Friday, March 13, 2009

[Investors Please Listen] NHAI Capital Gain Bond


Credit rating

" AAA/Stable" by CRISIL and " AAA/ind" by Fitch Ratings

Face Value

Rs. 10000/- per Bond

Issue price

Rs. 10000/- per Bond

Minimum application size

Five Bonds of Rs. 10,000/- each and in multiple of one Bond thereafter.

Maximum application size

Five Hundred Bonds of Rs. 10,000/- each (Rs. 50,00,000 ) subject to fulfillment of other conditions as specified in Income Tax Act.

Mode of Subscription

100% on application

Deemed Date of Allotment

Last day of each month for application money cleared and credited in NHAI's collection account

Transferability

The Bonds are non-transferable, non-negotiable and cannot be Offered as a security for any loan or advance

Maturity

3 years from Deemed Date of Allotment

Interest payment

Annual

Coupon rate

6.25%  per annum w.e.f. 01-11-2008 .The rate of Interest for allotments made till Oct'08 is 5.75 % per annum.

Redemption

Bullet, at the time of Maturity

Trustee

Syndicate Bank, 6, Bhagwan Dass Road, New Delhi-01

Availability of the prospectus and application form

Across the country with NHAI office, leading SEBI Registered Category-I Merchant Bankers & Banks

Bankers

All the Branches of Union Bank of India & IDBI Bank.  Selected branches of Syndicate Bank, HDFC Bank, Canara Bank & Punjab National Bank.  For details of bank branches please refer Information Memorandum (IM).

Ceiling

Fixed by CBDT or NHAI Board ( currently Rs.3,700 Crore)

Date of Allotment

At the last day of every month

Date of Start

26.05.2008

Date of Closure

31.03.2009

Applicable Laws

Income Tax Act 1961 and NHAI Act

Registrar

Mas Services Ltd.  T-34, Okhla Industrial Area, Phase II, New Delhi -110020 (Ph. 011-26387281/7282/7283, Fax: 011-2638738)

TDS

No TDS


For more info contact, 9818269396 or investorspleaselisten@in.com

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1 comment:

yashkaushab said...

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Safe Harbor:

The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
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