NHAI Tax Free Bond – Issue open 15 Jan 2014 National Highway Authorities of India (NHAI) is coming out with a Tax Free, Secured, Redeemable bond issue face value 1000 each, aggregating to 3698.40 Cr. (Issue close 27 Jan) Allotment done- Check your Dmat a/c (BSE Listing -10 Feb 14) [wptabs style=”wpui-green” mode=”horizontal”] [wptabtitle] Product Note[/wptabtitle] [wptabcontent] Issue Highlight – [ws_table id=”332″] NHAI Issue Structure –[ws_table id=”333″] NRI not allow to invest in this Issue Cheque Details- Retail Investor : NHAI Tax Free Bonds – Escrow Account Bankers : Note : Application will be rejected if banked without uploading in the electronic system of the recognized stock exchange. (Bidding process)[/wptabcontent] [wptabtitle] About Issue[/wptabtitle] [wptabcontent]
About the Issuer -NHAI
National Highway Authority of India, an autonomous body under the Ministry of Road Transport & Highways, Govt of India, established under Section 3 of the NHAI Act, 1988 having perpetual succession and common seal. The object of NHAI as specified in NHAI Act permits it to undertake its existing activities as well as the activities for which the funds are being raised through the Issue. NHAI intends to deploy the Issue proceeds towards part financing of the various projects being implemented by NHAI under the NHDP and other National Highway project approved by the Govt of India. 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.
[/wptabcontent] [wptabtitle] Subscription Data[/wptabtitle] [wptabcontent] NHAI Tax Free Bond Subscription Data . [ws_table id=”334″] [/wptabcontent] [wptabtitle] Allotment/Listing[/wptabtitle] [wptabcontent]
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NHAI Basis of Allotment - Advertisement - |
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| Category |
% Allotment |
Applied |
Available |
Alloted |
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| QIB |
62% |
5,970,000 |
3,698,400 |
3,698,400 |
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| Corporate |
100% |
10,759,124 |
11,095,200 |
10,759,124 |
100% |
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| HNI (1st Day) |
100% |
6,904,051 |
6,904,051 |
6,904,051 |
100% |
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| HNI (2nd Day) |
44% |
1,613,170 |
711,129 |
711,129 |
44% |
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| Retail |
100% |
14,911,296 |
14,911,296 |
14,911,296 |
100% |
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Fill up below after link activate send you allotment details on your mail ID Allotment Details [ws_table id=”354″] [ws_table id=”355″] [/wptabcontent] Call for Investment : Rajendra – 0800 7750904 Mail ID : rajendra@puneinvest.com [/wptabs] Call for Investment : Rajendra – 0800 7750904 Mail ID : rajendra@puneinvest.com Mumbai Pune, Satara, Kolhapur, Ahmednagar Collection facility available