ISSUE STRUCTURE. Strategies
|
|
- Rosalind Short
- 6 years ago
- Views:
Transcription
1 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* * 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 duly authorised committee of the Board constituted by resolution of the Board dated July 25, In the event of such early closure of or extension subscription list of the Issue, our 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 BSE, 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 BSE. Company Profile: Largest gold financing company in India in terms of loan portfolio* Systemically Important Non deposit taking NBFC Track record of over 74 years Customers includes small businessmen, vendors, traders, farmers and salaried individuals Pan-India presence through 4,270 branches Total employee strength was approximately 24,140 as of June 30, 2014 * Source: IMaCS Industry Report, (2012 Update) Financial Highlights: Total Gold Loan under Management grew from Rs. 3,300 cr in FY09 to Rs. 21,618 cr in FY14 Total Income of ` 4,947 cr & Profit After Tax of ` 780 cr for FY 2014 Gross NPA of 1.90% of gross retail loan portfolio under management as on March 31, 2014 Capital Adequacy Ratio (CAR) of 24.69% as on March 31, 2014 Strengths Market leading position in the Gold Loan business in India with pan-india reach and branch network Strong brand name, track record, management expertise and Promoter support High-quality customer service and robust operating systems Strong capital raising ability to fund a high profitability business model In-house training capabilities to meet branch expansion requirements Strategies Expand branch network and visibility to maintain market leadership position Strengthening of market leadership position in Southern Indian states along with expansion of branch network & visibility in other regions of India, particularly in Northern India Target new customer segments to include upper-middle income and upper income groups in addition to lower and middle income groups Access low-cost and diversified sources of funds Strengthen operating processes and risk management systems ISSUE STRUCTURE Particulars Terms and Conditions
2 Minimum Application Size Mode of allotment Terms of Payment Trading Lot Who can apply.00(10ncds) (for all Options of NCDs, namely Option I, Option II, Option III, Option IV, Option V, Option VI, Option VII, Option VIII, Option IX, Option X and Option XI either taken individually or collectively) NCDs will be issued in both physical as well as dematerialised form. Trading in the NCDs will however take place compulsorily in dematerialised form. Please note, however, that Applicants cannot apply for Allotment of NCDs under Options VII, VIII, IX, X and XI in physical form. Full amount on application 1 (one) NCD Category I Public financial institutions, statutory corporations, commercial banks, co-operative banks and RRBs which are authorised to invest in the NCDs; Provident funds, pension funds, superannuation funds and gratuity funds, which are authorised to invest in the NCDs; Venture Capital Funds registered with SEBI; Insurance Companies; 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 Posts, the Union of India; National Investment Fund; and Mutual Funds. Category II Companies; bodies corporate and societies registered under the applicable laws in India and authorised to invest in the NCDs; Public/private charitable/religious trusts which are authorised to invest in the NCDs; Scientific and/or industrial research organisations, which are authorised to invest in the NCDs; Partnership firms in the name of the partners; and Limited liability partnerships formed and registered under the provisions of the Limited Liability Partnership Act, 2008 (No. 6 of 2009) Category III Resident Indian individuals and Hindu Undivided Families through the Karta
3 Issuer Lead Manager Debenture Trustee Registrar to the Issue Type and nature of instrument Face Value (in ` / NCD) Issue Price (in ` / NCD) Minimum application In multiples of Seniority Mode of Issue Issue Stock Exchange for listing Mode of Allotment and Trading Muthoot Finance Limited ICICI Securities Limited IDBI Trusteeship Services Limited Link Intime India Private Limited Secured Redeemable NCDs and Unsecured Redeemable NCDs 1, , (for all options of NCDs, namely Option I, Option II, Option III, Option IV, Option V, Option VI, Option VII, Option VIII, Option IX, Option X and Option XI either taken individually or collectively) Senior (to clarify, the claims of the Secured NCD Holders shall be superior to the claims of any unsecured creditors, subject to applicable statutory and/or regulatory requirements). The Secured NCDs would constitute secured obligations of ours and shall rank pari passu inter se, present and future and subject to any obligations under applicable statutory and/or regulatory requirements, shall also, with regard to the amount invested, be secured by way of first pari passu charge on the identified immovable property and a first pari passu charge on current assets, book debts, loans and advances, and receivables including gold loan receivables, both present and future, of our Company. No security will be created for Unsecured NCD in the nature of Subordinated Debt Public Issue Public Issue by the Company of Secured NCDs and Unsecured NCDs aggregating upto ` 2, million with an option to retain over-subscription upto ` 2, million for issuance of additional Secured NCDs and Unsecured NCDs aggregating to a total of upto ` 4, million. The Unsecured NCDs will be in the nature of Subordinated Debt and will be eligible for Tier II capital. BSE NCDs will be issued in both physical as well as dematerialised form. Trading in the NCDs will however take place compulsorily in dematerialised form. Please note, however, that Applicants cannot apply for Allotment of NCDs under Options VII, VIII, IX, X and XI in physical form.
