NTPC LIMITED Public Issue Of Tax-Free Secured Redeemable Non-Convertible Bonds

Size: px
Start display at page:

Download "NTPC LIMITED Public Issue Of Tax-Free Secured Redeemable Non-Convertible Bonds"

Transcription

1 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 23, 2015 Issue closes: Wednesday, September 30, 2015 Allotment: First Come First Serve Basis Face Value: Rs per Bond Issue Price: Rs.1000 per Bond Lead Manager: Edelweiss Financial Services Ltd. A. K. Capital services Ltd., Axis Capital Ltd. & SBI Capital Markets Ltd. Registrar: Karvy Computershare Pvt. Ltd. Issue Size: Rs. 700 Crs Issue Break up: Minimum Application: Maximum Application: Listing: Issuance & Trading: Rating: 5 Bonds (Rs.5,000) & in the multiple of One Bond (Rs.1,000) thereafter 1000 Bonds & Rs.10 Lakhs for Retail Category BSE & NSE In Demat Form AAA Issue Size (Amt in Crs) Category Allocation Base Issue Shelf Limit QIB 10% Corporate 25% HNI 25% Retail 40% Total 100% Risk Profile Low Risk Product Type Tax Free Bond Rating Recommendation 10 Years 15 Years 20 Years Retail* Others** Retail* Others** Retail* Others** AAA Retail Option 7.36% 7.11% 7.53% 7.28% 7.62% 7.37% * Retail Option for individuals if application is for 10 lacs or less * *Others include QIBs, Corporate HNI's Payment Details: In case of Resident Applicants: NTPC Bonds 2015 Escrow Account In case of NRIs applying on a non-repatriation basis: NTPC Bonds 2015 Escrow Account NRI Special Note: Applications not uploaded in the Stock Exchange Platform would be rejected Please write the sole/first Applicant s name, phone no. Application no. on the reverse of Cheque/DD. Credit rating: [ICRA] AAA (Stable) by ICRA, CRISIL AAA by CRISIL^, CARE AAA (Triple A) by CARE. Highlights of Tax Benefits 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 read along with Section 14A(1) of the Income Tax Act. Since the interest income on the bonds is exempt, no tax deduction at source( TDS ) is required. However interest on application money would be liable for TDS as well as would be subject to tax as per present tax laws. Wealth tax has been abolished w.e.f. financial year i.e. assessment year Company Brief NTPC is a Government company, which was conferred Navaratna status by the Government of India in 1997 upgraded to Maharatna status in NTPC, the largest power producer in India in terms of both installed capacity generation, with aggregate installed capacity of 44,398 MW (including 38,202 MW through directly owned units 6,196 MW through Subsidiaries Joint Ventures) as on March 31, While NTPCs core business is the generation sale of electricity in India, the Company is a diversified integrated player in the power sector, as NTPC is also engaged in various other complementary businesses, seeking to support its core business to leverage its technical operational skills as well as its client knowledge base in India abroad. NTPCs complementary activities, conducted in some cases through its Subsidiaries Joint Ventures, include project consultancy (including services such as engineering, operation maintenance management, project management, contracts procurement management, quality management, training development), power trading, electricity distribution manufacture of equipment used in the power business.

