A GOOD FIXED DEPOSIT SCHEME
of india's fastest growing group JAYPEE GROUP
JAI PRAKASH ASSOCIATES LIMITED
Regd. & corporate office : Sector 128,Noida-201304
| Period | Min. Deposit | Payable on Maturity | Yeild % P. A |
| 6 Months | 20,000 | 21050 | 10.50% |
| 01 Year | 20,000 | 22204 | 11.02% |
| 02 Years | 20,000 | 24897 | 12.24% |
| 03 Years | 20,000 | 28193 | 13.66% |
Coal India Limited IPO.
Issue Period: October 18– October 21, 2010
Issue Period (For QIB): October 18– October 20, 2010
Issue Period (For Retail & HNI): October 18– October 21, 2010
Price Band: Rs.225/- to Rs.245/- per share
Retail & Employee Discount: 5% to the offer price adjusted at the time of allotment
Registrar: Link Intime India Pvt Ltd
Issue size: Rs 13,917 cr – Rs 15,154 cr (After adjusting for 5% discount to Retail and employees);
631,636,440 Equity Shares of Face Value Rs.10 each
through offer for sale by the President of India, Acting through the Ministry of Coal,
Govt. of India. 10% of Post Issue Share Capital
Net Issue: 568,472,796 Equity Shares
QIB Book: 284,236,398 Equity Shares (50% of Net issue size)
Retail Book: 198,965,479 Equity Shares (35% of Net issue size)
HNI Book: 85,270,919 Equity Shares (15% of Net issue size)
L&T Infrastructure Finance Company Limited Bond Issue details
Issue Highlights
Issue size: Rs 200 crores with an option to retain an oversubscription of up to Rs 500 crores.
Face value: Rs 1,000
Minimum Application: 5 bonds.
Lock-in Period: 5 years
Issue opens: 15th October 2010 Issue closes: 2nd November 2010
Credit Ratings: CARE AA+ CARE LAA+ ICRA
Salient features of the issue
• Public issue of bonds by an infrastructure finance company under Sec 80 CCF.
• Rating(s): - CARE AA+ by CARE and LAA+ by ICRA.
• These bonds will be issued only to Resident Indian Individuals (Major) and HUF.
• Security: The bonds are fully secured with Exclusive first charge on specific receivables of the Company with an asset cover of one time of the total outstanding amount of Bonds and first pari-passu mortgage/charge on the leasehold rights on land.
• The Bonds bear an attractive combination of coupon rate ranging between 7.50% and 7.75% p.a. coupled with tax benefits of upto. Rs 20,000 under Sec 80 CCF.
• There are 4 investment options, suiting the needs of different categories of investors
• The bonds will be issued in either Demat form or physical form at the option of bondholders
• No TDS shall be deducted for bonds issued in demat form. In case of bonds issued in physical form, TDS will deducted in case interest amount exceeds Rs.2,500 p.a.
• The bonds will be listed on NSE and can be traded after the 5 year lock - in period
• Investors can mortgage or pledge these bonds to avail loans after the lock-in period.
• Under Section 80 CCF of the I.T. Act, an investor in such infrastructure bonds will be entitled to tax deduction of investments of up to Rs 20,000. The deduction is over and above the Rs. 1,00,000 deduction available under section 80C, 80CCC & 80CCD read with section 80CCE.
Maturity: The Bonds, with a maturity of 10 years, will be issued in 4 series.
Face Value: Each Bond of face value of Rs 1,000 each.
| Series | 2 | 4 |
| Face Value per bond | Rs.1000 | Rs.1000 |
| Minimum Application | 05 bonds (Rs.5000/-) | 05 bonds (Rs.5000/-) |
| Interest/ Coupon rate offered | 7.75% annually compounded | 7.50% annually compounded |
| Time of Maturity | 10 years | 10 years |
| Time of Buy Back | 7 Years | 5 Years |
| Maturity Amount | Rs.2110.00 | Rs.2061.00 |
| Buy Back amount | Rs.1687.00 | Rs.1436.00 |
Buyback facility: Buyback option available to the Investors at the end of 5 Years or 7 Years.
Bond Issue Profile