4 Trading Lot Depositories Security Rating Issue Size Pay-in date Application money Record Date Issue Schedule 1 NCD NSDL and CDSL Security for the purpose of this Issue will be created in accordance with the terms of the Secured Debenture Trust Deed. Rating agency ICRA Instrument NCDs including Subordinat ed Debt Rating symbol Date of credit rating letter Amount rated [ICRA]AA- October 31, 2014 Rs. 4, million Rating definition Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk. The ratings provided by ICRA may be suspended, withdrawn or revised at any time by the assigning rating agency and should be evaluated independently of any other rating. These ratings are not a recommendation to buy, sell or hold securities and investors should take their own decisions. Issue of Secured NCDs and Unsecured NCDs aggregating upto ` 2, million with an option to retain oversubscription upto ` 2, million for issuance of additional Secured NCDs and Unsecured NCDs aggregating to a total of upto ` 4, million. Base Issue of ` 2, million. 3 (three) Business Days from the date of upload of application in the book building system of BSE or the date of realisation of the cheques/demand drafts, whichever is later. The entire application amount is payable on submitting the application. The Record Date for payment of interest in connection with the NCDs or repayment of principal in connection therewith shall be 15 days prior to the date on which interest is due and payable, and/or the date of redemption. Provided that trading in the NCDs shall remain suspended between the aforementioned Record Date in connection with redemption of NCDs and the date of redemption or as prescribed by the Stock Exchange, as the case may be. In case Record Date falls on a day when Stock Exchange is having a trading holiday, the immediate subsequent trading day will be deemed as the Record Date. The Issue shall be open from November 19, 2014 to December 18, 2014 with an option to close earlier and/or extend upto a period as may be determined by a duly authorised committee of the Board constituted by resolution of the Board dated July 25, Issue Opening November 19, 2014 Issue Closing December 18, 2014
5 TERMS OF THE ISSUE Terms and conditions in connection with Secured NCDs Options I II III IV V VI VII VIII IX X Frequency of Interest Payment Monthly * Monthly * Monthly * Annually ** Annually ** Annually ** NA NA NA NA Who can apply All categories of investors (Category I, II and III) Minimum Application In multiples of Face Value of NCDs (` / NCD) Issue Price (` / NCD) Tenor from Deemed Date of Allotment 24 months 36months 60 months 24 months 36 months 60 months 400 days 24 months 36 months 60 months Base Coupon Rate (% per annum) (A) Category I % 10.25% 10.00% 10.25% 10.50% 10.25% Category II- Non 10.00% 10.25% 10.00% 10.25% 10.50% 10.25% Category III- Individual 10.00% 10.25% 10.00% 10.25% 10.50% 10.25% NA Additional incentive on Base Coupon Rate (% per annum) on any Record Date as applicable to Category II and Category III investors (B) Category II- Non 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% Category III- 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% Individuals Coupon Rate (Aggregate of the Base Coupon Rate and the additional incentive on the Base Coupon Rate on any Record Date as applicable to Category II and Category III investors {(A) + (B)}) Category I % 10.25% 10.00% 10.25% 10.50% 10.25% Category II- Non 10.75% 11.00% 10.75% 11.00% 11.25% 11.00% Category III % 11.00% 10.75% 11.00% 11.25% 11.00% Individuals
6 Effective Yield (Per annum) ***** Category I % 10.25% 10.00% 10.25% 10.50% 10.25% 9.50% 10.00% 10.25% 10.25% Category II- Non 10.75% 11.00% 10.75% 11.00% 11.25% 11.00% 10.25% 10.75% 11.00% 11.00% Category III- Individual 10.75% 11.00% 10.75% 11.00% 11.25% 11.00% 10.25% 10.75% 11.00% 11.00% Mode of Through various options available Payment Amount (` / NCD) on Maturity *** Category I- ` 1,000 ` 1,000 ` 1,000 ` 1,000 ` 1,000 ` 1,000 ` 1, ` 1, ` 1, ` 1, Category II- Non ` 1,000 ` 1,000 ` 1,000 ` 1,000 ` 1,000 ` 1,000 ` 1, ` 1, ` 1, ` 1, Category III- ` 1,000 ` 1,000 ` 1,000 ` 1,000 ` 1,000 ` 1,000 ` 1, ` 1, ` 1, ` 1, Individual Maturity Date (From Deemed Date