Religare Finvest Ltd (PP) - NCD Issue

NCD Issue - Religare Finvest Ltd (Private Placement)

Issue Closes on: 18-Nov-11





Religare Finvest Limited (RFL)

Total Amount

Up to Rs. 100 crores


Unsecured Redeemable Listed Non-Convertible Subordinated Debentures

Objects of the Issue

To Enhance Subordinated Debt & Capital Adequacy of the Company

Credit rating

LAA- by ICRA & AA-(ind) by Fitch


5 Year 6 Months (66 Months)

Redemption (At par)

At the end of 66 Months from deemed date of allotment

Coupon rate

13.00% p.a.

Interest Payable

Annual & at Maturity

Form of issuance

Only in Dematerialized form

Face Value

Each Debenture shall have face value of Rs. 10 Lakhs


Proposed on BSE


SEBI Recognized Trustee would be appointed by the Issuer

Interest on application money

At the respective coupon rates (subject to deduction of tax of source, as applicable) from the date of realization of cheque(s) / demand draft(s) up to one day prior to the Deemed Date of Allotment.



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