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Issuer
IFCI Limited ("the Issuer")

Offering
2,00,000 Unsecured, Redeemable, Non-Convertible Bonds of Rs. 5,000/- each aggregating to Rs. 100 Crore with a green-shoe option to retain over-subscription for issuance of additional Infrastructure Bonds

Type
Private Placement basis

Instrument
Unsecured, Redeemable, Non-Convertible Bonds Series II having benefits under section 80 CCF of the Income Tax, 1961 for long term Infrastructure Bonds

Rating
BWR AA- by BRICKWORK RATINGS INDIA PVT LIMITED

Eligible Investors
Resident Indian Individual (Major) and HUF through Karta of the HUF

Security
Unsecured

Face Value
Rs.  5,000/- per bond

Issue Price
At par (Rs. 5,000/- per bond)

Minimum Subscription
1 Bond and in multiples of 1 Bond thereafter,

Tenure
10 years, with or without buyback option after five years

Options for Subscription
The Bonds are offered under the following 4 options-
• Option I - Non-cumulative and Buyback after 5 years
• Option II - Cumulative and Buyback after 5 years
• Option III - Non-cumulative and no Buyback
• Option IV - Cumulative and no Buyback

Redemption / Maturity
At par at the end of 10 years from the deemed date of allotment. For Cumulative Option, at par with cumulated interest thereon.

Coupon rate
• Option I & II - 8% p.a.
• Option III & IV - 8.25% p.a.
Option II and Option IV will have cumulative payment at the end of the Buyback period or 10 years, as per the option opted by the Investor.

Listing
Proposed to be listed on BSE

Trustee
Axis Trustee Services Limited

Depository
National Securities Depository Ltd. and Central Depository Services (India) Ltd.

Registrars
Beetal Financial & Computer Services (P) Ltd.

Mode of Payment
Interest payment will be made through ECS/At Par Cheques/Demand Drafts

Issuance
Demat form. But, investors interested for physical form may provide a cancelled cheque, self-certified copies of PAN Card and residential proof

Trading
Demat mode only following expiry of lock-in period

Issue Open Date
November 16, 2010

Issue Close Date
December 31, 2010
• The issuer would have the right to pre-close the issue or extend the closing date by giving 1 day notice to the Arrangers

Deemed Date of Allotment
January 31, 2011

Buyback dates
January 31 every year commencing from year 2016 till year 2020.

For further information, please contact Ms Maninder Kaur/ Ms.Barkha Chhabra /Mr. Gopal Singh/ IFCI Ltd, IFCI Tower,61 Nehru Place, New Delhi at 91-11-41792800/41732000 or  maninder.kaur@ifciltd.com or barkha.chhabra@ifciltd.com or gopal.singh@ifciltd.com.

To download Application Form, click here.

To download Information Memorandum,click here .

To view collecting bank branches list,click here .

To view contact details of arrangers,click here .

To view Corrigendum for subscription of bonds in physical form ,click here .