| Issuer | IFCI Limited ("the Issuer") |
| Offering | 2,00,000 Nos. Unsecured, Redeemable, Non-Convertible Bonds Series – IV of Rs.5,000/- each aggregating to Rs.100 crore with a green-shoe option to retain over-subscription. |
| Type | Private Placement basis |
| Instrument | Unsecured, Redeemable, Non-Convertible Long Term Infrastructure Bonds - Series IV, having benefits under section 80 CCF of the Income Tax Act, 1961 for investment upto Rs.20,000/- |
| Eligible Investors | Resident Indian Individuals (Major) and HUFs through Karta of the HUF |
| Rating | 'BWR AA-' by Brickwork Ratings India Pvt. Limited CARE 'A+' by CARE Ratings (Credit Analysis & Research Ltd.) 'LA' by ICRA Limited |
| Face Value | Rs.5,000/- per bond |
| Minimum Application | Rs.5,000/- (i.e. 1 Bond) |
| Application in multiples of | Rs.5,000/- (i.e. 1 Bond) |
| Options for Subscription | |
| Frequency of Interest Payment | | Cumulative | Annual | Cumulative | Annual | |
| Coupon (% p.a.) | | 9.09 % p.a.
(Annual compounding) | 9.09 % p.a. | 9.16 % p.a.
(Annual compounding) | 9.16 % p.a. | |
| Tenor | | 10 (Ten) years | 10 (Ten) years | 15 (Fifteen) years | 15 (Fifteen) years | |
| Maturity Date | | February 15, 2022 | February 15, 2022 | February 15, 2027 | February 15, 2027 | |
| Buyback option | | At the end of 5th and 7th year from Deemed Date of Allotment | At the end of 5th and 10th year from Deemed date of Allotment | |
| Buyback Dates | | February 15 of the calendar years 2017 and 2019 | February 15 of the calendar years 2017 and 2022 | |
| Lock-in period | 5 years from the deemed Date of Allotment |
| Deemed Date of Allotment | February 15, 2012 |
| Security | Unsecured |
| Trustee | IDBI Trusteeship Services Limited |
| Listing | Proposed to be listed on Bombay Stock Exchange (BSE) |
| Depositories | National Securities Depository Ltd. and Central Depository Services (India) Ltd. |
| Registrars | Karvy Computershare Pvt. Ltd. |
| Issuance & Trading | Bonds shall be issued both in dematerialised form and physical form. However, trading allowed only in dematerialised mode after the expiry of Lock-in Period of 5 years |
| Mode of Interest Payment / Redemption | ECS/At Par Cheques/Demand Drafts |
| Issue Schedule | Issue Open Date : November 30, 2011
Issue Close Date : January 16, 2012
The issuer would have the right to pre-close the issue or extend the closing date by giving 1 day notice to the Arrangers |
| Interest on Application Money shall be paid at the respective coupon from the date of realisation of subscription amount to the date immediately preceding the deemed date of allotment. |
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