Body under the Ministry of Road Transport & Highways, Government of India)
More informationCompany Highlights. Strengths. Strategies. Financials Performance
PUBLIC ISSUE OF TAX FREE, SECURED, REDEEMABLE, NON CONVERTIBLE BONDS of face value of ` 1,000 each, having tax benefits under section 10(15) (iv) (h) Income Tax Act, 1961, as amended for an amount aggregating
More informationMuthoot Finance Limited Public Issue Of Secured Redeemable & Unsecured Redeemable Non-Convertible Debentures
Note: Edelweiss Broking Ltd. is a Lead Broker to the issue; accordingly, this note is prepared based on the Prospectus for informative purpose only. Issue Highlights Muthoot Finance Limited Public Issue
More information07-Jan Jan-2019
Public Issue of Secured Redeemable Non-Convertible Debentures ------------------------------------------------------------------------------------------------------ Issue Opens on 07-Jan-2019 ---------------------------------------------------
More informationMuthoot Finance Limited Public Issue Of Secured Redeemable & Unsecured Redeemable Non-Convertible Debentures
Note: Edelweiss Broking Ltd. is a Lead Broker to the issue; accordingly, this note is prepared based on the Prospectus for informative purpose only. Issue Highlights Muthoot Finance Limited Public Issue
More informationShriram City Union Finance Limited. Issue Related FAQs
Shriram City Union Finance Limited Issue Related FAQs Q1. What is the Nature & Size of the Issue? Ans: Public Issue by Shriram City Union Finance Limited, ( Company or Issuer ) of Secured Non- Convertible
More information15-Oct Oct-2018
Public Issue of Secured Redeemable Non-Convertible Debentures Shriram Transport Finance Company Limited ------------------------------------------------------------------------------------------------------
More informationNHAI Public Issue of Tax Free Bonds
17 2015 December, 31 2015 HIGHLIGHTS OF TAX BENEFITS NATIONAL HIGHWAYS AUTHORITY OF INDIA (An Autonomous Body under the Ministry of Road Transport & Highways, Government of India) Interest from these Bonds
More informationREC Tax Free Bonds. RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS COMPANY PROFILE
RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS Interest from these Bonds do not form part of Total Income as per provisions under section 10 (15)
More informationIRFC Public Issue of Tax Free Bonds
INDIAN RAILWAY FINANCE CORPORATION LIMITED Issue opening on 25 Feb 2013 HIGHLIGHTS OF TAX BENEFITS Interest from these Bonds do not form part of total income as per provisions of Section 10 (15) (iv) (h)
More informationRURAL ELECTRIFICATION CORPORATION LIMITED Tax Free Bonds
RURAL ELECTRIFICATION CORPORATION LIMITED Tax Free Bonds Options Tranche 1 Series 1 Tranche 1 Series 2 Tranche 1 Series 3 Issue Opens Friday, August 30, 2013 Issue Closes Monday, September 23, 2013* Issuer
More informationA Wholly Owned Government Company
PUBLIC ISSUE OF TAX FREE SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES of face value of ` 1,000 each having tax benefits under section 10(15) (iv) (h) Income Tax Act, 1961, as amended for an amount aggregating
More informationISSUE STRUCTURE. The key common terms and conditions of the Bonds are as follows: COMMON TERMS FOR ALL SERIES OF THE BONDS
ISSUE STRUCTURE The CBDT has, by the CBDT Notification, authorised our Company to raise the Bonds aggregating to ` 10,00,000 lakhs. Pursuant to the CBDT Notification and the Prospectus Tranche-1, our Company
More informationNote: Edelweiss Broking Ltd. is a Lead Broker to the issue; accordingly, this note is prepared based on the Prospectus for informative purpose only.
