CK

INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED APPLICATION FORM

(Infrastructure Development Finance Company Limited (the “Company”), with CIN L65191TN1997PLC037415, incorporated in (FOR RESIDENT APPLICANTS / HUFs)
the Republic of India with limited liability under the Companies Act, 1956, as amended (the “Companies Act”)) ISSUE OPENS ON : M ONDAY, JANUARY 17, 2011
ANY LIMITED - INFRA BOND TRANCHE 2

Registered Office: KRM Tower, 8th Floor, No.1 Harrington Road, Chetpet, Chennai 600 031; Tel: (9144) 4564 4000;
Fax: (91 44) 2854 7597; Corporate Office: Naman Chambers, C-32, G-Block, Bandra-Kurla Complex Bandra (East),
ISSUE CLOSES ON: FRIDAY, FEBRUARY 04, 2011
Mumbai 400 051; Tel: (91 22) 4222 2000; Fax: (91 22) 2654 0354 ; Compliance Officer and Contact Person: Mahendra N.
Shah, Company Secretary; E-mail: infrabond@idfc.com; Website: www.idfc.com Application No. 86026009
PUBLIC ISSUE BY INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED (“COMPANY” OR “ISSUER”) OF LONG TERM INFRASTRUCTURE BONDS OF FACE VALUE OF RS. 5,000
EACH, IN THE NATURE OF SECURED, REDEEMABLE, NON-CONVERTIBLE DEBENTURES, HAVING BENEFITS UNDER SECTION 80 CCF OF THE INCOME TAX ACT, 1961 (THE “TRANCHE 2
BONDS” NOT EXCEEDING RS. 29,289.64 MILLION FOR THE FINANCIAL YEAR 2010 - 2011 (THE “ISSUE”) ON THE TERMS SET OUT IN THE SHELF PROSPECTUS DATED SEPTEMBER 23,
2010 AND IN THE PROSPECTUS - TRANCHE 2 DATED JANUARY 4, 2011.
Broker’s Name & Code Sub-Broker’s/ Agent’s Code Bank Branch Stamp Bank Branch Serial No. Date of Receipt

To, The Board of Directors, INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED

Dear Sirs,
Having read, understood and agreed to the contents and terms and conditions of Infrastructure Development Finance Company Limited’s Prospectus-Tranche 2 dated January 4, 2011, (“Prospectus-Tranche-2”) I/We hereby apply for allotment to me/us of the under mentioned Tranche 2 - Bonds out of the Issue. The amount payable on application for the below mentioned
Tranche 2 - Bonds is remitted herewith. I/We hereby agree to accept the Tranche 2 - Bonds applied for or such lesser number as may be allotted to me/us in accordance with the contents of the Prospectus-Tranche 2 subject to applicable statutory and/or regulatory requirements. I/We irrevocably give my/our authority and consent to IDBI Trusteeship Services Limited, to
act as my/our trustees and for doing such acts and signing such documents as are necessary to carry out their duties in such capacity. I/We confirm that : I am/We are Indian National(s) resident in India and I am/ we are not applying for the said Tranche 2 - Bonds Issues as nominee(s) of any person resident outside India and/or Foreign National(s).
Notwithstanding anything contained in this form and the attachments hereto, I/we confirm that I/we have carefully read and understood the contents, terms and conditions of the Prospectus-Tranche 2, in their entirety and further confirm that in making my/our investment decision, (i)I/We have relied on my/our own examination of the Company and the terms of the Issue, including the merits and risks
involved, (ii) my/our decision to make this application is solely based on the disclosures contained in the Prospectus-Tranche 2, (iii)my/our application for Tranche 2 - Bonds under the Issue is subject to the applicable statutory and/or regulatory requirements in connection with the subscription to Indian securities by me/us, (iv) I/We am/are not persons resident outside India and/or foreign nationals
within the meaning thereof under the Foreign Exchange Management Act, 1999, as amended and rules regulations, notifications and circulars issued thereunder, and (v) I/We have obtained the necessary statutory and/or regulatory permissions/consents/approvals in connection with applying for, subscribing to, or seeking allotment of Tranche 2 - Bonds pursuant to the Issue.;
Please fill in the Form in English using BLOCK letters Date d d / m m / 2011
APPLICANTS’ DETAILS
NAME OF SOLE/FIRST APPLICANT Mr./Mrs./Ms. AGE years
ADDRESS
(of Sole / First Applicant)

Pin Code
City (Compulsory) Telephone E-mail

SECOND APPLICANT Mr./Mrs./Ms.

THIRD APPLICANT Mr./Mrs./Ms.

PERMANENT ACCOUNT NUMBER (Mandatory) SOLE/FIRST APPLICANT SECOND APPLICANT THIRD APPLICANT
See Instruction no. 19 and 28

OTHER DETAILS OF SOLE/FIRST APPLICANT CATEGORY (Please 3)

Resident Indian individuals [no minors can apply] HUF through the Karta
BONDS IN DEMATERIALISED FORM. DEPOSITORY PARTICIPANT DETAILS (Mandatory if opted for Tranche 2 Bonds in dematerialised form)
Depository Name (Please ✓) National Securities Depository Limited Central Depository Services (India) Limited
Depository Participant Name
COMPANY

DP - ID I N
Beneficiary Account Number (16 digit beneficiary A/c. No. to be mentioned above)
BONDS IN PHYSICAL FORM (If this option is selected, the KYC Documents as mentioned in Instruction No. 28 are mandatory to be submitted alongwith the Application Form)
TEAR HERE

In terms of Section (8)(1) of the Depositories Act, 1996, I/we wish to hold the Tranche 2 - Bonds in physical form. I/We hereby confirm that the information provided in “APPLICANTS’ DETAILS” is true and
ANCE COMP

correct. I/We enclose herewith self attested copies of PAN card, proof of residence as the KYC Documents and self attested cancelled cheque.
Nomination (Please see Instruction no. 13.2)
Name of the Nominee :
Address of the Nominee
In case the Nominee is a minor, Guardian’s Name :
INVESTMENT DETAILS
FINANCE

Tranche 2 Bonds Series 1 2 COMMON TERMS OF THE ISSUE:

Issuer
: Infrastructure Development Finance Company Limited
Frequency of Interest payment Annual Cumulative
: “LAAA” from ICRA and AAA (Ind) from FITCH Rating
Security
: First pari passu floating charge over the Secured Assets and first
Face Value & Issue Price (Rs. / Bond) (A) Rs. 5,000/- Rs. 5,000/-
fixed pari passu charge over specified immovable properties of the
Minimum Application Two (2) Tranche 2 Bonds and in multiples of one (1) Bond thereafter. Company more particularly as detailed in the section entitled “Terms
OPMENT FIN

of Issue -Security” on page 103 of the Prospectu -Tranche 2

For the purpose fulfilling the requirement of minimum subscription Security Cover : 1.0 time the outstanding Tranche 2 - Bonds at any point of time.
of Two (2) Bonds, an Applicant may choose to apply for Listing : NSE and BSE
Two (2) Bonds of the same series or Two (2) Bonds across different series.
Debenture Trustee : IDBI Trusteeship Services Limited
Buyback Facility Yes Depositories : National Securities Depository Limited and Central Depository
DEVELOPMENT

Services (India) Limited

Whether, Buyback Facility opted (Please ✓ ) Mode of Payment : 1. Electronic Clearing Services; 2. At par cheques; 3. Demand
drafts
Buyback Date Date falling five years and one day Issuance : Dematerialized form or Physical form as specified by the Applicant
from the Deemed Date of Allotment in Application Form herein.
Buyback Amount per Tranche 2 Bond Rs. 5,000/- Rs. 7,350/- Trading : Dematerialized form only following expiry of the Lock-in Period
Deemed Date of Allotment : The Deemed Date of Allotment shall be the date as may be
Buyback Intimation Period The period beginning not before nine months prior to the Buyback Date and determined by the Board of the Company and notified to the Stock
ending not later than six months prior to the Buyback Date Exchanges. The actual allotment may occur on a date other than
the Deemed Date of Allotment.
E DEVEL

Maturity Date 10 years from the Redemption/Maturity Date : 10 years from the Deemed Date of Allotment
Deemed Date of Allotment Lock In Period : 5 years from the Deemed Date of Allotment
Interest Rate 8.00% p.a. N.A. Buyback Date : The date falling five years and one day from the Deemed Date
of Allotment.
Maturity Amount per Tranche 2 Bond Rs. 5,000/- Rs. 10,800/- SUBMISSION OF APPLICATION FORM: All Application Forms duly completed and accompanied
by account payee cheques or drafts alongwith KYC documents for Tranche 2 Bonds in physical form shall
Yield on Maturity 8.00% 8.00% compounded annually be submitted to the Bankers to the Issue during the Issue Period. No separate receipts shall be issued
for the money payable on the submission of Application Form. However, the collection centre of the
UCTURE

Yield on Buyback 8.00% 8.00% compounded annually Bankers to the Issue will acknowledge the receipt of the Application Forms by stamping and returning
to the Applicants the acknowledgement slip. This acknowledgement slip will serve as the duplicate of the
INFRASTRUCTUR

No of Tranche 2 Bonds applied for (B)
Amount Payable (Rs.) (A x B)
Total Number of Tranche 2 Bonds (1 + 2)
Grand Total (1+2)
PAYMENT DETAILS (See General Instruction no. 24)
INFRASTR
Series 1 Series 2 Application Form for the records of the Applicant.
BASIS OF ALLOTMENT : The Company shall finalise the Basis of Allotment in consultation with
the Designated Stock Exchange. The executive director (or any other senior official nominated) of the
Designated Stock Exchange along with the Lead Managers and the Registrar shall be responsible for
ensuring that the Basis of Allotment is finalised in a fair and proper manner. (For further details, about
(Rs.) the basis of allotment, please see the section entitled “Procedure for Application-Basis of Allotment” on
page 117 of the Prospectus -Tranche 2).

Total Amount Payable

Cheque / Demand Draft No. ____________________________ Dated ____________________/ 2011
(Rs. in figures) (Rs. in words)
Drawn on Bank _______________________________________________________________________

Branch ___________________________________________________________________________________
l Please Note : Cheque / DD should be drawn in favour of “IDFC Infra Bonds - Tranche 2” by all applicants. It should be crossed “A/c Payee only”. l Please write the sole/first Applicant’s name, phone no. and Application no. on the reverse of Cheque/DD.
l Demographic details will be taken from the records of the Depositories for purpose of refunds, if any lIn case of Applications for Tranche 2 Bonds in physical form the demorgraphic details will be as per the KYC documents submitted along with the Application Form
SOLE/FIRST APPLICANT SECOND APPLICANT THIRD APPLICANT

SIGNATURE(S)
“As POA Holder”

TEAR HERE

ACKNOWLEDGEMENT SLIP INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED d d / m m / 2011

Registered Office: KRM Tower, 8th Floor, No.1 Harrington Road, Chetpet, Chennai 600 031; Date
Note : Tranche 2 - Bonds eligible for Tel: (9144) 4564 4000; Fax: (91 44) 2854 7597; Corporate Office: Naman Chambers, C-32,
benefit under section 80CCF of the
G-Block, Bandra-Kurla Complex Bandra (East), Mumbai 400 051; Tel: (91 22) 4222 2000; Application No. 86026009
ACKNOWLEDGEMENT

Income Tax Act, 1961

SLIP FOR APPLICANT

Fax: (91 22) 2654 0354 ; Compliance Officer and Contact Person: Mahendra N. Shah,
Company Secretary; E-mail: infrabond@idfc.com; Website: www.idfc.com
Received From
Series Face Value No. of Tranche 2 Bonds Amount Payable (Rs.)
Cheque/Demand Draft No. Dated 2011 Bank's Stamp & Date
(A) applied for (B) (A x B)

1 Rs. 5000/- Drawn on (Name of the Bank and Branch)

2 Rs. 5000/-
All future communication in connection with this application should be addressed to the Registrar to the Issue
KARVY COMPUTERSHARE PRIVATE LIMITED, Unit: IDFC-Infrabond (Tranche 2) Plot no. 17-
24, Vithalrao Nagar, Madhapur, Hyderabad 500 081, Tel: (91 40) 2342 0815 - 24, Fax: (91 40)
Grand Total (1+2) 2343 1551 , Email: idfc_infra@karvy.com, Investor Grievance Email:idfc_infra@karvy.com,
Website: www.karvy.com, Contact Person: M. Murali Krishna, SEBI Registration No.:
Acknowledgement is subject to realization of Cheque / Demand Draft. INR000000221. Quoting full name of Sole/First Applicant, Application No., Type of options applied for,
Number of Bonds applied for, Date, Bank and Branch where the application was submitted and Cheque/
Demand Draft Number and name of the Issuing bank.

