INDIA INFOLINE FINANCE LIMITED - Securities and Exchange ...

India Infoline Finance Limited
THE ISSUE
The following is a summary of the Issue. This summary should be read in conjunction with, and is qualified in
its entirety by, more detailed information in the chapter titled “Terms of the Issue” beginning on page 258 of
this Draft Prospectus.
Common Terms of NCDs
Particulars
Details
Issuer
Issue
Stock Exchanges
proposed for listing of
the NCDs
Issuance
Trading
Trading Lot
Depositories
Security
Rating
India Infoline Finance Limited
Public Issue by our Company of NCDs aggregating upto ` 2,500 million with an
option to retain over-subscription upto ` 2,500 million for issuance of additional
NCDs aggregating to a total of upto ` 5,000 million. The NCDs will be unsecured in
the nature of subordinated debt and will be eligible for Tier II Capital.
NSE and BSE
In physical and dematerialised form
Compulsorily in dematerialised form
1 (one) NCD
NSDL and CDSL
No security will be created in connection with the NCDs.
The NCDs proposed to be issued under this Issue have been rated ‘[ICRA]AA-
(stable)’ by ICRA for an amount of upto `5,000 million vide its letter dated August
14, 2012, and ‘CRISIL AA-/Stable’ by CRISIL for an amount of upto `5,000 million
vide its letter dated August 13, 2012. The rating of the NCDs by ICRA indicates a
high degree of safety regarding timely servicing of financial obligations. Such
instruments carry very low credit risk. The modifier “-” (minus) reflects the
comparative standing within the category. The rating of NCDs by ICRA indicates
instruments with this rating are considered to have a high degree of safety regarding
timely servicing of financial obligations. Such instruments carry very low credit risk.
The ratings provided by ICRA and CRISIL may be suspended, withdrawn or revised
at any time by the assigning rating agency and should be evaluated independently of
any other rating. These ratings are not a recommendation to buy, sell or hold
securities and investors should take their own decisions.
Issue Schedule* The Issue shall be open from [●], 2012 to [●], 2012.
Pay-in date
3 (three) Business Days from the date of receipt of application or the date of
realization of the cheques/demand drafts, whichever is later.
Deemed Date of Allotment
The date on which the Board or a duly authorized committee approves the Allotment
of NCDs. All benefits relating to the NCDs including interest on NCDs shall be
available to Investors from the Deemed Date of Allotment. The actual allotment of
NCDs may take place on a date other than the Deemed Date of Allotment.
* The subscription list for the Issue shall remain open for subscription at the commencement of banking hours and close at
the close of banking hours, with an option for early closure or extension by such period, upto a period of 30 days from the
date of opening of the Issue, as may be decided at the discretion of the duly authorised committee of Directors of our
Company subject to necessary approvals. In the event of such early closure of subscription list of the Issue or extension of
the Issue, our Company shall ensure that notice of such early closure or extension of the Issue is given as the case may be
on such date of closure through advertisement/s in a leading national daily newspaper.
The specific terms of each instrument are set out below:
Tenure
Options I II III
72 Months
21