Note: Edelweiss Broking Ltd. is a Lead Broker to the issue; accordingly, this note is prepared based on the Prospectus for informative purpose only. EDELWEISS RETAIL FINANCE LIMITED Public Issue Of Secured
More informationREC Public Issue of Tax Free Bonds
HI GHLI GHTS OF TAX BENEFI TS RURAL ELECTRI FI CATI ON CORPORATI ON LI MI TED ( A Government of I ndia Undertaking) I nterest from these Bonds do not form part of Total I ncome as per provisions under
More informationNTPC Public Issue of Tax Free Bonds
HIGHLIGHTS OF TAX BENEFITS NTPC LIMITED (A Government of India Enterprise) Interest from these Bonds do not form part of total income as per provisions of Section 10 (15) (iv) (h) of Income Tax Act, 1961
More informationHOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED Public Issue of Tax Free Bonds - FAQs
HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED Public Issue of Tax Free Bonds - FAQs 1) Brief about HUDCO? HUDCO is a techno-financial institution engaged in the financing and promotion of housing and
More informationPublic Issue of India Infoline Finance Ltd. NCD
P a g e 1 Q1. What is the nature and size of issue? Issue Related FAQs Ans: Public Issue of Non-convertible Debentures (NCDs) in the nature of Sub-ordinated debt of face value of Rs. 1,000/- per bond with
More informationPublic Issue of Tax Free Secured Redeemable Non-Convertible Bonds issued by
Public Issue of Tax Free Secured Redeemable Non-Convertible Bonds issued by HIGHLIGHTS OF TAX BENEFITS In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of Section 10 of
More informationPublic Issue of Unsecured Subordinated Redeemable Non-Convertible Debentures
Public Issue of Unsecured Subordinated Redeemable Non-Convertible Debentures Issue Opens: July 17, 2017 Issue Closes: July 31, 2017 @ Srei Equipment Finance Limited Registered Office: Vishwakarma, 86C,
More informationNTPC LIMITED Public Issue Of Tax-Free Secured Redeemable Non-Convertible Bonds
NTPC LIMITED Public Issue Of Tax-Free Secured Redeemable Non-Convertible Bonds *This Note is prepared based on the Prospectus for informative purpose only ISSUE HIGHLIGHTS Issue opens: Wednesday, September
More informationA.K. Stockmart Pvt. Ltd. Public Issue of Tax Free Secured Redeemable Non Convertible Bonds by NHPC LIMITED Oct 18, Nov 11, 2013
A.K. Stockmart Pvt. Ltd. Public Issue of Tax Free Secured Redeemable Non Convertible Bonds by NHPC LIMITED Oct 18, 2013- Nov 11, 2013 NHPC LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX
More informationSECTION VI ISSUE INFORMATION ISSUE STRUCTURE
SECTION VI ISSUE INFORMATION ISSUE STRUCTURE Pursuant to the CBDT Notification, our Company is authorized to undertake the Issue. Our Company proposes to raise an amount of ` 400 crore with an option to
More informationNTPC LIMITED Public Issue Of Tax-Free Secured Redeemable Non-Convertible Bonds
Note: Edelweiss Broking Ltd. is a Sub Consortium Member to the issue; accordingly, this note is prepared based on the Prospectus for informative purpose only. NTPC LIMITED Public Issue Of Tax-Free Secured
More informationRural Electrification Corporation Limited (REC)
February 26, 2014 Rural Electrification Corporation Limited (REC) Tax Free Bond Issue Tranche II Summary: Rural Electrification Corporation Ltd (REC) has come out with its 2nd Tranche of public issue of
More informationTATA CAPITAL FINANCIAL SERVICES LIMITED
TATA CAPITAL FINANCIAL SERVICES LIMITED INVESTMENT RATIONALE: The issue offers yields ranging from 8.70% to 9.10% depending up on the Category of Investor and the option applied for. Credit Rating of"
More informationNCD Public Issue Note
Public Issue of Secured and Unsecured Redeemable Non- Convertible Debentures of Rs. 15,000 Lacs with an option to retain over subscription upto Rs. 15,000 Lacs aggregating to Rs. 30,000 Lacs by MUTHOOTTU
More informationFAQ OF SREI INFRASTRUCTURE FINANCE LIMITED -NCD Issue
FAQ OF SREI INFRASTRUCTURE FINANCE LIMITED -NCD Issue Srei Infrastructure Finance Limited is, subject to market conditions and other considerations, proposing a public issue of up to `2000 million ( Base
More informationIssue related FAQs. Q4. Tell us more about the issuer company.