CK
 INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED : APPLICATION FORMS AVAILABLE AT FOLLOWING LOCATIONS
LEAD MANAGERS
KOTAK MAHINDRA CAPITAL COMPANY LIMITED LOCATIONS WOULD BE SAME AS GIVEN BELOW FOR KOTAK SECURITIES LIMITED
ENAM SECURITIES PRIVATE LIMITED LOCATIONS WOULD BE SAME AS GIVEN BELOW FOR ENAM SECURITIES PRIVATE LIMITED
● HDFC BANK LIMITED LOCATIONS WOULD BE SAME AS GIVEN BELOW FOR HDFC SECURITIES LIMITED
ICICI SECURITIES LIMITED
AGRA: ICICI Securities Ltd, 13A, 1St Flr., Sadar Bazar P: 9219439387; AHMEDABAD: ICICI Securities Ltd, Shop no 6, Sun complex, C G Rd. P: 9099935130; ICICI Securities Ltd, First Flr. Shop No 119, Akshar Commercial Complex SaP: lite Rd., P: 079-40060134; ICICI Securities Ltd, Gr. Flr., Shop No 4 & 5, Shilp Corner, Subhash Chowk, Memnagar, P: 9909949567; ICICI Securities Ltd, First Flr., Shop No. 106/107, Kesharkunj Complex Maninagar, KesharkunjP: 079-65411235;ICICI Securities Ltd, Gr. Flr.
Shop No 39, 40, 41, 42, Sarjan 2, 100 Feet Rd.,New C.G Rd., Chandkheda, P: 079-65445296; ICICI Securities Ltd, Sardar Centre, Grd Flr., Shop No. 31 To 35, Vastrapur, P: 8980006707; ICICI Securities Ltd, Shop No. 1, 2, 3, 4, Suvas Complex, 1St Flr., Opp. Rajasthan Hospital, Shahibaug, P: 9099011188; ALLAHABAD: ICICI Securities Ltd, 27/17, 1st Flr., Algin Rd., P: 9918200285; AMRITSAR: ICICI Securities Ltd, 3, Lawrence Rd., P: 0183-5019992; AURANGABAD: ICICI Securities Ltd, Gr. Flr., Ghai Chambers,
P: 9923201073; BANGALORE: ICICI Securities Ltd, 73/1-1, Krishna, Infantry Rd., P: 080-41239413ICICI Securities Ltd, First Flr, CNN & Yashosha, Complex, No.87, HBCS Layout, Shankarmath Circle,Basweswar Nagar, P: 080-41288270; ICICI Securities Ltd, First Flr., No. 9/1, Cambridge Rd. Layout, First Cross, P: 080-64526810; ICICI Securities Ltd, Mr. , First Flr., No.778/A, Chinnaswamy Chambers, off CMH Rd., Indira Nagar, P: 080-41261159; ICICI Securities Ltd, Sriranga Complex, No. 77, First Flr., 2Nd
Stage West of Chord Rd., P: 080-64526798; ICICI Securities Ltd, First Flr. No.50 Little Plaza, Cunningham Rd., P: 9739149992; ICICI Securities Ltd, First Flr., 135/5, 15Th Cross, 100 Ft Ring Rd., 3Rd Phase, J P Nagar, P: 080-41208808; ICICI Securities Ltd, First Flr., No 81/B, 22nd Cross, Jaya Nagar, 3rd Block, Jaya Nagar, 3rd Block, P: 080-41308445; ICICI Securities Ltd, No:399 , White Gold, 1st Flr., 24th Cross, Bhanashankari II Stage, P: 9916102953; ICICI Securities Ltd, Second Flr., No:4c-402, Hrbr
Layout Kamanahalli, II Block, P: 080-64526802,; ICICI Securities Ltd, 1039/B, 2nd Flr., 2nd Main, Vijaynagar, P: 080 41270890; ICICI Securities Ltd, First Flr. No. 209, New BEL Rd, P: 080-41675355; ICICI Securities Ltd, #105, A.E.C.S. Layout, 2Nd Stage 5Th Main Post Office Rd., P: 9739014148; ICICI Securities Ltd, First Flr., No: 430/363, Nh7, Santhey Circle, Ballary Rd., Yelalhanka,, P: 9739246181; ICICI Securities Ltd, 6/1, Ghandi Bazar, First Flr., Basavanagudi, Main Rd., Gandhi Bazar, P: 9886534636;
ICICI Securities Ltd, No.2, 100ft Ring Rd., Katriguppa Circle, Bhanashankari III Stage, P: 9739015159; ICICI Securities Ltd, No 72/1-B, Kanakapura, Jarganahalli, Kanakapura Rd., P: 080-41461441; ICICI Securities Ltd, 290/1, 11th Cross, Wilson Garden, P: 9739688211; ICICI Securities Ltd, No. 121, Atr Complexe, Airport Rd., Murugesh Palaya, P: 080-64528748; ICICI Securities Ltd, No.20, 1st Main, Gandhinagar, P: 9916301350; ICICI Securities Ltd, No. 46, 100 Feet Rd., First Flr., 6th Block, Koramangala,
P: 9886150793; BHOPAL: ICICI Securities Ltd, 2, Malviya Nagar; ICICI Securities Ltd, Mr. Kulvinder Arora, B-16, Indrapuri, P: 9584753111; BHUBANESHWAR: ICICI Securities Ltd, Gr. Flr., Plot No-99, Janpath, Unit-3, Kharbelnagar, P: 9776733377; CHANDIGARH: ICICI Securities Ltd, SCO-181/182, 1st Flr., Sector 9C, Sector 9C, P: 0172-6510232; ICICI Securities Ltd, SCO 62, Sec - 47C, SEC 47C, P: 9988297207; CHENNAI: ICICI Securities Ltd, Shop No. 10 & 11 Arihant Vaikunt, No 123, Purasawalkkam,
P: 9176687856; ICICI Securities Ltd, No.1, 9Th Street, Nanganallur, P: 044 23460211; ICICI Securities Ltd, Gr. Flr., Plot No. 1072 Munusamy Salai, West K K Nagar, P: 9962590369; ICICI Securities Ltd, 405, Tiruvalluvar Salai, Paneer Nagar, Mogappair, P: 044-24360227;ICICI Securities Ltd, First Flr. T-1, Yesesi Supermarket Building, Annanagar, P: 044-23460215;ICICI Securities Ltd, First Flr., New No. 87/2, Old No. 6/17, Annasalai, P: 044-23460220; ICICI Securities Ltd, Flat No 4, 70/27, North Mada Street,
Mylapore, P:9176617431; ICICI Securities Ltd, 475, Kilpauk Garden Rd., Kilpauk, P: 9176635422; ICICI Securities Ltd, PVM Complex, Plot No 1& 2, Vgp Vimala Nagar, Medavakkam, P: 9962563060; ICICI Securities Ltd, 1, 3Rd Cross Street, Kasturibai Nagar, Adyar, P: 044 23460211; ICICI Securities Ltd, Gr. Flr., No. 17, Arunachalam Rd., Saligramam, P: 044-23460253; ICICI Securities Ltd, Shop No. 2, Century Plaza, 560-562, Annasalai, Teynampet, P: 91-9176721055; ICICI Securities Ltd, No. 228, Thambu
Chetty Street, Parrys, P: 9176992510; COIMBATORE: ICICI Securities Ltd, 444, X-Cut Rd., Gandhipuram, P: 9176690327; FARIDABAD: ICICI Securities Ltd, Gr. Flr., SCO 52, Sector-29, Huda Market, Sector 29,P: 4108033; GHAZIABAD: ICICI Securities Ltd, Office No S-4, 5, 7 & 8, Gr. Flr., Girdhar Plaza. Plot No.H-1, Block No.B, Sahibabad, P: 0120-2639752; ICICI Securities Ltd, Gr. Flr., Supertech Icon, Nayay Khand-I, Indira Puram, P: 9999689290; NOIDA: ICICI Securities Ltd, 16, 15, 14, & 12-A, Gr.
Flr., Msx Tower II, Greater P: 9811482354; GURGAON: ICICI Securities Ltd, A-4, 5, DLF Shopping Mall, DLF City-I, DLF City-I, P: 0124-4381240; ICICI Securities Ltd, SCO 4, Sector 14, SCO 4, ; GUWAHATI: ICICI Securities Ltd, 3rd & 4th Flr., D.R.Braj Mohan Building, Opp. Abc Bus Stand, P: 9706024017; HUBLI: ICICI Securities Ltd, KVM Plaza, 1st Flr., Next to JTK Show Room, Club Rd. (Bellow VLCC), P: 0836-4265221; HYDERABAD: ICICI Securities Ltd, D. No. 19-64, 1St Flr., Prasanna Heights Brundavan
Colony, P: 9703218716; ICICI Securities Ltd, 1St Flr., Shop No.1, 2&3, Sreeram Rama Towers, Chaitanyapuri, Dilsukhnagar, P: 040-64530404; ICICI Securities Ltd, D No. 2-2-1130/25A, Prasanth Nagar New Nalllakunta, P: 9642328111; ICICI Securities Ltd, 1St Flr., 3-6-517, Shop No-103, Sai Datta Arcade, Himayatnagar, Main Rd., P: 040-64530452; ICICI Securities Ltd, Gr. Flr., 101 & 102, Prashanthi Ram Towers, Yellareddy Guda, P: 8142333502; ICICI Securities Ltd, Gr. Flr., 11-4-659, Bhavya Farooqi Splendid
Towers, Red Hills, Lakdikapool, P: 9642328177; ICICI Securities Ltd, First Flr., B- 44, Journalist Colony, Jubilee Hills, P: 040-64530463; ICICI Securities Ltd, First Flr., 6-3-111, Amrutha Mall Somajiguda, P: 9160993839; ICICI Securities Ltd, First Flr., D.No.1-10-209, Kamala Towers, Ashoknagar, P: 040-64530480; ICICI Securities Ltd, Gr. Flr., Plot No-03, Kimtee Banjara Heights, Rd. No-12, Banjara-Hills, P: 9642328131; ICICI Securities Ltd, 32/3RT, First Flr., Municipal No.7-1-261/92E, Sanjeeva Reddy Nagar,
S R Nagar, P: 040-64530497; ICICI Securities Ltd, First Flr., Concourse Building, Green Lands Rd., Ameerpet, P: 040-64530418,; ICICI Securities Ltd, Plot No 3 & 4, Sreerama Towers, P: 9642328110; ICICI Securities Ltd, 214 MIG KPHB Colony, Rd. No.1, Kukatpalli, P: 040-64530432; ICICI Securities Ltd, Groud Flr, D.No:1-8-138 To 143, Krishna Castle, Besi - Heritage Flights, P: 8142045304; ICICI Securities Ltd, D No. 3-6-100/B, Gr. Flr., West Marredpally, P: 040-64530429; ICICI Securities Ltd, Gr. Flr., Plot
No 29, Hi- Tech City, Madhapur, HI Tech City, P: 9642328117; ICICI Securities Ltd, A-G-1 & A-G-2, Conjeevaram House, Padmarao Nagar, P: 9642328167; ICICI Securities Ltd, Gr. Flr., Survey No.19/A, Ward No1 D. No. 4-65/5, Street No, 8 Habsiguda, P: 9160993822; INDORE: ICICI Securities Ltd, UG 5/6, Royal Rd. Gold, A.Y.N.Rd., P: 731-4205430, 9584460466; ICICI Securities Ltd, UG-6, Ug-7, Shekhar Residency, Scheme - 54, Sector F, Shekhar Residency; ICICI Securities Ltd, 1st Flr., Anjani Plaza, Ashok
Nagar, P: 9584460467; JABALPUR: ICICI Securities Ltd, 655, Napier Town, Katanga Gorakhpur Crossing, Napier Town, P: 7566668222; JAIPUR: ICICI Securities Ltd, G-34, Ganpati Paradise, Central Spine, Vidhyadhar Nagar, P: 9772201292; ICICI Securities Ltd, Gr.Flr., Opp. G. P. O. M I Rd., P: 0141-4027611, 9983311226; ICICI Securities Ltd, Shop No. G-8, G-9, Vaishali Tower II, Vaishali Nagar, Nursery Circle, P: 9772202012; ICICI Securities Ltd, A-2, Lal Kothi Shopping Center, P: 0141-4027618; ICICI
Securities Ltd, 4Th Flr., A-34, Prabhu Marg, Raja Park, 4th Flr, ; JALLANDHAR: ICICI Securities Ltd, 188, Model Town, P: 9988881320; JALGAON: ICICI Securities Ltd, Gr. Flr., City Enclave, City Enclave; JAMNAGAR: ICICI Securities Ltd, 3Rd Flr., Cross Rd. Complex, Bedi Bunder Rd., P: 8980022399; JAMSHEDPUR: ICICI Securities Ltd, Gayatri Enclave, 2nd Flr. Bistupur, P: 9570220223; KANPUR: ICICI Securities Ltd, 111/432, 80 Ft Rd., Ashok Nagar, P: 9721458473; KOCHI: ICICI Securities Ltd, Mr.
Rijith Menon, First Flr., Adonai Towers, S.A.Rd., P: 9846686227; ICICI Securities Ltd, 44/2102-C, Deshabhimani Junction, Kaloor, P: 9846755221; ICICI Securities Ltd, Olickal, 1st Flr., Prabhus Towers, North End, Mg Rd., P: 9846365229; KOLKATA: ICICI Securities Ltd, Sriniketan, Howrah Ac Market, 20, Dobson Rd., P: 8017516149; ICICI Securities Ltd, 30-G, Chowringee Mansion, Park Street, P: 9830674730; ICICI Securities Ltd, 112a, Third Flr., Rash Behari Avenue, P: 9674725735; ICICI Securities Ltd, Victoria
Plaza, 385, Garia Main Rd., P: 9674725734; ICICI Securities Ltd, 339, Canal Street, Lake Town, P: 9051615306; ICICI Securities Ltd, Mr. Madhuri Gupta, 95, Dumdum Rd., P: 9830549993; ICICI Securities Ltd, Gr. And 2nd Flr., 97/4, P: 9836003395; KOTTAYAM: ICICI Securities Ltd, 2nd Flr., Ashirwad Towers, No.3, Block 54, Shastri Rd., P: 9745003220; LUCKNOW: ICICI Securities Ltd, Gr. Flr., Landmark Arcade2, Badshah Nagar Crossing, P: 9918200325; ICICI Securities Ltd, Raj Palace, A1/15, Sector H,
Purania Chauraha, Aliganj, P: 9721458460; ICICI Securities Ltd, S/268, E Block Market, Awasthi Complex, Rajajipuram, P: 0522-4046306; ICICI Securities Ltd, First And Second Flr., Speed Building, 3, P: 9721455147; LUDHIANA: ICICI Securities Ltd, Sayal Complex, Gill Rd., P: 9988881402; MEERUT: ICICI Securities Ltd, P P Plaza Plot No. 177/1, Mangal Pandey Nagar, P: 9759010925; MUMBAI: ICICI Securities Ltd, H T Parekh Marg, Chuhrchgate, P: 022-66377350; ICICI Securities Ltd, Sawan Knowledge
Park, Groud Flr., Plot No. D-507, TTC Industrial Area, Near Jui Nagar Railway Station, P: 40701089; ICICI Securities Ltd, Shop no 11, Megh Apartment, Junction of factory lanes & LT Rd., Megh Apt -Boriwali(W), P: 9930469052; ICICI Securities Ltd, Jaya Apartments, R B Mehta RD, Ghatkopar (E), P: 9619661362; ICICI Securities Ltd, Shop No. 9, 10, Meriline Corner, Sion (E), P: 022 65972877, 9930258038; ICICI Securities Ltd, Shop No. 1 & 2, Dilkush Bungalow, Andheri (W), P: 022-65972185; ICICI Securities
Ltd, 56/57, Saraf Choudhari Nagar Co. Op. Soc, Thakur Complex, Thakur Complex, Kandivali (E), P: 022-65972165; ICICI Securities Ltd, Shop No. 26, 27 & 51, Gr.Flr., Ashoka Shopping Centre, LT Marg, GT Hospital Compound, Marine Lines, P: 9619661299; ICICI Securities Ltd, 1A&2, Balaji Arcade, S.V Rd. Kandivili (W), P: 022-67252026; ICICI Securities Ltd, Gr. Flr., Jayshree Plaza, L.B.S. Marg, Bhandup (W), P: 9833774119; ICICI Securities Ltd, Gr Flr., Devraj Mall, Krishna Kunj Hsg Soc, Harishankar Joshi
Rd., Dahisar (E), P: 9769114725; ICICI Securities Ltd, 1st Flr. Sai Kiran, Central Avenue, 11Th Rd. Junction, Chembur, P: 022 67706455, 9930262488; ICICI Securities Ltd, Radha Kunj, Azadnagar, Vile Parle West, P: 022 66712660; ICICI Securities Ltd, Gr. Flr., Vardhaman Apt, 40, Hanuman Rd., Vile Parle (E), P: 9920552981; ICICI Securities Ltd, Gr. Flr., Shop No. 2, Grace Chamber, Amrit Nagar, Chakala, Andheri (E),P: 9619130249; ICICI Securities Ltd, Shop No 4, 5, 6, 7, Roop Maya Co-Op Hsg.Soc, Sector
6, Airoli, P: 9930469001; ICICI Securities Ltd, Shop No.6, 7 & 8, Gr. Flr. Vaishnavi Tower, Sector-44, Nerul (W), Sec-44, P: 9619140868; ICICI Securities Ltd, Apsara Building, Shop No. 4, Sector - 17, Vashi, Sector 17, P: 022 67124805; ICICI Securities Ltd, Gr. Flr., Tulsi Pooja Shopping Center, New Panvel (E), P: 9930469073; ICICI Securities Ltd, Gr. Flr., Block 1, Shop No 3, Emerald Plaza, Hiranandani Meadows, Glady Alvares Marg, Thane (W), P: 9930468334; ICICI Securities Ltd, Olympia Bldg, Poonam
