IIFCL TAX FREE BOND

iifcllogo IIFCL TAX FREE BOND

 

Company Profile

• A wholly-owned Government of India undertaking incorporated under the Companies Act in January 2006.

• Commenced operations in April 2006 and notified as a Public Financial Institution in January 2009.

• Provides financial assistance to long-term infrastructure projects in diversified sectors such as roads, bridges, railways, seaports, airports, inland waterways, other transportation projects, power, urban transport, water supply, sewage, solid waste management and other physical infrastructure in urban areas, gas pipelines, infrastructure projects in special economic zones, international convention centres and other tourism related infrastructure projects, cold storage chains, warehouses, and fertilizer manufacturing industry.

• Provides refinance for loans sanctioned by banks and other eligible institutions, in accordance with the eligibility criteria set out in the Refinance Scheme.

• Has three wholly owned subsidiaries, India Infrastructure Finance Company (UK) Limited, IIFCL Projects Limited and IIFCL Asset Management Company Limited.

               

Financial Details

• The cumulative gross loans sanctioned by IIFCL, under direct lending as on September 30, 2012, on an unconsolidated basis, aggregated to Rs. 49,603.31 Crores in 282 projects with total project cost of Rs. 4,50,547.90 Crores and the total disbursement of Rs. 23,702.03 Crores.

• Debt-equity ratio stood at 5.15:1 as at September 30, 2012, on an unconsolidated basis.           

IIFCL Tax FreeBond 2014 Details

Issuer
India Infrastructure Finance Company Limited
Issue Opening DateFebruary 17, 2014
Issue Closing Date14th March, 2014
Face Value ( Rs. )Rs. 1,000
Issue Price ( Rs. )Rs. 1,000
Nature of BondsSecured
Mode of IssuePublic issue
Minimum Application5 Bonds (Rs. 5000)
Credit RatingsICRA] AAA CARE AAA by CARE & IND AAA (Stable) by IRRPL
Put/Call OptionThere is no put/call option for the Bonds
ListingBSE Limited.
Bond TrusteeIL&FS Trust Company Limited
IssuanceIn dematerialised form and physical form, at the option of the Applicant**

IIFCL Tax FreeBond 2014 Series Details

Series
Tranche III Series 1A
Tranche III Series 2A
Tranche III Series 3A
Coupon Rate (%) p.a8.16%8.55%8.55%
Annualised Yield (%) p.a8.16%8.55%8.55%
OptionsTranche III Series 1BTranche III Series 2BTranche III Series 3B
Coupon Rate (%) p.a8.41%8.80%8.80%
Annualised Yield (%) p.a8.41%8.80%8.80%
Tenor10 Years15 Years20 Years

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 “IIFCL Tax Free Bonds Escrow Account – Public Issue Tranche – I”.

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 within 8-12 weeks time from date of allotment.

9] Free Home Service is available.*         

Who can apply / invest ?

Resident Indivdual / Insurance Company/Corporate Company/HUF/Trust

Content for the tab Profit & Dividend

Content for the tab Stock Watch

 

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