Srei Infrastructure Finance Limited (the Company or the Issuer ) Public Issue of Secured, Redeemable Non-Convertible Debentures ( Debentures / NCDs ) for an amount upto ` 1,000 Million (the Issue ) Issue
More informationNTPC Limited Tax Free Bonds
NTPC Limited Tax Free Bonds Issue Opens Wednesday, September 23, 2015 Issue Closes Wednesday, September 30, 2015* Issuer NTPC Limited Issue of Bonds Public Issue by NTPC Limited ("NTPC" or "Issuer" or
More informationPublic Issue of Tax Free Secured Redeemable Non-Convertible Bonds issued by. National Highways Authority of India (NHAI)
Public Issue of Tax Free Secured Redeemable Non-Convertible Bonds issued by National Highways Authority of India (NHAI) NHAI - Tax Free Bonds A. K. Stockmart Pvt. Ltd. Public Issue of Tax Free Secured
More informationKOSAMATTAM FINANCE LIMITED
Public Issue of Secured Redeemable Non- Convertible Debentures of Rs. 15,000 Lakhs with an option to retain over subscription upto Rs. 15,000 Lakhs aggregating to Rs. 30,000 Lakhs by KOSAMATTAM FINANCE
More informationPublic Issue of Secured and Unsecured subordinated Non-Convertible Debentures
Public Issue of Secured and Unsecured subordinated Non-Convertible Debentures Issue Opens On: February 9, 2018 Issue Closes On: March 7, 2018 # Srei Infrastructure Finance Limited Registered Office: Vishwakarma,
More informationMuthoot Finance Ltd. NCD Issue 12 th August, Key Highlights of the Company. Key Financials
12 th August, 2011 CMP: Rs. 195 52 Week High: 198 52 Week Low: 150 Market Statistics NSE MUTHOOTFIN BSE 533398 Face Value (Rs) 10 Equity Shares (Cr) 37.17 Market Cap (Rs Cr) 7245 Average Volume 7 Days
More informationPrivate Placement Offer Letter: Allahabad Bank
VIII. SUMMARY TERM SHEET Issuer Issue Size Option to retain oversubscription Objects of the Issue Instrument Nature and Status of Bonds Allahabad Bank (the Bank / the Issuer ) `1000/-crore Nil Augmenting
More informationHousing and Urban Development Finance Corporation Limited (HUDCO) Public Issue of Tax Free Bonds FY2014, FAQs: Tranche - I
Housing and Urban Development Finance Corporation Limited (HUDCO) Public Issue of Tax Free Bonds FY2014, FAQs: Tranche - I 1) Give a brief on Housing and Urban Development Finance Corporation Limited (HUDCO).
More informationPublic Issue of Secured Redeemable Non Convertible Debentures
Public Issue of Secured Redeemable Non Convertible Debentures Issue Opens On: 1 st July, 2015 Issue Closes On: 20 th July, 2015 @ Srei Infrastructure Finance Limited Registered Office: Vishwakarma, 86C,
More informationFrequently Asked Questions on New Fund Offer of BHARAT 22 ETF
Frequently Asked Questions on New Fund Offer of BHARAT 22 ETF 1. What is BHARAT 22 ETF? Government of India (GOI), as part of its disinvestment programme, approved the setting up of Exchange Traded Fund
More information(10 NCDs) In multiples of ` 1, (1 NCD) (10 NCDs) (10 NCDs) (1 NCD) (1 NCD)
APPLICANT S UNDERTAKING I/We hereby agree and con rm that: 1. I/We have read, understood and agreed to the contents and terms and conditions of Shelf Prospectus and Tranche I Prospectus dated March 23,
More informationFrequently Asked Questions on Further Fund Offer (FFO) BHARAT 22 ETF. An open-ended Exchange Traded Fund investing in S&P BSE Bharat 22 Index
The information contained herein is solely for private circulation for reading/understanding of registered Advisors/ Distributors and should not be circulated to investors/prospective investors. Frequently
