IDFC Infrastructure Bonds Tranche 1
Tax Saving Long Term Infrastructure Bonds 2011-12
Closes on 16th Dec 2011
1] IDFC Infrastructure Bond Application Form
2] List of Banks to submit your IDFC Infra Bond Application Form
Company Profile:
IDFC has been sponsored by the Government of India as a key institution to facilitate infrastructure development in the country. The focus areas for IDFC continue to be the Energy, Telecom, Industrial & Commercial Transportation sectors, although the company is also targeting the Healthcare, Education and urban Infrastructure sectors. IDFC also works with state and national level entities to formulate policies aimed at expediting infrastructure development in the country. Recently, IDFC has been classified as an infrastructure NBFC.
IDFC is a leading knowledge-driven financial services company in India and plays a central role in advancing infrastructure development in the country. IDFC is a one-stop-shop for all products and services across the infrastructure value chain. Established in 1997 as a private sector enterprise by a consortium of public and private investors, the Company listed its Equity Shares in India pursuant to an initial public offering in August 2005.
Financial Performance
IDFC has been Diversifying from infrastructure loan lending business to other sectors. These new sectors are expected to be the growth drivers in the future. The company has continued its strong growth during the FY 2010-11.
Balance sheet size:Rs.47,554 Crs.
Total Income: Rs.4,560 Crs.
Profit Before Tax Rs 1,730 Crs
Profit After Tax Rs.1,277 Crs.
Dividend:20%.
SUMMARY of ISSUE
Issuer Infrastructure Development Finance Company Ltd
Issue Opens on 21st Nov 2011Issue Closes on 16th Dec 2011Mode of Interest Payment / Redemption through ECS/At Par Cheques/Demand Drafts
Face Value per Tranche 1 Bond Rs.5,000/-
Issue Price per Tranche 1 Bond Rs. 5,000
Issuance Physical & Dematerialised mode
TDS No TDS on interest payment
Rating: "(ICRA)AAA" from ICRA, "Fitch AAA(ind)" from Fitch
Eligible Investors: Resident Indian Individuals and HUF through Karta
Tax Benefit: Benefits U/s 80CCF of the Income Tax, 1961 for Long Term Infrastructure Bonds
Listing: on NSE and BSE
Security: First pari passu floating charge over the Secured Assets and fixed specified immovable properties of the Company.
Options Series I Series II
Frequency of Interest Payment Annual Cumulative
Tenor 10 years 10 years
Face Value Rs./Bond Rs. 5,000/- Rs. 5,000/-
Coupon (% p.a.)/ Interest Rate 9% p.a. 9% p.a . (Compounding Annually)
Lock-in period from the deemed date of Allotment 5 years 5 years
Buyback Option(pre-mature withdrawal) Yes
At the end of Year 5 Rs.5,000/- Rs.7,695/-
Maturity Amount per Tranche 1 Bond, At the end of Year 10 Rs. 5,000/- Rs.11,840/-
The issuer would have the right to pre-close the issue or extend the closing date by giving 1 day notice to the Arrangers.
Bonds are on 1st come 1st serve basis.
Instruction:-
Attach following document along with the application form : -
1] PAN Card Photo Copy attested by you,
2] Address Proof photocopy attested by you.
3] One cancelled cheque/copy of cheque (for ECS)
4] Cheque / DD should be drawn in favour of "----------"
5] Issue closes on 16th Dec 2011.
6] Keep photocopy of application form for your record.
7] Before submitting the form, take unique Form No (serial No) from us.
8] Submit / deposit your Infra Bond application form in Listed/ Design Bank Branches.
9] To track your application form or status of your application form, send us the soft copy Application Form/ Acknowledgement Slip.
10] The Acknowledgement copy will suffice your taxation purpose.
11] The actual bond certificate will be send by post within 8-12 weeks time form date of allotment.
