PFC Ltd. Tax Free Bonds

imagescaud0goy PFC Ltd. Tax Free Bonds

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 2013 Details

Issuer
Power 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

PFC Tax Free Bond 2013 Series Details

Series
Tranche I Series 1 A
Tranche I Series 2 A
Tranche 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)

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 ?

Resident Indivdual / Corporate Company/HUF/NRI

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%

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