of Allotment) 24 months 36 months 60 months 24 months 36 months 60 months 400 days 24 months 36 months 60 months Nature of Secured and non-convertible indebtedness * With respect to Options where interest is to be paid on a monthly basis, relevant interest will be calculated from the first day till the last date of every month during the tenor of such Secured NCDs, and paid on the first day of every subsequent month. For the first interest payment for Secured NCDs under the monthly options, interest from the Deemed Date of Allotment till the last day of the subsequent month will be clubbed and paid on the first day of the month next to that subsequent month. ** With respect to Options where interest is to be paid on an annual basis, relevant interest will be paid on each anniversary of the Deemed Date of Allotment on the face value of the Secured NCDs. The last interest payment under annual Options will be made at the time of redemption of the Secured NCDs. *** Subject to applicable tax deducted at source, if any **** Please refer to Schedule A for details pertaining to the cash flows of the Company in accordance with the SEBI circular bearing number CIR/IMD/DF/18/2013 dated October 29, ***** On Options I, II and III, monthly interest payment is not assumed to be reinvested for the purpose of calculation of Effective Yield (per annum). Please Note that you cannot apply for Options VII, VIII, IX, X and XI in physical form.
7 Terms and conditions in connection with Unsecured NCDs Option XI Frequency of Interest Payment NA Who can apply All categories of investors (Category I, II and III) Minimum Application In multiples of ` 1,000 Face Value of NCDs (` / NCD) Issue Price (` / NCD) Tenor from Deemed Date of Allotment 78 months Base Coupon Rate (% per annum) (A) Category I- Category II- Non Category III- Individual Additional incentive on Base Coupon Rate (% per annum) on any Record Date as applicable to Category II and Category III investors (B) Category II- Non Category III- Individuals Coupon Rate (Aggregate of the Base Coupon Rate and the additional incentive on the Base Coupon Rate on any Record Date as applicable to Category II and Category III investors {(A) + (B)}) Category I- Category II- Non Category III- Individuals Effective Yield (Per annum) Category I % Category II- Non 11.23% Category III- Individual 11.23% Mode of Payment Through various options available Amount (` / NCD) on Maturity* Category I- ` 1, Category II- Non ` 2,000 Category III- Individual ` 2,000 Maturity Date (From Deemed Date of Allotment) 78 months Nature of indebtedness Unsecured and non- convertible * Subject to applicable tax deducted at source, if any For further details, please refer to the prospectus dated May 20, 2014
PUBLIC 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 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 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 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 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 informationNCD - 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 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 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 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 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 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 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 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 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 information07-Jan Jan-2019
Public Issue of Secured Redeemable Non-Convertible Debentures ------------------------------------------------------------------------------------------------------ Issue Opens on 07-Jan-2019 ---------------------------------------------------
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. 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 informationINDIABULLS HOUSING FINANCE LIMITED (IBHFL)
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
