IDFC Infrastructure Bonds 2011-12 Tranche 2 Posted: 11 Jan 2012 12:08 PM PST IDFC is launching Infrastructure Bonds on January 11, 2012 under public issue of tranche 2 bonds of long term infrastructure bonds of face value of Rs. 5,000 each, in the nature of secured, redeemable, non-convertible debentures, having benefits under section 80CCF of the Income Tax act, 1961, to be issued at par on the terms contained in the Shelf Prospectus and this Prospectus – Tranche 2. Jainbroker@yahoo.in  Issue Highlight IDFC INFRASTRUCTURE BONDS TRANCHE 2  *U/S 80 CCF Issue Opens On: Jan 11, 2012 Issue Closes On: Feb 25, 2012 Rating “(ICRA)AAA” By ICRA “FITCH AAA(Ind)” By FITCH Issuer  Infrastructure Development Finance Company Limited Security First pari passu floating charge over the Secured Assets and first fixed pari passu charge over specified immovable properties of the Company more particularly as detailed in the section entitled Security Cover 1.0 time the outstanding Tranche 2 Bonds at any point of time. Listing  NSE and BSE Debenture Trustee IDBI Trusteeship Services Limited Depositories National Securities Depository Limited and Central Depository Services (India) Limited Maturity Date 10 years from the Deemed Date of Allotment Lock-in Period 5 years from the Deemed Date of Allotment Buyback Date The date falling five years and one day from the Deemed Date of Allotment. Trading Dematerialized form only following expiry of the Lock-in Period Terms of the Issue Tranche 2 Bonds Series 1 2 Frequency of Interest payment Annual Cumulative Face Value & Issue Price (Rs per Tranche 2 Bond) Rs  5,000/- Rs  5,000/- Minimum Application Two (2) Tranche 2 Bonds and in multiples of one (1) Tranche 2 Bond thereafter. For the purpose fulfilling the requirement of minimum subscription of two (2) Tranche 2 Bonds, an Applicant may choose to apply for two (2) Tranche 2 Bonds of the same series or two (2)Tranche 2 Bonds across different series. Buyback Facility  Yes Yes Buyback Date Date following five years and one day from the deemed date of allotment Buyback Amount Per Tranche 2 Bond Rs 5,000/- Rs 7,590/- Buyback Intimation Period The period beginning not before nine months prior to the Buyback Date and ending not later than six months prior to the Buyback Date. Maturity Date 10 Year from the deemed date of allotment Interest Rate  8.70% p.a. N. A. Maturity Amount per Tranche 2 Bond Rs 5,000/- Rs 11,515/- Yield of the Bond on Maturity 8.70% p.a 8.70% p.a. compounded annually Yield of the Bond on Buyback 8.70% p.a 8.70% p.a. compounded annually • Cheque/DD should be drawn in favour of “IDFC Infra Bonds-Tranche 2” by all applicants. It should be crossed “A/c payee only”. • Please write the sole/First Applicant’s name, phone no. and application no. on the reverse of Cheque/DD

PFS Long Term Infrastructure Bond Series 2 Posted: 08 Jan 2012 08:51 AM PST PTC India Financial Services Ltd. (PFS) has launched infrastructure bonds in the name as,  under section 80CCF of face value of Rs. 5000/- each to remain open till February 29, 2012 for subscription.  The company has set up as a special purpose investment vehicle for providing total financing solutions to the energy value chain which inter-alia includes investing in equity and/or extending debt to power projects, which are working in generation, transmission, distribution, equipment manufacturers, fuel sources and EPC contractors and carbon credit finance. For Application Form, mail at : Jainbroker@yahoo.in Issue Details Issue Opens: 30-Dec-2011 Issue Closes: 29-Feb-2012                                                          PTC India Financial Services Ltd. (PFS) Options I II III IV Frequency of Reuest Payment Annual Cumulative Annual Cumulative Face value of each Bond(Rs) 5000/- 5000/- 5000/- 5000/- Minimum Application One Bond One Bond One Bond One Bond In multiple of  One Bond One Bond One Bond One Bond Tenor (in years) 10 10 15 15 Coupon rate 8.93% per annum 8.93% p.a. annual compounding 9.15% per annum 9.15% p.a. annual compounding Coupon payment date March 15, Every Year At the time of Maturity March 15, Every Year At the time of Maturity Buy Back Option Every Year After the End 5 Years and 1 day Every Year After the End 7 Years and 1 day Buy Back date March 16 of 2017 to 2021    March 16 of 2019 to 2026 Maturity Date 15-Mar-22 15-Mar-22 15-Mar-27 15-Mar-27 Buy Back Intimation Period Every year between January 1 to 31 Starting from Year 2017 – 2021 Every year between January 1 to 31 Starting from Year 2019 – 2026 Maturity/Redemption AMT (Rs. Per Bond)   5,000/-   11,977/-   5,000/-   18,592/-   Lock-in period from the deemed date of Allotment   5 years   5 years   7 years   7 years   At the end of Year 5/7   5,000/-   7,731/-   5,000/-   9,929/- Rating                                    ‘A+’ by CARE, ‘A+’ by ICRA, ‘AA’ by Brickwork

