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*For category IV - Tranche I series IIB & IIIB option for 15 & 20 years
Issue Opens | Tuesday, February 18, 2014 | Minimum Application | 5 Bonds (Rs. 5,000) (Individually or collectively, across all series of Bonds) |
Issue Closes | Friday, March 14 , 2014 | Annualized Yield (Retail - Category IV) |
8.61% p.a for Tranche I series IB for 10 yrs 9.00% p.a for Tranche I series IIB for 15 yrs 9.00% p.a for Tranche I series IIIB for 20 yrs |
Issue Price | Rs. 1,000/- per Bond | Credit Ratings | "ICRA AA" By ICRA "CARE AA" By CARE |
We are the developer and operator of Ennore Port, India's 12th Major Port under the Ministry of Shipping, Government of India. Our Port is the only major port to adopt the corporate form of management. Ennore Port was developed as a green field project in the east coast of India at a distance of about 20 kilometres to the north of Chennai Port. The Port was declared as a Major Port under the Indian Ports Act, 1908 in March 1999. Ennore Port Limited was incorporated as a company in October, 1999 under the Companies Act 1956. Ennore Port was originally conceived as a satellite port to Chennai Port, primarily to handle thermal coal to meet the requirement of TNEB now known as TANGEDCO. The scope of the Port was expanded taking into account subsequent developments plans of the Government of Tamil Nadu to set up Liquefied Natural Gas ("LNG"), petrochem and naphtha cracker power projects.
Issue Opens | Tuesday, February 18, 2014 |
Issue Closes | Friday, March 14 , 2014 |
Issue Price | Rs. 1,000/- per Bond |
Face Value | Rs. 1,000/- per Bond |
Minimum Application | 5 Bond (Rs. 5,000) (Individually or collectively, across all series of Bonds) |
Rating | ICRA AA" By ICRA "CARE AA" By CARE |
Listing On | BSE |
Registrar | Link Intime India Private Limited |
Annualized Yield (Retail - Category IV) |
8.61% p.a for Tranche I series IB for 10 yrs 9.00% p.a for Tranche I series IIB for 15 yrs 9.00% p.a for Tranche I series IIIB for 20 yrs |
Annualized Yield (Non Retail - Category I, II and III) |
8.36% p.a Tranche I series IA for 10 yrs 8.75% p.a Tranche I series IIA for 15 yrs 8.75% p.a Tranche I series IIA for 20 yrs |
Allotment is on First Come First Serve Basis
Options / Series | Tranche I Series IA | Tranche I Series IIA | Tranche I Series IIIA |
Coupon rate p.a. for Category I, II, and III | 8.36% | 8.75% | 8.75% |
Annualized yield p.a. for Category I, II & III | 8.36% | 8.75% | 8.75% |
Options / Series | Tranche I Series IB | Tranche I Series IIB | Tranche I Series IIIB |
Coupon Rate p.a. for Category IV | 8.61% | 9.00% | 9.00% |
Annualized yield p.a. for Category IV | 8.61% | 9.00% | 9.00% |
Frequency of Interest Payment | Annual | Annual | Annual |
Minimum Application | 5 Bonds (Rs. 5,000) (Individually or collectively, across all series of Bonds) | ||
In Multiples of | One Bond (Rs. 1,000/-) | ||
Face Value | Rs. 1,000/- | ||
Issue Price | Rs. 1,000/- | ||
Tenor | 10 Years | 15 Years | 20 Years |
Redemption Date | At the end of 10 Years from the Deemed Date of Allotment | At the end of 15 Years from the Deemed Date of Allotment | At the end of 20 Years from the Deemed Date of Allotment |
Redemption Amount (Rs./Bond) | Repayment of the Face Value plus any interest that may have accrued at the Redemption Date |
Click here to download the prospectus of this Bond Issue.
Categories | Reservation for Categories | Basis of allocation incase of over subscription | |
Category I: (QIB Portion) |
|
10% of Overall Issue Size | On first-come-first-serve basis |
Category II: (Corporate Portion) |
Companies within the meaning of Section 2(20) of the Companies Act 2013, limited liability Partnerships registered under the provisions of the Limited Liability Partnership Act, 2008, as amended from time to time ("LLP Act"), statutory corporations, trusts, partnership firms in the name of their respective partners, co-operative banks, regional rural banks, bodies corporate registered under the applicable laws in India and authorised to invest in Bonds along with Major Port Trusts whose board is constituted as a body corporate and other legal entities constituted and/or registered under applicable laws in India that are authorized to invest in Bonds by their respective constitutional and/or charter documents, subject to compliance with respective applicable laws. |
20% of Overall Issue Size | On first-come-first-serve basis |
Category III: (HNI Portion) |
TThe following investors applying for an amount aggregating to more than Rs. 1 million across all Series of Bonds in the Issue
|
30% of Overall Issue Size | On first-come-first-serve basis |
Category IV: (Retail Portion) Individual Investor |
The following investors applying for an amount aggregating up to and including Rs. 1 million across all Series of Bonds in the Issue
|
40% of Overall Issue Size | On first-come-first-serve basis |
Download Mobile TraderSMS "EMT" to 5757590 and get the download link on your mobile |
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