03 August 2011

India Infoline Investment Services Ltd - NCDs Issue

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India Infoline Investment Services Limited NCD is open for subscription. Below are the details of the Issues:
OPTIONSIIIIII
Minimum applicationRs.5000 or 5 NCDs
Face ValueRs.1000
Issue PriceRs.1000
Coupon(%) for Institutional and Non institutional investors11.70%NA11.70%
Coupon(%) for Individual investor(11.70%NA11.90%
Coupon(%) for Individual investor(>Rs.500000)11.70%NA11.90%
Tenor36 Months40 Months60 Months
Redemption AmountFace value of the NCD + any accrued interestRs.1,446.18Face value of the NCD + any accrued interest
Nature of IndebtednessPari Passu with other secured creditors and priority over unsecured creditors.

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