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

Issue Period – 10^th March 2016 to 14^th 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