Below are the details of NCD's from India Infoline Finance Ltd. The issue will open from 5th Sep., 2012
INDIA INFOLINE FINANCE LTD
India Infoline Finance Ltd 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).
INDIA INFOLINE FINANCE LTD – PUBLIC ISSUE of NCDs
Nature : Unsecured Redeemable Subordinated Debt NCDs
Issue Type : Public Issue
Opens from 5th Sept., 12 & Closes on 18th Sept.,12.* (Issuer reserves the right to close the issue any time after giving a notice of 1 day).
Base Issue : Rs. 250 Crs + Rs. 250 Crs = Rs. 500 Crs.
Credit Ratings : CRISIL : AA- (Stable) and ICRA : AA-/Stable
Interest Rates : 12.75% p.a. across all categories
Basis of Allotment : On First Come First Serve Basis
NCDs Allotted in : Physical & De-mat Mode
Stock Exchange proposed for Listing : NSE & BSE.
Trading : In De-mat only.
Face Value (Rs/NCD) : Rs.1000
Issue Price (Rs/NCD) : Rs.1000
Depositories : NSDL & CDSL
Tenor : 72 months
Put & Call Option : None
Frequency of Interest Payment : Monthly & Annually
Trading Lot : 1 (one) NCD
Minimum Application Size : Rs.5000/-.
Interest Calculation : Interest for each of the interest periods shall be calculated, on 'actual/ actual days' basis, on the face value of principal outstanding on the Bonds at the Coupon Rate rounded off to the nearest Rupee.
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.
Interest on Application Money : 4% p.a.
Int. on Application Money which is liable to be refunded : 4% p.a.
Who Can invest : Companies, Trusts, Partnership, Retail / HNI Individuals, HUF.
Who Cannot Invest : Minors without a guardian name, Foreign Nationals, Persons resident outside India including without limitation Foreign Institutional Investors, NRIs, Qualified Foreign Investors & OCBs.
Categories & Basis of Allotment :
Category I – QIB – 40%
Category II – Corporate – 10%
Category III – HNI – 25%
Category IV – Retail – 25%
Application Form Soft Copy LINK : Would be provided soon.
Brokers Tie Ups : SBI Capsec & Trust Investment Advisors Pvt. Ltd
* The subscription list for the Issue shall remain open for subscription at the commencement of banking hours and close at the close of banking hours, with an option for early closure or extension by such period, upto a period of 30 days from the date of opening of the Issue, as may be decided at the discretion of the duly authorized committee of Directors of IIFL subject to necessary approvals. In the event of such early closure of subscription list of the Issue or extension of the Issue, IIFL shall ensure that notice of such early closure or extension of the Issue is given as the case may be on such date of closure through advertisement/s in a leading national daily newspaper.
Interest Payment Frequency
Face Value per Debenture
Redemption Value per Debenture
Effective Annual Yield
Financial Overview (In Rs. Million)
Consolidated (Figures in Rs. million)
Loan Book / Advances
Revenue / Total Income
You may download more details of this NCD issue in PDF format from here.