Sagar, Mira Rd. (East), P: 022-65972171; ICICI Securities Ltd, 1St Flr., Office No. 2, Gaurangi Chambers, L.B.S. Marg, L.B.S. Marg, P: 022-65970665; ICICI Securities Ltd, Gr. Flr., Galleria, Talao Pali; MYSORE: ICICI Securities Ltd, Natraj Aracade, # MIG 35, Urs Rd., First Flr., Hudco 1st stage, Kuvempunagar, Kuvempunagar, ; ICICI Securities Ltd, D. No. 86/3A, Panabvati Circle Jayalakshmipuram, P: 9986098910; NAGPUR: ICICI Securities Ltd, Gr. Flr. Plot No.263 &264, Brijbhumi Complex, P: 0712-6631611,;
ICICI Securities Ltd, Ganesh Heights, Kotwal Nagar, Ring Rd., Khamla, P: 0712 - 6452494; ICICI Securities Ltd, First Flr., Shop No. 138 To 140, Shree Ram Shyam Towers, Sadar - Hub, P: 9673333724; NASIK: ICICI Securities Ltd, Gr. Flr., Plot No. 7, Mahindra Memorial Centre, Rathchakra Chowk, Vadala- Pathardi Rd., Indira Nagar, Indira Nagar, P: 0253 6572116, 91-9158005613; NEW DELHI: ICICI Securities Ltd, , B-1, B-2, Third Flr., Above Hot Spot, Janakpuri, P: 011-64546535; ICICI Securities Ltd, Gr.
& 1st Flr., Premises No F-3/28, Abadi Krishna Nagar, Shahdara, Village Ghondali, KRIshna Nagar, P: 011-22097257, 9999169986; ICICI Securities Ltd, Mr. Jagdeep Singh, Gr. Flr., Ug-05, Upper Gr. Flr., Vikas Surya Plaza, 7 Community Centre, Rd. No. 44, Pitam Pura, Pitam Pura, Rani Bagh, P: 011-42644297, 9899103587; ICICI Securities Ltd, Gr. Flr., Plot No. 24 , 25, LSC, Mayur Vihar-II, P: 9810898215, 9582214197; ICICI Securities Ltd, Gr. Flr. & Mezzanine, Ab-11, Community Center, Safdarjung Enclave,
P: 011-46026136, 9582947952; ICICI Securities Ltd, Gr. Flr. & Mezzanine, 29, Community Centre, Naraina Industrial Estate, Phase - I, Naraina, P: 011-45009954, 9582162081; ICICI Securities Ltd, Building No 4, 1St Flr., SMR House, Basant Lok, Vasant Vihar, P: 011-46039807; ICICI Securities Ltd, 1st Flr., Shop No. 39, Pushpa Market, Lajpat nagar II, P: 9910692530, 9899235323; ICICI Securities Ltd, Gr. Flr. Plot no-8A, Block No.E, Hauz Khas, P: 011-41654853, 9582947953; ICICI Securities Ltd, Gr. Flr. &
First Flr., Plot No 17, Community Center, Mayapuri, P: 011-45501297, 9999592704; ICICI Securities Ltd, Gr. Flr. 4435-3/6, Portion 4/7 Ansari Rd., Next to Corrporation Bank ATM, Daryaganj, P: 011-43540813, 9582217663; ICICI Securities Ltd, Gr. Flr. , 1St Flr., Plot No-10, LSC Rajdhani Enclave, Vikas Marg, Rajdhani Enclave, Rajdhani Enclave, P: 9971091474; ICICI Securities Ltd, Gr. Flr., Rohini Sector-9, Near Kadambri CGHS Ltd, P: 9582202002; ICICI Securities Ltd, Gr. Flr. & Upper, 22, Central Market, Ashok
Vihar, P: 011-47023584; ICICI Securities Ltd, Unit F-7, 8, 9, 10, 11, 12, 13, 14, Malik Buildcon Plaza-2 Pocket-V, Sec 12, Dwarka, P: 9873232440; ICICI Securities Ltd, Mr. Diwakar Sharma, Gr. Flr. 30/5, Nangia Park Circle, Shakti Nagar, Nangia Park; Shakti Nagar, P: 011- 47013716, 9759215706; ICICI Securities Ltd, Gr. Flr., 3C/4, New Rohtak Rd., New Rohtak Rd., P: 9999283746; ICICI Securities Ltd, Mr. , First Flr. (Left Side), DDA Shopping Complex, Alaknanda, P: 011 - 41767514; ICICI Securities Ltd, Mr.
, Plot No. 13, Community Centre, New Friends Colony, New Friends Colony, P: 011- 41672696; ICICI Securities Ltd, 179 - 182, Dda Office Complex, Rajendra Bhawan, Rajendra Palace, P: 9999351142; ICICI Securities Ltd, Shop No. 45 & 46, Tilak Nagar, P: 9582947696; ICICI Securities Ltd, Shop No. 1, I Pocket, Dilshad Garden, P: 582214189; ICICI Securities Ltd, 114/115, 1st Flr., Arunachal Bldg 19, Barakhamba Rd., Connaught Place, P: 9582158521; ICICI Securities Ltd, Mr. Puja Kumari, J2/21, 1st Flr.,
Rajouri Garden, Delhi, P: 9999035683; NOIDA: ICICI Securities Ltd, B 1/34-35, Central Market, Sector-50, P: 9810139014, 9582200473; PATNA: ICICI Securities Ltd, ICICI Bank Premises, Sumitra Sadan, Boring Rd. Crossing, P: 0612 - 2205690, 9570900596; PUNE: ICICI Securities Ltd, Mr. , Gr. Flr., Abhimanshree Apartments-2, Condominium, Bhuvaneshwar Society, Aundh, P: 020-64009578; ICICI Securities Ltd, Gr. Flr., Sheetal Plaza, Cts No. 1125, Final Plot No.499, Model Colony, Shivajinagar, Bhamburda,
Model Colony, P: 020-64009581, 7798981523; ICICI Securities Ltd, Rama S.No 682/A, CTS No 1048, Plot No 49, Chatrapati Rajaram Co-Op Hou.Soc, Jedhenagar, Bibwewadi, P: 020-64780045, 9158882629; ICICI Securities Ltd, Office No.3, Teddies Apartment Kondhawa, P: 020 64789996, 7798981535; ICICI Securities Ltd, Gr. Flr. & Mezzanine, Krishnakunj, S No.211, Hissa No. 2E, Plot No. 17, Yerwada, Kalyaninagar, P: 020-64000280, 7798981528; ICICI Securities Ltd, Gr. Flr. & Basement, Pramila Apt,
Plot No. 16, Beside HoP: Kamat, Dahanukar Colony Circle, Kothrud, P: 020-64000279; ICICI Securities Ltd, Mr. Ravindra Bhandari, Gr.Flr., 86A, Survey No.390/1684-1, M.G.Rd., Camp, M.G.Rd., P: 020 64000284, 9158882700; ICICI Securities Ltd, Groud Flr., Premsagar, H Wing, Chinchwad, P: 020-27463416, 7798981252; ICICI Securities Ltd, Shop No 1 & 2 Gr. Flr., Sneh Bldg, Cts No 1404, Pimpri, P: 020-26451574, 9923201041; ICICI Securities Ltd, Gr. Flr., KPCT B Wing, S No.16, Hisa No.1/1, CTS No.912,
Wanawadi, Fatimanagar.P: 020-64009551, 7798981509; RAJKOT: ICICI Securities Ltd, 1st Flr., Shantiniketan Complex, 150 Feet Ring Rd., Opposite KKV Hall, 150 Feet Ring Rd., P: 0281-6451154, 9727739840; RANCHI: ICICI Securities Ltd, First Flr., Main Rd., Ranchi Club Complex, P: 7631998820; SURAT: ICICI Securities Ltd, Shop No.35, 36 & 37, 2Nd Flr., Shreeji Arcade Complex, Anand Mahal Rd., Adjan Rd., Shreeji Complex, P: 0261-6548419, 8980006745; ICICI Securities Ltd, G/10, 11, 12, Sarthi
Complex, Hira Baug, Warachha, P: 0261-6548438, 79-9099935176; ICICI Securities Ltd, Mr. Nirmal Panchal, 1St Flr., Viishal Chambers, Nr. Athwagate Charrasta, Besides Sardar Bridge, P: 0261-6548407, 8980022395; TRIVANDRUM: ICICI Securities Ltd, 2 nd Flr., Kamala Towers , Vazhuthacaud, P: 9846645223; UDAIPUR: ICICI Securities Ltd, Sf, 5c, Madhuvan, Above Kotak Mahindra Bank, P: 9983345015; VADODARA: ICICI Securities Ltd, Gr. Flr., Gardenview Chambers, Opp Kala Ghoda Circle, Sayajiganj,
P: 0256-6540546, 8980022367; ICICI Securities Ltd, Amrapali Complex, 1st Flr., Shop No. 142, 143, 144, 145, 146, Water Tank Rd., Karelibaug. P: 0278-2433288, 8980022359; ICICI Securities Ltd, Rutukalash Complex, Gr Flr., Shop No 7, 8, 9 Tulsidham Char rasta, Manzalpur, P: 0265 6566911; ICICI Securities Ltd, 1st Flr., Gokulesh Ii, 96 Sampatrao Colony, R.C.Dutta Rd., Gokulesh, Alkapuri, P: 9909947855; VAPI: ICICI Securities Ltd, Gr. Flr., City Surver No. 1913, Rozy Empire, Opp Govt Yatri Niwas, Vapi,
3P: 8980022376; VIJAYAWADA: ICICI Securities Ltd, 29-6-31, 1st Flr., Sai Srinivasa Shopping Complex, Nakkal Rd., Suryaraopet, P: 9160993807; VISHAKHAPATNAM: ICICI Securities Ltd, 1-83-43, 1st Flr., Narendra Polyclinic Building, M V P Colony, P: 0891-6520468, 7799017078.
JM FINANCIAL CONSULTANTS PRIVATE LIMITED LOCATIONS WOULD BE SAME AS GIVEN BELOW FOR JM FINANCIAL SERVICES PRIVATE LIMITED
IDFC CAPITAL LIMITED* LOCATIONS WOULD BE SAME AS GIVEN BELOW FOR SHAREKHAN LIMITED
*
IDFC Capital Limited, which is a subsidiary of the Company, shall only be involved in marketing of the Issue.
LEAD BROKERS
ALMONDZ GLOBAL SECURITIES LIMITED
AHMEDABAD: 2nd Floor, Unit No.5, Panchratna, Opp.White house, Panchavati Circle, C.G.Road, P: 079-40212428 ALAKNANDA: H-3, 1st Floor, Alaknanda Commercial Complex, Alaknanda Market, Behind Apollo Pharmacy, P: 011-26027013 BANGALORE: S-108 South Block, Manipal Centre, Dickenson Road, P: 080-42400900 to 906 BAREILLY (U.P): 146, Bhagwati Complex, Civil Lines, Near Circuit House Chouraha, . P: 0581-2510531 BARODA: 301 Blanca Complex, opposite Rajlakshmi Complex,
Old Padra Road, Near Racecourse Circle, P: 0265-6636002 / 6636039 CHENNAI: 1/B, 1st floor, Royal court No.41, Venkatnarayana Road, T- Nagar, P: 044-43473666 COIMBATORE: Ahuja Towers, 3rd Floor, 42/17 T V Swamy Road (West) R S Puram, P: 0422 - 4521216 / 317 JAIPUR: 2nd Floor, Emerald Plaza, Motilal Atal Road, Opp.Ganpati Plaza, M.I.Road, P: 0141-4016189 KOLKATA: Prasad Chambers, Block B-201, 2nd Floor, 10A, Shakespeare Sarani, P: 033 - 22820873/74/75/76 LUCKNOW: 1st
floor, Shukla Palace, B-1, Sapru Marg, P: 0522-3018419-22 LUDHIANA: Sco-16 & 17, 3rd Floor, Fortune Chambers, Opp. Ludhiana Stock Exchange Bldg.,Firoze Gandhi Market. Firozepur Road, P: 0161-4641187 MORADABAD: Shankar Dutt Sharma Marg, Civil Lines, Opp. Civil Line Police Station, P: 0591-2410423/2410422 MUMBAI: 31,6th Floor, Vaswani Mansion, Dinshaw Vachha Road, Opp. K. C. College, Churchgate, P: 022-22870593 : Grande Palladium, Level-5, 175, C.S.T. Road, Kalina, Santacruz
(E), P: 022-66437600 NEW DELHI: 2nd Floor, 3, Scindia House, Janpath, P: 011-41514666-69 NOIDA: 401, Ocean Plaza, P-5, Sector 18, . P: 0120-4262840 / 41 PUNE :- 1st Floor, Surya Bhavan, Nr.Sheetal Hotel, Ferguson College road, Shivajinagar, P: 020-30215300.
BAJAJ CAPITAL LIMITED
AGARTALA : Bajaj Capital Ltd, 1st floor of Oriental Bank of Commerce, Near Rabindra Bhawan Tripura (West), P: 09206044376. AGRA: Bajaj Capital Ltd, Shop No. 110, Ground Floor, Block No. 27/2/4, Sanjay Palace, Near Hotel Panchrattan,P: 0562-6457307. AHMEDABAD : Bajaj Capital Ltd, 2-L, ‘Akik’ Opp Lions Hall, Mithakhali Six Raod, Near Nalanda Hotel, Ellisbridge, P: 079-64500171, 72. AJMER : Bajaj Capital Ltd, 26, Ground Floor, Ajmer Tower, Kutchery Road, P: 0145-6451231,0145-6451232.
ALLAHABAD: Bajaj Capital Ltd, Shop No. F-5 , Indira Bhawan, Civil Lines, P: 0532-6452481,0532-6452482. BANGALORE: Bajaj Capital Ltd, Unit 104-107, First Floor, ‘A’ Wing, Mittal Towers, M.G. Road, P: 080-65471121, 65471123. BHOPAL: Bajaj Capital Ltd, Shop No. 6, First Floor, Jyoti Cinema Complex, M.P. Nagar, Zone1, P: 0755-6459550. BHUBANESHWAR : Bajaj Capital Ltd, Plot No. 1/A, Ground Floor, Station Square, Kharvel Nagar, P: 0674 - 6451257, 6451269. CHANDIGARDH: Bajaj Capital
Ltd, SCO 341 - 342, First Floor, Sector 35B, P: (0172) , 6451612 – 13. CHENNAI: Bajaj Capital Ltd, Wellington Plaza, 3rd Floor, 90, Anna Salai, P: 044-23451207, 08. COIMBATORE: Bajaj Capital Ltd, No. 575, D.B. Road, First Floor, (Near Head Post Office) R.S. Puram,P: 6470136, 38. DEHRADUN: Bajaj Capital Ltd, 15, Rohini Plaza, 11-E Rajpur Road, P: 0135-6452648,0135-6452649. FARIDABAD: Bajaj Capital Ltd, 5R/1 Ground Floor, B.K. Chowk, Near HDFC Bank, P: 0129 - 6466566. GHAZIABAD: Bajaj
Capital Ltd, G-5, Ansals Satyam Building, Raj Nagar, District Centre, P: 0120-6493211,0120-6494070. GORAKHPUR: Bajaj Capital Ltd, Ground Floor, A D Towers, Bank Road, P: 0551-6453025,0551-6453026. GURGAON: Bajaj Capital Ltd, Super Mart B-201, Super Mart - 1, DLF City Telase - IV, P: 0124-6469991,0124-6468105. GUWAHATI: Bajaj Capital Ltd, Room No.102, 1st Floor, Dunfur Apartment, R G Baruah Road, P: 9207045530, 31. HYDERABAD: Bajaj Capital Ltd, 3-6-522, 2nd & 3rd Floor, Archies
Showroom, Opp. KFC, Himayath Nagar, P: 040 - 44555555, 64631421, 22. INDORE: Bajaj Capital Ltd, Shop No. 3, City Plaza, M.G. Road near Regal Cinema, P: (0731) 6452014. JAIPUR: Bajaj Capital Ltd, G-3, Anukampa Tower, Opp. SangamTower, Church Road (M. I. Road), . P: 0141-6503342, 43. JALGAON: Bajaj Capital Ltd, Beside ICICI Bank, Dhake Corporate Centre, Dhake Colony, P: 0257-6451511. JAMNAGAR: Bajaj Capital Ltd, 36 AB, Ground Floor, Indraprashtha Complex, Near Pancheshwar
Tower Road, P: 0288-6450105. JAMSHEDPUR: Bajaj Capital Ltd, Shop No. 53, 2nd Floor, Kamani Business Centre Bishtupur, P: 6457603, 6457627. KANPUR: Bajaj Capital Ltd, 106, Ratan Esquire, 14/144, Chunni Ganj, Tel:(0512) 6451763 – 64. KOCHI: Bajaj Capital Ltd, Rubicon Building, S.A. Road, South Over Bridge, Valanjambalam, P: 0484-6452566, 65. KOLKATA: Bajaj Capital Ltd, 5th Floor, Room No. 507, 7/1, Lord Sinha Road, P: 033 - 22820383. KOTTAYAM: Bajaj Capital Ltd, Skline Citadel Building
, Opp. Plantation Corporation, Ground Floor, Kanjikuzhy, K.K. Road, P: 6452249,6452251. LUCKNOW: Bajaj Capital Ltd, 5, Commerce House, Habibullah Compound, 11, M.G. Marg, Hazratganj, P: 0522 - 6565568. LUDHIANA: Bajaj Capital Ltd, M-3, ABC Services, SCO-137, Feroze Gandhi Market, P: (0161) 2412287. MADURAI: Bajaj Capital Ltd, Suriya Towers, No.5, First Floor, 272/273, Good Shed Street, P: 0452 - 6461023, 6461024, 6461025. MANGALORE: Bajaj Capital Ltd, Essel Towers, BS 4, Bunts
Hostel Circle, . P: 0824-6451218, 17. MEERUT: Bajaj Capital Ltd, G-43, Ganga Plaza, Near Begam Bridge, . P: 0121 - 6451510, 6451511. MUMBAI: Bajaj Capital Ltd, Agra Bldg, Gr. Floor, 7/9 Oak Lane, Fort, P: 022 - 66376999. NAGPUR: Bajaj Capital Ltd, Shop No. 5, Pushpakunja Commercial Complex, Central Bazar Road, Ramdas Peth, P: 0712-6618577, 6618576. NASHIK: Bajaj Capital Ltd, G 18 & 19 , Suyojit Sankul, Tilak Wadi, Sharanpur Road, P: 0253 - 6629011, 6629012. NEW DELHI: Bajaj Capital
