NTPC Tax Free Bond – 8.91% Issue – Dec 2013

NTPC  launched public Issue of Tax Free Bond Issue open for subscription on 2 Dec 2013 & close on 16 Dec 2013 with an early closure option . 

Issue Close Today 5 Dec 2013.  [wptabs style=”smoothness” mode=”horizontal”]

[wptabs style=”wpui-blue” mode=”horizontal” background=”false”]

[wptabtitle] Product Note[/wptabtitle] [wptabcontent]Issue Highlight – [ws_table id=”281″]

Issue Structure – Interest Rate

[ws_table id=”282″]

Cheque Details-  

Retail Investor           : NTPC   Bonds  Escrow Account – R  “

 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

NTPC is the largest power producer in India in terms of both installed capacity and generation, with aggregate installed capacity of 41,184 MW (including 35,820 MW through directly owned units and 5,364 MW through Subsidiaries and Joint Ventures), representing market share of 18.44% of India’s total installed capacity as on March 31, 2013, and having generated 249.59 billion units of power, representing market share of 27.37% of India’s total power generation in fiscal 2013.

NTPC is a Government company, which was conferred ‘Navaratna’ status by the GoI in 1997 and upgraded to ‘Maharatna’ status in 2010. As of May 2013, NTPC ranked 384th overall on the Forbes Global 2000 list.

Effective Pre Tax Rates for the Issue for Retail IV Category [ws_table id=”285″]

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. ( Tax Free Bond Interest  not part of Total Income)
• No deduction of TDS from the interest
• No upper limit on investment amount
• No lock in period for the Bonds
• The Bonds shall be listed and can be traded on BSE
• 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[/wptabtitle] [wptabcontent][ws_table id=”288″]

[/wptabcontent]

[wptabtitle]Listing[/wptabtitle] [wptabcontent]

Allotment Listing Details Chart with ISIN No BSE/NSE Code

Check Allotment Status page for Registrar Link

Please find the attached /below given basis of allotment for NTPC TAX FREE .

[ws_table id=”283″]

[ws_table id=”284″]

[/wptabcontent]

[/wptabs]

Application Form & Investment Call : Rajendra 7719917444 

Contact Us

rajendra@puneinvest.com

Mobile 7719917444