Invest in IFCI Ltd. (Promoted and Controlled by GOI) Secured NCDs : Opportunity to get Higher Interest for longer tenure(5&10 Yrs.) EARN upto 9.5% per annum
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ISSUE OPENS ON: JANUARY 1, 2015 |
ISSUE CLOSES ON*: FEBRUARY 4, 2015 |
Issue Highlights:
- Tenure: 5 years, and 10 years.
- Minimum Application: 10 NCDs (Rs. 10,000) and in the multiple of One NCD thereafter.
- Face Value per Bond: Rs. 1,000 each per NCD.
- Listing: Proposed to be listed in BSE and NSE.
- Issue: Base issue size of Rs 250 Crore, with an option to retain oversubscription up to the Residual Shelf Limit (i.e. Rs.790.813 Crore).
