Public issue of Sub debt
Particulars
|
Details
|
Issuer
|
India Infoline Finance Limited
|
Issue
|
Public Issue of NCDs aggregating up to Rs.
2,500 million with an option to retain over-subscription up to Rs. 2,500
million. The NCDs will be unsecured in the nature of subordinated debt and
will be eligible for Tier II Capital.
|
Stock Exchanges
proposed for
listing of
the NCDs
|
NSE and BSE
|
Issuance
|
In physical and dematerialised form
|
Trading
|
Compulsorily in dematerialised form
|
Trading Lot
|
1 (one) NCD
|
Depositories
|
NSDL and CDSL
|
Security
|
No security will be created in connection
with the NCDs.
|
Rating
|
‘[ICRA]AA- (stable)’ by ICRA and ‘CRISIL
AA-/Stable’ by CRISIL
|
Issue Schedule*
|
The Issue shall be open from September 5,
2012 to September 18, 2012.
|
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.
|
Deemed Date of
Allotment
|
The date on which the Board or a duly authorized
committee approves the Allotment of NCDs. All benefits relating to the NCDs
including interest on NCDs shall be available to Investors from the Deemed
Date of Allotment. The actual allotment of NCDs may take place on a date
other than the Deemed Date of Allotment.
|
Option
|
I
|
II
|
III
|
Rate of Interest
|
12.75%
|
12.75%
|
12.75%
|
Interest Payment
|
Monthly
|
Annual
|
Cumulative
|
Effective Yield
|
13.52%
|
12.75%
|
12.75%
|
Tenure
|
72M
|
72M
|
72M
|
Redemption Amount
|
Rs. 1000
|
Rs. 1000
|
Rs. 2054.50
|
Options
|
I
|
II
|
III
|
Tenure
|
72 Months
|
||
Frequency of Interest Payment
|
Monthly
|
Annually
|
NA
|
Minimum Application
|
Rs.
5,000 (5 NCDs) (for all options of NCDs, namely Options I, II and III, either
taken individually or collectively)
|
||
In Multiples of
|
1
NCD after the minimum application
|
||
Face Value of NCDs (` / NCD)
|
Rs.
1,000
|
||
Issue Price (` / NCD)
|
Rs. 1,000
|
||
Mode of Interest Payment/Redemption#
|
Through
Various options available
|
Through
Various options available
|
Redemption
through various options available
|
Coupon (%) for NCD Holders
|
12.75% per annum
|
12.75% per annum
|
NA
|
Effective Yield
(per annum)
|
13.52%
|
12.75%
|
12.75%
|
Redemption Date
|
72 months from the Deemed Date of
Allotment
|
||
Redemption Amount (Rs. /NCD)
|
Face Value of
the NCDs plus any interest that may have accrued
|
Face Value of
the NCDs plus any interest that may have accrued
|
Rs. 2054.50
|
Deemed Date of Allotment
|
Date of issue of the Allotment advice
|
||
Nature of Indebtedness
|
Un-Secured Redeemable Subordinated Debt
|
||
Subscription Details for IIFL NCD
Registrar - Link Intime check here your allotment status
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