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 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 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 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 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 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 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 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 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 (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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 informationØððÜÃðóÚð Ñð òãðøðõòãð ðøü òãðòððùðúð ðð Àá Securities and Exchange Board of India
To, All Depositories All Stock Exchanges All Credit Rating Agencies All Debenture Trustees All Issuers, through stock exchanges, where they are listed. CIR/IMD/DF/17/2013 October 22, 2013 Dear Sir/ Madam,
More informationLONG TERM (SUBORDINATED) DEPOSITS- SERIES-II
Regd. Office :Mohan Terrace. 64/72, Mody Street, Mumbai- 400 001 Central Office: MARUTAGIRI, Plot No. 13/9A, Samant Estate, Sonawala Road, Goregaon (East), Mumbai- 400 063 Contact: 022-6189 0000 (B) Email:
More informationADDITIONAL SHAREHOLDER INFORMATION
ADDITIONAL SHAREHOLDER INFORMATION ANNUAL GENERAL MEETING Date: Tuesday, July 29, 2014 Time: 2.00 p.m. Venue: The Music Academy New No. 168 (Old No. 306), T.T.K. Road, Royapettah, Chennai - 600 014. FINANCIAL
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 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 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 informationAcceptance of Deposits by Companies - CA.B. Kalyan Srinath,
Acceptance of Deposits by Companies - CA.B. Kalyan Srinath, sbkalyan@gmail.com 1. Introduction: The Companies Act, 2013 was assented by the President of India on 29, August 2013 and Published in the Official
More informationSub: Disclosure in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Ref. No. SE/ 2018-19/274.i HDFC HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED www.hdfc.com November 26, 2018 BSELimited P. J. Towers, Dalal Street, Mumbai 400 00 I Kind Attn: Sr. General Manager DCS
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 informationNote. Detailed Procedure for Listing of Privately Placed Debentures. Aman Nijhawan Niddhi Parmar
Detailed Procedure for Listing of Privately Placed Debentures Aman Nijhawan aman@vinodkothari.com Niddhi Parmar mt@vinodkothari.com Vinod Kothari & Company Corporate Law Services Group corplaw@vinodkothari.com
More informationTerms And Conditions Governing Investment In Sovereign Gold Bonds
Terms And Conditions Governing Investment In Sovereign Gold Bonds The Client understands that the Client can invest in Sovereign Gold Bonds (SGB), through the website www.icicidirect.com on the terms and
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 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 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 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 informationFor Office Use Only Registered Office: Srei Equipment Finance Limited Vishwakarma, 86C Topsia Road (South), Kolkata 700046 Tel: (033) 61607734 Fax: (033) 6602 2455; Website: www.srei.com Date of Receipt
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 informationOFFER DOCUMENT ISSUE OF LONG TERM (SUBORDINATED) DEPOSITS (LTD) (Series-V) UNDER LOWER TIER - II CAPITAL.
Registered and Corporate Office:- Corporate Center, Ekanath Thakur Bhavan, Plot No. 953, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025 Tel. No. : +91-22 - 6600 5555 Website : www.saraswatbank.com
More information5 Listing (including name of stock Exchange(s) where it will be listed and timeline for listing)
Term Sheet 1 Security Name PSB AT1 Bond: Series I 2 Issuer Punjab and Sind Bank ( P&SB / the Issuer / the Bank ). 3 Issue Size Rs.300 crores with an option to retain over subscription of up to Rs 700 crore
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 informationSBI Capital Markets Ltd, AK capital Services Ltd, ICICI Securities, Kotak Invest Banking
Issuer Issue Recommendation Acceptance Public Issue of tax free NCDs aggregating to Rs.5000 crs with an option to retain oversubscription upto Rs.5000 crs for issuance of additional NCDs. SUBSCRIBE ON
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 informationAPPLICATION FORM (For Bonds / Debentures / PTCs)