12] Free Home Service is available in Pune Area.(Min Investment Rs. 20,000/-)
https://sites.google.com/site/infrabondapplications/home/IDFC-Infrastructure-Bond-Application-Forms
Download Section 80CCF Tax Saving L&T Long Term Infrastructure Bonds Application Form
https://sites.google.com/site/infrabondapplications/home/l-t-long-term-infrastructure-bond-for-year-2011---2012
Tax Saving Long Term Infrastructure Bonds 2011-12
Closes on 16th Dec 2011
1] IDFC Infrastructure Bond Application Form
2] List of Banks to submit your IDFC Infra Bond Application Form
Company Profile:
IDFC has been sponsored by the Government of India as a key institution to facilitate infrastructure development in the country. The focus areas for IDFC continue to be the Energy, Telecom, Industrial & Commercial Transportation sectors, although the company is also targeting the Healthcare, Education and urban Infrastructure sectors. IDFC also works with state and national level entities to formulate policies aimed at expediting infrastructure development in the country. Recently, IDFC has been classified as an infrastructure NBFC.
IDFC is a leading knowledge-driven financial services company in India and plays a central role in advancing infrastructure development in the country. IDFC is a one-stop-shop for all products and services across the infrastructure value chain. Established in 1997 as a private sector enterprise by a consortium of public and private investors, the Company listed its Equity Shares in India pursuant to an initial public offering in August 2005.
Financial Performance
IDFC has been Diversifying from infrastructure loan lending business to other sectors. These new sectors are expected to be the growth drivers in the future. The company has continued its strong growth during the FY 2010-11.
Balance sheet size:Rs.47,554 Crs.
Total Income: Rs.4,560 Crs.
Profit Before Tax Rs 1,730 Crs
Profit After Tax Rs.1,277 Crs.
Dividend:20%.
SUMMARY of ISSUE
Issuer Infrastructure Development Finance Company Ltd
Issue Opens on 21st Nov 2011Issue Closes on 16th Dec 2011Mode of Interest Payment / Redemption through ECS/At Par Cheques/Demand Drafts
Face Value per Tranche 1 Bond Rs.5,000/-
Issue Price per Tranche 1 Bond Rs. 5,000
Issuance Physical & Dematerialised mode
TDS No TDS on interest payment
Rating: "(ICRA)AAA" from ICRA, "Fitch AAA(ind)" from Fitch
Eligible Investors: Resident Indian Individuals and HUF through Karta
Tax Benefit: Benefits U/s 80CCF of the Income Tax, 1961 for Long Term Infrastructure Bonds
Listing: on NSE and BSE
Security: First pari passu floating charge over the Secured Assets and fixed specified immovable properties of the Company.
Options Series I Series II
Frequency of Interest Payment Annual Cumulative
Tenor 10 years 10 years
Face Value Rs./Bond Rs. 5,000/- Rs. 5,000/-
Coupon (% p.a.)/ Interest Rate 9% p.a. 9% p.a . (Compounding Annually)
Lock-in period from the deemed date of Allotment 5 years 5 years
Buyback Option(pre-mature withdrawal) Yes
At the end of Year 5 Rs.5,000/- Rs.7,695/-
Maturity Amount per Tranche 1 Bond, At the end of Year 10 Rs. 5,000/- Rs.11,840/-
The issuer would have the right to pre-close the issue or extend the closing date by giving 1 day notice to the Arrangers.
Bonds are on 1st come 1st serve basis.
Instruction:-
Attach following document along with the application form : -
1] PAN Card Photo Copy attested by you,
2] Address Proof photocopy attested by you.
3] One cancelled cheque/copy of cheque (for ECS)
4] Cheque / DD should be drawn in favour of "----------"
5] Issue closes on 16th Dec 2011.
6] Keep photocopy of application form for your record.
7] Before submitting the form, take unique Form No (serial No) from us.
8] Submit / deposit your Infra Bond application form in Listed/ Design Bank Branches.
9] To track your application form or status of your application form, send us the soft copy Application Form/ Acknowledgement Slip.
10] The Acknowledgement copy will suffice your taxation purpose.
11] The actual bond certificate will be send by post within 8-12 weeks time form date of allotment.
12] Free Home Service is available in Pune Area.(Min Investment Rs. 20,000/-)
Download Section 80CCF Tax Saving IDFC Long Term Infrastructure Bonds Application Form
https://sites.google.com/site/infrabondapplications/home/IDFC-Infrastructure-Bond-Application-Forms
Download Section 80CCF Tax Saving L&T Long Term Infrastructure Bonds Application Form
https://sites.google.com/site/infrabondapplications/home/l-t-long-term-infrastructure-bond-for-year-2011---2012
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