IIFCL Ltd Tax Free Bond Tranche II – Issue details
IIFCL is engaged in providing long term financial assistance to commercially viable infrastructure projects with overriding priority PPP projects in the country in designated sectors like
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Issue Structure –
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*Additional Interest of 0.50% p.a. shall only be available to the original Allottees under category IV. In the event of Sold/transfer , the Coupon rate shall stand revised to the coupon rate applicable for allottee falling under Category I, II , III.
Cheque Details-
Retail Investor :
Bankers : [/wptabcontent]
[wptabtitle] About Issue[/wptabtitle] [wptabcontent]
About the Issuer
IIFCL is engaged in providing long term financial assistance to commercially viable infrastructure projects with overriding priority PPP projects in the country in designated sectors like
• Road and bridges, railways, seaports, airports, inland waterways and other transportation projects
• Power
• Urban transport, water supply, sewage, solid waste management and other physical infrastructure in urban areas
• Gas pipelines
• Infrastructure projects in Special Economic Zones
• International convention centers and other tourism infrastructure projects;
• Cold storage chains
• Warehouses
• Fertilizer Manufacturing Industry.
Benefit to Investor
- The Income by way of Interest on these Bonds is fully exempt from Income Tax as per provision under section 10(15) (iv) (h) of IT act.
- No TDS
- Capital Gain Benefit – capital gain arising on the transfer of listed bonds shall be taxed @ 10% without Indexation or @20% with Indexation.
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[wptabtitle] Allotment/Listing[/wptabtitle] [wptabcontent]
Registrar of Issue :
Karvy Computershare
Allotment Details
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Trustee for Bondholders :
Depositories :
NSDL & CDSL
Are you interested to know brokerage structure in your Inbox mail : rajendra@puneinvest.com
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