Ltd, Bajaj House, 97, Nehru Place, P: 011 -41693000,26410315. PATNA : Bajaj Capital Ltd, Flat No. 108, 1st Floor, Ashiana, Plaza, Budha Marg, P: 0612 - 6457627, 6451056. PONDICHERRY: Bajaj Capital Ltd, No. 127/A, 100 Ft. Road,Natesan Tower, 1st Floor, Natesan Nagar, P: 0413 - 6452334, 6452335. PUNE: Bajaj Capital Ltd, Shop No 6, Sanas Plaza, 1302, Subhash Nagar, Bazirao Road, P: 020-65009460, 61. RAJKOT: Bajaj Capital Ltd, Prathibha Complex, Near Jayesh Publicity, Moti Tanki Chowk,
P: 0281-6450135, 37. SALEM: Bajaj Capital Ltd, 22, GF, Omalur Main Road, P: 0427 - 6452565, 6452566. SECUNDERABAD: Bajaj Capital Ltd, Shop No.10, First Floor, Minerva Complex, 94, S.D. Road, P: 040-64631428, 29. SONEPAT: Bajaj Capital Ltd, Ground Floor, Opp. Old Civil Hospital, Railway Road, P: 0130-6451297,0130-6451256. SURAT: Bajaj Capital Ltd, L-4, Ground Floor, Vishwakarma Chambers, Majura Gate Crossing Road, Ring Road, P: 0261-6450421, 6450422. THIRUVANANTHAPURAM:
Bajaj Capital Ltd, Edamala Plaza, TC 14/999 Opposite Police Headquarters, Vellayambalam Road, Vazahuthacadu SasthamangalamPost, P: 0491-6450176, 6450177. TIRUCHIRAPALLI: Bajaj Capital Ltd, Swati Arcade, 73/1 - f 1st Floor Salaia Road, Thillai nagar, P: 0431 - 6452094, 6452095. VADODARA: Bajaj Capital Ltd, 129 Siddharth Complex, R C Dutt Road, P: 0265 – 3088162. VARANASI: Bajaj Capital Ltd, D-58/53-54, 1st Floor, Shiva Complex, Rath Yatra Crossing, P: 0265-6450181. VIJAYWADA:
Bajaj Capital Ltd, Kalyan Complex 39-1-89, 1st Floor, Beside OBC Bank, Temple Street, M.G. Road, Labbipet, P: 0265 - 6450181, 6450182. VISHAKHAPATNAM: Bajaj Capital Ltd, Door No.10-1-125, 1ST Floor, Asilmetta Junction, Beside Prasad Labs, P: 0891-6461773, 74.
ENAM SECURITIES PRIVATE LIMITED
BANGALORE: Enam Securities Pvt Ltd, 10/3, Ground Floor,No.29, Empire Infantry,Infantry Road P: 080- 40333222. CHENNAI: Enam Securities Direct Pvt Ltd, 11, Vijay Delux Apts., 7/4 First Main Road, Cit Colony, Mylapore P: 044- 39184226 / 39893626. HYDERABAD: Enam Securities Direct Pvt Ltd, 6-3-650/217B & C, Maheshwari Chambers, 2nd Flr.,Somajiguda- P: 040- 30658502. JODHPUR: Enam Securities Direct Pvt Ltd, C-10, Shastri Nagar P: 0291- 6452989 / 9982533188. KOLKATA: Enam Securities
Direct Pvt Ltd, S-205, Ideal Plaza, 11/1,Sarat Bose Road, P: 033- 39893626. MUMBAI: Enam Securities Pvt Ltd, Khatau Building, 2nd Floor, 44 Bank Street, Off Shahid Bhagatsing Road, Fort P: 022- 22677901. MUMBAI: Enam Securities Direct Pvt Ltd, 201-a, Laxmi Towers, Bandra Kurla Compex, Bandra (E)-, P: 022- 66803600. MUMBAI: Enam Securities Pvt Ltd, Hari Chamber, Ground Floor, 58/64, Shahid Bhagat Singh Road, Fort P: 022- 22677901. NEW DELHI: Enam Securities Pvt Ltd, M-39, Iind Floor,
Outer Circle,Opp.super Bazar, Connaught Place P: 011- 49811200/201. PUNE: Enam Securities Pvt Ltd, 1248a, Asmani Plaza, Goodluck Chowk, Deccan Gymkhana, Shivaji Nagar P: 020- 30547125. PUNE: Enam Securities Direct Pvt Ltd, 101 & 102, Silver Prestige, 1st Floor, Opp. Mccia, Tilak Road, Swargate P: 020- 24432970/1. RAJKOT: Enam Securities Direct Pvt Ltd, 308, 3rd Floor, Towar Commercial Complex,Jawahar Complex,Near Galaxy Hotel P: 0281- 3200170/2226388. SURAT: Enam Securities
Pvt Ltd, G-5, International Trade Centre, Majurat Gate Crossing, Ring Road P: 0261- 3027516. VADODARA: Enam Securities Direct Pvt Ltd, Gf 9, Silverline Towers, Opp Bbc Towers,Sayajiganj P: 0265- 3026945/46. VADODARA: Enam Securities Pvt Ltd, 642 Fortune Towers, Sayajiganj P: 0265- 2225412.
HDFC SECURITIES LIMITED
AGRA: HDFC Securities Ltd, II nd floor, Deepak Wasan Plaza, 17/2/4, Sanjay Place, Agra, P: 0562-2526888-97. AHMEDABAD: 208, Grand Mall, 2nd floor, Ambawadi, S. M. Road, P: 079-66122340-41-42-43. 212, ISCON Centre, Shiv Ranjani Char Rasta, Satellite Road, P: 079-66612340-41-42-43. 309, 3rd floor, Shukan Mall, Near Visat Petrol Pump, Sabarmati, P: 079-27517163-64 & 40190711-12. 402, Amruta Arcade, 4th floor, Station Road, Maninagar Char Rasta, Maninagar, P: 079-25466931-32-34. 4th
Floor, Astral House, Above HDFC Bank, Nr Mithakali Cross Road, Navrangpura, P: 079-66072932-33-34-35-40-42. Shop No 1, Samarpan Complex, S. P. Ring Road Circle, Ambli-Bopal, P: 9228009601-02-03-04. AHMEDNAGAR: HDFC Securities Ltd, Basement Shop No.B -22, Amber Plaza Building ‘A’, Opp sahakar sabhagruha, Station Road, P: 0241- 2451974/75/76/77/78/79. AJMER: India Square, II Floor,India Motor Circle, Kutchery Road, P: 0145-5101421-22-23-24-26-27. ALLAHABAD: HDFC Securities
Ltd, 46/A-1, First Floor, Kapoor Bhawan, Near Hot Stuff Crossing, Lal Bahadur Shastri Marg, Civil Lines, P: 0532-2400249 / 250 / 251. AMRITSAR : HDFC Securities Ltd, 2nd Floor, SCO -5, District Shopping Center, Ranjit Avenue, : 0183-5070100,0183-5070200. ANAND: 2nd Floor, Madhav Complex, Grid Cross Road, Anand, P: 02692-245831-32-33 & 644773. AURANGABAD: HDFC Securities Ltd, ‘A’ 1st floor, Gurunath Sankul, Above HDFC Bank, Kalda corner, Shreya Nagar, P: 0240-2360820/21/22/23/
24/25. BANGALORE: HDFC Securities Limited, 33/5 Meanee Avenue Road,Mount Kailash Building,Near Lake Side Hospital.Ulsoor. P: 080-25577410. HDFC Securities Limited, No 71,L S Towers 1st Floor,BTM Layout 2nd Stage, P: 080-41200834. HDFC Securities Limited, No 93 A,23 rd Cross,Rajaji Nagar 2nd Block, P: 080-30923703. BAREILY: HDFC Securities Limited, 1st floor, Sheel Kishan Tower, 63 Civil Lines, Opp. Railway Institute, Chopala Rd, P: 0581-2550013/18/20. BARODA: D-11, Kamalanjali,
Off Padra Road, Akota, Above HDFC Bank, Opp. Tube Company, P: 0265-2355791-98, 2353418-19-20. BELGAUM: HDFC Securities LTD, CTS No 5854 1st Floor, Congress Road,Tilakwadi P: 0831-2445508. BELLARY: HDFC Securities Ltd, Kakathiya Apartments, Ground Floor,Kappagal Road, P: 0839-2258921. BHARUCH: 3rd Flr, Akshat Plaza, Above HDFC Bank, Near Link Road, P: 02642-252971-72-73-74, 238975-76. BHATINDA: HDFC Securities Limited,Ground Flr, 3038 A, Dilip Singh Walia Complex,
Guru Kanshi Marg, National Highway No 15, P: 0164-2240805 / 2240784. BHAVNAGAR: Office no. 7, 1st floor, Gopi Arcade, Waghawadi Road, P: 0278-2570145-46-47 & 6450127-28-29-33. BHILAI: HDFC Securities Limited, 3rd Floor, Chauhan Estate, Near Chandra Maurya Talkies, GE Road, P: 0788-2290318 , 2290276. BHOPAL: 1st Floor, Star Planet, Plot No. 9, Zone II, M.P. Nagar, Bhopal P: 0755-4288110-12-13-14-15-16. BHUBANESHWAR: HDFC Securities Limited, 2nd Floor, Plot No. 10, District
Centre, Chandrashekharpur, P: 0674-2742912/13/15/16. CALICUT: HDFC Securities Limited,Office No7 11 71 B Ground floor.Techno Top building,VM Basheer Road, P: 0495-4488501-11. CHENNAI: HDFC Securities Limited, Aysha Complex, 2 nd Floor, 208, Anna Salai, P: 044-28297951-53. HDFC Securities Limited, Sagarika Towers, 2nd Floor,No.18, 3rd Cross Road, Kasturibai Nagar, Adyar , P: 044-24410251-57. HDFC Securities Ltd, Block A, First Floor, New No.57 , Old No 9, 2nd Avenue , P: 044-26221860.
COCHIN: HDFC Securities Limited, Second floor,Sudhas Building, Madhava Pharmacy Junction,Banerji Road, P: 0484-4064516-519. COIMBATORE: HDFC Securities Limited, Ashirwad, 36, D. B. Road, R.S. Puram, P: 0422- 2541357 to 63 . DEHRADUN: HDFC Securities Limited,24A, Hathi Barkala, 1st Floor Cantt Road, NCR Plaza, P: 0135-3054910/919. DELHI: HDFC Securities Limited, Kanchenjungha Bldg, Upper Gr. Flr.,18, Barakhamba Road, P: 011-43008623. HDFC Securities Limited, Shop #1822
-23 -24, 1st Floor,Nr. Sisganj Gurdwara, Chandni Chowk, P: 011-23240528-36. HDFC Securities Limited,Ground Flr, Plot No 19, GE Sagar Plaza Building,District Center, Laxmi Nagar, P: 011-45152780/81. HDFC Securities Ltd, Unit No. 722, VII Floor,Amba Tower,Sector-9, Rohini, P: 011-49816801-16. HDFC Securities Ltd, Flat No 905, 9th Floor, Madam Bhikaji Cama Bhawan, Bhikaji Cama Place, P: 011-26164799. DURGAPUR: HDFC Securities Limited, Kwality Hotel Complex, 1st Floor, Bhiringi More, Nachan
road, P: 0343-2588791 / 92. ERODE: HDFC Securities Ltd, Lotus Enclave,1st Floor,456 Brough Road, P: 0424-2214981-88. FARIDABAD: HDFC Securities Ltd, 5R/2, First Floor, BK Chowk, NIT, P: 0129 4251800-13. GANDHIDHAM: 1st Floor, M.R. Shah Chambers, Plot No. 355, Sector 12 B, Tagore Road, Kutch P: 02836-658801-06. GANDHINAGAR: Plot No. 447, Ground Floor, Next to HDFC Bank, Sector 16, P: 079-65724501-02-03-04. GHAZIABAD: HDFC Securities Ltd.,C 53, Raj Nagar District Center,
Next to HDFC Bank,P: 0120 2822312- 14-15-16-17-18-19-21. GUNTUR: HDFC Securities Ltd,1st floor, 6-19-35,Aditya Enclave, 13th lane, Arundelpeta, Above Opp Grand Nagarjuna, P: 0863 2259816 / 817. GURGAON: HDFC Securities Ltd.,O-105, Ist Floor, DLF Shopping Mall, DLF Phase-I, Arjun Marg, P: 0124-4063880-84. GUWAHATI: HDFC Securities Limited, 1st Floor, Pushpanjali Complex, 126, G.S. Road, P: 0361-2467104 to 07. HIMMATNAGAR: A/G12, Durga Complex, M.P. Patel Road, P: 02772
-246052-53-54. HISSAR: HDFC Securities Limited, First Floor, Kamla Palace,57-60, Kamla Nagar, Red Square Market, P: 01662-272253, 272254. HUBLI: HDFC Securities Ltd Vernekar Plaza 3rd Floor, Deshpande Nagar, P: 0836-2258763. HYDERABAD: HDFC Securities Limited, 3C, Far East Plaza, Above Chutneys , Himayatnagar Main Road, Himayatnagar, P: 040-66759908. HDFC Securities Ltd, Ground Floor, 7-1-210, Ameerpet, P: 040-40033480-4. INDORE: Portion 102/103, 1st floor, Sterling Arcade,
Plot no. 15/3, Race Course Road, P: 0731-4280780-81-82-83-84-85. JABALPUR: 1402 BG’s Complex, 2nd Floor, Gorakhpur Road, P: 0761-2410095, 2410243, 2400214,. JAIPUR: B-5, 2nd Floor, District Shopping Center, Nr. Laxmi Mandir Cenema Hall, Tank Road, P: 0141-5190700-01-02-03-05. Ist Floor,Land Mark Building,S-16-A,. Mahaveer Marg,C-Scheme, 302001, P: 0141-5119712-13-14-15. JALANDHAR : HDFC Securities Ltd, 188 A, Iind floor, Model Town, Jalandhar.P: 0181-2440144. JALGAON:
HDFC Securities Ltd, 1st floor, Patel Plaza, Opp Raisoni hospital, M.G. Road, P: 0257- 2242410/11/12/13. JAMNAGAR: 401, Madhav Square, 4th floor, Opp. Cricket Bungalow, Limda lane, P: 0288-6454407-08-09-10. JAMSHEDPUR: HDFC Securities Limited, 2nd Floor, Shaurya Arcade, New SNP. Area, Sakchi, P: 0657-2235912 to 21. JAYANAGAR: HDFC Securities Limited,No 220/15,1st Floor,Rajalakshmi Arcade,9th Main 3rd Block P: 080-26542080. JODHPUR: 3rd floor, 178, Narayanam, Upper Chopasni
Road, P: 0291-5150600-5100055. KARIMNAGAR: HDFC Securities Limited , 2-3—110, Old Vajrammatowers, Opp Sreenidhi Apartments, Kaman To Bus Stand Road, P: 0878 2261145 / 2261146. KARNAL: HDFC Securities Limited, Narayan Plaza, Sco: 778-779,Kunjpura Road, Opp. Mahavir Dal, P: 0184-2260029 /30 /31 /32/34. KILPAUK: HDFC Securities Ltd,Prince Towers,2nd Floor, Shop No:S-24,Door No:94/113,Pursawalkam High Road, P: 044-40501111-31 . KOLHAPUR: HDFC Securities Ltd, 7/A
2nd floor Gemsstone-RD vichare Complex, new Shahupuri, Near central bus-stand, P: 0231-2338135/6/7/8. KOLKATA: HDFC Securities Limited, 26A Hindusthan Park, Gariahat Shopping Mall, 1st Floor, Gariahat, P: 033-24198448 to 53. HDFC Securities Limited, 2nd Floor, NIIT Building, 123, Bidhan Sarani, P: 033-25554076/77/1605/11. HDFC Securities Limited, 4 Clive Row, Jardine House, 3rd floor, P: 033-22134371 to 73. HDFC Securities Limited, 4, Clive Row, Jardine House, 3rd floor, P: 033-22134367
to 70. HDFC Securities Limited, 8, Chittranjan Avenue, Barick Bhawan, 3rd Floor, P: 033-22129574 to 77. KORAMANGALA: HDFC Securities Limited, 1st Floor,KHB Colony,5th Block,Site No C-1,Near Vinayaka Temple P: 080-25524960. KOTA: 2nd Floor, 414, Shopping Center, P: 0744-5100924-25-26-27-28-29. KURNOOL: HDFC Securities Limited, 51/ 1F, 51/1F1, 1st Floor,Adil Complex, Above Honda Showroom, Bellary Road, P: 8518-256053/51/90/91/92/94. LUCKNOW: HDFC Securities Limited, 56-
57, Chander Nagar, 2nd Floor, Alambagh, P: 0522-2461684. LUDHIANA: HDFC Securities Limited, Unit no. IV, 1st floor, First Mall, Mall Road, P: 0161-5069135. M G ROAD: HDFC Securities Limited, 2nd Floor,Block 2 A Esquire Center,No 9 M G Road, P: 080-25575800. MADURAI : HDFC Securities Ltd,1st Floor 232 Naicker New Street, P: 0427-2265313-17. MANGALORE: HDFC Securities Ltd,Kayar Manj Building 3rd Floor M G Road, P: 0824-2459591. MARGAO: HDFC Securities Ltd,. Ranghavi.Opp.
Margao Municipality, Dr. George Barretto Road, 3rd floor, Shop no-5, Above HDFC Bank, P: 0832-2700144/2700147/2700154. MEHSANA: Shop no. 12 & 13, 2nd floor, Prabhu Complex, Near Patel Automobiles, Near Rajkamal Petrol Pump, Highway, P: 02762-259816-17-18-19-20. MOHALI: HDFC Securities Limited, SCF-55, Phase 3-B, II, P: 0172-5095406. MORADABAD: HDFC Securities Limited, 409,Rudra Plaza,2nd Floor, Gram Chawani,Opp.PWD Guest House,Civil Lines, P: 0591-2411731-40. . MUMBAI:
HDFC Securities Limited , 302 , 3Rd Floor, Palm Spring Building, Above Croma, Next To Dmart, New Link Road, Malad West, P: 022-30886162 to 30886171 ; 30096535 to 30096537. HDFC Securities Limited, 302 , 3Rd Floor, Palm Spring Building, Above Croma, Next To Dmart, New Link Road, Malad West, P: 022- 65220923 to 65220926 / 65991230/3. HDFC Securities Limited , 5 Persian Cooperative Hsg Society, V P Road, Near B M C Bank, Andher West, P: 022-40068483 to 40068485; 022- 26255440 to