2 Comparison Of Various Debt Investments Parameters TFB FDs Postal Schemes Safety-Risk Secured, pari-passu charge. Relatively very low Risk. Quasi Sovereign Moderate (Bank FD) to High Risk (Private Cos FD). Sovereign Risk. Safe. Liquidity Listed, tradable Not tradable, penal interest if liquidated Not Liquid Capital Appreciation Possible - Linked with interest movement Nil Nil Specific Terms For Each Series Of Bonds Options Option 1 Option 2 Option 3 Tenure of Bonds 10 years 15 years 20 years Maturity/Redemption Date 10 years from Deemed Date 15 years from Deemed Date 20 years from Deemed Date Coupon Rates for Category I, II III# Series of Bonds* Series 1A Series 2A Series 3A Coupon Rate (%) p.a. 7.11% 7.28% 7.37% Annualized Yield (%) p.a. 7.11% 7.28% 7.37% Coupon Rates for Category IV Series of Bonds Series 1B Series 2B Series 3B Coupon Rate (%) per annum 7.36% 7.53% 7.62% Annualized Yield (%) p.a. 7.36% 7.53% 7.62% * The Company shall allot Series 1A / Series 1B (depending upon the category of Applicants) for all valid applications, wherein the Applicants have not indicated their choice of the relevant Series of Bonds. # Pursuant to the CBDT Notification for avoidance of doubt, it is clarified as under: a. The coupon rates indicated under Series 1B, Series 2B Series 3B shall be payable only on the Retail Individual Investor Portion in the Issue. Such coupon is payable only if on the Record Date for payment of interest, the Bonds are held by investors falling under the Retail Individual Investor Category/Category IV; b. If the Bonds allotted against Series 1B, Series 2B Series 3B are transferred by Retail Individual Investors to Non- Retail Individual Investors, being Category I, Category II Category III investors, the coupon rate on such Bonds shall st at par with coupon rate applicable on Series 1A, Series 2A Series 3A respectively; c. If the Bonds allotted against Series 1B, Series 2B Series 3B are sold/transferred by the Retail Individual Investors to investor(s) who fall under the Retail Individual Investor category as on the Record Date for payment of interest, then the coupon rates on such Bonds shall remain unchanged; d. If on any Record Date, the original Retail Individual Investor Allotee(s)/transferee(s) hold the Bonds under Series 1A, Series 1B, Series 2A, Series 2B, Series 3A Series 3B for an aggregate face value amount of over ` 10 lakh, then the coupon rate applicable to such Retail Individual Investor Allottee(s)/transferee(s) on Bonds under Series 1B, Series 2B, Series 3B shall st at par with coupon rate applicable on Series 1A, Series 2A, Series 3A, respectively; e. Bonds Allotted under Series 1A, Series 2A Series 3A shall carry coupon rates indicated above until the maturity of the respective Series of Bonds irrespective of category of holder(s) of such Bonds; f. For the purpose of classification verification of status of the eligibility of a Bondholder under the Retail Individual Investorcategory, the aggregate face value of Bonds held by the Bondholders in all the Series of Bonds Allotted under the Issue shall aggregated on the basis of PAN. Under subscription / Over Subscription Under Subscription: If there is any under subscription in any Portion (while other Portions are oversubscribed), priority in Allotments will be given in the following order (in decreasing order of priority): (a) Retail Individual Investor Portion; (b) High Net worth Individual Portion; (c) Corporate Portion; followed by (d) QIB Portion. Over Subscription: In case of over-subscription, Allotments to the maximum extent possible, will be made on a first-comefirst- serve basis thereafter on a proportionate basis in each Portion, determined based on the date of upload of each Application into the electronic system of the Stock Exchanges, meaning full Allotment of Bonds to the Applicants on a first-come-first- serve basis up to the date falling one day prior to the date of over-subscription proportionate Allotment of Bonds to the Applicants on the date of oversubscription.

