Company Profile

• A leading financial institution in India focused on the power sector

• The company was established as an integral part of, and continues to play a strategic role in the

GoIs initiatives for the development of the power sector in India

• The company is a listed government company and a public financial institution under the

Companies Act

• It is registered with the RBI as a non-deposit taking systemically important NBFC and classified

as an IFC in July 2010

• The Company was conferred with the “Mini Ratna” (Category – I) status in the year 1998 and on

June 22, 2007, was notified as a Navratna company by the GoI

Key Strengths:

• Comprehensive financial assistance platform focused on the Indian power sector

• Strategic role in GoI initiatives and established relationships with power sector participants

• Operational flexibility to capitalize on both fundraising and lending opportunities

• Favourable credit rating and access to various cost-competitive sources of funds

• Comprehensive credit appraisal and risk management policies and procedures

• Track record of consistent financial performance and growth

• Experienced and committed management and employee base with in-depth sector expertise

PFC Tax Free Bond/Series Details
IssuerPower Finance Corporation Limited.
Issue opening date14-Oct-13
Issue closing dateNovember 11, 2013.
Issue Price (in Rs.)Rs. 1000
Face Value ( Rs. )Rs. 1000 per Bond
Minimum Application5 Bonds (Rs 5000) across all Series of Bonds.
In Multiples of1 Bond (Rs 1000)
Credit ratings“[ICRA] AAA” by ICRA, “CRISIL AAA/ Stable” by CRISIL, “CARE AAA” by CARE
ListingBSE.
Issue Size (Rs)Rs 750 crores with an option to retain oversubscription upto the Rs 3875.90 Crs.
Debenture TrusteeIL & FS Trust Company Limited.
DepositariesNSDL and CDSL
SeriesTranche I Series 1 ATranche I Series 2 ATranche I Series 3 A
Frequency of Interest PaymentAnnualAnnualAnnual
Minimum Application5 Bonds (5,000)5 Bonds (5,000)5 Bonds (5,000)
Coupon rate (%) p.a. for Category I, II, and III8.18%8.54%8.67%
Annualized yield(%) p.a8.18%8.54%8.67%
Coupon Rate (%) p.a IV8.43%8.79%8.92%
Annualized yield(%) p.a.IV8.43%8.79%8.92%
Tenor10 Years15 Years20 Years
Redemption Date10 years from the Deemed Date of Allotment15 years from the Deemed Date of Allotment20 years from the Deemed Date of Allotment
Important Information/Instruction

Important Information (Instruction)

Please take print of the Application Form A4 / A3 paper size.

Attach following document along with the application form : –

1] PAN Card, Address Proof and Cheque Photo Copy attested by the Investor,

2] Bidding is mandatory.

3] Cheque / DD should be drawn in favour of “PFC Tax Free Bonds – 2013 – Escrow Account ‐ R”.

4] On First come First Serve Basis.

5] Keep photocopy of application form for your record.

6] Submit / deposit your NCD application form in Listed/ Design Bank Branches after Bidding.

7] To record and track the status/allotment of your application form, send us the Photocopy / soft copy Application Form/ Acknowledgement Slip on our Address or on email id.

8] The actual bond will reflect in your demat account within 8-12 weeks time from date of allotment.

9] Free Home Service is available.*

10)Issuance : In dematerialized form as well as in physical form at the option of the Applicant.   

Who Can Apply/Invest

Who can apply / invest ?

Resident Indivdual / Corporate Company/HUF/NRI

Download Application Form

Profit & Dividend

Profits & Dividend( in Crs )

Years

Profit Before Tax

Profit After Tax

Dividend %

2013

5,993.52

4,437.74

70%

2012

4,145.85

3,058.85

60%

2011

3,585.59

2,647.12

50%

 

 

 

 

 

 

 

 

Registrar/Bond Allotment Status

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