26255446. HDFC Securities Limited , A/2 Blossom Chs Ltd, K T Sony Marg, Mahavir Nagar, Near Gaurav Height Building, Kandivali West, P: 022- 29672873 to 29672877 ; 022- 40067548 to 40067555. HDFC Securities Limited , B 302, Kotia Nirman, Above Mercedeze Showroom, Opp Laxmi Industrial Estate, Near Fun Republic, New Link Road, Andheri West P: 022-40068557/59/53 ; 022-26731485/82/83. HDFC Securities Limited , First Floor, Sonavala Building, Opp Bse Building, Fort, P: 022-67496901 to
67496920. HDFC Securities Limited , Minarva Chembers, Ground Floor, Next To Aamtran Hotel Opp Mehul Cinema, Mulund West, P: 022- 67343600 to 67343608. HDFC Securities Limited , Office No 215, Sanghavi Square Mall, M G Road, Ghatkopar West,P: 022- 25021878 to 25021880. HDFC Securities Limited,PG-2, Routunda Building, Mumbai Samachar Marg, Fort, P: 022-66224600 to 66224621. MUZAFFARPUR: HDFC Securities Limited, 2nd Floor, Vikas Bhavan, Near Orient Club, Amgola Road, P:
0621-2265591 to 99. MYSORE: HDFC Securities Limited, No 2951/A,Ground Fllor Kalidasa Road V V Mohalla, P: 0821-2500067. NAGPUR: HDFC Securities Ltd, 125 Shreeram -Shyam Tower, S.V Patel marg, Kingfway civil line, P: 0712-6637926/27/28/29/30. NASIK: HDFC Securities Ltd, 2nd floor,Vastushree No 3, Thatte Nagar, Gangapur Road, P: 0253- 6610585/86/87. NAVI MUMBAI: HDFC Securities Limited , Office No 613, 6Th Floor, Arenja Corner Co-Op Society Ltd, Plot No 71, Sector 17, P: 022-
66098270 to 66098279 ; 27889755 to 27889762. NELLORE: HDFC Securities Ltd,No: 17/126, Gvr Enclave, Above HDFC Bank,Trunk Road, P: 0861- 2330700 / 01 /02 / 03 / 04. NOIDA: HDFC Securities Ltd, Office No. 111, 1st Floor,Ocean Plaza Building,Commercial Plot No. P-5, Sector 18, P: 0120-4030930. PANJIM: HDFC Securities Ltd, 18 june Road, 4th floor, Minium Residency, Above HDFC Bank, P: 0832-6632802/3/4/5. PATIALA : HDFC Securities Ltd,5 C, Baradari, Near CMO residence, P: 0175-
2305528. PATNA: HDFC Securities Limited, 405, 4th Floor, Grand Plaza, Frazer Road, P: 0612-2216422 to 27. PONDICHERRY: HDFC Securities Ltd.,17 A, Sri Velayutham Complex, 2Nd Floor, Natesan Nagar, P: 0413-2205471. PUNE: HDFC Securities Ltd, 810/B Netrali Appt,.2nd floor, law college road, Shivaji nagar, P: 020-25663567/68/69/70, 41200066/67/68/69/70/71/72/73. HDFC Securities Ltd, Office no.123- 27/28/29 2nd floor, Above HDFC Bank, Kamlacross Road, Opp PCMC building, P: 020-27425892/
3/4/5/6/7. HDFC Securities Ltd, Office No.39, 1st floor lotus court, Above kaka halwai, Pune satara road, P: 020-24230220/21/39/42/43. RAIPUR: HDFC Securities Limited, 2nd Floor, Pujari Chambers, Block-B1, Near Pachpedi Naka, Dhamtari Road, P: 0771-2274200/2272288/2272266. RAJAHMUNDRY: HDFC Securities Ltd, 46-17-20, Ground floor, Kilari Complex, Danavaipeta, P: 0883-2435691. RAJKOT: 6th floor, Panchratna Bldg, Opp. Alfred School, Jawahar Road, P: 0281-2232181-82 & 6643800-01-
02-03. RANCHI: HDFC Securities Limited, Ground Floor, Rohini Apartment, 56 Circular Road, Lalpur, P: 0651-2561481 to 88. ROHTAK : HDFC Securities Ltd, Shop no. 94, 1st floor, ward no 25, Adjecent HDFC Bank, Main Delhi Road, P: 01262-211078. ROURKELA: HDFC Securities Limited, Ground Floor, Hotel Nidhi Complex, Power House Road, P: 0661-2500840 to 43. SALEM: HDFC Securities Ltd, Sri Arun Plasa, New No 6,Old No 248/250, 1st Floor,2nd Agraharam P: 04272265313/14/15/16/17.
SANGAMNER: HDFC Securities ltd A/8 Kuber Sankul, Opp HDFC Bank, Link Road, P: 02425-228404 220691 228405 225405. SECUNDERABAD: HDFC Securities Ltd.,2nd floor, Usha Kiran Complex, Sarojini devi road, P: 040 42032032-40. SHILLONG: HDFC Securities Limited, R. P. G. Complex, 1St Floor, Keating Road,Near Goenka Engineering, Meghalaya P: 0364-2500396 / 397 . SILIGURI: HDFC Securities Limited, Ground Floor, Kelsons Complex, 157 Sevoke Road, P: 0353-2640073 to 79. SURAT:
Office no. 708 & 709, 7th floor, Kashi Plaza, Near Children Hospital, Manjura Gate, P: 0261-4004604-05-06 & 6648901-02-03-04. THANE: HDFC Securities Limited , Shop No 116, 1St Floor, Oswal Paradise Building No 8, Mira Bhayander Road, Mira Road East, P: 022- 28550844 to 28550852. HDFC Securities Limited , Shop No 3 & 4, Ground Floor, Ashok Apartment, Opp Naupada Police Station, Thane West, P: 022- 66098110 to 66098114 ; 022- 671200622/25/26. THRISSUR: HDFC Securities Limited, 3
rd floor,Trichur trade center,Room no. 25/1502/ 6/3A ,Kuruppam Road, P: 0487-2425712-17. TRICHY: HDFC Securities Ltd, PLA,Kanagu Towers,No:11,11th Cross,Thillai Nagar Main Road, P: 0431-2742574-83. TRIVANDRUM: HDFC Securities Limited,Second floor,Karimpanal Arcade, East Fort, P: 0471 -4466091-94. UDAIPUR: Plot No. 8 & 9, Vivek Chambers, 2nd Floor, Durga Nursury Road, Opp. Sukhadia Samadhi Park, P: 0294-5101701-02-03-04-05-06. VAPI: Upper Ground Floor, Emperor Tower, Opp
SBPP Bank, Vapi Daman Road Chala, P: 0260-6455501-02-03-04-05. VARANASI: HDFC Securities Ltd, D 64/127,C-H,3rd Floor,Arihant Complex Sigra, P: 0542-3051000. VELLORE: HDFC Securities Ltd.,The Habitat, Ground floor, No. 3, First East Main Rd, Opp. Odai Pillaiyar Kovil, Gandhi nagar, P: 0416-2240812. VIJAYAWADA: HDFC Securities Limited, Valluri Complex, 40-1-48/2 M.G.Road, P: 0866-2498029/39/49/59/69. VIZAG: HDFC Securities Limited, 104, 1st Floor, Ram’s Plaza, 2nd Lane Dwaraka
Nagar, P: 0891-2796623. WARANGAL: HDFC Securities Ltd.,2nd floor, Mitra Lakshmi Narayana Arcade, Shop no: 1-8, 2-5-83/84, Nakkalgutta, P: 0870 2573900-909.
IDBI CAPITAL MARKET SERVICES LIMITED
AHMEDABAD: IDBI Capital Market Services Ltd.314, 3rd Floor Crystal Arcade, Beside BSNL Office, Near Girish Coldrink, CG Rd, P: 079-30989541/42. ALLAHABAD: IDBI Capital Market Services Ltd. C/o Prakash Gupta & Shweta Gupta, 245 G/ 17 A Gokul Avas Jayanti Pur, Preetam Nagar P: 0532-3255984 BaNGALORE: IDBI Capital Market Services Ltd. No-63, Right Wing, 1st Floor, K.H. Road, (DoubleRoad), Opp. BMRTC Big Bazaar, Above Vodaphone Store, P: 080-32916109/32916111.BHAVNAGAR:IDBI
Capital Market Services Ltd.108, 1st Floor, Shopper’s point Parimal Chowk, Waghwadi Road, P: 0278-2561062/3/4/5/6 BHOPAL: IDBI Capital Market Services Ltd, Harisons House”, upper ground floor” 6 Malviya Nagar, P: 0755 -2760010/3255480 BHUBANESHWAR: IDBI Capital Market Services Ltd, IDBI House, Janpath, Unit IX, P: 0674-3208801/ 2/30674-2545447 CHADIGARH: IDBI Capital Market Services Ltd. SCO-86, Ist Floor, sector-44 C, P: 0172-3242449/3244416 CHENNAI: IDBI Capital Market
Services Ltd. Flat No: D, 1st Floor, Deve Regency, No:6/11, 1st Main Road, Gandhi Nagar, Adyar, P: 044-32935830/32935834 COCHIN(KOCHI): IDBI Capital Market Services Ltd. 2 Floor, Pavana House, K.P.Vallon Road, Kasvanthra, P: 0484-3210710/3210712/0484-4012159 COIMBATORE: IDBI Capital Market Services Ltd. 2nd Floor, 16, Sathya Moorthy Road, Opp, Ayyapaseva Sangam, Ramnagar, P: 0422-3208226/3208228 GHAZIABAD:IDBI Capital Market Services Ltd. C-78, 2nd Fl. R.D. C. Raj Nagar,
P: 0120-4107608, 4107609, 4373748 GUWAHATI : IDBI Capital Market Services Ltd, C/o IDBI Ltd., IDBI House, 4th Floor, North Eastern Zonal Office, G.S. Road, P: 0361-2464327/2450708 IDBI Capital Market Services Ltd. C/o Biplab Dey-Bp-I-503, Above Reliance Customer Care, Dewan Market, MRD Road, Anuradha, Bamunimaidan, P: 0361-2651324. HYDERABAD: IDBI Capital Market Services Ltd. C/o IDBI Ltd., 3rd, Floor, IDBI House, D.No. 5-9-89/1&2, Chapel Road, P.B.No.370, P: 040-32940733/
32970820/32975558/32972283. INDORE: IDBI Capital Market Services Ltd, Plot No. 11A/A, 1st Scheme No.54, Opp. Satya Sai School, Vijay Nagar, A. B.Road, 452010, P: 0731-3254889/2554228/2554229 JAIPUR: IDBI Capital Market Services Ltd, 314 3rd floor ganpati plaza, M.I. Road, P: 0141-3208276/3208274/2389439 KANPUR: IDBI Capital Market Services Ltd. Cabin No.604/605, 6th Floor, Krishna Tower, 15/63 Civil Lines, P: 0512-2302667, 2302665 KOLKATA: IDBI Capital Market Services Ltd, Suite
No 2B, 228A, AJC Bose Rd, 2ND Floor, Landmark Building, Minto Park, P: 033-32502896/22892771 LUCKNOW: IDBI Capital Market Services Ltd. 1st Floor, Halwasiya House, 11 M.G.Marg, P: 0522-3250987/3251019 MANGALORE: IDBI Capital Market Services Ltd. 1st Floor, Bridge Square, Balmetta Road, P: 0824-2444952/3250995/ 4278032/2440578. MUMBAI: IDBI Capital Market Services Ltd. 5th Floor, Mafatlal Centre, Nariman Point, P: 022-43221212; IDBI Capital Market Services Ltd, Shop No-8,
Thacker tower premises co-op society ltd, plot no -86, sector- 17, Vashi, P: 022-27893262 32002981/32005449.IDBI Capital Market Services Ltd, Unit D, Gulab Dutt, Plot No 30, D. K. Sandu Marg, Opp Malhar Restaurant, Chembur, P: 022-32435680/ 5887/ 5713. IDBI Capital Market Services Ltd, Shop No B4, E Wing, Crystal Plaza, Opp Infinity Mall, Off New Link Road, Adarsh Nagar, Andheri (West) P: 022-26733179/42646918, 919 022-32468349/8346. IDBICapital Market Services Ltd, Atmaram Tower, Jambhali
Naka, Agari Lane, Thane (W)P: 022-25444441/ 32058120. MYSORE, IDBI Capital Market Services Ltd. C/O Bhaskar.K.V #847/A, Sri Krishna Bakery Building, 9th Main, New Kantharaj Urs Road, Kuvempunagar,P: 0821-4244663 NAGPUR:IDBI Capital Market Services Ltd. Unit No.104, Ashish Annex, Plot No. J – 13 A, W H C Road, Laxmi Nagar, P: 0712- 2230005/09 NEW DELHI:IDBI Capital Market Services Ltd, Office No-216A, 217-218 Second Floor, Vardhman Tower Preet Vihar P: 011-45654267, 42664324/
22457808 IDBI Capital Market Services Ltd. 114 1st floor, Aggarwal City Plaza, Plot No.17, Manglam palace, Rohini, Sector-3, P: 011-47640139/146/ 147, 011-32472133 IDBI Capital Market Services Ltd. C- 1/ 103-104, Ground Floor, Lajpat Nagar -1, P: 011-40580538 IDBI Capital Market Services Ltd, 1st Floor, Office No- 102, 9 Vishwa Sadan, Janakpuri District Centre, P: 011- 32047161, 62 NOIDA: IDBI Capital Market Services Ltd, SF-60, Second Floor, Block-K, Ansal Fortune Arcade, Sector-18, P: 0120-
32047161/32047162 PATNA: IDBI Capital Market Services Ltd., Patna Branch Office, 205, 2nd Floor, Grand Plaza, Fraser Road, P: 0612-3200687/3200727 PONDICHERRY, IDBI Capital Market Services Ltd. C/O Prabuanand Kalivardhan, 4/481 A, First Cross Street, Kalaivanar Nagar, Gorimedu, P: 0413-2279912 PUNE:IDBI Capital Market Services Ltd, Off No: 32/33, 2nd Floor, Building B, Wing C, Shrinath Plaza, Modern College, Shivagi Nagar, P: 020 2513249/32913133 /41200803 RAJKOT : IDBI Capital
Market Services Ltd. 1st floor, Ankur building, Dr. Radhakrishan Road, Near Moti Tanki, P: 0281 -3056091/3056092/3056093/3056094 IDBI Capital Market Services Ltd. C/O CMIT Wealth Management, Amishit House, Plot 10/A, Panchvati Society, SURAT: IDBI Capital Market Services Ltd.Unit No. 302, 3rd Floor, Meridian Tower, Nond No.2105-2106, Khatodara, Udhana Darwaja, Ring Road, P: 0261-3224936/3224938 TRIVANDRUM: IDBI Capital Market Services Ltd, T.C-15/1805, 1st Floor, Mahesh Estates,
Vazhuthacaud, Trivandrum, Kerala, P: 0471- 4018484/85/86 VADODARA:IDBI Capital Market Services Ltd., G/ 24 Concorde BId, R P Dutta Road, Near IDBI Bank, B/h IDBI Bank, Alkapuri, P: 0265-3201426 VARANASI: IDBI Capital Market Services Ltd.D58/12A-7, 3rd Floor, Above TVS showroom, Gandhinagar Figra, P: 0542-2222412 VISHAKAPATNAM: IDBI Capital Market Services Ltd. 10/1/44 3rd Floor, T.L.N. Complex, Opp IDBI Bk, Siripuram, P: 0891-3201715/3201716.
INTEGRATED SECURITIES LIMITED
AHMEDABAD : 21, Nirman, Gr. Floor, Behind Navrangpura Bus Stop, Navrangpura, 380 009. P: 26443289/26447825. LG 12/13/14, H. J. House, Opp. IBP Petrol Pump, Rambaugh, Maninagar P: 25450718/25463670. 203, Meghansh, 2nd Flr Opp. Oxford Towers, Gurukul Road, P: 29098883/27412129. B/14 Capital Commercial Centre,1st Floor,Near Sanyas Ashram, Ashram Road, 380009 P: 4007 1030/2657 6671. ANDHRA PRADESH : No. 5-10-197/A, G4, I Floor, Reliance Krishna Apts, Beside Kalanjali Bhavan,
Navad Pahad, Hill Fort Road, . P:23242375/23242472. 202,Second Floor, Karan Centre Sarojin Devi Road, 500 003 P: 27845605 /27816080. TC-1, 3rd Floor, Dwaraka Plaza, Main Road, Dwaraka Nagar, Vizag P: 2513606/2747020. D No. 29-13-29, Ist Floor, Kaleswara Rao Road, Near Dornakal X Roads, Besides Indian Bank, Suryaraopeta, P: 2472414/2470517. 6-9-15,9/1 Aurndelpet, 522002P: 2326624/2337809. Shop No. 27, Co-operative Bank Shopping Complex, Trunk Road, P: 2326297/ 2332040. 6-
14-7/1, Opp. Pala Varthakula Sangam, Achantavari St, T. Nagar, P: 2422120/2437533. LIG 7, 2-6-38, AP Housing Board, 100 Building Center, Srinagar, P: 2377258. C-15/16, Green Square Plaza, Vadderaju Complex, Near Petrol Pump, Opp: Public Garden, Hanmakonda, P: 2546

