Monday, February 25, 2013

India Infrastructure Finance Company Limited (IIFCL Tax Free Bonds) Tranche - 2 Opens on 25 Feb 2013


We take immense pleasure in informing that you can now apply for the India Infrastructure Finance Company Limited (IIFCL Tax Free Bonds) Tranche - 2 . The issue is opening on 25th February 2013.

Sr. No.
Particulars
Rate/Date
1
Rate of Interest for 10 Years Tenure
7.36% p.a. (payable annually) for Retail (Applying for amount aggregating Upto Rs.10 lacs) and 6.86% p.a. (payable annually) for HNI (Applying for amount aggregating to above Rs.10 lacs)
2
Rate of Interest for 15 Years Tenure
7.52% p.a. (payable annually) for Retail (Applying for amount aggregating Upto Rs.10 lacs) and 7.02% p.a. (payable annually) for HNI (Applying for amount aggregating to above Rs.10 lacs)
3
Rate of Interest for 20 Years Tenure

7.58% p.a. (payable annually) for Retail (Applying for amount aggregating Upto Rs.10 lacs) and 7.08% p.a. (payable annually) for HNI (Applying for amount aggregating to above Rs.10 lacs)
4
Credit Rating
 CARE AAA by CARE „
„ICRA AAA by ICRA Limited „
5
Date of Opening of Issue
25th February 2013
6
Date of Closing of Issue
15th March 2013
7
Trading
Proposed BSE Ltd.(‘’BSE’’) The Designated Stock Exchange for the Issue is BSE
8
Lock in period
Nil
9
Minimum Application Size
Rs 5000 (5 Bonds) and in multiple of Rs. 1000
(1 bonds) thereafter

10
Basis of Allotment
First-come First-serve basis
  
Please note that these bonds are not eligible for deduction u/s 80CCF of Income Tax Act.


Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

NIFTY NEXT- Nifty Trading Range for 25 Feb 2013


Nifty-Spot today (25 Feb 2013) will Trade with Positive Note within the Range of` 5877-5927.As per Our NNI-Nifty Next Indicators, which has Increased in the Last Trading Session  by above +250% Suggests that Positive Movement for Index. As per Daily Price Chart, Major Momentum Indicators are in Over-Sold Zone and ready for Upward Move. Holding Long is Advisable here at these levels.Banking Stocks will perform Well Today.

Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We( WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.


Blog Archive