3 COMMON TERMS AND CONDITIONS FOR ALL SERIES OF THE BONDS Issuer Issuance mode Trading mode Interest on Application Monies received which are used towards Allotment of Bonds NTPC Limited In dematerialized form only* In dematerialized form only* Interest on Application Amounts against which Bonds are Allotted to Applicants will be paid at the rate of 7.36% per annum, 7.53% per annum 7.62% per annum on Series 1B, Series 2B Series 3B, respectively, at the rate of 7.11% per annum, 7.28% per annum 7.37% per annum on Series 1A, Series 2A Series 3A, respectively, subject to deduction of income tax under the Income Tax Act, from the date of realization of Application Amount through cheque(s)/dem draft(s) up to one day prior to the Deemed Date. In the event that the date of realization of the cheque(s)/dem draft(s) is not ascertainable in terms of banking records, we shall pay interest on Application Amounts from three Working Days from the date of upload of each Application on the electronic Application platform of the Stock Exchanges up to one day prior to the Deemed Date, at the aforementioned rate. We may enter into an arrangement with one or more banks in one or more cities for direct credit of interest to the account of the Applicants. Alternatively, the interest warrant will be dispatched along with the Allotment Advice at the sole risk of the Applicant, to the sole/first Applicant. A tax deduction certificate will be issued for the amount of income tax deducted on such payments. However, the Company shall not be liable to pay any interest on Application Amounts in case of (a) ASBA Applications (b) monies paid in excess of the amount of Bonds applied for in the Application Form. Interest on Application Monies received which are liable to be refunded Interest on Application Amounts which are liable to be refunded to Applicants will be paid at the rate of 5% per annum, subject to deduction of income tax under the Income Tax Act, from the date of realization of Application Amount through cheque(s)/dem draft(s) up to one day prior to the Deemed Date. In the event that the date of realization of the cheque(s)/dem draft(s) is not ascertainable in terms of banking records, we shall pay interest on Application Amounts from three Working Days from the date of upload of each Application on the electronic Application platform of the Stock Exchanges up to one day prior to the Deemed Date, at the aforementioned rate. Such interest, shall be paid along with the monies liable to be Refunded. Interest warrants will be dispatched/credited (in case of electronic payment) along with the Refund Orders at the sole risk of the Applicant, to the sole/first Applicant. A tax deduction certificate will be issued for the amount of income tax deducted on such payments. However, the Company shall not be liable to pay any interest on Application Amounts liable to be refunded in case of (a) ASBA Applications; (b) invalid Applications or Applications liable to be rejected; (c) Applications that are withdrawn by the Applicants; (d) monies paid in excess of the amount of Bonds applied for in the Application Form. Record Date Date falling 15 days prior to the relevant Coupon/Interest Payment Date on which interest amount or the Redemption Dates/Maturity Dates for each Series of Bonds on which the Maturity Amount is due payable under the terms of the Prospectus. In the event that the Record Date falls on a Sunday or a holiday of Depositories, the succeeding Working Day or a date notified by the Company to the stock exchanges shall be considered as the Record Date Deemed Date The date on which the Board approves the Allotment of Bonds for the Issue or such date as may be determined by the Board notified to the Designated Stock Exchange. All benefits accruing in relation to the Bonds including interest on Bonds shall be available from Deemed Date of Allotment. Actual Allotment of Bonds may occur on a date later than Deemed Date

4 Who Can Apply I (QIB)* II (Corporate)* III (HNI) IV (RII) Reservation Portion 10% 25% 25% 40% PFIs as defined in Section 2(72) of the Companies Act 2013; Alternative Investment Funds; Scheduled commercial banks; MFs registered with SEBI; State industrial development corporations; Insurance companies registered with the IRDA; Provident funds with a minimum corpus of Rs. 25 crore; Pension funds with a minimum corpus of Rs. 25 crore; The National Investment Fund set up by resolution F. No. 2/3/2005-DD-II dated November 23, 2005 of the GoI, published in the Gazette of India; Insurance funds set up managed by the army, navy, or air force of the Union of India; Insurance funds set up managed by the Department of Posts, India, subject to such being authorized to invest in the Bonds. Companies falling within the meaning of Section 2(20) of the Companies Act 2013; Limited liability partnerships, statutory corporations, trusts, partnership firms in the name of their respective partners, associations of persons, co-operative banks, regional rural banks, societies registered under the applicable laws in India other legal entities constituted /or registered under applicable laws in India, that are authorized to invest in Bonds by their respective constitutional /or charter documents, subject to compliance with respective applicable laws. Investors falling under the following categories applying for an amount aggregating to more than Rs. 10 lakh across all Series of Bonds in the Issue: Resident Individual Investors; NRIs applying on a non-repatriation basis only; HUFs applying in the name of their respective kartas. Investors falling under the following categories applying for an amount aggregating up to including Rs. 10 lakh across all Series of Bonds in the Issue: Resident Individual Investors; NRIs applying on a nonrepatriation basis only; HUFs applying in the name of karta. * See general circular (No. 6/2015) dated April 9, 2015 issued by the MCA clarifying that in cases where the effective yield (effective rate of return) on tax free bonds is greater than the prevailing yield of one year, three year, five year or ten year government security closest to the tenor of the loan, there is no violation of Section 186(7) of the Companies Act, 2013.