JM F NANC AL SERV CES PR VATE L M TED

KARVY STOCK BROK NG L M TED

2 INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED Continued on Page 3

 INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED : APPLICATION FORMS AVAILABLE AT FOLLOWING LOCATIONS
LEAD BROKERS
2232773, 2232774. HYDERABAD: Karvy Stock Broking Ltd, 15-6-464/470, 1st Floor, Salasar Complex, (Near Fish Market) Begum Bazar, (040) 23433100. Karvy Stock Broking Ltd, Sai Vikram Towers, 1st Floor, Kukatpally Main Road, Near Kukatpally Bus Stop, Kukatpally, (040) 23433137/119. Karvy Stock Broking Ltd, Building No.160 (Part) Opp: Mayfair Complex, Rasoolpura, S P Road, Secunderabad (040) 23433110 To 15. Karvy Stock Broking Ltd, 21 , Avenue 4, Street No.1, Banjara Hills, (040) 23312454/
23320251.Karvy Stock Broking Ltd, Block No 176, Opp. Chola Residency, Old Vasavi Nagar, Kharkana, (040) 23433166 -169 . INDORE: Karvy Stock Broking Ltd, 105, 106 & 107,D M Towers, 21/1, Race Cource Road, Near Janjeerwala Chowrah, (0731) 3014200 - 19. JAIPUR: Karvy Stock Broking Ltd, S-16/A, Land Mark, 3rd Floor, Opp Jai Club, Mahaveer Marg, C Scheme, (0141) 2378703/604/605/2363321. JALANDHAR: Karvy Stock Broking Ltd, Prime Tower, Lower Ground Floor Off.no.3, Plot No 28,
G T Road, (0181) 4634401 - 14. JALGOAN: Karvy Stock Broking Ltd, Laxminarayan Plaza, 148, Navipeth, Opp. Vijaya Bank, (0257) 2227432 /2223671/ 2237431/2226761. JAMMU: Karvy Stock Broking Ltd, 1st Floor, 29 D/C, Near Services Selection Board, Gandhinagar, (0191) 9906297556,9906296948 & 9906296475 . JAMNAGAR: Karvy Stock Broking Ltd, G-12 & 108 Madhav Plaza, Opp: Sbs Bank, Near Lal Bungalow, (0288) 2556520 /2556260/2556420. JAMSHEDPUR: Karvy Stock Broking Ltd, 2nd
Floor, Kanchan Towers, , 3 Sb Shop Area, Main Road, Bistupur, (0657) 2487020, 2487045, 2487048. JHANSI: Karvy Stock Broking Ltd, 371/01, Narayana Plaza, Jeevan Shah Crossing, Opp Telephone Exchange, Gwalior Road, (0517) 2333682 - 85, 2332141. JODHPUR : Karvy Stock Broking Ltd, 203, Modi Arcade, Chopasni Road, (0291) 5103026/5103046. JUNAGADH: Karvy Stock Broking Ltd, 124 - 125, Punit Shopping Centre, M G Road, Ranavav Chowk, (0285) 2624140/2624154. KAKINADA: Karvy
Stock Broking Ltd, 13-1-46, I Floor, Sri Deepthi Towers, Icici Bank Complex, Main Road, (0884) 2387382/2387383/2387381/3293518. KANPUR: Karvy Stock Broking Ltd, 15/46, Civil Lines, Near Muir Mills, Stock Exchange Road, (0512) 2330127, 2331445, 2333395,96. Karvy Stock Broking Ltd, 81/4, Block No. 9, Govindnagar, (0512) 329600. KOCHI: Karvy Stock Broking Ltd, G 39, Panampilly Nagar, (0484) 2310884 (D)/2322152/2312098/2320431. Karvy Stock Broking Ltd, Room No Xix/135 (16) 1st Floor,
“Noor Point”, Opp. Federal Towers, Bank Junction, (0484) 3202627/ 637/3204811/2629691. Karvy Stock Broking Ltd, 7/462, B 5trans Avenue, Near Ekm Dist Coop Bank Head Quarters, Kakanad, Ernakulam (0484) 2423191/3949087. Karvy Stock Broking Ltd, D. No. 6/0290, Opp: Hazi Essa School, Gujarathi Road, Mattancherry (0484) 2211229/2211225/2223243 . Karvy Stock Broking Ltd, 1st Floor, Pindys Complex, Xx/773, Market Junction, (0484) 2777330/3571041. KOLHAPUR: Karvy Stock Broking Ltd,
Omkar Plaza” Shop No. F2 & F4, 1st Floor, Rajaram Road, Near Icici Bank, (0231) 2520650, 2520655. KOLKATA: Karvy Stock Broking Ltd, 19, R N Mukherjee Road, 2nd Floor, Dalhousie (033) 22437863 - 69/90/89/22303375. Karvy Stock Broking Ltd, Ad-60, Sector - 1, Salt Lake, (033) 23210461 - 64/0587/23344140. Karvy Stock Broking Ltd, 49, Jatin Das Road, Near Deshpriya Park, (033) 24634787 - 89/24647231/32/4891/24650308. Karvy Stock Broking Ltd, P-335, Cit Scheme No. Vi M, (033) 23648927
; 23628486. KOTA: Karvy Stock Broking Ltd, 29, Shopping Centre, 1 Floor, Near Lala Lapatrai Circle, (0744) 2365145/146/144. KOTTAYAM: Karvy Stock Broking Ltd, 1st Floor, Csi Ascension Square, Collectorate P.O, (0481) 2302420-21. LUCKNOW: Karvy Stock Broking Ltd, K S M Tower, Cp 1, , Sinder Dump, Alambagh, (0522) 2453168/158/176. Karvy Stock Broking Ltd, 24, Usha Sadan, Prem Nagar, Ashok Marg, (0522) 3213183,. Karvy Stock Broking Ltd, Tej Krishan Plaza, 313/9, Khun Khunji Road,
Chowk, 226 003, (0522) 2258454/455/456. Karvy Stock Broking Ltd, 94, Mahatma Gandhi Marg, Opp: Governor House, Hazratganj, (0522) 2236819-28, 3817001 (Rim) . LUDHIANA : Karvy Stock Broking Ltd, Ground Floor, Sco -3, Feroze Gandhi Market, (0161) 4680050 To 4680062 And 4680080. MADURAI : Karvy Stock Broking Ltd, 274, Goods Shed Street, (0452) 2350855 (D)/2350852 - 854 . Karvy Stock Broking Ltd, Rakesh Towers, Opp Murugappa Motors, No.30, By Pass Road, (0452) 2600851 -
855. Karvy Stock Broking Ltd, Plot No 654 - 80 Feet Road, Next To Lakshmi Arasu Kalyana Mandapam, K K Nagar, (0452) 5391700/600/2523109/ 2530731. MANGALORE: Karvy Stock Broking Ltd, Mahendra Arcade, Ground Floor, No.4-6-577/21/22, Kodial Bail, (0824) 2492302, 2496332, 2492901. MEERUT: Karvy Stock Broking Ltd, 1st Floor, Medi Centre, Opp Eves Centre, Hapur Road Near Bachha Park, (0121) 2520068. MEHSANA: Karvy Stock Broking Ltd, Ul 47, Apollo Enclave, Opp Simdhear Temple,
Modhera Cross Road , (2762) 242950. MORADABAD: Karvy Stock Broking Ltd, Om Arcade, First Floor, Parkar Road, Above Syndicate Bank, Taari Khana Chowk, (0591) 2310470, 2320470. MUMBAI: Karvy Stock Broking Ltd, Jeevan Udyog Building, 2nd Floor, D N Road, Fort, (022) 22062077, 2087, 2051, 2023. Karvy Stock Broking Ltd, 29, Patel Shopping Centre, Wst Floor, Opp. Foodland Restaurant Sainath Road, Malad (West) (022) 28824241/28828281/28895159/28891077. Karvy Stock Broking Ltd,
B-153, Vashi Plaza, Sector 17, Vashi, (022) 67912087, 67912168, 67912169. Karvy Stock Broking Ltd, 7, Andheri Industrial Estate, Off: Veera Desai Road, Andheri (West) (022) 26730799/843/311/867/153/292. Karvy Stock Broking Ltd, 101 Sapna Building, Above Idbi Bank, S K Bhole Marg, Dadar West, (022) 24329763, 24322158, 24324378, 24329738, 24324662. MUMBAI - FORT (TRANSWORLD): Karvy Stock Broking Ltd, 16/26, 16/22, Transworld, Maharashtra Chambers Of, Commerce Lane, Opp Mcs
Bank, Fort, (022) 22819709 - 11/22819721 - 24/66331134/22021705/22021706. MUMBAI - THANE: Karvy Stock Broking Ltd, 103, 1st Floor, Jeevan Chaya Bldg., , Ram Maruti Road, Naupada , Thane (West) (022) 25446124/25446121. MYSORE: Karvy Stock Broking Ltd, L-350, Silver Tower, 1st Floor, Ashoka Road, Opp: Clock Tower, (0821) 2524292, 2524294. NADIAD: Karvy Stock Broking Ltd, 104-105, City Point, Near Paras Cinema, (0268) 2563210/2563245/2563248. NAGPUR : Karvy Stock Broking
Ltd, 230-231, 3rd Floor, Shriram Shyam Towers, Next To Niit Building, Sardar, Kingsway, (0712) 6614146/6614145. NANDED: Karvy Stock Broking Ltd, Shop No.1, 2, 3 & 4, First Floor, Opp: Bank Of India, Santkrupa Market, Gurudwara Road, (02462) 325885, 247885. NASIK: Karvy Stock Broking Ltd, F1, Suyojit Sankul Sharanpur Road, Near Rajiv Gandhi Bhavan, (0253) 6602542/6602543 /6602544. NAVSARI: Karvy Stock Broking Ltd, 1st Floor, Chinmay Arcade, Opp: Sattapir, Sayaji Road, (02637) 280362,
280363, 280364. NEW DELHI: Karvy Stock Broking Ltd, 23, Shivaji Marg, Motinagar, (011) 45436371 /41428630 /41428562 /259288505. Karvy Stock Broking Ltd, 301, Vishal Bhavan, 95, Nehru Place, (011) 26447065/26447066/41617868. Karvy Stock Broking Ltd, 103, Savithri Sadan - I, , 11, Community Centre, Preet Vihar, (011) 22460978/22460952/22460940. Karvy Stock Broking Ltd, G-29, Ansal Chambers-1, Bhikaji Cama Place, (011) 41659719/47659722/41659723 . Karvy Stock Broking Ltd, 105-108,
Arunachal Building, 19, Barakhamba Road, Connaught lace, (011) 23324401/23324409/43509200. Karvy Stock Broking Ltd, B 2 Dd A Market, Shop No 50, First Floor, Paschim Vihar, (011) 25263901/25263903/42321024. NIZAMABAD: Karvy Stock Broking Ltd, H No. 4-9-55, 1st Floor, Uppala Rameshwara Complex, Jawahar Road, (O8462) 223956/223466/223756/223755 (D) . NOIDA: Karvy Stock Broking Ltd, 307, Jaipuria Plaza, D-68a, 2nd Floor, (Opp Delhi Public School) Sector 26, (0120) 2539271, 2539272.
PANIPATH: Karvy Stock Broking Ltd, 1st Floor, Krishna Tower, Above Amertex G T Road, (0180) 2644308 /2644376. PANJIM: Karvy Stock Broking Ltd, No.7 & 8, El. Dorado Plaza, Heliodoro Salgado Road, Panjim, (0832) 2426870, 2426871, 2426872. PATIALA: Karvy Stock Broking Ltd, Sco 27 D, Chhoti Baradari, (0175) 5051726/27/28. PATNA: Karvy Stock Broking Ltd, Anand Tower, 2nd Floor, Exhibition Road, Near Republic Hotel, Opp: Mithila Motors, (0612) 2321354/55/56/57. PONDICHERRY : Karvy
Stock Broking Ltd, First Floor, No.7, Thiayagaraja Street, 0413) 220636/2220640/2220633/2220644 . PUNE: Karvy Stock Broking Ltd, Off.no.6, 3rd Floor, Rachana Trade Estate, Law College Road, Sndt Circle, Cts No.105, Erandwane, (020) 66048790 (5 Lines)/91/92/93. PUNE: Karvy Stock Broking Ltd, Rameera Towers, 130/24,Pimprichinchwad, New Township Road, Tilak Road, Nigidi, (020) 27659116/115. Karvy Stock Broking Ltd, Shop No 2, Ground Floor, Sacred Heart Township, Wanowarie, (020) 56610451/
56610452/56610453/26850842. RAIPUR: Karvy Stock Broking Ltd, 02& 03, Lower Level, Millennium Plaza, Ground Floor, Behind Indian Coffee House, G E Road, (0771) 2236694-96, 6450194. RAJKOT: Karvy Stock Broking Ltd, 102-103, Siddhi Vinayak Complex, Yagnik Road, (0281) 3291043, 3291042, 2239338. RAJPURA: Karvy Stock Broking Ltd, 13 Block A, First Floor, Caliber Market, Chandigarh Patila Road, (01762 ) 523490/491. RANCHI: Karvy Stock Broking Ltd, “Commerce Towers”, 3rd Floor, Beside
Mahabir Towers Main Road, (0651) 2330386, 2330394, 2330320. SALEM: Karvy Stock Broking Ltd, 40, Brindavan Road, Near Perumal Koil, Fair Lands, (0427) 2335700/2335705/2335701 - 704 . Karvy Stock Broking Ltd, First Floor, Old 17, New 49, 50 Fort Main Road, (0427) 2210835/836/983. SHILLONG: Karvy Stock Broking Ltd, Mani Bhawan Annexe, Ground Floor, Opp. R K M Elp School, Lower Police Bazar, (0364) 2224175/4186/8172. SHIMLA: Karvy Stock Broking Ltd, Triveni Building, By Pass Chowk,
Khallini, (0177) 2624453. SILIGURI: Karvy Stock Broking Ltd, Nanak Complex, 2nd Floor, Sevoke Road, (0353) 2526393, 2526394, 2526395, 2526396, 2526397, 2526399. SURAT : Karvy Stock Broking Ltd, GF-16, Empire State Building, Nr.udhana Darwaja, Ring Road, (0261) 3017151 - 55. TRICHY: Karvy Stock Broking Ltd, Sri Krishna Arcade, 1st Floor, No.60, Thennur High Road, Thennur, (0431) 2791322/2798200/2793799/2793800 2791000 . TRIVANDRUM: Karvy Stock Broking Ltd, 2nd Floor, Akshaya
Towers, Sasthamangalam, (0471) 2725987, 2725989 - 991. UDAIPUR: Karvy Stock Broking Ltd, 201-202, Madhav Chambers, Opp.gpo, Madhuban Chetak Circle, (0294) 5101601/602/603. VADODARA: Karvy Stock Broking Ltd, C-1/2/3, Jalanand Township, Nr. Undera Jakat Naka, Gorwa, (0265) 3259060, 3240300. Karvy Stock Broking Ltd, Sb 3, Amrapaali Complex, Near Muktanand, Water Tank Road, Karelibaug (0265) 3950628, 3951011. Karvy Stock Broking Ltd, Ff11-12, Rutukalash , Tulasidham Char