L&T Infrastructure Bond 2012A (Tranche 2)

Posted: 08 Jan 2012 11:25 AM PST

L&T Infrastructure Finance Company Ltd has launched Public Issue of Long Term Infrastructure Bonds 2012A Tranche-2  of face value of Rs. 1,000 each, as nature of secured, redeemable, non-convertible debentures, having benefits under section 80CCF of the Income Tax act, 1961 (the “Tranche 2 Bonds”).

For Application form, mail at : Jainbroker@yahoo.in

Issue details

Prticulrs	L&T Infra Bonds Tranche 2
Issue Opening Date	10-Jan-12
Issue Closing Date	11-Feb-12
Rating	CARE AA+ and ICRA AA+
Coupon	8.70% p.a.
Tenure	10 Years
Face Value of Bond	1000
Minimum Application size	Rs.5000 and in multiple of Rs.1000 thereafter
Option	Annual as well as Cummulative
Issuance	Demat as well as physical
Listing	NSE and BSE
Cheque Favouring	L&T Infra Bonds 2012A

SIFL Infrastructure Bonds 2011-12 Tranche 1

Posted: 03 Jan 2012 02:32 AM PST

Srei Infrastructure Finance Limited (‘SIFL’) was incorporated in 1985. SREI providing financial products and services to customers engaged in infrastructure development and construction, mainly focusing on power, road, telecom, port, oil and gas & SEZ sectors in India with a medium to long term perspective.
The Company was notified as a Public Financial Institution on September 26, 2011 by the Ministry of Corporate Affairs under Section 4A of the Companies Act, 1956.
The Company is coming out with a Public Issue of Long Term Infrastructure Bonds – Tranche 1 (the “Issue”) for an amount not exceeding `300 crores. The funds raised through this Issue would be utilised towards infrastructure lending.
Company will maintain an asset cover of at least 100% of the outstanding amount of the Bonds, at all times, till the Bonds are completely redeemed. Resident Individuals, who are not minors and HUFs shall be eligible to apply for this Issue.

For Application Form, mail at : Jainbroker@yahoo.in

Issue Highlights

• Investment upto ` 20,000 in SIFL Infrastructure Bonds – Tranche 1 will be eligible for exemption under Section 80CCF of the Income Tax Act, 1961
• Interest rate is 8.90% p.a. for Series 1 and 2 and 9.15% p.a. for Series 3 and 4. Interest under series 1 and series 3 will be payable annually and interest under series 2 and series 4 will be payable cumulatively (compounded annually)
• Buyback facility is offered under all the series at the end of 5 years and one day from the Deemed Date of Allotment
• Maturity will be at the end of 10 years from the Deemed Date of Allotment for Series 1 and 2 and will be at the end of 15 years from the Deemed Date of Allotment for Series 3 and 4
• Minimum Investment required in SIFL Tranche 1 Issue is ` 1,000 and in multiples of ` 1,000 thereafter
• Investors will be having an option to hold the Bonds in physical form or demat form.
• An applicant is allowed to do multiple applications in SIFL Tranche 1, however tax benefit under Section 80CCF of the Income Tax Act, 1961 would be applicable to ` 20,000 only.
• CARE has assigned CAREAA rating to the bonds proposed to be issued. The instruments with a rating of ‘CARE AA’ by CARE are considered to offer high degree of safety regarding timely servicing of financial obligations.
• Issue Opens On: December 31, 2011
• Issue Closes On: January 31, 2012