5 Documents Required For NTPC Tax Free Bonds. Sr. No Type of Investors Documents to be submitted with application form 1 PFIs, commercial banks authorized to invest in the Bonds, companies bodies corporate registered under the applicable laws in India authorized to invest in the Bonds; State Industrial Development Corporations; Companies societies registered under the applicable laws in India authorized to invest in the Bonds The Application must be accompanied by certified true copies of: The act/rules under which they are incorporated or constituted; Board resolution authorizing investments; 2 Insurance companies registered with the IRDA The Application must be accompanied by certified copies of The act/rules under which they are incorporated; Registration documents (i.e. IRDA registration); Resolution authorizing investment containing operating instructions; Specimen signature of authorized person. 3 Provident funds, pension Funds National Investment Fund The Application must be accompanied by certified true copies of: The act/rules under which they are incorporated or constituted; Board resolution authorizing investments; 4 MFs SEBI registration certificate trust deed; Resolution authorizing investment containing operating instructions; 5 Applicants through a power of attorney under Category I II A certified copy of the power of attorney or the relevant resolution or authority, as the case may be; A certified copy of the memorum of association articles of association /or bye laws /or charter documents, as applicable; Specimen signature of power of attorney holder/authorized signatory as per the relevant resolution. 6 Resident Indian individuals under Categories III IV N.A 7 Resident HUF under Category III Category IV Self-attested copy of PAN card of HUF; Bank details of HUF, including copy of passbook/ bank statement/cancelled cheque indicating HUF status of the applicant; Self-attested copy of proof of address of karta, identity proof of karta. 8 Partnership firms in the name of the partners limited Liability partnerships The Application must be also accompanied by certified true copies of: Partnership deed; Any documents evidencing registration thereof under applicable statutory/regulatory requirements; Resolution authorizing investment containing operating instructions; Specimen signature of authorized person. 9 Applications by NRIs The Application must be also accompanied by certified true copies of: A certificate from the issuing bank confirming that the dem draft has been drawn on an NRE/NRO/FCNR account. A PIO Card (if the NRI is a Person of Indian Origin). Get in touch with us: T

NTPC LIMITED Public Issue Of Tax-Free Secured Redeemable Non-Convertible Bonds

NTPC 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 information

NTPC Public Issue of Tax Free Bonds

NTPC 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 information

NTPC Limited Tax Free Bonds

NTPC 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 information

SECTION VI ISSUE INFORMATION ISSUE STRUCTURE

SECTION 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 information

Company Highlights. Strengths. Strategies. Financials Performance

Company 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 information

RURAL ELECTRIFICATION CORPORATION LIMITED Tax Free Bonds

RURAL 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 information

REC Tax Free Bonds. RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS COMPANY PROFILE

REC 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 information

NHAI Public Issue of Tax Free Bonds Tranche II

NHAI 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 information

REC Public Issue of Tax Free Bonds

REC 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 information

Shriram City Union Finance Limited. Issue Related FAQs

Shriram 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 information

NHAI Public Issue of Tax Free Bonds

NHAI 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 information

ISSUE STRUCTURE. The key common terms and conditions of the Bonds are as follows: COMMON TERMS FOR ALL SERIES OF THE BONDS

ISSUE 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 information

`IREDA Public Issue of Tax Free Bonds

`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 information

A Wholly Owned Government Company

A 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 information

INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED A wholly owned Government of India Undertaking

INDIA 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 information

NCD - PUBLIC ISSUE NOTE

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 information

RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking)

RURAL 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 information

RURAL 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 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 information

RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking)

RURAL 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 information

REC Tax Free Bonds. RURAL ELECTRIFICATION CORPORATION LIMITED (A Government of India Undertaking) HIGHLIGHTS OF TAX BENEFITS COMPANY PROFILE

REC 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 information

India Infoline Limited

India 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 information

A.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, 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 information

HOUSING 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 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 information

Public Issue of India Infoline Finance Ltd. NCD

Public 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 information

IRFC Public Issue of Tax Free Bonds

IRFC 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 information

Bonanza Portfolio Ltd

Bonanza 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 information

INDIABULLS HOUSING FINANCE LIMITED (IBHFL)

INDIABULLS 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 information

Note: 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. 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 information

Muthoot Finance Limited Public Issue Of Secured Redeemable & Unsecured Redeemable Non-Convertible Debentures

Muthoot 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 information

ECL Finance Limited. 13-Dec Jan Public Issue of Secured Redeemable Non-Convertible Debentures. Issue Opens on.

