Trading Members of the Exchange are hereby informed that the under mentioned securities of Indian Railway Finance Corporation Limited are admitted to dealings on the Exchange with effect from Friday, February 21, 2014 in the list of "F GROUP".
Securities:
Indian Railway Finance Corporation Ltd. Tax free Secured Redeemable Non convertible Bonds in the nature of Debentures of face value Rs. 1000 each.
|
Name of the Company
|
Indian Railway Finance Corporation Limited
|
|
Face/Paid-up value of Bonds (Rs. /Bond)
|
Rs. 1,000/-
|
Rs. 1,000/-
|
Rs. 1,000/-
|
Rs. 1,000/-
|
|
Issue Price of Bonds (Rs. /Bond)
|
Rs. 1,000/-
|
Rs. 1,000/-
|
Rs. 1,000/-
|
Rs. 1,000/-
|
|
Scrip Code
|
961827
|
961828
|
961829
|
961830
|
|
Scrip ID
|
823IRFC24
|
840IRFC29
|
848IRFC24
|
865IRFC29
|
|
Security Description
|
8.23%
(For Category I, II & III) Secured Redeemable Tax Free Bonds
- Series IA
|
8.40%
(For Category I, II & III) Tax Free Secured Redeemable Non Convertible Bonds
- Series IIA
|
8.48%
(For Category IV)
Tax Free Secured Redeemable Non Convertible Bonds
- Series IB
|
8.65%
(For Category IV) Tax Free Secured Redeemable Non Convertible Bonds
- Series IIB
|
|
No. of Securities
|
17,783,210
|
10,901,868
|
5,262,546
|
6,883,591
|
|
Distinctive Numbers
|
1 to 17783210
|
1 to 10901868
|
1 to 5262546
|
1 to 6883591
|
|
ISIN
|
INE053F07652
|
INE053F07660
|
INE053F07678
|
INE053F07686
|
|
Abbrv. Name
|
823IRFC24
|
840IRFC29
|
848IRFC24
|
865IRFC29
|
|
Coupon (%) #
|
8.23%
|
8.40%
|
8.48% (If held by Category I, II and III Investors, the coupon rate shall be reduced by 25bps)
|
8.65% .(If held by Category I, II and III Investors, the coupon rate shall be reduced by 25bps)
|
|
Deemed Date of Allotment
|
February 18, 2014
|
|
Date of Allotment
|
February 18, 2014
|
|
Redemption/Maturity date
|
February 18, 2024
|
February 18, 2029
|
February 18, 2024
|
February 18, 2029
|
|
Tenor
|
10 Years
|
15 Years
|
10 Years
|
15 Years
|
|
Maturity/Redemption Amt. per Bond
|
Rs. 1,000/-
|
Rs. 1,000/-
|
Rs. 1,000/-
|
Rs. 1,000/-
|
|
Frequency of Interest payment
|
Annual
|
|
First Interest payment date
|
April 15, 2014
|
|
Interest payment dates
|
First Interest Payment date is on April 15, 2014 and subsequently on April 15th every year except
the last Interest Payment along with the redemption amount.
|
|
Credit Rating
|
“CRISIL AAA/Stable” ; “[ICRA] AAA” ; “CARE AAA"
|
|
Market lot
|
One Bond
|
# In pursuance of CBDT Notification and for avoidance of doubts, it is clarified as under:
a. The coupon rates indicated under Tranche I Series IB and Tranche I Series IIB shall be payable only on the Portion of Bonds allotted to Category IV in the Issue. Such coupon is payable only if on the Record Date for payment of interest, the Bonds are held by investors falling under Category IV.
b. In case the Bonds allotted against Tranche I Series IB and Tranche I Series IIB are transferred by Category IV to
Category I, Category II and/or Category III, the coupon rate on such Bonds shall stand at par with coupon rate
applicable on Tranche I Series IA and Tranche I Series IIA respectively.
c. If the Bonds allotted against Tranche I Series IB and Tranche I Series IIB are sold/ transferred by the Category IV to investor(s) who fall under the Category IV as on the Record Date for payment of interest, then the coupon rates on such Bonds shall remain unchanged;
d. Bonds allotted against Tranche I Series IB and Tranche I Series IIB shall continue to carry the specified coupon rate if on the Record Date for payment of interest, such Bonds are held by investors falling under Category IV;
e. If on any Record Date, the original Category IV allotee(s)/ transferee(s) hold the Bonds under Tranche I Series IB and Tranche I Series IIB for an aggregate face value amount of over ` 10 lakhs, then the coupon rate applicable to such Category IV allottee(s)/transferee(s) on Bonds under Tranche I Series IB and Tranche I Series IIB shall stand at par with coupon rate applicable on Tranche I Series IA and Tranche I Series IIA respectively;
f. Bonds allotted under Tranche I Series IA and Tranche I Series IIA shall carry coupon rates indicated above till the
respective maturity of Bonds irrespective of Category of holder(s) of such Bonds
1. Trading Members may note that as per the guidelines issued by SEBI dated 16th February, 2000; Bonds will only be traded in dematerialized form. Trades effected in this scrip will be in unit market lot (i.e. One Bond).
2. The financial year of Indian Railway Finance Corporation Ltd. ends on the 31st March.
3. The address and contact details of the Company are as below:
Registered & Corporate Office: Indian Railway Finance Corporation Ltd
UG Floor, East Tower, NBCC Place, Pragati Vihar, Lodhi Road, New Delhi-110003
Tel: (91 11) 2436 9766/69; Fax: (91 11) 2436/6710
email :dmgr@irfc.nic.in
4. Given below is the address and contact details of the Registrar and Share Transfer Agents:
Karvy Computershare Private Limited
Contact Person: Mr. M. Murali Krishna
Plot no. 17-24, Vithalrao Nagar,Madhapur, Hyderabad 500 081
Tel: (91 40) 4465 5000 Fax: (91 40) 2333 1551
5. In case Trading Members require any clarification on the subject matter of this notice, they may contact:
I) At Indian Railway Finance Corporation Ltd
Compliance Officer: Mr. Ashutosh Samantaray, Dy. General Manager (F&A)
Tel: (91 11) 2436 9766/69; Fax: (91 11) 2436 9770
Email:: dmgr@irfc.nic.in
II) At the Exchange: Ms. Shilpa Pachori (Dy.Manager) on Tel. No.: 022-22728352 or undersigned on Tel No: 022-22728701
Hetal Kotak
Asst Gen Manager
February 20, 2014 |