Bonds/Debenture Details
ISIN INE134E07174      

Issuer Details

Issuer Name: POWER FINANCE CORPORATION LTD.   Issuer Former Name:
Corporate Identity Number(CIN): L65910DL1986GOI024862    
Type of Issuer Based on Ownership: Public Sector Undertaking (PSU)   Type of Issuer - Nature: NBFC
Registered Office Address of Issuer: "URJANIDHI", 1, BARAKHAMBA LANE, CONNAUGHT PLACE, NEW DELHI - 110001   Business Sector: Finance
Name of the Compliance Officer/Company Secretary: Mr. Milind M Dafade    

Instrument details

Instrument Description (Long): 8.75% Secured Non-Convertible Long term infrastructure Bond. Letter of Allotment. Tranche-I u/s 80CCF of IT 2011-12.Series- III. Date of Maturity 21/11/2026
Instrument Description(short): POWER FINANCE CORPORATION LTD. SR-III 8.75 LOA 21NV26 FVRS5000
ISIN: INE134E07174  
Type of Instrument: Bonds   Face Value (per instrument):: 5000
Whether Secured or Unsecured: Secured   Coupon Basis: Fixed Interest
Whether Guaranteed or Partially Guaranteed: Not guaranteed   Coupon Rate: 8.75%
      Details of Variable Coupon Rate: -
Seniority in Repayment:   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): 5310
    Issue Size (in Crores):
Series (if any): Infrastructure Bonds (2011-12) Series - III   Total Allotment Quantity: 6455
Whether bonds/debentures fall under Infrastructure category as per Government notification: Yes   Date of Allotment: 21-Nov-2011
    Tenure of the instrument at the time of Issuance:
Year :
Months :
Days :
    Frequency of Interest Payment with specified dates: Annually on 21st November
Scheduled Opening Date: 29-Sep-2011   Put Option with specified dates: one date being the date falling five years and one day from the date of allotment
Scheduled Closing Date: 04-Nov-2011   Call Option with specified dates:
Actual Closing Date: 04-Nov-2011   Redemption Date/Last Conversion Date: 21-Nov-2026
      Defaulted in Redemption: Not Applicable
     
If guaranteed, provide complete details regarding the Guarantee: Government of India   Redemption Premium Details:
Step up / Step down coupon basis: Step Down   Step up / Step down details:
Indicate whether Put option will be exercised at Discount/Premium/Par: Par   Put option details: One date being the date falling seven year and one day from the deemed date of allotment
Indicate whether Call option will be exercised at Discount/Premium/Par:   Call option details:
Whether Debentures/Bonds are perpetual in nature: No   Indicate whether the instrument is rated: Yes
Type of Convertibility - A: Non Convertible   Convertibility details:
Type of Convertibility - B:   Coupon Type: Simple
Compounding Frequency Details:   If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.: Secured by first pari-passu charge on total receivables of the Company (excluding those receivables on which specific charge already created) along with first paripassu charge on immovable property situated at Guindy,Chennai.
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
ICRA LIMITED ICRA AAA 04-Jul-2016 01-Jan-1970
Sr. No. Credit Rating Agency Name Rating Date of Credit Rating Verification Status
1 CRISIL LIMITED CRISIL AAA 01-Dec-2013 Verified
2 ICRA LIMITED ICRA AAA/Stable 28-Mar-2019 Verified
Arranger/Lead Manager Details
Arranger Details
Sr. No. Arranger Contact Person Registered Office Address Phone No. Fax Email
Nothing found to display.

Lead Manager Details
Sr. No. Lead Manager Contact Person Registered Office Address Phone No. Fax Email
1 ICICI SECURITIES LTD MR. SUBIR SAHA ICICI CENTRE, H. T. PAREKH MARG,
CHURCHGATE,
MUMBAI
MAHARASHTRA
400020
022-66377178/22882460/70 022-22845572
2 SBI CAPITAL MARKETS LTD BHASKAR CHAKRABORTY 202, MAKER TOWER E
CUFFE PARADE
MUMBAI
MAHARASHTRA
400005
22178300 22188332
Stock Exchange Details
Sr. No. Name of the Stock Exchange Listed/Unlisted/To be listed Date of listing Annual report Term Sheet
Unlisted
Redemption Details
Type of Redemption Indication of Put/Call for Partial redemption Details of Partial Redemption
Partial Redemption By Quantity - -
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 0 765
Quantity 13-Nov-2018 765 Buyback
Net Quantity: 5690
Debenture Trustee Details
Sr. No. Name of Debenture Trustee Address Contact Details Website Address
1 PNB INVESTMENT SERVICES LTD. 10 RAKESH DEEP BUILDING, YUSUF SARAI COMMERCIAL COMPLEX,GULMOHAR ENCLAVE, NEW DELHI-110049,DELHI MR. RAJESH SHARMA,41035050-55 -

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
Karvy Computershare Pvt. 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