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IFCI Bonds : Infrastructure Bonds : Series II
IFCI Tax Saving Long Term Infrastructure Bonds– SERIES II
 
PRIVATE PLACEMENT
 This issue is now closed
SUMMARY TERM SHEET
Issuer IFCI Limited ("the Issuer")
Offering 2,00,000 Unsecured, Redeemable, Non-Convertible Bonds of Rs. 5,000/- each aggregating to Rs. 100 Crore with a green-shoe option to retain over-subscription for issuance of additional Infrastructure Bonds
Type Private Placement basis
Instrument Unsecured, Redeemable, Non-Convertible Bonds Series II having benefits under section 80 CCF of the Income Tax, 1961 for long term Infrastructure Bonds
Rating BWR AA- by BRICKWORK RATINGS INDIA PVT LIMITED
Eligible Investors Resident Indian Individual (Major) and HUF through Karta of the HUF
Security Unsecured
Face Value Rs.  5,000/- per bond
Issue Price At par (Rs. 5,000/- per bond)
Minimum Subscription 1 Bond and in multiples of 1 Bond thereafter,
Tenure 10 years, with or without buyback option after five years
Options for Subscription The Bonds are offered under the following 4 options-
• Option I - Non-cumulative and Buyback after 5 years
• Option II - Cumulative and Buyback after 5 years
• Option III - Non-cumulative and no Buyback
• Option IV - Cumulative and no Buyback
Redemption / Maturity At par at the end of 10 years from the deemed date of allotment. For Cumulative Option, at par with cumulated interest thereon.
Coupon rate • Option I & II - 8% p.a.
• Option III & IV - 8.25% p.a.
Option II and Option IV will have cumulative payment at the end of the Buyback period or 10 years, as per the option opted by the Investor.
Listing Proposed to be listed on BSE
Trustee Axis Trustee Services Limited
Depository National Securities Depository Ltd. and Central Depository Services (India) Ltd.
Registrars Beetal Financial & Computer Services (P) Ltd.
Mode of Payment Interest payment will be made through ECS/At Par Cheques/Demand Drafts
Issuance Demat form. But, investors interested for physical form may provide a cancelled cheque, self-certified copies of PAN Card and residential proof
Trading Demat mode only following expiry of lock-in period
Issue Open Date November 16, 2010
Issue Close Date January 12, 2011 (extended from December 31, 2010)
Deemed Date of Allotment January 31, 2011
Buyback dates January 31 every year commencing from year 2016 till year 2020.
 

The application process for this issue is now closed

 

To view Corrigendum for subscription of bonds in physical form ,click here . 

 

To download Information Memorandum,click here . 

 

For queries post allotment, please contact Registrar at ifci@beetalfinancial.com.

 

Beetal Financial & Computer Services (P) Ltd., Beetal House,3rd Floor,99 Madangir, Behind LSC

New Delhi-110062;(P)011- 29961281,(F)011- 29961284; (W) beetalfinancial.com 

 

OR  Email to IFCI at  infrabonds@ifciltd.com

 

 Resources Department, IFCI Ltd, IFCI Tower, 61 Nehru Place, New Delhi- 110019.

(P) 011-41792800/ 41732000

 

 

DISCLAIMER :  This is neither a prospectus nor a statement in lieu  of prospectus and is not an advertisement or an invitation to the public.
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