ECL 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 information

JM Financial Credit Solutions Limite d

JM 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 information

15-Oct Oct-2018

15-Oct Oct-2018 Public Issue of Secured Redeemable Non-Convertible Debentures Shriram Transport Finance Company Limited ------------------------------------------------------------------------------------------------------

More information

Public 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) 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 information

FAQ OF SREI INFRASTRUCTURE FINANCE LIMITED -NCD Issue

FAQ 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 information

Rural Electrification Corporation Limited (REC)

Rural 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 information

Issue related FAQs. Q4. Tell us more about the issuer company.

Issue 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 information

Housing 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 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 information

Muthoot Finance Limited Public Issue Of Secured Redeemable & Unsecured Redeemable Non-Convertible Debentures

Muthoot 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 information

Indiabulls Housing Finance Limited

Indiabulls 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 information

Shriram Transport Finance Company Limited

Shriram 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 information

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 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 information

Public Issue of Tax Free Secured Redeemable Non-Convertible Bonds issued by

Public 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 information

07-Jan Jan-2019

07-Jan Jan-2019 Public Issue of Secured Redeemable Non-Convertible Debentures ------------------------------------------------------------------------------------------------------ Issue Opens on 07-Jan-2019 ---------------------------------------------------

More information

ISSUE STRUCTURE. Strategies

ISSUE 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 information

The issue offers yield ranging from % to % depending upon the series applied for and category of investor

The 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

General Information Document for Investing in Public Issues

General 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 information

Last 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 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 information

SREI EQUIPMENT FINANCE LIMITED

SREI 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 information

OFFER PROCEDURE PART B. General Information Document for Investing in Public Issues

OFFER 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 information

RELIANCE HOME FINANCE LIMITED

RELIANCE 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 information

Frequently Asked Questions on New Fund Offer of BHARAT 22 ETF

Frequently 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

JAKHARIA FABRIC LIMITED CIN: U17200MH2007PLC171939

JAKHARIA 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 information

MARINE ELECTRICALS (INDIA) LIMITED

MARINE 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 information

TANVI FOODS (INDIA) LIMITED U15433TG2007PLC053406

TANVI 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 information

Last 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 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

ZODIAC ENERGY LIMITED

ZODIAC 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 information

TRACK 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 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

Frequently Asked Questions on Further Fund Offer (FFO) BHARAT 22 ETF. An open-ended Exchange Traded Fund investing in S&P BSE Bharat 22 Index

Frequently 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 information

VALIANT ORGANICS LIMITED CIN: U24230MH2005PLC151348

VALIANT ORGANICS LIMITED CIN: U24230MH2005PLC151348 VALIANT ORGANICS LIMITED CIN: U24230MH2005PLC151348 Our Company was incorporated as Valiant Organics Private Limited on February 16, 2005 under the Companies Act, 1956 bearing Registration No. 151348 and

More information

5. Type of Instrument Unsecured, subordinated, non-convertible, perpetual bonds which will qualify as Additional Tier 1 Capital (the Bonds ).