More informationTRACK RECORD OF THE PUBLIC ISSUES MANAGED BY THE MERCHANT BANKER IN THE LAST 3 FINANCIAL YEARS NATIONAL HIGHWAYS AUTHORITY OF INDIA
TRACK RECORD OF THE PUBLIC ISSUES MANAGED BY THE MERCHANT BANKER IN THE LAST 3 FINANCIAL YEARS NATIONAL HIGHWAYS AUTHORITY OF INDIA 1. Type of issue PUBLIC ISSUE BY NATIONAL HIGHWAYS AUTHORITY OF INDIA
More informationSRG Housing Finance Limited
Rating Rationale SRG Housing Finance Limited August, 2017 Brickwork Ratings withdraws the existing rating of the NCD of Rs. 25.00 Cr of SRG Housing Finance Limited ( SHFL or the Company ) and assigns rating
More informationGeneral Information Document for Investing in Public Issues
Last updated on, 2014 AMSONS APPARELS LIMITED (CIN: U74899DL2003PLC122266) Our Company was originally incorporated at New Delhi as Amsons Apparels Private Limited on 16 th September, 2003 under the provisions
More informationRating Rationale. Background
Rating Rationale Brickwork Ratings Assigns BWR AA+ (SO) for the Proposed Structured Redeemable Share Pledge Backed Non-Convertible Debenture issue aggregating `650 Cr of AAA Enterprises Pvt Ltd. Brickwork
More informationOthers (15% of the issue size) Coupon 11.75% 12.00% 12.00% Effective yield 11.75% 12.00% 12.00%
Issuer Issue Recommendation Acceptance Rating AA /Stable by CRISIL and ICRA AA (stable) by ICRA Sector NBFC Source: Company data, Nirmal Bang Research Details of the issue NCD Options I II III Tenor (in
More informationIssue 6 (dated 12 March 2014). Contact us at
In our last newsletter, we discussed social performance outlining the concept and elaborating the various tools in use for evaluating and benchmarking social performance. This month we present a step-by-step
More informationRationale/Description of Key Rating Drivers/Rating sensitivities:
Rating Rationale Indiabulls Housing Finance Ltd. 2 May 2018 Brickwork Ratings reaffirms the ratings for various existing debt issues of Indiabulls Housing Finance Ltd aggregating to 37,150 crs. Particulars
More informationBrickwork Ratings (BWR) assigns the rating for the proposed facility of Capital First Limited ( CFL or the Company ) as detailed below:
Rating Rationale Capital First Limited July 1 Brickwork Ratings assigns rating for the proposed unsecured subordinated of Rs. Crores and reaffirms the existing ratings for the bank facilities and various
More informationCHAPTER II - INITIAL PUBLIC OFFER ON MAIN BOARD
CHAPTER II - INITIAL PUBLIC OFFER ON MAIN BOARD PART I: ELIGIBILITY REQUIREMENTS Reference date 4. Unless otherwise provided in this Chapter, an issuer making an initial public offer of specified securities
More information*The Company raised Rs. 10,000 crores in the Tranche 1 Issue.
TRACK RECORD OF THE PUBLIC ISSUES MAGED BY ICICI BANK LIMITED AS A MERCHANT BANKER IN CURRENT FINCIAL YEAR DEWAN HOUSING FINCE CORPORATION LIMITED 1. Type of Issue Public Issue by Dewan Housing Finance
More informationPresents The Power of 30!
Presents The Power of 30! A web series of 30 episodes covering different areas of corporate, securities and financial laws for the corporate professionals across the country. COPYRIGHT The presentation
More informationREGULATORY FRAMEWORK GOVERNING INITIAL PUBLIC OFFERINGS IN INDIA
CHAPTER 4 REGULATORY FRAMEWORK GOVERNING INITIAL PUBLIC OFFERINGS IN INDIA This chapter presents the regulatory framework governing the issuance of IPOs through public offer, book building and online route.
More information5. Type of Instrument Unsecured, subordinated, non-convertible, perpetual bonds which will qualify as Additional Tier 1 Capital (the Bonds ).
