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The tentative details of IRFC Tax Free issue Tranche II. March 2016

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Issue Period – 10th March 2016 to 14th March 2016. Issue size: Rs 500 crore with the option to retain oversubscription upto Rs.2450 crore Coupon rate                       Non Retail                           Retail 10 year                                 7.04%                                    7.29% 15 year                                 7.35%                                    7.64% The buckets are as follows: QIB-

Issue Period – 10th March 2016 to 14th March 2016. Issue size: Rs 500 crore with the option to retain oversubscription upto Rs.2450 crore Coupon rate                       Non Retail                           Retail 10 year                                 7.04%                                    7.29% 15 year                                 7.35%                                    7.64% The buckets are as follows: QIB- 10% Corporate- 15% HNI- 15% Retail- 60% Allotment will be on First come first serve basis. Hurry for Forms and other help whats app:9953077844
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CA Shafaly Girdharwal

CA Shafaly Girdharwal is a verified expert on the ConsultEase platform specialising in Investment Advisory. Connect via the app for personalised advice on your specific situation.

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