Instrument Description (Long): |
SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES 1. SERIES VII. LETTER OF ALLOTMENT. DATE OF MATURITY 01/12/2024 |
Instrument Description(short): |
IFCI LIMITED SR-VII NCD 01DC24 FVRS1000 LOA UPTO 17MY15 |
ISIN: |
INE039A07819 |
|
Type of Instrument: |
Debentures |
|
Face Value (per instrument):: |
1000 |
Whether Secured or Unsecured: |
Secured |
|
Coupon Basis: |
Zero Interest |
Whether Guaranteed or Partially Guaranteed: |
Not guaranteed |
|
Coupon Rate: |
NA |
|
|
|
Details of Variable Coupon Rate: |
N.A. |
Seniority in Repayment: |
Senior |
|
Day Count Convention: |
Actual/actual |
Whether tax free: |
No |
|
Mode of Issue: |
Public Issue |
If Tax free - Section of The Income Tax Act,1961: |
|
|
Issue price (per instrument): |
1000 |
|
|
Issue Size (in Crores): |
41.823 |
Series (if any): |
NCD 1 SERIES VII |
|
Total Allotment Quantity: |
418232 |
Whether bonds/debentures fall under Infrastructure category as per Government notification: |
No |
|
Date of Allotment: |
01-Dec-2014 |
|
|
Tenure of the instrument at the time of Issuance: |
Year
:
10
Months
:
0
Days
:
0
|
|
|
Frequency of Interest Payment with specified dates: |
NA |
Scheduled Opening Date: |
20-Oct-2014 |
|
Put Option with specified dates: |
|
Scheduled Closing Date: |
21-Nov-2014 |
|
Call Option with specified dates: |
|
Actual Closing Date: |
|
|
Redemption Date/Last Conversion Date: |
01-Dec-2024 |
|
|
|
Defaulted in Redemption: |
Not Applicable |
|
|
|
If guaranteed, provide complete details regarding the Guarantee: |
N.A. |
|
Redemption Premium Details: |
RS 2572.25 FOR CATEGORY I AND II, RS 2595.78 FOR CATEGORY III AND IV |
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.: |
PARI PASSU FLOATING FIRST CHARGE ON RECEIVABLES OF THE CO. (OTHER THAN LEIN RECEIVABLES) WITH AN ASSET COVER OF ONE TIME OF THE TOTAL OUTSTANDING AMOUNT OF NVD AND INTEREST THEREON AT ANY POINT OF TIME |