IDFC LONG TERM INFRASTRUCTURE BONDS Issue_Tranche 1-2011 (Benefits under section 80CCF)

IDFC Bond Tranche 1:

Series	1	2
Issue Opens	Monday, November 21, 2011
Issue Closes	Friday, December 16, 2011*
Issuer	Infrastructure Development Finance Company Limited
Issue of Tranche 1 Bonds	Public issue of first tranche of long term infrastructure bonds of face value of Rs. 5,000 each, in the nature of secured, redeemable, non-convertible debentures, having benefits under section 80CCF of the Income Tax act, 1961 (the “Tranche 1 Bonds”), not exceeding Rs. 50,000.0 million, to be issued at par on the terms contained in the Shelf Prospectus and this Prospectus – Tranche 1.
Listing	NSE and BSE
Trading	Dematerialized form only following expiry of Lock-in Period
Rating	“(ICRA)AAA” from ICRA and “Fitch AAA (ind)” from FITCH
Interest  Rate	9.00% p.a.	N.A.
Face Value per Bond	Rs. 5,000/-	Rs. 5,000/-
Frequency of Interest payment	Annual	Cumulative
Lead Managers	Kotak Mahindra Cap. Co. Ltd., ICICI Securities, JM Financial, Karvy Investor Ser Ltd and IDFC capital
Co-Lead Managers	Bajaj Capital Ltd, RR Investor, SMC Capital
Registrar	Karvy Computershare Private Limited.
Minimum Application	2 Tranche 1 Bonds and in multiple of 1 Bond thereafter. For the purpose of fulfilling the requirement of min subscription of 2 bonds, an applicant may choose to apply for 2 bonds of same series or 2 bonds across different series.
Who can apply?	• Indian nationals resident in India, who are not minors, in single or joint names (not more than three); and • Hindu Undivided Families or HUFs, in the individual name of the Karta.
Debenture Trustee	IDBI Trusteeship Services Limited
Lock in Period	5 years from the deemed date of allotment
Issuance	Dematerialized form or Physical form as specified by an Applicant in the Application Form.
Buyback Facility	Yes
Buyback Date	Date falling five years and one day from the Deemed Date of Allotment
Put/Call Option	None
Buyback Amount	Rs. 5,000/- per Tranche 1 Bond	Rs. 7,695/- per Tranche 1 Bond
Buyback Intimation Period	The period beginning not before nine months prior to the Buyback Date and ending not later than six months prior to the Buyback Date
Maturity Date	10 years from the Deemed Date of Allotment	10 years from the Deemed Date of Allotment
Maturity Amount	Rs. 5,000/- per Tranche 1 Bond	Rs. 11,840/- per Tranche 1 Bond
Yield on  Maturity	9.00%	9.00% compounded annually
Yield on Buyback	9.00%	9.00% compounded annually