Pune Invest

REC has come out  with a Tax Free issue of Rs. 1000 Cr. with an option to retain over subscription upto Rs. 4500 Cr. REC Tax Free Bond ISSUE Product DETAILS Issue Opens Monday, December 03, 2012 Issue Closes Monday, December 10, 2012* Issuer Rural Electrification Corporation Limited Issue Size Public Issue of Rs. 1000 crores with right to retain oversubscription upto the Shelf Limit (i.e. upto Rs 4,500 crores) Mimnimum Application Size Face value of each Bond shall be Rs. 1,000/- and the minimum application size shall be for 5 bonds and in multiples of 1 Bond thereafter Listing BSE and NSE Rating “CRISIL AAA/Stable” by CRISIL, “CARE AAA” by CARE, “IND AAA” by IRRPL “[ICRA]AAA” by ICRA Coupon Rates for Category-I, II, III & IV Applicants (% p.a) 7.22% 7.38% Additional Coupon Rates for Category-IV Applicants (% p.a.) ** 0.50% 0.50% Aggregate Coupon Rates for Category-IV Applicants (% p.a.) ** 7.72% 7.88% Inte...

Birla Sun Life Capital Protection Orientation Fund Series-14  a close ended capital protection oriented scheme that seeks to provide capital appreciation linked to equity market with downside protection at the end of tenure. NFO Opens                                         26 November 2012   closes on                                            10 December 2012.   Tenure                                                 1093 days. Asset Allocation                               80% to 100% Debt Securities               ...

Jewellery manufacturer and exporter Tara Jewels is coming out with an IPO starting on the 21 st  of November,2012.  The issue, which will close on November 23, it comprises of fresh equity shares worth Rs 179.5 crore and an offer for sale of Rs 70 crore worth of shares by Fabrikant H K Trading. Issue Details: Issue Opens: 21/11/2012 Issue Closes: 23/11/2012 Issue Size: Rs. 179.50 - 183.49 Crore Or 7,977,778 Equity Shares of Rs. 10 Face Value: Rs. 10 per Equity Share Issue Price: Rs. 225 to Rs. 230 per Equity Share Market Lot: 50 Shares Listing on: BSE & NSE Cheque for Resident Retail Individuals in favour of: “TJL IPO – R” BRLM: Enam Securities Private and   ICICI   Securities Registrar to the issue: Link Intime India About Tara Jewels: ·           The company conducts jewellery retail operations in the domestic market under the brand 'Tara Jewellers'...

Birla Sunlife Fixed Term Plan - Series GA (518 days) (A Close ended Income Scheme)   Birla Sun Life Fixed Term Plan - Series GA (518 days) NFO Opens November 22, 2012 NFO Closes November 26, 2012 Scheme Duration 518 days from and including date of allotment Minimum Investment Amount 5000/- and in multiples of  10/- thereafter NFO Price 10/- per unit Tax Benefits:  The scheme can also give your investor the benefit of tax efficiency by enjoying the advantage of double indexation or a lower tax rate of 10.3%.  Tax liability of 10.3% is calculated assuming Long Term Capital Gains Tax for Individual investor of 10% and applicable cess without taking into account the indexed cost of acquisition for determining capital gains. These are based on prevailing taxation laws. Further, Investors are requested to note that fiscal laws may change from time to time and there can be no guarantee that the current tax position may continue in the future. In case of i...