Bonds/Debenture Details
ISIN INE020B07JU4

Issuer Details

Issuer Name: RURAL ELECTRIFICATION CORPORATION LIMITED   Issuer Former Name:
Corporate Identity Number(CIN): L40101DL1969GOI005095    
Type of Issuer Based on Ownership: Public Sector Undertaking (PSU)   Type of Issuer - Nature: NBFC
Registered Office Address of Issuer: CORE - 4, SCOPE COMPLEX, 7, LODHI ROAD, NEW DELHI 110003   Business Sector: Finance
Name of the Compliance Officer/Company Secretary: MR. VIJAY KUMAR    

Instrument details

Instrument Description (Long): 7.43% SECURED REDEEMABLE NON CONVERTIBLE TAXFREE BONDS. SERIES 3B. LETTER OF ALLOTMENT. DATE OF MATURITY 05/11/2035
Instrument Description(short): RURAL ELECTRIFICATION CORPORATION LIMITED SR-3B 7.43 BD 05NV35 FVRS1000 LOA UPTO 02FB16
ISIN: INE020B07JU4  
Type of Instrument: Bonds   Face Value (per instrument):: 1000
Whether Secured or Unsecured: Secured   Coupon Basis: Fixed Interest
Whether Guaranteed or Partially Guaranteed: Not guaranteed   Coupon Rate: 7.43%
      Details of Variable Coupon Rate: N.A.
Seniority in Repayment: Senior   Day Count Convention: Actual/actual
Whether tax free: Yes   Mode of Issue: Public Issue
If Tax free - Section of The Income Tax Act,1961:   Under Section 10(15)(iv)(h)   Issue price (per instrument): 1319.5
    Issue Size (in Crores): 186.055
Series (if any): SERIES 3B   Total Allotment Quantity: 0
Whether bonds/debentures fall under Infrastructure category as per Government notification: No   Date of Allotment: 05-Nov-2015
    Tenure of the instrument at the time of Issuance:
Year :
20
Months :
0
Days :
0
    Frequency of Interest Payment with specified dates: FIRST ON 28-DEC-15 THEREAFTER ANNUALLY ON 01 DEC
Scheduled Opening Date: 27-Oct-2015   Put Option with specified dates:
Scheduled Closing Date: 04-Nov-2015   Call Option with specified dates:
Actual Closing Date: 28-Oct-2015   Redemption Date/Last Conversion Date: 05-Nov-2035
      Defaulted in Redemption: Not Applicable
     
If guaranteed, provide complete details regarding the Guarantee: N.A.   Redemption Premium Details: N.A.
Step up / Step down coupon basis:   Step up / Step down details: N.A.
Indicate whether Put option will be exercised at Discount/Premium/Par:   Put option details: N.A.
Indicate whether Call option will be exercised at Discount/Premium/Par:   Call option details: N.A.
Whether Debentures/Bonds are perpetual in nature: No   Indicate whether the instrument is rated: Yes
Type of Convertibility - A: Non Convertible   Convertibility details: N.A.
Type of Convertibility - B:   Coupon Type: Simple
Compounding Frequency Details: N.A.   If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.: AS PER EXECUTED BOND TRUST CUM MORTGAGE DEED BETWEEN ISSUER AND DEBENTURE TRUSTEE FOR THE ISSUE
Credit rating Details
Credit Rating Agency Name Rating Date of Credit Rating Date of Rating Change
ICRA LIMITED ICRA AAA (Under rating watch with developing implications) 12-Dec-2018 12-Dec-2018
CARE Ratings Limited CARE AAA 12-May-2016
ICRA LIMITED ICRA AAA 16-Oct-2015
INDIA RATING AND RESEARCH PVT. LTD IND AAA 30-Jun-2015
INDIA RATING AND RESEARCH PVT. LTD IND AAA (Under rating watch with negative implications) 30-Jun-2015 26-Dec-2018
Sr. No. Credit Rating Agency Name Rating Date of Credit Rating Verification Status
1 CRISIL RATINGS LIMITED CRISIL AAA 16-Oct-2015 Verified
2 INDIA RATING AND RESEARCH PVT. LTD IND AAA/Stable 29-Mar-2019 Verified
3 ICRA LIMITED ICRA AAA/Stable 28-Mar-2019 Verified
4 CARE Ratings Limited CARE AAA/Stable 12-May-2016 Verified
Arranger/Lead Manager Details
Arranger Details
Sr. No. Arranger Contact Person Registered Office Address Phone No. Fax Email
1 A.K. CAPITAL SERVICES LTD VIKAS S. AGARWAL FLAT NO. N, SAGAR APARTMENTS,
6, TILAK MARG
NEW DELHI
DELHI
110001
011-23730752 011-23385189 vikas.agarwal@akgroup.co.in
2 EDELWEISS FINANCIAL SERVICES LTD B. RENGANATHAN EDELWEISS HOUSE, OFF. C.S.T. ROAD, KALINA
MUMBAI
MUMBAI
MAHARASHTRA
400098
2240635467 mbcomplaince@edelcap.com
3 R R INVESTORS CAPITAL SERVICES PVT. LTD.(FORMERLY R R FINANCIAL CONSULTANTS LTD) MR. SANDEEP MAHAJAN 47, M.M. ROAD, RANI JHANSI MARG
JHANDEWALAN
NEW DELHI
DELHI
110055
011-23636363/62 011-23636745

