Public Issue of Secured Redeemable NCDs by IFCI Limited

GAURAV KANSAL 15:08 NCDs No comments

COMPANY PROFILE

• 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 : 20^th October 2014.

Issue Closing Date : 21^st 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.

Interest Rates :

Scheme Snapshot:

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