NCD
India Infoline Finance Limited
Debt Capital
Markets
Issue Dates
Company Profile
Issue Opens: Tuesday, 17th September 2013
India Infoline Finance Limited, a subsidiary of India Infoline Limited (IIFL) is a
systematically important non-deposit taking NBFC focusing on Mortgage Loans,
Capital Market Finance, Gold Loans and Healthcare Finance. They offer a broad
suite of lending and other financial products to both retail as well as corporate
clients.
Issue Closes: Friday 4th October 2013*
*depending upon the subscriptions, the
Company may choose to close early or
extend the date of closure
Credit Rating
Salient features of the NCD issue

The Issue is in the form of secured, redeemable, nonconvertible
debentures having options, suiting the needs of different categories of
investors.
The rating of CARE and Brickwork indicates
high degree of safety regarding timely
servicing of Financial obligations. Such
Instruments carry very low credit risk. The
ratings provided by CARE and Brickwork may
be suspended, withdrawn or revised at any
time by the assigning rating agency and
should be evaluated independently of any
other rating.

Credit rating agency CARE has rated the issue ‘CARE AA’ and Brickwork has
rated the NCDs ‘BWR AA’. Instruments with this rating are considered to
have high degree of safety regarding timely servicing of financial
obligations. Such instruments carry very low credit risk.

Issuance of Certificate in physical and dematerialised form for Resident
Investors and only in dematerialised form for Non-resident Investors.

Attractive coupon of 12.00% for 36 Months and 60 Months on Monthly
and Annual basis.
Lead managers: Axis Capital Ltd., Trust
Investment Advisors Pvt. Ltd., IDBI Capital
Market Services Ltd., India Infoline Ltd.

There is no Put /Call options for the NCDs.

Company shall pay interest on application money on the amount allotted
to the applicant other than ASBA Applicants, at the rate of 12.00% p.a. and
Interest on application money which is liable to be refunded to applicants
at the rate of 4.00%p.a., subject to deduction of income tax under the
provisions of the Income Tax Act, 1961, as amended.

Allotments shall be made on a first-come first serve basis, based on the
upload of each Application into the electronic book of the Stock Exchange,
in each Portion subject to the Allocation Ratio.

The NCDs will be listed on NSE & BSE and will be available in Demat form
facilitating trading of these NCDs.

As per clause (ix) of Section 193 of the I.T. Act, NO TAX will be deducted at
source from the interest on listed NCDs held in the dematerialized form.
Rating
CARE AA
BWR AA
Issue Type
NCDs
NCDs
Registrar: Link Intime India Pvt. Ltd.
Debenture Trustees:
Services Limited.
IDBI
Trusteeship
Issue highlights
Issue size: INR 1,050 crore*
*Issue of INR 525 crore with an option to
retain an over subscription of upto INR 525
crore.
Face value: INR 1,000
Minimum Application: INR 5,000 or 5 NCDs.
For further information and risk factors associated with the Issue, please refer to the Prospectus
Business Overview
India Infoline Finance Ltd a subsidiary of India Infoline Limited (“IIFL”) and a diversified financial services company focusing on
Mortgage Loans, Commercial Vehicle Finance, Gold Loan, Capital Market Finance and Healthcare Finance. The Company offers a
broad suite of lending and other financial products to clients both retail and corporate.
The lending and financial products of the Company include:

Mortgage Loans, which includes Housing Loans and Loans against Property.

Commercial Vehicle Finance, which includes Loans against new and used commercial vehicles and buses, this includes
loans on small, light and medium and heavy commercial vehicles

Gold Loans, which includes finance against security of mainly used gold ornaments.

Capital Market Finance, which includes Loans against Securities, Margin Funding, IPO financing and other structured
lending transactions.

Healthcare Finance/Medical Equipment Finance, which includes finance for medical equipment and project funding in
the healthcare sector.

