Thursday, February 3, 2011

L&T Infrastructure Finance Company Ltd - tax-saving long term infrastructure bonds under Section 80CCF of the I.T. Act

L&T INFRASTRUCTURE FINANCE COMPANY LIMITED

Issue Opens : 7th February, 2011
Issue Closes : 7th March, 2011
Issue Size : Rs.100 Crores
Green Shoe : Rs.300 Crores
Face Value : Rs.1000/-
Minimum Application Size : 5 Bonds and multiples of 1 Bond
Maturity Period : 10 Years from the date of Allotment
Lock in period : 5 years from the Date of Allotment
Buy Back Option : Available at the end of 5 year & 7 years
Interest Rate : 8.20% p.a. (Option -1) & 8.30% p.a. Compounded Annually (Option-II)
Issuance : In Dematerialised Form
Trading : In Demat Form post Lock-in periond
Listing : NSE
Ratings : CARE AA+ by CARE and LAA+ by ICRA
Lead Managers : ICICI Securities Limited, HDFC Bank Limited, SBI Capital Markets Limited and Karvy Investor Services Limited.


Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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