Public Issue of Secured Redeemable NCDs by IFCI Limited
• IFCI Limited (IFCI) was incorporated on May 21, 1993 under the Companies Act, 1956 as a public limited company under the name ‘The Industrial Financial Corporation of India Limited’ and got certificate of commencement of business on June 24, 1993.
• IFCI is a Government of India controlled company, registered with the Reserve Bank of India (RBI) as a Systemically Important Non-Deposit taking NBFC (NBFC-ND-
SI).
• Along with IFCI’s group entities, IFCI provides financial services which include, besides long term corporate loans, advisory services in the areas of Project Development, Project Appraisal, Strategic Analysis, Corporate Restructuring, Infrastructure Financing and Legal Advisory to certain sectors.
Issue Size:
Base Issue : 250 Crores
Green Shoe Option : 1750 Crores
Total Issue Size : 2000 Crores.
Credit Rating : “BWR AA- (Outlook: Stable)” by Brickwork Ratings India Private Limited and “[ICRA]A (Stable)” by ICRA Limited
Issue Details:
Issue Opening Date : 20th October 2014.
Issue Closing Date : 21st November 2014.
Face Value : Rs. 1,000 per NCD
Listing : BSE and NSE. BSE being the Designated Stock Exchange.
The NCDs shall be listed on the BSE and NSE within 12 Working Days from the relevant Tranche Issue Closing Date.
INVESTMENT RATIONALE
• Opportunity to invest in a Government of India controlled company, registered with the Reserve Bank of India (RBI) as a Systemically Important Non-Deposit taking NBFC (NBFC-ND-SI).
• These NCDs are proposed to be listed on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”)
For More Information:
Contact Us:
Gaurav Kansal- 9313368533
Email: kfs.del@gmail.com
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