IFCI Ltd NCD (IFCI Ltd NCD January 2015) Detail

Jan 1, 2015 - Feb 4, 2015

IFCI Ltd (formerly known as Industrial Finance Corporation of India Ltd) is a Government of India promoted and controlled finance Sector Company that is coming out with its maiden debt offer.

IFCI Ltd NCD January 2015 Detail

Issue Open	Jan 1, 2015 - Feb 4, 2015
Security Name	IFCI Ltd
Security Type
Issue Size (Base)	Rs 250.00 Crores
Issue Size (Shelf)	Rs [.] Crores
Issue Price	Rs 1000 per NCD
Face Value	Rs 1000 each NCD
Minimum Lot size	10 NCD
Market Lot	1 NCD
Listing At	BSE, NSE
Credit Rating
Tenor
Series
Payment Frequency
Basis of Allotment	First Come First Serve Basis

NCD Allocation Ratio

Category	NCD's Allocated
Category 1	0%
Category 2	0%
Category 3	0%
Category 4	0%

Ratings

Issue is rated as ICRA A (Stable); BWR AA- (Outlook - Stable) by respective rating agencies indicating adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.

Offerings

This issue has four series and tenure of 5 and 10 years with interest payment options of annual and on redemption basis as per the choice of investors. It offers interest rates ranging between 9.35% and 9.40% with an additional incentive of 0.10% for Series I and III giving effective yield of 9.45% and 9.50%. Allotment is available in demat and physical mode but trading will take place in demat mode only.

IFCI Ltd NCD January 2015 Prospectus

IFCI Ltd NCD January 2015 Rating

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Company Contact Information

IFCI Ltd
IFCI Tower,
61 Nehru Place,
New Delhi - 110019

Phone: +91 11 41792800
Email:
Website: http://www.ifciltd.com

IFCI Ltd NCD January 2015 Registrar

KFin Technologies Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email:
Website: https://karisma.kfintech.com/

IFCI Ltd NCD January 2015 Lead Manager(s)

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