APPLICATION FORM (For Bonds / Debentures / PTCs) [To be printed on the issuing company s letter head] To Managing Director Central Depository Services (India) Ltd. 28 th Floor, P J Towers Dalal Street,
More informationObjects of the Issue
Recommendation SUBSCRIBE Background Price Band Rs. 160 175 Bidding Date Book Running Lead Manager Registrar Sector 18 th Apr 21 th Apr ICICI Sec, Kotak Mahindra Link Intime India Pvt Ltd Retail Application
More informationPOLICY ON RESOURCE PLANNING
POLICY ON RESOURCE PLANNING (Last Amended in the Board dated 8th February 2017) Brief back ground The company, Manappuram Finance Limited is a Non-Deposit taking Non Banking Financial institution operating
More information2 3 4 5 MISSION 47% 6 7 8 9 MISSION 10 11 12 13 14 15 TOTAL INCOME (` IN CRORES) 3,083 2,056 623 934 1,103 1,323 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 NET PROFIT (` IN CRORES) 343 450 194 241
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 informationPromoters and Promoter Group Holdings Non Institution 7 -
MUTHOOT FINANCE Ltd. (MFL) IPO note SUBSCRIBE 18 th Apr, 2011 Issue at a Glance Issue Summary Total Issue of Shares (Cr) 5.15 QIB Investors (Cr) 1.80 Non -Institutional Investors (Cr) 0.77 Retail Investors
More informationFor Office Use Only Date of Receipt of Application / / 1 6 Registered Office: Vishwakarma, 86C Topsia Road (South), Kolkata Tel: (033)
For Office Use Only Date of Receipt of Application / / 1 6 Registered Office: Vishwakarma, 86C Topsia Road (South), Kolkata 700046 Tel: (033) 61607734 Fax: (033) 6602 2455; Website: www.srei.com Date of
More informationListing Requirements Secondary Listing- Exclusively Listed on Regional Stock Exchange
Listing Requirements Secondary Listing- Exclusively Listed on Regional Stock Exchange Criteria for Secondary Listing The applicant Company whose securities that are proposed for secondary listing shall
More informationFor Office Use Only Date of Receipt of Application / / 1 6 Registered Office: Vishwakarma, 86C Topsia Road (South), Kolkata 700046 Tel: (033) 61607734 Fax: (033) 6602 2455; Website: www.srei.com Date of
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 informationSub: Disclosure in terms of Regulation 50 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
E-th~r Ki {?~~t July 24, 2018 The SSE Limited, Listing Department, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 540173 Kind Attention National Stock Exchange of India Limited,
More informationn(_f> L1rn1l C-:Jhc'..r Ki B"-"-t
n(_f> L1rn1l C-:Jhc'..r Ki B"-"-t February 27, 2019 The BSE Limited, Listing Department, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 Scrip Code: 540173 Kind Attention National Stock Exchange
More informationon March 14, 1997 Registrar of History and Main Objects GENERAL RISK REGISTRAR TO THE LINK L.B.S. Marg, Bhandup (West)
Prospectus August 31, 2015 MUTHOOT FINANCE LIMITED Our Company was originally incorporated as a private limited company on March 14, 1997 under the provisions of the Companies Act, 1956 with corporate
More informationSub: Intimation on the outcome of the Board meeting dated 18 th January 2013
January 18, 2013 NSE / BSE NSDL / CDSL / WDM Dear Sirs, Sub: Intimation on the outcome of the Board meeting dated 18 th January 2013 Kindly refer our letters dated 9 th January 2013 and 15 th January 2013,
More informationIDMD.PCD. 04 / / July 1, 2013
RBI/2013-14/105 IDMD.PCD. 04 /14.01.02/2013-14 July 1, 2013 All market participants Dear Sir/Madam, Master Circular - Guidelines for Issue of Commercial Paper Commercial Paper (CP), an unsecured money
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 information3. Schedule for submission of Tender / RFQ:
CORPORATION BANK INVESTOR SERVICES DEPARTMENT Ref. No. ISD/ 634 /2014-15 10 th February 2015 Dear Arranger / Merchant Banker, Sub : Invitation of Bids for the Bank s proposed Unsecured Non Convertible
More informationSECTION II : RISK FACTORS...1 SECTION III : INTRODUCTION...20
TABLE OF CONTENTS SECTION I : GENERAL...i Definitions / Abbreviations...i Forward Looking Statements... viii SECTION II : RISK FACTORS...1 SECTION III : INTRODUCTION...20 General Information...20 Summary
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