REC Tax Free Bonds Subscription Figures at 12.15 p.m. on 30-08-2013

UPDATED details here:
http://indiaer.blogspot.in/2013/09/rural-electrification-corp-bond.html

http://indiaer.blogspot.in/2013/09/rural-electrification-corp-bond.html

Dear All

Please find below mentioned the collection figures of REC Tax Free Bonds at 12.15 p.m. today. 

REC TAX FREE BONDS - SUBSCRIPTION FIGURES
	WITHOUT GREENSHOE OPTION			WITH GREENSHOE OPTION
Category	Bonds Available	Response	Over	Bonds Available	Response	Over
	For Allocation	Recd	Subscription	For Allocation	Recd	Subscription
Category 1	2000000	599	0.00	7000000	599	0.00
Category 2	2000000	932500	0.47	7000000	932500	0.13
Category 3	2000000	1540250	0.77	7000000	1540250	0.22
Category 4	4000000	1232414	0.31	14000000	1232414	0.09
	10000000	3705763	0.37	35000000	3705763	0.11

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Category-I: Institutions 

•        Foreign Institutional Investors and sub-accounts (other than a sub account which is a foreign corporate or foreign individual) registered with SEBI including Sovereign Wealth Funds, Pension and Gratuity Funds registered with SEBI as FIIs; 
•        Public Financial Institutions, scheduled commercial banks, multilateral and bilateral development financial institutions, state industrial development corporations, which are authorised to invest in the Bonds; 
•        Provident funds and pension funds with minimum corpus of Rs. 25 crores, which are authorised to invest in the Bonds; 
•        Insurance companies registered with the IRDA; 
•        National Investment Fund set up by resolution no. F. No. 2/3/2005-DDII dated November 23, 2005 of the Government of India published in the Gazette of India; 
•        Insurance funds set up and managed by the army, navy or air force of the Union of India or set up and managed by the Department of Posts, India; 
•        Mutual funds registered with SEBI; and 
•        Alternative Investment Funds, subject to investment conditions applicable to them under the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012.

Category-II: Corporates

•        Companies within the meaning of section 3 of the Companies Act;
•        Statutory bodies/corporations;
•        Cooperative banks;
•        Trusts including Public/ private charitable/religious trusts;
•        Limited liability partnerships;
•        Partnership firms in the name of the firm.
•        Regional rural banks;
•        QFIs not being an individual;
•        Societies registered under the applicable law in India and authorized to invest in Bonds; and
•        Other legal entities, subject to compliance with their respective applicable legislations.

        
Category III: High Net worth Individuals):

The following Investors applying for an amount aggregating to above Rs.10 lakhs across all Series of Bonds in this Tranche – I Issue:
•        Resident Indian individuals;
•        Hindu Undivided Families through the Karta;
•        Non Resident Indians on repatriation as well as non-repatriation basis; and
•        QFIs being an individual.

Category IV: Retail Individual Investors):

The following Investors applying for an amount aggregating upto and including Rs. 10 lakhs across all Series of Bonds in this Tranche – I Issue: 
•        Resident Indian individuals;
•        Hindu Undivided Families through the Karta;
•        Non Resident Indians on repatriation as well as non-repatriation basis; and
•        QFIs being an individual