IREDA Tax free bonds-Jan 2016
Dear all, Pls find below mentioned the issue details of IREDA Tax free bonds-Jan 2016. Issue period : Friday January 08th , 2016 to Friday January 22nd , 2016. Issuer INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED Issue Size Rs. 1,000.00 Crores with an option to retain over subscription upto Rs. 716.00 Crores aggregating upto Rs. 1,716.00 Crores. Lead Manager Karvy Investor Services Limited, Edelweiss, AK Capital, IDBI Capital and RR Investors Issue opens Friday, January 8, 2016 Issue closes Friday, January 22, 2016 Allotment First Come First Serve Basis Face Value Rs. 1000 per Bond Issue Price Rs. 1000 per Bond Nature of Instrument Tax-free secured redeemable and non-convertible Minimum Application 5 Bonds (Rs. 5,000) (individually or collectively, across all Series of Bonds) and in the multiple of One Bond (Rs. 1,000) thereafter Listing BSE Rating "IND AA+" by IRRPL, " AA+" by ICRA Registrar