5. 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 information

Private Placement Offer Letter: Allahabad Bank

Private 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 information

GENERAL INFORMATION DOCUMENT FOR INVESTING IN PUBLIC ISSUES

GENERAL 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 information

SBI Capital Markets Ltd, AK capital Services Ltd, ICICI Securities, Kotak Invest Banking

SBI 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 information

SEBI (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] 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 information

APOLLO MICRO SYSTEMS LIMITED

APOLLO 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 information

GENERAL INFORMATION DOCUMENT FOR INVESTING IN PUBLIC ISSUES / OFFERS

GENERAL 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

KARDA CONSTRUCTIONS LIMITED

KARDA 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 information

Sub: Disclosure in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sub: 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 information

Notice pursuant to Section 110 of the Companies Act, 2013

Notice pursuant to Section 110 of the Companies Act, 2013 Power Reliance Power Limited CIN: L40101MH1995PLC084687 Registered Office : H Block, 1st Floor Dhirubhai Ambani Knowledge City Navi Mumbai 400 710 Tel: +91 22 3303 1000, Fax: +91 22 3303 3662 E-mail: reliancepower.investors@relianceada.com

More information

HDFC Retirement Savings Fund: FAQs

HDFC Retirement Savings Fund: FAQs HDFC Retirement Savings Fund: FAQs 1. What is HDFC Retirement Savings Fund? HDFC Retirement Savings Fund, an open ended notified tax savings cum pension scheme with no assured returns, is a mutual fund

More information

Term Sheet. Particulars Details. S. No. I. General Terms & Conditions 1 Issuer ICICI Bank Limited 2 Type of Instrument

Term 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 information

Terms And Conditions Governing Investment In Sovereign Gold Bonds

Terms 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 information

Frequently Asked Questions on Additional Offering Period

Frequently 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 information

GENERAL INFORMATION DOCUMENT FOR INVESTING IN PUBLIC ISSUES

GENERAL INFORMATION DOCUMENT FOR INVESTING IN PUBLIC ISSUES AXITA COTTON LIMITED CIN: U17200GJ2013PLC076059 Registered office: Servey No. 324, 357, 358, Kadi Thol Road, Borisana, Kadi, Mahesana-382715, Gujarat Website: www.axitacotton.com; E-Mail: cs@axitacotton.com

More information

KOSAMATTAM FINANCE LIMITED

KOSAMATTAM 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 information

Issue 6 (dated 12 March 2014). Contact us at

Issue 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 information

Arranger s Stamp / Direct

Arranger s Stamp / Direct Arranger s Stamp / Direct HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED HUDCO Bhawan, Core-7A, India Habitat Centre, Lodhi Road, New Delhi 110 003 Sl.No. (to be filled by Arranger) APPLICATION FORM

More information

(10 NCDs) In multiples of ` 1, (1 NCD) (10 NCDs) (10 NCDs) (1 NCD) (1 NCD)

(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 information

SIMPLEX INFRASTRUCTURES LIMITED

SIMPLEX 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 information

Public Issue of Secured and Unsecured subordinated Non-Convertible Debentures

Public 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 information

Sub: Disclosure in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sub: 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 information

NCD Public Issue Note

NCD 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

APPLICATION FORM FOR SOVEREIGN GOLD BOND 2016

APPLICATION FORM FOR SOVEREIGN GOLD BOND 2016 APPLICATION FORM FOR SOVEREIGN GOLD BOND 2016 (Put ü wherever required) Name of Bank/ Post Office Name of Branch: Mode of Subscription Cash Cheque / DD Electronic Transfer Grams of Gold Applied for Cheque

More information

APPLICATION FORM FOR SOVEREIGN GOLD BOND Series II

APPLICATION FORM FOR SOVEREIGN GOLD BOND Series II APPLICATION FORM FOR SOVEREIGN GOLD BOND 2017-18 Series II (Put wherever required) Name of Receiving Office Name of Branch: Mode of Subscription Cash Cheque / DD Electronic Transfer Grams of Gold Applied

More information

Standard Chartered Indian Depository Receipts Frequently Asked Questions: Table of Contents

Standard 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 information

(To be filled by Participant)

(To be filled by Participant) ANNEXURE J Participant Name, & DP Id (Pre-printed) APPLICATION FOR OPENING AN ACCOUNT (For Individuals Only) Client Id Date : (To be filled by Participant) I/We request you to open a depository account

More information

Note. Detailed Procedure for Listing of Privately Placed Debentures. Aman Nijhawan Niddhi Parmar

Note. 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 information

Private Placement Offer Letter: Allahabad Bank

Private 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 information

TATA CAPITAL FINANCIAL SERVICES LIMITED

TATA 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 information

*The Company raised Rs. 10,000 crores in the Tranche 1 Issue.

