Trading Members of the Exchange are hereby informed that with effect from Monday, June 25, 2018, the under mentioned new securities issued by IndoStar Capital Finance Limited on private placement basis shall be listed and admitted to dealings on the Exchange in the list of F GROUP - DEBT INSTRUMENTS
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1) Securities Description
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Secured Rated Listed Redeemable Non- Convertible Debentures Series – “XXIX – 04th June 2021” issued on private placement basis of Rs.10,00,000/- each fully paid up.
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Quantity
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750
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Market Lot
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1
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Scrip Code
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957991
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Scrip ID on the Bolt System
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ICFL7JUN18
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Detail Name on the Bolt System
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ICFL-4-6-21-PVT
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ISIN Number
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INE896L07595
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Credit Rating
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CARE AA-
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Face Value
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Rs.10,00,000/-
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Paid up Value
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Rs.10,00,000/-
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Rate of Interest
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Benchmark Rate plus Spread of 1.10% (110 basis point), p.a. Payable monthly
- Spread for the First year will be settled at 1.10%
- Spread can never be negative
- Spread for subsequent years will be decided basis spread reset mechanism
Benchmark Rate:
“1 year SBI MCLR” which is 1 year MCLR rate of State Bank of India
Benchmark Fixing:
1 year SBI MCLR rate observed on last working day of the previous month to arrive at the coupon payable for the next month
Observation Dates:
Last working day of previous month to arrive at the coupon payable for the next month. In case observation date is holiday then the previous preceding working date
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Date(s) of Payment of Interest
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Monthly
07/07/2018 To 04/06/2021
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Actual/Deemed Date of allotment
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07/06/2018
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Date of Redemption
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04/06/2021
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Put / Call option
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N.A.
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The trading members may also note as under:
a) The aforesaid securities of the company will be traded only in dematerialized form under the ISIN Number as mentioned above.
b) The trading shall take place in standard denomination of Rs.10 Lakhs
c) The tick size for the securities is 1 paise
The Registrars and transfer agent is:
Link In time India Private Ltd
C 101, 247 Park, L B S Marg,
Vikhroli West, Mumbai 400 083
In case the trading members require any clarification they may please contact Ms. Rupal Khandelwal on 22728352/8550/8995.
Bhushan Mokashi
Additional General Manager
June 22, 2018
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