* The Company shall allocate and allot Series IV NCDs wherein the Applicants have not indicated the choice of the relevant NCD Series.
** Of the Deemed Date of Allotment
Category III and IV of Investors in the proposed Tranche IV Issue who are also holders of NCD(s)/bond(s) previously issued by our Company, and/or our Subsidiaries as the case may be, and/or are equity shareholder(s) of Indiabulls Housing Finance Limited as the case may be (“Primary Holder(s)”) on the working Friday preceding the Deemed Date of Allotment and applying in Series I, Series II, Series IV, Series V, Series VII, VIII, IX, X, XI and/or Series XII shall be eligible for additional incentive of 0.25% p.a. provided the NCDs issued under the proposed Tranche IV Issue are held by the investors on the relevant Record Date applicable for payment of respective coupons, in respect of Series I, Series II, Series IV, Series V, Series VII, Series VIII, Series IX, Series X, Series XI and/or Series XII.
Category III and IV of Investors in the proposed Tranche IV Issue who are also Primary Holder(s) on the working Friday preceding the Deemed Date of Allotment applying in Series III and/or VI, the maturity amount at redemption along with the additional yield would be ₹ 1,208.20 per NCD and/or ₹ 1,336.85 per NCD, respectively provided the NCDs issued under the proposed Tranche IV Issue are held by the investors on the relevant Record Date applicable for redemption in respect of Series III and/or Series VI.
The initial allottees under Category III and Category IV in the proposed Tranche IV Issue who are Senior Citizens as on the Deemed Date of Allotment shall be eligible for additional incentive of 0.25% p.a. provided the NCDs issued under the Tranche IV Issue are continued to be held by such investors under Category III and Category IV on the relevant Record Date for the relevant Interest Payment date for Series I, Series II, Series IV, Series V, Series VII, Series VIII, Series IX, Series X, Series XI and/or Series XII. Accordingly, the amount payable on redemption to such Senior Citizens for NCDs under series III and Series VI is ₹ 1,208.20 and ₹ 1,336.85 per NCD, respectively.
The initial allottees under Category III and Category IV in the proposed Tranche IV Issue who are Senior Citizens as on the Deemed Date of Allotment and also are Primary Holders shall be eligible for total additional incentive of 0.50% p.a. (which includes the incentive of 0.25% as mentioned in above paragraph) provided the NCDs issued under the Tranche IV Issue are continued to be held by such investors under Category III and Category IV on the relevant Record Date for the relevant Interest Payment date for Series I, Series II, Series IV, Series V, Series VII, Series VIII, Series IX, Series X, Series XI and/or Series XII. Accordingly, the amount payable on redemption to such Senior Citizens for NCDs under series III and Series VI is ₹ 1,213.65 and ₹ 1,346.00 per NCD, respectively.
The additional incentive will be maximum of 0.25% p.a. for Category III and IV Investors in the proposed Tranche IV Issue, who are also Primary Holder(s) on the working Friday preceding the Deemed Date of Allotment or Senior Citizens as on the Deemed Date of Allotment.
The additional incentive will be maximum of 0.50% p.a. for Category III and IV Investors in the proposed Tranche IV Issue, who are also Primary Holder(s) on the working Friday preceding the Deemed Date of Allotment and Senior Citizens as on the Deemed Date of Allotment.
On any relevant Record Date, the Registrar and/or our Company shall determine the list of the holder(s) of the Tranche IV Issue and identify such Investors/ NCD Holders, (based on their DP identification and /or PAN and/or entries in the Register of NCD Holders) and make the requisite payment of additional incentive.
The additional incentive will be given only on the NCDs allotted in the Tranche IV Issue i.e., to the Primary Holder(s) and / or to Senior Citizens. In case if any NCD is bought/acquired from secondary market or from open market, additional incentive will not be paid on such bought/acquired NCD.
In case the Primary Holder(s) and / or Senior Citizens sells/ gifts/ transfer any NCDs allotted in the Tranche IV Issue, additional incentive will not be paid on such sold/ gifted/ transferred NCD except in case where NCDs are transferred to the joint holder/nominee in case of death of the Primary Holder.
For more information, please refer Issue Prospectus: (SEBI | Indiabulls Housing Finance Limited - Tranche IV Prospectus)