India Infoline Fin. Ltd

                 India Infoline Finance Ltd.[IIFL] NCD Sep 2013 Interest Rate up to 12%

iiflncd1 India Infoline Fin. LtdCompany 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.            

 

India Infoline Finance Limited NCD 2013 Details

Issuer/ Borrower
India Info line Finance Limited
IssuePublic 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 inNSE and BSE
Credit Rating‘CARE AA’ & ‘[ICRA]AA- Stable’
IssuanceIn physical and dematerialized form
TradingCompulsorily in dematerialized form
Trading Lot1 (one) NCD
DepositoriesNSDL and CDSL
Issue ScheduleThe Issue shall be open from 17th Sept, 2013 to 4th October, 2013.
Pay-in date3 (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 application12% p.a.
Interest on refund on Non ASBA app4% p.a.

India Infoline Finance NCD 2013 Series Details

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%
Tenure36 Months36 Months60 Months60 Months
Frequency of Interest PaymentMonthlyAnnuallyMonthlyAnnually
Minimum Application5,000 (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 of1 NCD after the minimum subscription1 NCD after the minimum subscription1 NCD after the minimum subscription1 NCD after the minimum subscription
Face Value of NCDs(` / NCD)Rs.1,000Rs.1,000Rs.1,000Rs.1,000
Coupon (%) for NCD Holders in Category I and Category II12%12%12%12%
Coupon (%) for NCD holders in the Category III (Unreserved Individual Portion)12%12%12%12%

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 ?

1] Individual, 2] HUF, 3] Charitable Institute, 4] Company, 5] Firms, 6] Co-operative, 7] NRI, 8] Financial Institute

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