Note: Any other holiday except Sunday has not been considered. Further, the bonds are perpetual in nature and do not carry redemption date. Coupon upto 10 (ten) years has been mentioned for illustrative
More informationLast Updated on November 14, 2018 vide SEBI Circular CIR/CFD/DIL/12/2013
Last Updated on November 14, 2018 vide SEBI Circular CIR/CFD/DIL/12/2013 SHUBHLAXMI JEWEL ART LIMITED Our Company was originally formed and registered as a partnership firm on July 30, 2013 at Bhavnagar,
More informationS. No. Name of the issue: MUTHOOT FINANCE LIMITED Issue opening date: August 23, Last updated on: March 31, 2014
S. No. 1 2 Name of the issue: MUTHOOT FINANCE LIMITED Issue opening date: August 23, 2011 Last updated on: March 31, 2014 Type of Issue: PUBLIC ISSUE OF SECURED NON CONVERTIBLE DEBENTURES OF FACE VALUE
More informationIndiabulls Housing Finance Limited Unaudited Financial Results Q1 FY July 18, 2013
Indiabulls Housing Finance Limited Unaudited Financial Results Q1 FY 2013-14 July 18, 2013 Safe Harbour Statement This document contains certain forward-looking statements based on current expectations
More informationIndian Receivable Trust 2019 Series 5 (Originator: Reliance Home Finance Limited)
Rating Rationale Indian Receivable Trust 2019 Series 5 (Originator: Reliance Home Finance Limited) 11 March 2019 The Ratings of BWR AAA (SO) for the Senior PTCs, issued by Indian Receivable Trust 2019
More informationSub: Disclosure in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Ref No SE/ 201819/300 i HDFC HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED wwwhdfccom December 20, 2018 BSE Limited P J Towers, Dalal Street, Mumbai 400 001 Kind Attn: Sr General Manager DCS Listing
More informationSEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009 [Previously SEBI (Disclosure and Investors Protection) Guidelines 2000]
SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2009 [Previously SEBI (Disclosure and Investors Protection) Guidelines 2000] Payel Jain Academy of Financial Services Pvt. Ltd PUBLIC OFFER-
More informationVastu Housing Finance Corporation Limited
Rating Rationale Vastu Housing Finance Corporation Limited 16 Aug 2018 Brickwork Ratings assigns and reaffirms rating for the various debt issues amounting to Rs. 900 Crores of Vastu Housing Finance Corporation
More informationTRACK RECORD OF THE PUBLIC ISSUES MANAGED BY THE MERCHANT BANKER IN THE LAST 3 FINANCIAL YEARS. India Infoline Finance Limited
TRACK RECORD OF THE PUBLIC ISSUES MANAGED BY THE MERCHANT BANKER IN THE LAST 3 FINANCIAL YEARS India Infoline Finance Limited 1. Type of issue Public Issue of Un-Secured Redeemable Non convertible Debentures
More informationTerm Sheet. Particulars Details. S. No. I. General Terms & Conditions 1 Issuer ICICI Bank Limited 2 Type of Instrument
Term Sheet Issue of unsecured subordinated perpetual Additional Tier 1 Bonds in the nature of debentures aggregating to ` 5,000 million through Private Placement. S. No. Particulars Details I. General
More informationMahindra & Mahindra Financial Services Limited
Rating Rationale Mahindra & Mahindra Financial Services Limited 12 June 2017 Brickwork Ratings assigns rating for the Proposed Unsecured issue up to ` 2000 Crores and reaffirms the existing ratings for
More informationOFFER PROCEDURE PART B. General Information Document for Investing in Public Issues
OFFER PROCEDURE PART B General Information Document for Investing in Public Issues This General Information Document highlights the key rules, processes and procedures applicable to public issues in accordance
More informationZODIAC ENERGY LIMITED
ZODIAC ENERGY LIMITED Our Company was originally incorporated as Zodiac Genset Private Limited at Ahmedabad on May 22, 1992 under the provisions of the Companies Act, 1956 vide Certificate of Incorporation
More informationKARDA CONSTRUCTIONS LIMITED
KARDA CONSTRUCTIONS LIMITED Our Company was incorporated as Karda Constructions Private Limited on September 17, 2007 as a Private Limited Company under the Companies Act, 1956 with the Registrar of Companies,
More informationLast Updated on June 04, 2018 vide SEBI Circular CIR/CFD/DIL/12/2013
