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IFCI TIER II SUBORDINATE BONDS –SERIES III

PRIVATE PLACEMENT

Instrument Subordinated, Unsecured, Redeemable, Non-Convertible Bonds - Series III
Face Value ` 10,000/- per bond
Deemed Date of Allotment October 31, 2011
Options of Bond
I II III IV
ISIN
INE039A09NT6 INE039A09NU4 INE039A09NV2 INE039A09NW0
Frequency of Interest Payment
Cumulative Annual Annual Annual
Coupon (% p.a.)
10.60% p.a 10.60% p.a 10.50% p.a 10.75% p.a
First annual interest payment date
At the time of redemption October 31, 2012 October 31, 2012 October 31, 2012
Tenor (years)
10(Ten) 10(Ten) 10(Ten) 15(Fifteen)
Date of Maturity
October 31, 2021 October 31, 2021 October 31, 2021 October 31, 2026
Call Option
At the end of 7 (seven) years from the Deemed date of allotment At the end of 7 (seven) years from the Deemed date of allotment At the end of 7 (seven) years from the Deemed date of allotment At the end of 10 (ten) years from the Deemed date of allotment
Date of call option (if exercised by Issuer)
October 31, 2018 October 31, 2018 October 31, 2018 October 31, 2021
Maturity Amount per Bond
If call Option is exercised `20,244/- `10,000/- `10,000/- `10,000/-
Upon Maturity `27,388/- `10,000/- `10,000/- `10,000/-
Scrip Codes (BSE)
972688 972689 972690 972691
Security Unsecured
Rating 'BWR AA–' by Brickwork Ratings India Pvt. Limited; CARE 'A' by CARE Ratings (Credit Analysis & Research Ltd.); 'LA' by ICRA Limited
Nature of indebtedness and ranking The Bonds are Unsecured Redeemable Non-Convertible and Taxable Bonds in the nature of Promissory Notes, the claims of its investors being subordinate to the claims of all other creditors.
Trustee Axis Trustee Services Limited
Listing The Bonds are listed on BSE, under 'F' group – Debt instruments, tradeable on BSE On-Line Trading system (BOLT).
Depositories National Securities Depository Ltd. & Central Depository Services (India) Ltd.
Registrar Link Intime India Pvt. Ltd., Mumbai
Trading In dematerialised mode only
Mode of Interest Payment / Redemption RTGS/ECS/At Par Cheques/Demand Drafts
Interest on Application Money has been paid, at the respective coupon from the date of realisation of subscription amount to the date immediately preceding the deemed date of allotment.
The redemption of Bonds on maturity/call option, as applicable shall be made only with approval of RBI.

 

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Registrar & Transfer Agents :
M/S Link Intime India Pvt. Ltd., C-13,
Pannalal Silk Mills Compound, LBS Marg,
Bhandup (W), Mumbai-400078.

For Allotment related queries :
Email : ifcitier2@linkintime.co.in
Ph. 022-25967878; Fax : 022-25946969

For Post Allotment queries :
Email : BONDS.HELPDESK@linkintime.co.in
Ph. 022-25946970; Fax : 022-25946969

For further information, please contact :
IFCI Ltd, IFCI Tower, 61 Nehru Place,
New Delhi-110 019
Email : tier2bonds@ifciltd.com
Ph : 011-41792800/41732000
Fax : 011-26230029, 26230466