08 September 2011

EARN UPTO 12.50% INTEREST P.A with Religare NCD

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Issue HighlightsAllotment on first come, first serve basis!
ü Minimum Subscription: Rs 10,000(10 NCDs of face value Rs 1000 each)
ü Attractive interest rate of upto 12.50% per annum
ü No TDS on listed debentures*
ü To be listed on BSE
üAvailable for Resident Indian individuals, Non Resident Individuals (Non Repatriation Basis Only), HUF, Companies, Corporate bodies, Scientific Institutions, Trusts etc.



About Religare Finvest Ltd:

Religare Finvest Ltd. is a wholly owned subsidiary of Religare Enterprises Limited. It is registered as a Non-Deposit Accepting NBFC, focusing on small and medium enterprises (“SME”) financing and retail capital market financing via property, securities, assets, working capital etc.


Details of the Issue:
 


ParticularsOption I
Option II
Tenure60 months36 months
Minimum ApplicationRs. 10000 and in multiples of one NCDs thereafter
Face ValueRs. 1000 per debenture
Issue PriceRs. 1000 per debenture
Redemption amount (Rs./NCD)Face value plus any interest that may have accrued
Interest paymentAnnual
Coupon rate (%)
QIBs (Qualified Individual Buyers)12.10%12.00%
Residential Individuals / HUF / NRI/ Corporates (> Rs. 5 Lakh)12.25%12.15%
Resident Individuals / HUF / NRI
(< Rs. 5 lakh)
12.50%12.25%
Effective Yield (%)
QIBs (Qualified Individual Buyers)12.10%12.00%
Residential Individuals / HUF / NRI/ Corporates (> Rs. 5 Lakh)12.25%12.15%
Resident Individuals / HUF / NRI
(< Rs. 5 lakh)
12.50%12.25%

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