Lead Manager Details
Sr. No. Lead Manager Contact Person Registered Office Address Phone No. Fax Email
1 A.K. CAPITAL SERVICES LTD VIKAS S. AGARWAL FLAT NO. N, SAGAR APARTMENTS,
6, TILAK MARG
NEW DELHI
DELHI
110001
011-23730752 011-23385189 vikas.agarwal@akgroup.co.in
2 EDELWEISS FINANCIAL SERVICES LTD B. RENGANATHAN EDELWEISS HOUSE, OFF. C.S.T. ROAD, KALINA
MUMBAI
MUMBAI
MAHARASHTRA
400098
2240635467 mbcomplaince@edelcap.com
3 R R INVESTORS CAPITAL SERVICES PVT. LTD.(FORMERLY R R FINANCIAL CONSULTANTS LTD) MR. SANDEEP MAHAJAN 47, M.M. ROAD, RANI JHANSI MARG
JHANDEWALAN
NEW DELHI
DELHI
110055
011-23636363/62 011-23636745
Stock Exchange Details
Sr. No. Name of the Stock Exchange Listed/Unlisted/To be listed Date of listing Annual report Term Sheet
1 BSE Listed 10-Nov-2015 http://www.bseindia.com/markets/debt/memorandum_data.aspx?expandable=3
Redemption Details
Type of Redemption Indication of Put/Call for Partial redemption Details of Partial Redemption
Full Redemption N.A. N.A.
Partial Redemption
Sr. No. Partial Redemption Date Face Value Redemption Quantity Redemption Redemption Basis
Nothing found to display.

Partial Redeemed
Redemption Method Partial Redemption Date Value Redeemed Quantity Redemption Redemption Reason
Total 0 0
Quantity 30-Dec-1899 0 0
Net Quantity: 0
Debenture Trustee Details
Sr. No. Name of Debenture Trustee Address Contact Details Website Address
1 SBI CAP TRUSTEE CO.LTD 202, MAKER TOWER, "E" WING,20TH FLOOR, CUFFE PARADE,MUMBAI-400005,MAHARASHTRA MR. AJIT JOSHI,022-43025503,9619894506 www.sbicaptrustee.com

Debenture Trustee Default Details
Sr. No. Nature of Issue Issue Size Due Date of Interest Due Date of Redemption Default Details Actual Payment Date and Details
Nothing found to display.
Registrar Details
Registrar Address of Registrar Contact Person Phone No. Fax Email
KFIN TECHNOLOGIES PRIVATE LIMITED Plot No. 17-24, Vittal rao Nagar,Madhapur,Hyderabad500 081 Mr. Amit Verma 040-23420818 040-23420814 amit.verma@karvy.com;phani@karvy.com ; vmahesh@karvy.com