*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 information

REC Capital Gain Tax Exemption 54EC Bonds Issue Highlights

REC Capital Gain Tax Exemption 54EC Bonds Issue Highlights REC Capital Gain Tax Exemption 54EC Bonds Issue Highlights CREDIT RATING ISSUE SIZE FACE VALUE ISSUE PRICE COUPON RATE ISSUE DATE MINIMUM APPLICATION SIZE MAXIMUM APPLICATION SIZE MODE OF SUBSCRIPTION

More information

Form A. APPLICATION FORM FOR SOVEREIGN GOLD BOND Series III (Put wherever required) Mode of Subscription Cash Cheque / DD Electronic Transfer

Form A. APPLICATION FORM FOR SOVEREIGN GOLD BOND Series III (Put wherever required) Mode of Subscription Cash Cheque / DD Electronic Transfer Form A APPLICATION FORM FOR SOVEREIGN GOLD BOND 2016-17 Series III (Put wherever required) Name of Receiving Office Name of Branch: Mode of Subscription Cash Cheque / DD Electronic Transfer Grams of Gold

More information

3 reasons to invest. Offers an attractive route to take equity allocation for conservative investors

3 reasons to invest. Offers an attractive route to take equity allocation for conservative investors 3 reasons to invest The investment objective of the fund is to generate income by investing in high quality fixed income securities that are maturing on or before the maturity of the scheme whilst the

More information

n(_f> L1rn1l C-:Jhc'..r Ki B"-"-t

n(_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 information

RELIANCE MEDIAWORKS LIMITED. Reliance Land Private Limited. Reliance Capital Limited

RELIANCE MEDIAWORKS LIMITED. Reliance Land Private Limited. Reliance Capital Limited THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This exit offer letter ( Exit Offer Letter ) is being sent to you as a Public Shareholder of Reliance Mediaworks Limited ( Company ). In

More information

PROSPECTUS TRANCHE - I Dated December 10, 2012

PROSPECTUS TRANCHE - I Dated December 10, 2012 PROSPECTUS TRANCHE - I Dated December 10, 2012 A Government Of India Enterprise An ISO 9001: 2008 Certified Company INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED The Company was incorporated on January

More information

Registered Office : 301, Center Point, Dr. Babasaheb Ambedkar Road, Parel, Mumbai Date and Time of Application Receipt.

Registered Office : 301, Center Point, Dr. Babasaheb Ambedkar Road, Parel, Mumbai Date and Time of Application Receipt. Registered Office : 301, Center Point, Dr. Babasaheb Ambedkar Road, Parel, Mumbai - 400 012. Form A2 Application Number APPLICATION APPLICATION FORM FORM GOVERNMENT FOR 7.75% OF SAVINGS INDIA 8 %(TAXABLE)

More information

Further, the Dividend income is tax free, if the company is liable to dividend distribution tax.

Further, the Dividend income is tax free, if the company is liable to dividend distribution tax. FAQs (Frequently Asked Questions) on RGESS Rajiv Gandhi Equity Savings Scheme (RGESS) 1. What is RGESS? Rajiv Gandhi Equity Savings Scheme (RGESS), is a tax saving scheme announced in the Union Budget

More information

TRACK RECORD OF THE PUBLIC ISSUES MANAGED BY THE MERCHANT BANKER IN THE LAST 3 FINANCIAL YEARS RURAL ELECTRIFICATION CORPORATION LIMITED

TRACK RECORD OF THE PUBLIC ISSUES MANAGED BY THE MERCHANT BANKER IN THE LAST 3 FINANCIAL YEARS RURAL ELECTRIFICATION CORPORATION LIMITED TRACK RECORD OF THE PUBLIC ISSUES MANAGED BY THE MERCHANT BANKER IN THE LAST 3 FINANCIAL YEARS RURAL ELECTRIFICATION CORPORATION LIMITED 1. Type of issue Public Issue by Rural Electrification Corporation

More information

Muthoot Finance Ltd. NCD Issue 12 th August, Key Highlights of the Company. Key Financials

Muthoot 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 information