Rasta, Manjalpur, (0265) 9725055783/9725010695/96. Karvy Stock Broking Ltd, Gf-11/12, Alian Complex, Nr Devdeep Complex, Nizampura, (0265) 3209888/ 9725395222/9725396222. Karvy Stock Broking Ltd, T-2, 3rd Floor “Savoy” Complex, Haribhakti Extn, Opp. Abs Tower, Old Padra Road, (0265) 6456183/6456186/6456187. Karvy Stock Broking Ltd, 38, Payal Complex, Near Vadodara Stock Exch, Sayajigunj, (0265) 2225168/169, 2361514/2225220. Karvy Stock Broking Ltd, Ff4, Chanakya Complex,
, High Tension Char Rasta, Subhanpura, (0265) 3259056, 3244634. VALSAD: Karvy Stock Broking Ltd, 2, Phiroza Corner, Next Showroom Cross Road, (02632) 326901, 326902. VAPI: Karvy Stock Broking Ltd, Shop No.5, Bhikhaji Regency, Opp: Dcb Bank, Vapi-silvassa Road, (0260) 3206404. 3205955, 3293480. 2423218. VARANASI: Karvy Stock Broking Ltd, D 64/132, Ka, 1st Floor, “Anant Complex”, Sigra, (0542) 2225365/2223814. Karvy Stock Broking Ltd, Shop N. 2-3, Gyan Mandal, Plaza Maidgin,
(0542) 2225365/2223814. VIJAYAWADA: Karvy Stock Broking Ltd, 39-10-7, Opp: Municipal Water Tank, Labbipet, (0866) 2495200/400/500/600/700/800. VISHAKAPATNAM: Karvy Stock Broking Ltd, 47-14-4, Eswar Paradise, Dwaraka Nagar Main Road, (0891) 2752915 To 18.
KOTAK SECURITIES LIMITED
AGRA: Kotak Securities Limited, 2/220, Glory Plaza, Suer Sadan Crossing, M.G Road.P:5538760; AHMEDABAD: Kotak Securities Limited, 207, 2nd Floor, Sakar-II, Ellisbridge Corner, Ashram Road.P:26587276; Kotak Securities Limited, 201/A, Amruta Arcade, Nr Maninagar, Char Rasta, Nr Rasna Restaurant, Maninagar; Kotak Securities Limited, B/104, 1st Floor, Premium House, Opp Gandhigram Rly Stn.P:26579567; Kotak Securities Limited, B-46, Kamdhenu Complex, Opp.Sahajanand College, Panjara
Pole, Ambawadi.P:26308035; ALLAHABAD: Kotak Securities Limited, M-4, Mezzanine Floor, LDA Center, 2, Sardar Patel Marg, Civil Line.P:2561451; AMBALA: Kotak Securities Limited, Plot Nos.4307/12-14; Second Floor; Shanti Complex; Main Jagadhari Road; AMRITSAR: Kotak Securities Limited, Unit No.FUF-7, Central Mall, 32, Mall Road; ANAND: Kotak Securities Limited, 3rd Floor, “Sanket”, Near Grid.P:2573311; AURANGABAD: Kotak Securities Limited, Kandi Tower, CTC No 12995, Jalna
Rd.P:9923798392; BANGALORE: Kotak Securities Limited, # 68/150/4,9TH Main Road, Jayanagar 3rd Block,Opp Cradle Hospital. P: 66371800; Kotak Securities Limited, ‘Umiya Landmark’–II Flr, No:10/7 -Lavelle Rd.P: 66203601; Kotak Securities Limited, 420, Bluemoon Icon, 20th Main, 6th Cross, 6th Block, Koramangala.P:51308031; Kotak Securities Limited, no 201, soundrya sampige complex, Sampige Road, No 412, 8th Cross, Malleswaram. Ph: 9900133758; Kotak Securities Limited, No 119, 2nd floor,
Radhakrishna Sadana, Gandhi Bazar, Main Road.P:55128515; Kotak Securities Limited, No.173, 6th cross, 2nd Floor,Above Central Bank of India; Kotak Securities Limited, No.487/1- C M H Road, Above Indian Overseas Bank, Indra Nagar-1 St Stage, P: 9833283543; BELGAUM: Kotak Securities Limited, 3rd Floor, Takke Building, Club Road.P: 5206654; BHARUCH: Kotak Securities Limited, 235-236, Harihar Complex, Zadeshwar Road.P:570569; BHILAI: Kotak Securities Limited, ROOM NO -1, 2nd FLOOR,
CHOUHAN ESTATE, G.E.ROAD, SUPELA, Tel : 6450460.BHOPAL: Kotak Securities Limited, Third Floor, Alankar Palace, 10-11, MP Nagar, Zone 2.P:5248133; BHUBANESHWAR: Kotak Securities Limited, Plot No – 24, 2nd Flr, SCR, Nr Bazaar Kolkata, Bapuji Nagar, Janpath.P: 2597871; CHANDIGARH: Kotak Securities Limited, SCO-14-15, 2nd Floor, Madhya Marg, Sector-8C.P: 5065301; CHENNAI: Kotak Securities Limited, Door No 46, Sir C.P.Ramasamy Iyer Road, Abhiramapuram, Alwarpet.P:24998368;
Kotak Securities Limited, Door No.AC- 7, Second Avenue, Anna Nagar.P:26213279; Kotak Securities Limited, GRR Business Center, No.21, Vaidyaraman Street, T Nagar.P:24303100; Kotak Securities Limited, No.23, General Muthaiah Mudali Street, Sowcarpet.P:42763712; KOCHI: Kotak Securities Limited, 40/1400, 11th Floor, Ensign Enclave, Jos Junction, M.G. Road.P: 2377386; COIMBATORE: Kotak Securities Limited, 1st Floor, Red rose chamber, 1437,Trichy road.P: 6699666; DEHRADUN: Kotak Securities
Limited, 1st Floor, Swaraj Complex, 72, Rajpur Road, Opp Hotel Madhuban.P: 2745870; DHANBAD: Kotak Securities Limited, Commerce House II, Sastri Nagar, Near ICICI Bank, Tel :3294319. GHAZIABAD: Kotak Securities Limited, Office No.8, Plot No. VC-1, Sector-3, Vaishali.P: 4563190; PANAJI: Kotak Securities Limited, 2ND Floor,Gurusai Plaza,Isidoria Baptista Road,P: 6624833; GORAKHPUR: Kotak Securities Limited, 13-A,Mangalam Tower; Civil Lines,Golghar; GUNTUR: Kotak Securities Limited,
Diamond plaza, 2nd Floor , 6th Lane, Arundelpet main Road.P: 6680991; GURGAON: Kotak Securities Limited, O-107, Shopping Mall, Arjun Nagar, DLF Phase-1.P: 5050551; GUWAHATI: Kotak Securities Limited, Akshay Tower , 4th Floor, Opp. Rupayan Arcade, Fancy Bazar, S.S. Road.P: 2732243; HISSAR: Kotak Securities Limited, c/o Aashish AggarwalC/o TR Capital Ltd, First Floor, Ravee Arcade,95-97,Green Sqaure Market; HUBLI: Kotak Securities Limited, V A Kalburgi Complex, Ground floor, Besides
Vivekanand corner, Desai Cross, Deshpandenagar.P:2357512; HYDERABAD: Kotak Securities Limited, 9-1-777, 4th Flr, Beside ITC Bldg, S D Rd, (LANE Opp to DBR Diagnosis).P:65326394; INDORE: Kotak Securities Limited, 314, Citi Centre, 570, M.G. Road.P:2537336; JABALPUR: Kotak Securities Limited, Jain Tower, 3rd Floor, Ruseel Chowk.P: 4085850; JAIPUR: Kotak Securities Limited, 305-308, 3rd Floor, Green House, O-15,Ashok Marg, C-Scheme; Kotak Securities Limited, Second Floor; Shreenath
Tower; 46-47 Cosmo Colony; Amrapali Marg; Vaishali Nagar; JALLANDHAR: Kotak Securities Limited, 2nd Floor, 465, Lajpat Nagar Market; JAMMU: Kotak Securities Limited, 105 A, North Block, Bahu Plaza, Gandhi Nagar.P: 41033; JAMNAGAR: Kotak Securities Limited, 701, 5th Floor, City Point, Station Road, Near Town Hall.P: 5540355; JAMSHEDPUR: Kotak Securities Limited, Bharat Business Centre, Ho No.2, 2nd Flr, Rm No. 8, Ram Mandir AreaBistupur.P:3090856; JODHPUR: Kotak Securities Limited,
1st Floor, Gulab Bhawan, Chopasani Road.P: 5101956; KANPUR: Kotak Securities Limited, 312-315, 3rd Floor, 14/113, Kan Chambers, Civil Lines, Near UP Stock Exchange.P: 3018114; KOLKATTA: Kotak Securities Limited, Govind Bhavan, Ground Floor, 2, Biplabi Trilokya Maharaj Sarani(Brabourne Road).P: 2235 8105; KOTA: Kotak Securities Limited, D-8 First Floor, Shri Ram Complex, Opposite Multipurpose School, Gumanpura; LUCKNOW: Kotak Securities Limited, 1-2 Ground floor, Commerce House,
Habibullah Estate,11 M.G. Marg.P:3950119; Kotak Securities Limited, B-56-A; Third Floor; Near Star House; Vibhuti Khand; Gomti Nagar; Kotak Securities Limited, A-1; Ashish Palace,Sector E,Aliganj, P: 3232285; LUDHIANA: Kotak Securities Limited, SCO-122, 2nd Floor, Firoz Gandhi Market.P: 5047214; MADURAI: Kotak Securities Limited, Shop A First Floor, KRV Arcade, AR PLAZA 16 & 17, North velli Street.P: 2341225; MANGALORE: Kotak Securities Limited, No.4, 3rd Floor, The Trade Centre, Jyoti
Centre, Bunts Hostel Road, Near Jyoti Circle.P: 424180; MEERUT: Kotak Securities Limited, NITESH KUMAR GUPTA,shop no.205, 2nd floor,saraswati plaza;shivaji road;near n.a.s. college; Kotak Securities Limited, Saraswati plaza;shivaji road;near n.a.s. college; Kotak Securities Limited, Shop No. G – 33; Ground Floor; Ganga Plaza; Begum Bridge Road; MORADABAD: Kotak Securities Limited, 1st Floor, Pili Kothi, Avas Vikas Market, Civil Lines; MUMBAI: Kotak Securities Limited, 32, Gr Flr, Raja Bahadur
Compound, Opp Bank of Maharashtra, Fort.P:22655074; MYSORE: Kotak Securities Limited, No: 646 - Kiran Mansion - 2 nd Floor, Above Reliance Fresh, Chamaraja Double Road, Mysore: 570024, P: 4000861; NAGPUR: Kotak Securities Limited.,Plot no. 5, 3rd floor, Lotus Gorepeth Layout WHC Road , Dharampeth, P:. 6620278; NASHIK: Kotak Securities Limited, G-5, Suyojit Avdhoot Tower, Old Gangapur Naka, Gangapur Rd.P: 6609804; NEW DELHI: Kotak Securities Limited, U B – 30, Antriksh Bhawan,
K. G. Marg.P: 66313131; NOIDA: Kotak Securities Limited, 2nd Floor, Above Kotak Mahindra Bank, G-31-32, Atta Market, Sector-18.P: 4606911 PATIALA: Kotak Securities Limited, SCO-131, Second Floor, Cabin No-S-10, Chhoti Bardari.P: 56069304; PATNA: Kotak Securities Limited, Office No.7, Twin Tower Hathwa, South Gandhi Maidan.P: 2224620; PUNE: Kotak Securities Limited, 2 ND FLOOR, KUMAR BUSINESS CENTER,BUND GARDEN ROAD,OPP. BUND GRADEN,P: 66066129; RAIPUR: Kotak
securities Limited, Menzanine Fllor, Chawla Complex, Near Vanijya Bhawan,Devendra Nagar Road, P: 251555; RAJKOT: Kotak Securities Limited, Nath Complex, 2nd floor, Opp. Jilla Panchayat, Above Kotak Mahindra Bank, Yagnik Road.P:2459436; RANCHI: Kotak Securities Limited, Shop no. 24 & 25, 2nd Floor, A.C. Market, G.E.L. Church Complex, Main Road, P: 2200860. SALEM: Kotak Securities Limited, 5/241, F Rathna Arcade Five Road,Meyyanur.P: 2335476; SILIGURI: Kotak Securities Limited,
Nanak Complex, 2nd Floor, Sevok Road.P:2530322; SURAT: Kotak Securities Limited, Kotak House, K G Point, 1st Floor, Nr.Ganga Palace, Opp.IDBI Bank, Ghoddod Road.P: 5532333; TRICHY: Kotak Securities Limited, C-56,1-24-4th cross, Thillai Nagar.P: 2750710; TRIVANDRUM: Kotak Securities Limited, Mahesh Estates, 2nd Floor, T L -15/1805, Vazhuthacadu.P: 2337423; UDAIPUR: Kotak Securities Limited, 222/12, Ist Floor, Mumal Towers, Saheli Marg.P: 513901; VADODARA: Kotak Securities Limited,
216, Meghdhanush Complex, Race Course Road (South).P: 2314455; VARANASI: Kotak Securities Limited, Second Floor; S- 5/49 A; -1D Mahaveer Ji Road; Orderly Bazar; Kotak Securities Limited, 1st Floor, Arihant Complex, D-64\127-C\H, Sigra.P: 2227305; VIJAYAWADA: Kotak Securities Limited, 40-1-48/1, Labbipet, M.G.Road.P: 6649061; VISAKHAPATNAM: Kotak Securities Limited, Door No.47-10-15, VRC Complex , 2nd Floor, Railway Station Rd , Dwarka Nagar.P: 6642009.
NJ INDIA INVEST PRIVATE LIMITED
AGRA: S-4, Part-1, 2nd Floor, Kailash Plaza, Shah, Market, M G Road, P: 0562 3277488. AHMEDABAD : 808, Samedh Building, Near Associated Petrol Pump, Panchvati,CG Road,P: 079-32955922. LL, Shop No.11, 12, 13 and 14, HJ House, Besides Maninagar Police Station,Maninagar, P: 079-325274. 306, Sarvopari Mall, Opp.Utsav Party Plot, Nr.Bhuyangdev Octroi Naka, Sola Road, Naranpura, AJMER: 1st Floor, K.C. Complex, Near Sundaram Finance, Opp. Daulat Baug, P: 0145-3236446. ALLAHABAD:
Upper Ground Floor, Shop No. - 7, Vashishtha Vinayak Tower, Tashkant Marg, Near- ICICI Bank, Civil Lines, AMBALA: 1st Floor, Classic Complex, Nicholson Road, Cantt.-. AMRITSAR: 103, Sco-6, 1St Floor, Distt Shopping Complex,B-Block, Ranjit Avenue, . ANAND: Bf-11, Prarthna Vihar Complex,Anand-Vidyanagar Road, P: 02692-249433. AURANGABAD: F-11, Prarthna Vihar Complex, Anand Vidhyanagar Road, P: 0240-3201911. BANGALORE: #5, Gajendra Towers, 2nd Floor, 11th Main, 4th Block,
Jayanagar, P: 080-32450027, S-318, Manipal Center, S-Block, 47, Dickenson Road, P: 080-32942425, # 70, 2Nd Floor, Karthik Complex, Above Icici Atm, 17Th Cross, Margosa Road, BARAILY: 167-A, Civil Lines, Above Syndicate Bank, Station Road, , BARODA-FSI: 217-218, Sidharath Complex, Nr. Express Hotel, R.C Dutt Road, Alkapuri, . P: 0265-2337757/ 3244885. BHARUCH: 332-333, Aditya Complex, Kasak Circle, P: 02642-324339. BHAVNAGAR: 127, Sagar Complex, Near Jashonath Chowk, P:
