Bonds/Debenture Details
ISIN INE134E07448      

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): 8.79% SECURED TAX FREE REDEEMEBLE NON CONVERTIBLE BONDS. SERIES 2B. LETTER OF ALLOTMENT. DATE OF MATURITY: 16/11/2028
Instrument Description(short): POWER FINANCE CORPORATION LTD. 8.79 BD 16NV28 FVRS1000 LOA UPTO 9FB14
ISIN: INE134E07448  
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: 8.79%
      Details of Variable Coupon Rate: -
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): 1305
    Issue Size (in Crores):
Series (if any): Tax Free Bonds (2013-14) Tranche-I Series IB   Total Allotment Quantity: 3533164
Whether bonds/debentures fall under Infrastructure category as per Government notification: No   Date of Allotment: 16-Nov-2013
    Tenure of the instrument at the time of Issuance:
Year :
15
Months :
0
Days :
0
    Frequency of Interest Payment with specified dates: FIRST INTEREST PAYMENT ON 16/11/14 THEN ANNUALLY
Scheduled Opening Date: 14-Oct-2013   Put Option with specified dates:
Scheduled Closing Date: 11-Nov-2013   Call Option with specified dates:
Actual Closing Date: 05-Nov-2013   Redemption Date/Last Conversion Date: 16-Nov-2028
      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: by 25 basis point
Indicate whether Put option will be exercised at Discount/Premium/Par:   Put option details:
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/ loan assets of the Company, together with the underlying security, excluding the receivables on which specific charge has already been created by the Company:
Credit rating Details
Credit Rating Agency Name Rating Date of Credit Rating Date of Rating Change
CARE Ratings Limited CARE AAA/Stable 22-Mar-2019 22-Mar-2019
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
CARE Ratings Limited CARE AAA 01-Dec-2013 01-Jan-1970
CARE Ratings Limited CARE AAA/Stable 01-Dec-2013 01-Dec-2013
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
3 CARE Ratings Limited CARE AAA/Stable 03-Oct-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 AXIS CAPITAL LIMITED(FORMALY ENAM SECURITIES PRIVATE LIMITED) NATARAJAN MAHADEVAN AXIS HOUSE, 8TH FLOOR, WADIA INTERNATIONAL CENTER
P B MARG, WORLI
MUMBAI
MAHARASHTRA
400025
2243252104 natarajanmahadevan@axiscap.com
2 EDELWEISS FINANCIAL SERVICES LTD B. RENGANATHAN EDELWEISS HOUSE, OFF. C.S.T. ROAD, KALINA
MUMBAI
MUMBAI
MAHARASHTRA
400098
2240635467 mbcomplaince@edelcap.com
3 ICICI SECURITIES LTD MR. SUBIR SAHA ICICI CENTRE, H. T. PAREKH MARG,
CHURCHGATE,
MUMBAI
MAHARASHTRA
400020
022-66377178/22882460/70 022-22845572
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 20-Nov-2013 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 - -
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
Nothing found to display.
Net Quantity: 0
Debenture Trustee Details
Sr. No. Name of Debenture Trustee Address Contact Details Website Address
1 Vistra ITCL (India) Limited The IL and FS Financial Centre, Plot C- 22, G Block, 7th Floor, Bandra Kurla Complex, Bandra (East),Mumbai 400051, Maharashtra Mr. Narendra Joshi,022- 2653 3297 www.vistraitcl.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
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