Jul 29, 2009

Shriram Transport Finance Company Ltd (STFC)

One of the largest asset financing NBFCs in India, plans to enter the debt capital market on 27 July, 2009 with a public issue of Non Convertible Debentures (NCDs) aggregating up to Rs. 500 cr with an option to retain over-subscription of upto Rs. 500 cr for issuance of additional NCDs.Details of the Issue is as followed :Issue Period : July 27, 2009 to August 14,2009 (With the option of closing earlier or extended upto a period of 1 month).Stock Exchange Proposed listing : NSE.Tenor : 3/5 years depending upon option applied.Interest on Application Money : 8% pa on the allotted amount.Interest on refunds : 2.5% pa on valid refund amount.Basis of allocation : First come first basis.Tax Implication : No Income tax is deductible at source on Interest..Rating : 'CARE AA+' by CARE and 'AA' by Fitch .
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Jul 27, 2009

Adani Power Limited IPO

Particulars
Adani Power Limited Ltd
Planning to Offer
30,16,52,031 no. of equity shares
Face value
Rs.10/- each at a price to be discovered through book building process
Price band announced
Rs.90/- to Rs.100/- per equity share
Issue is scheduled to pen
28.07.2009
Issue is scheduled to close
31.07.2009
Managers to the Issue
DSP Merrill Lynch Ltd, Enam Securities Pvt. Ltd, IDFC – SSKI Limited, JM Financial Consultants Pvt. Ltd, Kotak Mahindra Capital Limited, Morgan Stanley India Company Private Limited, ICICI Securities Limited and SBI Capital Markets Limited.

We find from our records that you are one of the regular investors in IPOs/equity shares. We thought it appropriate to bring to your notice the following:
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