Srei Tranche 1 Issue Structure
Series	1	2	3	4
Face Value per Tranche 1 Bond	` 1,000	` 1,000	`1,000	` 1,000
Minimum Application	1 Bond and in multiples of 1 Bond thereafter. An Applicant may choose to apply for the Tranche 1 Bonds across the same series or different series.	1 Bond and in multiples of 1 Bond thereafter. An Applicant may choose to apply for the Tranche 1 Bonds across the same series or different series.	1 Bond and in multiples of 1 Bond thereafter. An Applicant may choose to apply for the Tranche 1 Bonds across the same series or different series.	1 Bond and in multiples of 1 Bond thereafter. An Applicant may choose to apply for the Tranche 1 Bonds across the same series or different series.
Interest Rate	8.90% p.a.	8.90% p.a., compounded annually	9.15% p.a.	9.15% p.a., compounded annually
Frequency of interest payment	Annual	Cumulative	Annual	Cumulative
Redemption/Maturity Date	One date, being the date falling ten years from the Deemed Date of Allotment	One date, being the date falling ten years from the Deemed Date of Allotment	One date, being the date falling fifteen years from the Deemed Date of Allotment	One date, being the date falling fifteen years from the Deemed Date of Allotment
Maturity Amount	1,000 per Tranche 1 Bond and accrued interest calculated from the last interest payment date to the Maturity Date	`2346.73 per Tranche 1 Bond and interest on Application Interest compounded annually at the end of ten years	`1,000 per Tranche 1 Bond and accrued interest calculated from the last interest payment date to the Maturity Date	`3718.40 per Tranche 1 Bond and interest on Application Interest compounded annually at the end of fifteen years
Buyback Date	One date, being the date falling five years and one day from the Deemed Date of Allotment
Buyback Amount	1000	1531.58	1000	1549.24
Buyback Intimation Period	The period beginning not more than nine months prior to the Buyback Date and ending not later than six months prior to the Buyback Date
Tax Rate	Tax Benefit adjusted rate of return on Maturity (with Tax Benefits upto ` 20,000 per annum) u/s 80CCF of the Income Tax Act, 1961)
@10.30%	10.62%	10.09%	10.55%	9.94%
@20.60%	12.64%	11.44%	12.21%	10.84%
@30.90%	15.07%	13.00%	14.24%	11.87%
Tax Rate	Tax Benefit adjusted rate of return on Buyback (with Tax Benefits up to ` 20,000)
@10.30%	11.74%	11.29%	12.01%	11.55%
@20.60%	15.05%	14.04%	15.35%	14.30%
@30.90%	19.01%	17.26%	19.33%	17.52%

NSE BSE Trading Holidays 2012 Posted: 01 Jan 2012 10:21 AM PST Following is the list of trading holidays for the year 2012. Only those festivals and occasions that are falling on working days are mentioned below. Market Segment  Date  Day  Description CM 26-Jan-12  Thursday Republic Day CM 20-Feb-12    Monday Mahashivratri CM 8-Mar-12  Thursday Holi CM 5-Apr-12  Thursday Mahavir Jayanti CM 6-Apr-12  Friday Good Friday CM 1-May-12  Tuesday May Day CM 15-Aug-12   Wednesday Independence Day CM 20-Aug-12  Monday Ramzan Id CM 19-Sep-12  Wednesday Ganesh Chaturthi CM 2-Oct-12  Tuesday Gandhi Jayanti CM 24-Oct-12  Wednesday Dasara CM 13-Nov-12  Tuesday Laxmi Puja* CM 14-Nov-12  Wednesday Diwali-Balipratipada CM 28-Nov-12  Wednesday Gurunanak Jayanti CM 25-Dec-12  Tuesday Christmas Muhurat Trading will be held on Tuesday, November 13, 2012 (Diwali Amavasya – Laxmi Puja) The Exchange may alter / change any of the above Holidays, for which a separate circular will be issued in advance.

