Friday 27 January 2012

IRFC TAX FREE BOND INDIAN RAILWAY FINANCE CORPORATION LIMITED is coming up with Public issue of Tax Free, Secured, Redeemable, Non-Convertible Bonds , for an amount of aggregating to Rs.3000 Crores with an option to retain an oversubscription up to t



 
 

Dear Customer,

INDIAN RAILWAY FINANCE CORPORATION LIMITED is coming up with Public issue of Tax Free, Secured, Redeemable, Non-Convertible Bonds , for an amount of aggregating to Rs.3000 Crores with an option to retain an oversubscription up to the Shelf Limit (6300 Crores).

Below are the details of the Issue:

IRFC BOND
ISSUE OPENS 27-Jan-12
ISSUE CLOSES 10-Feb-12
PRICE BAND Rs. 1000/-
MINIMUM APPLICATION 10 Units [Rs. 10, 000] and in multiples of 5 Bond (Rs. 5000) each thereafter.
MATURITY 10 & 15 years from the Deemed Date of Allotment.
INTEREST RATE Series 1 [Category I & II  8.0%] [Category III  8.15%] Payable Annually.
Series 2 [Category I & II  8.0%] [Category III  8.15%] Payable Annually.
RATING CRISIL AAA/Stable by CRISIL, CARE AAA by CARE & AAA by ICRA
Tax Benefits Interest on Bonds shall be exempt from income tax and shall not be included while computing the total income as per provisions u/s 10 (15) (iv) (h) of Income Tax Act, 1961, as amended. Since the interest income on these Bonds is exempt from tax.

You can Apply to this bond issue in both physical as well as dematerialized form. To download the form, please Click here

Documents Required for Physical Mode

  • Self-attested copy of the PAN card
  • Self-attested copy of a cancelled cheque of the bank account to which the amounts pertaining to payment of refunds, interest and redemption, as applicable, should be credited.
  • Self-attested copy of the proof of residence
 Any of the following Documents shall be considered as a verifiable proof of residence
  • Ration card issued by the GOI or
  • Valid Driving License issued by any transport authority of the Republic of India or
  • Electricity bill (not older than three months) or
  • Landline telephone bill (not older than three months) or
  • Valid passport issued by the GOI or
  • Voter's Identity Card issued by the GOI or
  • Passbook or latest bank statement issued by a bank operating in India
  • Leave and license agreement or agreement for sale or rent agreement or flat maintenance bill.
 Documents for Demat Mode
  • Self-attested copy of the PAN card
  • Allotment on first cum first serve basis.
  • Submit original Application form to the Bank Branches and collection centers mentioned in the reverse side of the application form.
  • Kindly refer to Red Herring Prospectus and risk factors before applying for the issue.

Disclaimer-The Applicant shall be responsible for providing the above information accurately.Delays or failure in credit of the payments due to inaccurate details shall be at the sole risk of the Applicants and neither the Lead Managers nor the Company shall have any responsibility and undertake any liability for the same.
In case of any queries, you can call at our Client helpline number (0124-4572444) between 9.00 A.M to 6.00 P.M from Monday to Friday (except trading holidays) or e-mail us at helpdesk@indiabulls.com ;
Grievances email id: grievances_ibsl@indiabulls.com

With Regards,
Indiabulls Securities Limited.
Note: Please do not reply to this e-mail as this is a computer-generated email.

 

 



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1 comment:

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