12.15% Religare Finvest NCDs available at par

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Dear Investor,

With the RBI showing signs of monetary easing, the time is opportune to invest in good quality corporate bonds with a medium to long term investment horizon. Apart from fetching attractive coupon rates, there is also an opportunity to make capital gains on bonds if interest rates eventually soften. One good option to consider is theNon-Convertible Debentures (NCDs) issued by Religare Finvest Ltd (RFL). These NCDs offer a highcoupon rate of 12.15%. The bonds have been rated LAA- by ICRA indicating a high degree of safety regarding timely servicing of financial obligations and carrying low credit risk.

Bond Details:

Details	Particulars
Rating	LAA- by ICRA
Face Value	Rs.1000
Minimum Investment	100 Debentures
Coupon/Interest Rate	12.15% p.a
Interest Payment Frequency	Annual
Maturity	23 Sep 2014
Put/Call option	N.A
Issuance	Demat Form

Company Overview:

Religare Finvest, a 100% subsidiary of Religare Enterprises Ltd, is a SME (Small & Medium Enterprise) financing focussed NBFC with a wide network of branches. It is a registered NBFC which concentrates on providing debt to encourage SMEs and credit like Loan against Property, Loan for Commercial Vehicles, Personal Finance etc. With a belief that the customer’s success is their success, its presence in 39 branches across all major cities plays a vital role in nurturing the customers business while growing to a book size of over US $2 Bn.

Company Financials:

                                                                                        (Rs.Cr)

Particulars	Mar-09	Mar-10	Mar-11
Total Income	354.68	536.16	1,163.15
Profit after Tax	46.04	102.83	114.77
Networth	1,342.69	1,465.67	1,610.13