Power Finance Corporation Tax Free Bonds Posted: 27 Dec 2011 12:14 PM PST Power Finance Corporation Ltd. (PFC), a  Government of India undertaking with status of navratna PSU  is launching Tax Free bonds, as per reports, from December 31, 2011 with coupon rates of 8.20% under 10 years plan and 8.30% under 15 years plan, for the value of Rs 1000 Crore with option to retain oversubscription upto the Shelf Limit of Rs 4033.13 Crore with face value of bonds of Rs 1000/- each at par value. The terms and conditions are : For Application form mail at : Jainbroker@yahoo.in PUBLIC ISSUE OF TAX FREE BONDS HIGHLIGHTS OF THE BOND ISSUE Issuer Power Finance Corporation Ltd. (“PFC”/ “Company”/ “Corporation”) Issue Opening Date 30/12/2011 Issue Closing Date 16/01/2012 The subscription list for the Issue shall remain open for subscription at the commencement of banking hours and close at the close of banking hours, with an option for early closure (subject to the Issue being open for a minimum of 3 days) or extension by such period, upto a period of 30 days from the date of opening of the Issue, as may be decided by the Board of Directors/ Committee of PFC. In the event of such early closure of the subscription list of the Issue, our company shall ensure that public notice of such early closure is published on or before the day of such early date of closure through advertisement(s) in a leading national daily newspaper. Instrument Tax Free Secured Redeemable Non Convertible Bonds in the nature of Debentures Issue Size Rs. 1,000 crores with an option to retain an oversubscription upto the Shelf Limit of Rs. 4033.13 crores Tax Benefits 1. The income by way of interest on these Bonds shall not form part of total income as per provisions under section 10 (15) (iv) (h) of I.T. Act, 1961; 2. There shall be no deduction of tax at source from the interest, which accrues to the bondholders in these bonds irrespective of the amount of the interest or the status of the investors; 3. As per section 112 of the IT Act, capital gains arising on the transfer of long term capital assets being listed securities are subject to tax at the rate of 20% of capital gains calculated after reducing indexed cost of acquisition or 10% of capital gains without indexation of the cost of acquisition; 4. Wealth Tax is not levied on investment in Bond under section 2(ea) of the Wealth-tax Act, 1957. Instrument Form At the option of investors, in dematerialized form and in physical form Trading Only in dematerialized form Security Charge on the book debts of the Issuer and/or identified immovable property by a first/ pari passu charge, as may be agreed between the Issuer and the Debenture Trustee, pursuant to the terms of the Debenture Trust Deed Credit Rating “CRISIL AAA/Stable” by CRISIL and                                                                     “[ICRA] AAA” by ICRA Face Value Rs. 1,000/- per Bond Issue Price At par i.e. Rs. 1,000/- per Bond Minimum Application 10 Bonds (Rs. 10,000/-) and in multiples of 5 Bonds (Rs. 5,000/-) thereafter Tranche/ Series Tranche-I Series-I Tranche-I Series-II Tenor 10 Years 15 Years Put & Call Option None None Maturity/ Redemption At par on the expiry of 10th Year from the Deemed Date of Allotment At par on the expiry of 15th Year from the Deemed Date of Allotment Coupon Rate 8.20% p.a. 8.30% p.a. Interest Payment Annual Annual Interest Payment Dates Every year on October 15, and on respective maturity Listing Proposed on BSE Ltd. (“BSE”) Trustee GDA Trustee & Consultancy Ltd. Deemed Date of Allotment The date on which the Directors of the Company or any committee thereof approves the Allotment of the Bonds. All benefits relating to the Bonds including interest on Bonds shall be available to the investors from the Deemed Date of Allotment. The actual allotment of Bonds may take place on a date other than the Deemed Date of Allotment Record Date 15 days prior to the due date for payment of interest or repayment of principal amount on maturity. In case of redemption of Bonds, the trading in the Bonds shall remain suspended between the record date and the date of redemption Issue Objects The proceeds of the Issue shall be utilised towards lending purposes, debt servicing and working capital requirements of the Issuer Interest on Application Money At the respective coupon rate (subject to deduction of income tax under the provisions of IT Act, 1961, as applicable), to the applicants to whom Bonds are allotted pursuant to the Issue from the date of realization of the cheque(s)/ demand draft(s) or 3 (three) days from the date of banking of the application (being the date of submission of each application as duly acknowledged by the Bankers to the Issue) whichever is later upto one day prior to the Deemed Date of Allotment. At the rate of 5% p.a. (subject to deduction of income tax under the provisions of the IT Act, 1961, as applicable) to the applicants to whom application monies are liable to be refunded the along with refund amount from the date of realization of the cheque(s)/ demand draft(s) or 3 (three) days from the date of receipt of the application (being the date of presentation of each application as acknowledged by the Bankers to the Issue) whichever is later upto one day prior to the Deemed Date of Allotment. PFC shall not be liable to pay any interest on monies liable to be refunded in case of (a) invalid applications or applications liable to be rejected, and/or (b) applications which are withdrawn by the applicant. Nature of Indebtedness and Ranking The claims of the Bondholders shall rank pari passu with other secured creditors having a charge over the on the book debts of the company and/or identified immovable property as may be agreed between the Company and the Debenture Trustee, pursuant to the terms of the Debenture Trust Deed and such claims shall be superior to the claims of any unsecured creditors Lead Managers to the Issue SBI Capital Markets Ltd., A.K. Capital Services Ltd. and RR Investors Capital Services (P) Ltd. Bankers to the Issue (i) State Bank of India, (ii) HDFC Bank Ltd., (iii) IDBI Bank Ltd., (iv) ICICI Bank Ltd. (v) Kotak Mahindra Bank Ltd., (vi) Axis Bank Ltd., (vii) Dhanlaxmi Bank Ltd., and (viii) IndusInd Bank Ltd. Base Issue Size Rs. 1,000 crore Overall Issue Size The aggregate value of Bonds decided to be allotted in the Issue (over and above the Base Issue Size, in case if PFC decides to retain any oversubscription in the Issue) Reservation for Categories On first-come-first-serve basis