Hudco Bonds Last Date

Hello, I want to know the details of the Hudco Bonds Last Date as I want to invest in it. Please provide me.

[Shaleen]

Hello, here I am providing you the dates of the Hudco Bonds as under:

Important dates:
IRFC 7.53% Tax-Free Bonds – December 2015 Issue

Interest Payment Date –
IRFC will make its first interest payment on October 15 next year and subsequent interest payments will also be made on October 15 every year.

Record Date –
For the payment of interest or the maturity amount, record date will be fixed 15 days prior to the date on which such amount is due to be payable.

Investor Categories & Allocation Ratio
Category I – Qualified Institutional Bidders (QIBs) – 15% of the issue is reserved i.e. Rs. 679.80 crore
Category II – Non-Institutional Investors (NIIs) – 20% of the issue is reserved i.e. Rs. 906.40 crore
Category III – High Net Worth Individuals including HUFs & NRIs – 25% of the issue is reserved i.e. Rs. 1,133 crore
Category IV – Resident Indian Individuals including HUFs & NRIs – 40% of the issue is reserved i.e. Rs. 1,812.80 crore

Allotment
First Come First Served Basis

Listing & Allotment –
IRFC has decided to get these bonds listed on both the stock exchanges, National Stock Exchange (NSE) as well as Bombay Stock Exchange (BSE).

No Lock-In Period –
These tax-free bonds are freely tradable and do not carry any lock-in period.