Rural Electrification Corporation Ltd - NCD (REC NCD Feb 2013) Detail

Feb 25, 2013 - Mar 18, 2013
Rural Electrification Corporation Ltd - Logo

Incorporated in 1969, Rural Electrification Corporation Limited (REC) is one of the leading public financial institutions in Indian power infrastructure. They are engaged in the financing and promotion of transmission, distribution and generation projects throughout India.

REC provides funding to their clients and assist them in formulating and implementing various types of power project-related schemes. Clients include public sector power utilities at the central and state levels and private sector power utilities. Additionally, they fund power projects for their joint sector clients. Their financial products primarily include long-term loans, short-term loans, bridge loans and debt refinancing.

REC currently administer grants and provide loans as the nodal agency for the RGGVY, which is primarily aimed at the electrification of all villages in India. REC provides loan assistance to SEBs/State Power Utilities for investments in rural electrification schemes through its Corporate Office located at New Delhi and 17 field units (Project Offices), which are located in most of the States.

REC NCD Feb 2013 Detail

Issue Open Feb 25, 2013 - Mar 18, 2013
Security Name Rural Electrification Corporation Ltd -
Security Type
Issue Size (Base) Rs [.] Crores
Issue Size (Shelf) Rs [.] Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size
Market Lot
Listing At BSE, NSE
Credit Rating
Payment Frequency
Basis of Allotment

NCD Allocation Ratio

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

Objects of the Issue

The funds raised through this Issue will be utilised towards general lending operations of the Company and other associated business objectives and to discharge existing debt obligations which were generally undertaken for business operations.

REC NCD Feb 2013 Prospectus

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Company Contact Information

Rural Electrification Corporation Ltd -
SCOPE Complex, 7,
Lodhi Road, New Delhi 110 003

Phone: +91 11 4102 0101

REC NCD Feb 2013 Registrar

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

Phone: 04067162222, 04079611000