NHAI Tax Free Bond Issue -8.75% Jan 14

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 – 

Issuer	NHAI Tax Free Bond
Type of Instrument	Secured, Redeemable, NCD
Issue Open	15 Jan 2014
Issue Close	05 Feb 2014
Issue Size	3698.40 Cr
Face Value	Rs. 1,000
Min. Application Size	5 Bonds (Rs.5000) & multiply of 1 Bond thereafter
Interest	Annual
Mode of Allotment	D'mat & Physical Form
Rating	AAA by CRISIL CARE BWR
Listing	BSE & NSE

NHAI Issue Structure –

Options	Tranche 1- Series I	Tranche 1- Series II
Tenor	10 years	15 years
Coupon Rate %
Category - I, II, III	8.27%	8.50%
Category - IV (Retail)	8.52%	8.75%

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 .

		Cat I	Cat II	Cat III	Cat IV	Total
	Issue SIze	369.84	1109.52	739.68	1479.36	3698.40
27 Jan	Subscribe	597	1110.85	865.56	1522.89	4096.29
	No of times	1.61	1.01	1.17	1.03	1.11
			Issue	Closed
24 Jan	Subscribe	597	1110.85	863.95	1501.64	4073.43
	No of times	1.61	1.01	1.17	1.02	1.10
	Unsubcribe	-	-	-	-	-
23 Jan	Subscribe	597	1110.63	862.87	1486.07	4056.56
	No of times	1.61	1.01	1.17	1.01	1.10
	Unsubscribe	-	-	-	-	-
22 Jan	Subscribe	597	1110.58	862.72	1394.40	3964.70
	No of times	1.61	1.00	1.17	0.94	1.07
	Unsubscribe	-	-	-	84.96	-
21 Jan	Subscribe	597	1110.58	861.89	1267.15	3836.62
	No of times	1.61	1.00	1.17	0.86	1.04
	Unsubscribe	-	-	-	212.21	-
20 Jan	Subscribe	597	1110.58	864.59	1165.85	3738.01
	No of Times	1.61	1.00	1.17	0.79	1.01
	Unsubscribe	-	-	-	313.51	-
17 Jan	Subscribe	597	1118.67	862.08	968.20	3545.95
	No of times	1.61	1.01	1.17	0.65	0.96
	Unsubscribe	-	-	-	511.16	152.45
16 Jan	Subscribe	597	1067.84	858.91	829.97	3353.72
	No of times	1.61	0.96	1.16	0.56	0.91
	Unsubscribe	-	41.68	-	649.39	344.68
15 Jan	Subscribe	597	865.62	693.83	617.14	2773.58
	No of times	1.61	0.78	0.94	0.42	0.75
	Unsubscribe	-	243.90	45.85	862.22	924.82

 [/wptabcontent] [wptabtitle] Allotment/Listing[/wptabtitle] [wptabcontent]

NHAI Basis of Allotment
Category	% Allotment	Applied	Available	Alloted
QIB	62%	5,970,000	3,698,400	3,698,400
Corporate	100%	10,759,124	11,095,200	10,759,124	100%
HNI (1st Day)	100%	6,904,051	6,904,051	6,904,051	100%
HNI (2nd Day)	44%	1,613,170	711,129	711,129	44%
Retail	100%	14,911,296	14,911,296	14,911,296	100%

Fill up below after link activate send you allotment details on your mail ID  Allotment Details

Tax Free Bond	National Highway Authority of India
Issue Open	15 Jan 2014
Issue Close	27 Jan 2014
Issue Registrar	Karvy Computershare
Listing Exchange	BSE
Allotment Date	5 Feb 2014
Listing Date	10 Feb 2014
Interest Payment Date	15 Mar Every Year
Face Value	1000
Circular Ref. No	BSE -20140207-16

Series
Coupon	8.27%	8.52%	8.50%	8.75%
Period	10 yr	10 yr	15 yr	15 yr
ISIN No	INE 906B07DC5	INE 906B07DD3	INE 906B07DE1	INE 906B07DF8
BSE Script	961823	961824	961825	961826
NSE Script
Maturity	5 Feb 2024	5 Feb 2024	5 Feb 2029	5 Feb 2029
Maturity Amt	1000	1000	1000	1000

[/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