PFC Ltd has launched its Tax Free Bond Issue of Rs. 1000 Cr. with right to retain over Subscription upto 4590 Cr.


Issue Details

IssuerPower Finance Corporation Ltd (PFC)
Issue Open14 Dec. 2012
Issue Close21 Dec., 2012
Nature of InstrumentSecure
Credit Rating ICRA – AAA, CRISIL – AAA/stable
Option to retain oversubscriptionUpto shelf limit  – 4590 Cr
IssuanceD’mat Form or physical form
TradingD’mat Form only


OptionSeries ISeries II
Frequency of Interest PaymentAnnualAnnual
Minimum Application5 Bond5 Bond
in multiple of1 Bond1 Bond
Face Value10001000
Coupon Rate (%)  Category I – II – III7.19%7.36%
Additional  Coupon Rate for Category IV0.50%0.50%
Aggregate Coupon Rate for Category IV7.69%7.86%
Tenor10 Years15 Years


 *Allotment is on First Come First Serve Basis.


Document Required for Physical Mode 

  •  Self attested copy of Pan Card
  • Self attested copy of Address Proof (Valid)
  • Self attested copy cancelled Cheque of the bank account to which the amount pertaining to payment of refunds, Interest and Redemption , as applicable, should be credited.
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