India Infoline Finance Ltd.[IIFL] NCD Sep 2013 Interest Rate up to 12%
Company Profile
The issuer company is a 98.87% subsidiary of India Infoline Limited. The issuer company is an NBFC with a diverse loan product offering comprising of Home Loans, Capital Market Finance, Gold Loans and Healthcare Finance.
As of March 31 2012, the issuer company had a branch network of 1,323 branches, a loan book of Rs. 67,465 million (104% CAGR since FY10) and a total income of Rs. 9,536 million (102% CAGR since FY10).
The Company is well capitalized with a networth of Rs. 14,282 million on consolidated basis and Capital adequacy of 17.86%. It’s Consolidated Income from Operation and Profit after tax has grown at a Compounded Annual Growth Rate (“CAGR”) of 54.33% and 44.85% respectively over the last four years. The Loan Book has grown at a CAGR of 63.82% over the last four years and a track record of business growth and profitability
REPUTED PARENTAGE:
– IIFL Group services a large customer base and employs over 13,000 people.
– IIFL, the parent entity is listed on BSE and NSE.
IIFL NCD/Series Details
| Issuer/ Borrower | India Info line Finance Limited |
| Issue | Public Issue by the Company of Secured Redeemable NCDs aggregating up to ` 5,250 million with an option to retain over-subscription up to ` 5,250 million for issuance of additional Secured Redeemable NCDs aggregating to a total of up to ` 10,500 million |
| Proposed to be listed in | NSE and BSE |
| Credit Rating | ‘CARE AA’ & ‘[ICRA]AA- Stable’ |
| Issuance | In physical and dematerialized form |
| Trading | Compulsorily in dematerialized form |
| Trading Lot | 1 (one) NCD |
| Depositories | NSDL and CDSL |
| Issue Schedule | The Issue shall be open from 17th Sept, 2013 to 4th October, 2013. |
| Pay-in date | 3 (three) Business Days from the date of receipt of application or the date of realization of the cheques/demand drafts, whichever is later. |
| Interest on application | 12% p.a. |
| Interest on refund on Non ASBA app | 4% p.a. |
| Series | I | II | III | IV |
| Coupon (%) for NCD holders in the Category III (Reserved Individual Portion) | 12% | 12% | 12% | 12% |
| Effective Yield (per annum) | 12.68% | 12% | 12.68% | 12% |
| Tenure | 36 Months | 36 Months | 60 Months | 60 Months |
| Frequency of Interest Payment | Monthly | Annually | Monthly | Annually |
| Minimum Application | 5,000 (5 NCDs) (for all options of NCDs, ) | 5,000 (5 NCDs) (for all options of NCDs, ) | 5,000 (5 NCDs) (for all options of NCDs, ) | 5,000 (5 NCDs) (for all options of NCDs, ) |
| In Multiples of | 1 NCD after the minimum subscription | 1 NCD after the minimum subscription | 1 NCD after the minimum subscription | 1 NCD after the minimum subscription |
| Face Value of NCDs(` / NCD) | Rs.1,000 | Rs.1,000 | Rs.1,000 | Rs.1,000 |
| Coupon (%) for NCD Holders in Category I and Category II | 12% | 12% | 12% | 12% |
| Coupon (%) for NCD holders in the Category III (Unreserved Individual Portion) | 12% | 12% | 12% | 12% |
Important Information/Instruction
Important Information (Instruction)
Please take print of the Application Form on A3 / A4 paper size.
Attach following document along with the application form : –
1] PAN Card Photo Copy attested by you,
2] Address Proof photocopy attested by you.
3] One cancelled cheque/copy of cheque (for ECS)
4] Cheque / DD should be drawn in favour of “IIFL – NCD Escrow – R”
5] On First come First Serve Basis
6] Keep photocopy of application form for your record.
7] Submit / deposit your IIFL NCD application form in Listed/ Design Bank Branches.
8] To record and track the status/allotment of your application form, send us the soft copy Application Form/ Acknowledgement Slip.
9] The actual bond certificate will be send by post within 8-12 weeks time form date of allotment.
10] Free Home Service is available in Pune Area.(Min Investment Rs. 50,000/-)*
Who Can Apply/Invest?
Who can apply / invest ?
1] Individual, 2] HUF, 3] Charitable Institute, 4] Company, 5] Firms, 6] Co-operative, 7] NRI, 8] Financial Institute
Download Application Form
Registrar/Bond Allotment Status
Stock Watch/Financial Info
