Instrument Description (Long): |
8.55% SECURED REDEEMABLE NON-CONVERTIBLE BONDS. . TRANCHE I. SERIES IIIA. LETTER OF ALLOTMENT. DATE OF MATURITY 13/03/2034 |
Instrument Description(short): |
INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED SR-IIIA 8.55 LOA 13MR34 FVRS1000 |
ISIN: |
INE202E07146 |
|
Type of Instrument: |
Bonds |
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Face Value (per instrument):: |
1000 |
Whether Secured or Unsecured: |
Secured |
|
Coupon Basis: |
Fixed Interest |
Whether Guaranteed or Partially Guaranteed: |
Not guaranteed |
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Coupon Rate: |
8.55% |
|
|
|
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): |
1000 |
|
|
Issue Size (in Crores): |
38.812 |
Series (if any): |
SERIES IIIA |
|
Total Allotment Quantity: |
388123 |
Whether bonds/debentures fall under Infrastructure category as per Government notification: |
No |
|
Date of Allotment: |
13-Mar-2014 |
|
|
Tenure of the instrument at the time of Issuance: |
Year
:
20
Months
:
0
Days
:
0
|
|
|
Frequency of Interest Payment with specified dates: |
ANNUAL- 13/03/15, 14/03/16, 13/03/17, 13/03/18, 13/03/19, 13/03/20, 13/03/21, 14/03/22, 13/03/23, 13/03/24, 13/03/25, 13/03/26, 13/03/27, 13/03/28, 13/03/29, 13/03/30, 13/03/31, 13/03/32, 14/03/33, 13/03/34 |
Scheduled Opening Date: |
17-Feb-2014 |
|
Put Option with specified dates: |
|
Scheduled Closing Date: |
10-Mar-2014 |
|
Call Option with specified dates: |
|
Actual Closing Date: |
10-Mar-2014 |
|
Redemption Date/Last Conversion Date: |
13-Mar-2034 |
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|
|
Defaulted in Redemption: |
Not Applicable |
|
|
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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 |
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Indicate whether the instrument is rated: |
Yes |
Type of Convertibility - A: |
Non Convertible |
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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.: |
HYPOTHECATION OF BOOK DEBTS |