Last Updated on June 04, 2018 vide SEBI Circular CIR/CFD/DIL/12/2013 PRITI INTERNATIONAL LIMITED Our Company was originally incorporated as Priti International Limited at Jodhpur, Rajasthan as a Public
More information(CIN: L65922DL2005PLC136029)
Indiabulls Housing Finance Limited (CIN: L65922DL2005PLC136029) Unaudited Consolidated Financial Results for the quarter ended June 30, 2018 (Rupees in Crores) Statement of Consolidated Financial Results
More informationJAKHARIA FABRIC LIMITED CIN: U17200MH2007PLC171939
JAKHARIA FABRIC LIMITED CIN: U17200MH2007PLC171939 Our Company was incorporated as Jakharia Fabric Private Limited on June 22, 2007, under the Companies Act, 1956 with the Registrar of Companies, Mumbai
More informationGENERAL INFORMATION DOCUMENT FOR INVESTING IN PUBLIC ISSUES
AKI INDIA LIMITED Corporate Identity Number: U19201UP1994PLC016467 Our Company was originally incorporated as AKI Leather Industries Private Limited on May 16, 1994 as a private limited company under the
More informationStandard Chartered Indian Depository Receipts Frequently Asked Questions: Table of Contents
Standard Chartered Indian Depository Receipts Frequently Asked Questions: Table of Contents The IDR Facility... 1 Rights of IDR Holders... 2 Ownership and Trading of IDRs... 3 IDR Fees... 4 Other Questions
More informationMANAPPURAM FINANCE LIMITED
Tranche 1 Prospectus October 16, 2018 MANAPPURAM FINANCE LIMITED Manappuram Finance Limited (our Company ) was incorporated as Manappuram General Finance and Leasing Limited on July 15, 1992 at Thrissur,
More informationAPOLLO MICRO SYSTEMS LIMITED
APOLLO MICRO SYSTEMS LIMITED Our Company was incorporated as Apollo Micro Systems Private Limited on March 3, 1997 in Hyderabad as a private limited company, under the Companies Act, 1956 and was granted
More informationThe SEBI ICDR and Listing Regulations checklists
The SEBI ICDR and Listing Regulations checklists February 2018 KPMG.com/in Foreword Introduction Planning for an IPO is like conducting a symphony it has several facets, each intrinsically linked to the
More informationMahindra and Mahindra Financial Services Ltd. 30 May 2018
Rating Rationale Mahindra and Mahindra Financial Services Ltd. 30 May 2018 Brickwork Ratings reaffirms BWR AAA (Stable) ratings for Mahindra and Mahindra Financial Services Ltd. s (hereafter referred to
More informationPrivate Placement Offer Letter: Allahabad Bank
VIII. SUMMARY TERM SHEET Security Name 11.15 % Allahabad Bank Basel III AT 1Perpetual Bonds Series I Issuer Allahabad Bank (the Bank / the Issuer ) Issue Size 200 crore with a green shoe option of 800
More informationMARINE ELECTRICALS (INDIA) LIMITED
MARINE ELECTRICALS (INDIA) LIMITED Our Company was incorporated pursuant to a certificate of incorporation dated December 04, 2007 issued by the Registrar of Companies, Maharashtra Mumbai at Maharashtra
More informationTANVI FOODS (INDIA) LIMITED U15433TG2007PLC053406
TANVI FOODS (INDIA) LIMITED U15433TG2007PLC053406 Our Company was incorporated as Tanvi Foods Private Limited on March 30, 2007 under the Companies Act, 1956 with the Registrar of Companies, Hyderabad
More informationRegistered and Corporate Office: 2 nd Floor, Muthoot Chambers, Website:
APPLICANT S UNDERTAKING I/We hereby agree and confi rm that: 1. I/We have read, understood and agreed to the contents and terms and conditions of Shelf Prospectus and Tranche I Prospectus dated March 23,
More informationSIMPLEX INFRASTRUCTURES LIMITED
' HOUSE', 27, SHAKESPEARE SARAN I, KOLKATA- 700 01 7 (INDIA) E-mail : slmplexkolkata@simplexinfra.nel, WEBSITE : www.simplexinfrastructures.com ADDENDUM -II To the Shelf Disclosure dated October 29l2013.
More informationFrequently Asked Questions on Additional Offering Period
Frequently Asked Questions on Additional Offering Period An open-ended Exchange Traded Fund investing in S&P BSE Bharat 22 Index PRODUCT 1. What is the launch date of Additional Offering Period for BHARAT
More informationGENERAL INFORMATION DOCUMENT FOR INVESTING IN PUBLIC ISSUES / OFFERS
ARIHANT INSTITUTE LIMITED CIN: U80301GJ2007PLC050413 Our Company was originally incorporated on March 30, 2007 as Arihant Institute Private Limited vide Registration no. 050413 (CIN: U80301GJ2007PTC050413)
More information