Public Issue by Indian Railway Finance Corporation Limited Tax Free Bonds

Issue period: 08^th December – 21^st December, 2015

Issue Highlights:

• Issue Size – Public Issue by Indian Railway Finance Corporation Limited of Tax Free Bonds in the nature of Secured, Redeemable, Non-Convertible Debentures, having benefits under section 10(15)(iv)(h) of the income tax act, 1961, as amended (“BONDS”) for an amount of Rs. 1,000 crs. (“BASE ISSUE SIZE”) with an option to retain oversubscription upto Rs. 3,532 crs. Aggregating to Rs. 4,532 crs. (“TRANCHE I ISSUE”)


• Issue Opens – Tuesday, December 08, 2015


• Issue Closes – Monday, December 21, 2015


• Allotment – First Come First Serve Basis


• Face Value – Rs. 1000 per Bond


• Minimum Application – 5 Bonds (Rs. 5,000) (individually or collectively, across all Series of Bonds) & in the multiple of 1 Bond (Rs. 1,000) thereafter.


• Maximum Application – Rs. 10 Lakhs for Retail Category


• Listing – BSE & NSE


• Allotment mode – In Dematerialized form Only.


• Rating – ‘CRISIL AAA/Stable” (By CRISIL), “ICRA AAA” (By ICRA) & CARE AAA (By CARE)’

Kotak Securities Limited is one of the Sub-Syndicate to the issue.

• Lead Manager – ICICI, Edelweiss, A.K. Capital, R R Investors


• Registrar – Karvy Computershare Private Limited