Friday, April 19News That Matters

Day: 17 February 2014

Ennore Port Tax Free Bonds – Feb 2014 – Details

Bonds
Ennore Port  is targeting to raise up to Rs 500 crore with an option to retain over-subscription up to Rs.750 crore.  It has AA Credit Rating. The issue is open from 18-Feb-2014  to 14-Mar-2014 . However, it may close early, depending on response.    Ennore Port  Tax Free Bonds  Details Series I Series II Series II Tenor 10 Years 15 years 20 years Interest Paid Annual Annual Annual Coupon Rate 8.61% 9.00% 9.00% Effective Pre-Tax Yield (30% tax slab) 12.46% 13.02% 13.02% Effective Pre-Tax Yield (20% tax slab) 10.84% 11.34% 11.34% Effective Pre-Tax Yield (10% tax slab) 9.60% 10.03% 10.03% Minimum Application Rs 5000 Maximum Application Rs 10 lacs ( Retail) Issue Opens on 18-Feb-14 Issue Closes on 14-Mar-2014 (May close early) About the Company ...