India Infoline Housing Finance Limited (“IIHFL”) is a 100% subsidiary that is registered with the RBI carry on the business
of a housing finance institution.
As on March 31, 2013, Total Loan Book accounted for INR 9,375 crore out of which Mortgage Loans accounted for 41.17%; Capital
Market Finance accounted for 13.52%; Health Care Finance accounted for 3.28% and Gold Loans accounted for 41.23% and Vehicle
Finance accounted for 0.79% of companies Loan Book. As on June 30, 2013 the Company had a total of 1,403 branches.
The consolidated income from operations and profit after tax (PAT) of the Company for the financial year ending March 31, 2013
stood at INR 1,653.40 crore and INR 188.72 crore respectively. The Company’s consolidated income from operations and PAT
witnessed a CAGR of 98.3% and 51.9% respectively over the last three years from FY10 to FY13. The loan book of the company has
witnessed a CAGR of 79.3% over the last three years.
Key Operational and Financial Highlights (Consolidated Financials)
Particular
Networth (INR Crore)
PAT (INR Crore)
Gross NPA (%)
Net NPA (%)
Tier I Capital Adequacy Ratio (%) *
Tier II Capital Adequacy Ratio (%) *
* Capital adequacy ratio is reported for IIFL standalone
FY’13
1,544.96
FY’12
1,428.18
FY’11
1,341.20
188.72
0.49%
0.17%
14.58%
7.02%
105.38
0.56%
0.40%
15.46%
2.40%
92.25
0.44%
0.36%
29.73%
0.22%
Source: Prospectus
For further information and risk factors associated with the Issue, please refer to the Prospectus
Category of investors
Particulars
Category I
Institutional
Up to 40% of issue size
Reservation
for each
category
INR 420 crore for allotment to
QIB assuming Issue size of INR
1,050 crore
Foreign Institutional Investors
and sub-accounts (other than
a sub account which is a
foreign corporate or foreign
individual) registered with
SEBI including Sovereign
Wealth Funds, Pension and
Gratuity Funds registered
with SEBI as FIIs;
Public Financial Institutions,
Statutory Corporations,
Commercial Banks,
Who can
Apply
Co-operative Banks and
Regional Rural Banks, which
are authorized to invest in the
NCDs;
Provident Funds, Pension
Funds, Superannuation Funds
and Gratuity Fund, which are
authorised to invest in the
NCDs;
Venture Capital funds and/ or
Alternative Investment Funds
registered with SEBI;
Category II
Non - Institutional
Up to 10% of issue size
INR 105 crore for allotment to
Non-Institutional Portion
assuming Issue size of INR
1,050 crore
Companies; bodies corporate
and societies registered under
the applicable laws in India
and authorised to Invest in
the NCDs;
Public/private
charitable/religious trusts
which are authorised to invest
in the NCDs;
QFIs not being an individual;
Scientific and/or industrial
research organisation, which
are authorised to invest in the
NCDs;
Individual
(Unreserved)
Up to 10% of issue size
INR 105 crore for allotment to
Unreserved Individual Portion
assuming Issue size of INR
1,050 crore
The following investors
applying for an amount
aggregating to above Rs.10
lakhs across all Series of NCDs
:
Category III
Individual
(Reserved)
Up to 40% of issue size
INR 420 crore for allotment to
Reserved Individual Portion
assuming Issue size of INR
1,050 crore
The following investors
applying for an amount
aggregating
upto Rs.10 lakhs across
all Series of NCDs :
Resident Indian individuals;
Resident Indian individuals;
Non Resident Indians on
repatriation as well as nonrepatriation basis
Non Resident Indians on
repatriation as well as nonrepatriation
basis
Hindu undivided families
through the Karta; and
QFI being an Individual;
Hindu undivided families
through the Karta; and
QFI being an Individual;
Partnership firms in the name
of the partners; and
Limited liability partnerships
formed and registered under
the provisions of the Limited
Liability Partnership Act, 2008
(No. 6 of 2009)
Insurance Companies
registered with the IRDA;
National Investment Fund;
Mutual Funds.
Note: FIIs, QFIs and NRIs who intend to participate in the Issue must comply with the laws, rules and regulations of the jurisdiction they are
resident in and laws, rules and regulations to which they are otherwise subject to in connection with the purchase and sale of NCDs. No offer or
sale of NCDs, pursuant to the Prospectus or otherwise, is being made in the United States or any other jurisdiction where it is unlawful to do so.
Accordingly these materials are not directed at or accessible by these Investors. If any investor in any jurisdiction outside India receives the
Prospectus, such investor may only subscribe to the NCDs if such subscription is in compliance with laws of all jurisdictions applicable to such
investor.
For further information and risk factors associated with the Issue, please refer to the Prospectus
Terms of the Issue
Options
I
Tenure
Frequency of Interest Payment
Minimum Application
II
III
36 Months
Monthly
IV
60 Months
Annually
Monthly
Annually
INR 5,000 (5 NCDs) (for all options of NCDs, namely Options I, II, III and IV either
taken individually or collectively)
In Multiples of
1 NCD after the minimum subscription
Face Value of NCDs ( INR / NCD)
INR 1,000
Issue Price (INR / NCD)
INR 1,000
Mode of Interest Payment/Redemption
Through Various options available
Coupon (%) for NCD Holders in Category I and
Category II
12.00%
12.00%
12.00%
12.00%
Coupon (%) for NCD holders in the Category III
(Unreserved Individual Portion)
12.00%
12.00%
12.00%
12.00%
Coupon (%) for NCD holders in the Category III
(Reserved Individual Portion)
12.00%
12.00%
12.00%
12.00%
Effective Yield
(per annum)
12.68%
12.00%
12.68%
12.00%
Redemption Date
Redemption Amount (INR/NCD)
Deemed Date of Allotment
Nature of Indebtedness
36 months from the Deemed Date of
Allotment
60 months from the Deemed Date of
Allotment
Face Value of the NCDs plus any interest at the applicable Coupon that may have
accrued
The date on which the Board or a duly authorized committee approves the
Allotment of NCDs. All benefits relating to the NCDs including interest on NCDs
shall be available to Investors from the Deemed Date of Allotment. The actual
allotment of NCDs may take place on a date other than the Deemed Date of
Allotment.
Pari passu with other secured creditors
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For further information and risk factors associated with the Issue, please refer to the Prospectus