0278- 3299844. BHILAI: Shop No.106, Sai Complex, 5/4, Nehrunagar Parisar, Nnhrunagar, BHOPAL: HIG-102,Vijay Stambh,Opp. Vishal Megamart, Zone-1,Mp Nagar, P: 0755 3296663. BHUBANESWAR: Plot No-1258, Chandan Villa,Road No-8, Unit-9, . BHUJ: 108, Shanti Chambers,New Station Road, P: 02832 325559. BILASPUR: 1st floor, Besides HDFC Bank, Above Katmoss Showroom, Link Road, P: 07752-327755. BURDWAN: Boronilpure More, G.T.Road (East), CHANDIGARH: 4th Floor, SCO
208-209, Sector 34-A, 160022, P: 0172-4560155. CHENNAI : Office # 1C, Ist Floor,Laxmi Bhavan,609, Mount Road,Nungambakkam, P: 044 32566180, No. 7-B2, 5th Floor,Gokul Arcade, No. 2, Sardar Patel Road, Near Standard Chartered Bank,Adyar, P: 044 32018907. COCHIN: 39/4422, 1st Floor, Thaukalan Chambers, SA Road, Near Medical Trust Hospital, Pallimukku Junction, P: 0484-3253939. COIMBATORE: Arpee Centre, Shop: 46 & 47, 320-N N.S.R Road, Saibaba Colony, DEHRADUN: 82, Cannought
Place, Behind Hind Leather Works,Chakrata Road, P: 1353249010. DURGAPUR: Plot No. 224/681, Secon Lane Road, Mahiskapur Plot, Benachity, P: 0343 3201515. ERODE: O/1, V C T V Road, Gowtham Tower, 2ndFloor,Backside of Lotus TVS, Sathy Road, P: 0424-3249188. FARIDABAD: SCF-73, 3rd Floor, Sector-15, Market, 121001. GANDHINAGAR: M-8, Suman Towers, Opp. Vijaya Bank, Sector - 11, 382011, 4E Block, P: 1543206554. GHAZIABAD: 206, 2Nd Floor, Sumedha Market Complex,Ansal
Building,Rdc, Rajnagar, P: 0120 3229336. GOA: 103, Manguirish Chamber, 18th June Road,Panji, P: 0832 3256700. GURGAON: 2nd Floor, SCO-16, Opp. Huda Office, Nr. Axis Bank,Sector – 14, P: 0124-3208813. GWALIOR: 1st Mazanine Floor, Panin Plaza,Shinde ki Chawani, Lashkar, P: 0751-930328312. HIMMATNAGAR: DFF-77/78, New Durga Bazar, Nr. Railway crossing, P: 02772 324456. HUBLI: Shop No 1,Sona Chambers (South Wing), 124 Club Road. . HYDERABAD: Shop No F4, 1st Floor,
Sreeman Rama Towers,Adj to Swagath Hotel, Chaitanyapuri Cross Road, Dilsukhnagar, P: 040 32481002, 307-W Navketan 62, S D Road ,Opp.Clock Tower, P: 040-32400078, Plot No.406, 4th Floor, V V Vintage, Rajbhavan Road, Somajiguda, INDORE: 113, Bansi Trade Centre, M.G.Raod, P: 0731 3294450. JABALPUR: 109, 1St Floor, Rajul Arcade, Russel Chowk, JAIPUR: M-3 (C), Sangam Tower, Church Road, M.I.Road, P: 0141-3220834. JALANDHAR: B-38, 1st Floor, Globe TVS Building, G.T.Road,Opp.
Bus-Stand, JAMNAGAR: 554-555, 5Th Floor, Indraprasth,Near Pancheshwartower, B/H Super Market, P: 0288-3292891. JAMSHEDPUR: 48, Second Floor, Kamani Center,Bistupur, P: 0657 3209606. JODHPUR: Gang Tower, Ground Floor, Chopasni Road, JUNAGADH: 208, Punit Shopping Center, Ranavav Chowk, M G Road, P: 0285-3290575. KANPUR: 507-509, 5Th Floor,No. 63/2 “City Centre”,The Mall, P: 0512 3209840. KOLHAPUR: F-06, 1St Floor, Vasant-Prabha Chambers,1125-E, Above Indusind
Bank, Major Satyajit Shinde Path, Near Parikh Pool, Sykes Extension, KOLKATA: Room No. 202 D, 2Nd Floor,Marlin Chamber,18, British India Street,Nr. Great Eastern Hotel, P: 033-32445600/5700. Ambika Vihar, 1/1 Hardutta Rai Chamaria Road, Block-B, Shop No-4, Golabari, Howrah,;. 1st Floor, Success Center, 8, Beckbagan Row, 700017. 1st Floor, 6 Southern Avenue, Rashbehari, P: 033-32445989. LUCKNOW: S- 201, 2nd Floor, Ski Hi Chambers,11/ 5, Park Road, Hazratganj,P: 0522-4041824/3250020.
LUDHIANA: 1St - A, Second Floor, Pearl Palace Ghumar Mandi, MEHSANA: 250-251, 2Nd Floor, Sardar Vyapar Sankul, Malgodawn Road, P: 02762-325562. MORADABAD: 10/11, 1st Floor, Chaddha Complex, GMD Road, MUMBAI: Flat No.201, A Wing, Vetex Vikas Chambers, Mv Road, Nr Andheri East, Andheri P: 022-32545280, A - Wing, 4th Floor, Bhumi Saraswati Building, Ganjawala Lane, Borivali (West), P: 022-32578468, G-3, Om Swati Manor Bldg Compound, Ground Floor, J K Sawant Marg, B/
h Cambridge Showroom, ; 22/28, Raja Bahadur Compound, Near CAMS, Mumbai Samachar Marg,, Fort, P: 022- 66100775/6/7, B 6/7, Satyan Shopping Centre,B Wing,M.G.Road,Ghatkopar (East), P: 022- 32425888, 203,2Nd Floor, Siddhi Vinayak,Sankul, Station Road,Near Shivaji Path,Oak Baug ,Kalyan (W) P: 022-3255717, B-1-2, Chandra Darshan, Pach Rasta Co-op Hsg Society, Purushottam Kheraj Road, Mulund (W), ; 2, Ground Floor, Meena Avenue,Vishnu Nagar, Naupada,Thane(W) P: 022-32424124,
614-615,4^th Floor, D-Wing,Vashi Plaza, Sector-17,P: MYSORE: #1037, 1st Floor, Devaparthiva Road, Off M.G.Road, B/w LAW Courts & RTO Office, Chamarajapuram, P: 0821-3200018. NADIAD: 203, City Point, Opp. Ipcowala Hall, Nr, Paras Cinema, College Road, P: 0268 3293228. NAGPUR: Shop No. Bs-1, Amarjyoti Palace,Wardha Road, Dhantoli,P: 0712 3200807. NASIK: 301, Padma Vishwa Apartment, 4th Floor,Old Pandit Colony,Sharanpur, P: 0253-3201446. NAVSARI: 214,Manohar Comlex,Opp-
Daboo Hospital,Fuvara Road, P: 02637-253782/325541. NEW DELHI : 717-720, Kirti Shikhar Tower, 11, District Centre, Janakpuri, P: 011- 32627300, 2E/24, Jhandewalan Extension, P: 011- 32566898. NOIDA: Office No.41, Ground Floor, Ansal Fortune Arcade,Near PNB ATM, K-Block, Sector-18, P: 0120-3106622. PALANPUR: 54 Ii Floor City Light Business Center, City Light Road, P: 02742 324848. PANCHKULA: 2nd Floor, Front Side, SCO-64, Sector-11, PANIPAT: 946/8, 2nd Floor, Classic Tower, Battakh
Chowk, Grand Trunk Road, P: 0180 3200214. PATAN: 43, 1St Floor, City Point Market, Opp. Kohinoor Cinema, Bus Station Road, P: 02766 326640, 6Th Floor Room No 606, Jagat Trade Center, Fraser Road PORBANDAR: Shop No. 6, First Floor,Shree Raj Complex,M.G. Road, P: 0286 3291166. PUNE: 2Nd Floor, Pongal,Above Datar Clinic,Behind Hotel “Panchavati Gaurav”,Off Bhandarkar Road,Nr.Deccan Gymkhana, Deccan, P: 020 32534699. Shop No. 10, BH Building, Kohinoor Housing Society, Tain
Squire, Behind Reliance Mart, Wanowarie, P: 020-32411101, 1St Floor, Raka Palace,Opp. Old Alpro Factory,Nr. Annapurna Office,Chinchwad, P: 9371157153. RAIPUR: 232, Second Floor, Rishabh Complex, M.G. Road, P: 0771-3250422. RAJAMUNDRY: 46-7-22, 1st Floor, Jetty Towers,Danavaipeta, P: 0883 3244440. RAJKOT: 401,Star Chambers, Harihar Chowk, P: 0281 3290809. RANCHI: F1-F2, 1st Floor, Amarnath Complex, Kailash Babu Street, Behind Daily Market Police Station, Daily Market, Main
Road, P: 0651-3244044. RATLAM: 734, Chatri Pool Road, Fatema Market, SAGAR: 1st Floor, F-8, Dwarkaji Complex,7, Civil Lines, SANGLI: 4th Floor, Shiv- Meridian, Azaad Chowk, Opposite Collector’s Bunglow, SURAT-FSI: NJ Fundz Network, 7th Floor Vishwakarma Arcade, Ring Road, Majuragate P: 3013957. TRICHY: 2Nd Floor, 86, Gp Raja Tower, Madurai Road,Bharathiar Salai, UDAIPUR: 303-Third Floor, Akruti Complex,New Fatehpura, Opp. St. Mary School, P: 0294-3204257. VALSAD: 6, 1St Floor,Ava
Bai Complex, Halar Road, P: 02632 320520. VAPI: 102, Bhanu Darshan Appt. Opp. Parth Complex, Gunjan, P: 0260 3255778. VARANASI: Shop No.20, 1St Floor, Abc Tower, Shastri Nagar Chowk, Sigra, VIJAYWADA: 40-5-2, Maruthi Towers, Gr.Floor, 3rd Flat, Tikkle Road, VISHAKHAPATNAM: 47-15-14/27, VRC Complex, Dwarakanagar, P: 0891 3260600.
RR EQUITY BROKERS (P) LIMITED
AHMEDABAD: RR Equity Brokers Pvt. Ltd. 401 - Abhijit Bldg.,Nr. Mithakali, Cross Rd., P: 079-26467260. BANGALORE: RR Equity Brokers Pvt. Ltd. S-111,Manipal Centre,47,Deckenson Road, P: 080-42477177. CHANDIGARH: RR Equity Brokers Pvt. Ltd. SCO-222-223,Gr. Floor,Sector-34A, P: 0172-2624896. CHENNAI: RR Equity Brokers Pvt. Ltd. 3rd Flr.,Precision Plaza,New #397, Old # 281, Teynampet, anna Salai, P: 044-42077370/71. DEHRADUN: RR Equity Brokers Pvt. Ltd. 56, 1st Floor, Rajpur
Road, P: 0135-3258181. FARIDABAD: RR Equity Brokers Pvt. Ltd. Shop No. 55, 1st Floor, Near Flyover,Neelam Chowk, P: 011-2427361. GHAZIABAD: RR Equity Brokers Pvt. Ltd. 114,Satyam Building,Rajnagar District Centre, P: 012-2823939. JAIPUR: RR Equity Brokers Pvt. Ltd. 7,Katewa Bhawan,Ganapati Plaza,MI Road, P: 0141-3235456/5113317. KOLKATA: RR Equity Brokers Pvt. Ltd. 704,Krishna Bldg.,224,AJC Bose Road, P: 033-22802963/30974687. LUCKNOW: RR Equity Brokers Pvt. Ltd. G-
32,Shriram Tower,13,Ashok Marg, P: 0522-2286518. MUMBAI: RR Equity Brokers Pvt. Ltd. 82/1,bombay Samachar Marg., Apollo House,Gr. Floor,Fort, P: 022-22886627/28. NEW DELHI: RR Equity Brokers Pvt. Ltd. 47, M.M. Road, Rani Jhansi Marg, Jhandewalan, P: 011-23636363/62. NOIDA: RR Equity Brokers Pvt. Ltd. P-5,Sector - 18, Noida, P: 0120-4336992. VADODARA: RR Equity Brokers Pvt. Ltd. 222,Dutta Road.,Alkapuri, P: 0265-3256190/2353095.
SHAREKHAN LIMITED
AGRA: Sharekhan Ltd. F-2, First Floor, Friends Trade Center, Nehru Nagar, Opp.Anjana Cinema, M.G.Marg, (U.P.), P: 0562 - 4032053/54/57/60. AHMEDABAD: Sharekhan Ltd. 201/202, Dynamic House, Near Vijay Cross Road, Navrangpura, P: 079 - 66060141 / 42 / 43 / 6606 0150. AHMEDNAGAR: Sharekhan Ltd. Shop No 1 & 2, Kaware Complex, Vasant Talkies Road, P: 0241-6611011 upto 20. ALLAHABAD: Sharekhan Ltd. 1st Floor, Shop No.14 & 15, Vashishti Vinayak Tower, Nr Yatrik Hotel, Tashkant
Marg, Civil Lines, P: 0532 - 2260 848/49/50/51/53/54. AMBALA: Sharekhan Ltd. 167/18, 1st Floor, Rai Market, P: 0171 - 6450284-85-86-87. AMRITSAR: Sharekhan Ltd. 5 Deep Complex, 1st floor, Opp Doaba Automobiles, Court Road, P: 0183 - 6451903 / 904 / 905. ANAND: Sharekhan Ltd. F/5, Prarthana Vihar Complex, 1st Floor, Near Panchal Hall, Vidyanagar Road, P: 02692 - 245615 to 16. AURANGABAD: Sharekhan Ltd. Mezanine floor, Abish tower, Baba Petrol Pump compound, Mahavir Chowk,
BANGALORE: Sharekhan Ltd. #2307, Swanlines Building, 12th Main Road, Jayanagar 3rd Block East, P: 080 - 42876666. Sharekhan Ltd. #2307, Swanlines Building, 12th Main Road, Jayanagar 3rd Block East, P: 080 - 42876666. Sharekhan Ltd. No. 311, 3rd Floor, 2nd Main, Between 15th and 16th Cross, Sampige Road, Malleswaram, P: 080-40894444 / 40894401 / 40894402. Sharekhan Ltd. 2nd Floor, Shop No. 5, Shopping Complex Road, Electronic City, P: 080 - 43226666, 43226602,43226603 & 65395261.
BAREILLY: Sharekhan Ltd. 148, Civil Lines, P: O581-2510922 /925. BARODA: Sharekhan Ltd. 6-8/12, Sakar Complex, 1st Floor, Opp ABS Tower, Haribhakti Extension, Old Padra Road, P: 0265 - 2322938. BHARUCH: Sharekhan Ltd. 221-227, 2nd Floor, Dream Land Plazza, Opp.Nagar Palika, Station Road, P: 02642 - 244998 / 99. BHAVNAGAR: Sharekhan Ltd. Gangotri Plaza, Plot No-8A, 3 rd Floor, Opp Dakshinamurti School, Waghawadi Road, P: 0278 - 2573938 / 2573939 / 2571333. BHILAI: Sharekhan
Ltd. 216, 1st Floor, Khichariya Complex, Nehru Nagar chowk, P: 0788 - 4075301/02/03/04/05/06/07/08/09/10. BHOPAL: Sharekhan Ltd. Shop No. 114,115 & 116, 1st Floor, Plot No. 2, Akansha Parisar, Zone-1, M.P. Nagar, P: 0755 - 4291600 / 4262200. BHUBANESHWAR: Sharekhan Ltd. A/B-2nd Floor, 501/1741, Centre Point, Unit No.3, Kharvel Nagar, P: 0674-6534373/ 6534374 /6534380/6534381/ 6534382/6534383 / 6450145. BOKARO: Sharekhan Ltd. B-10, City Center, Sector - 4, Bokaro Steel City P:.
CALICUT: Sharekhan Ltd. 3rd Floor, 6/1002 J, City Mall, Opp. YMCA, Kannur Road, P: 0495 - 6450324 / 2369379 / 4014060-63. CHANDIGARH: Sharekhan Ltd. SCO : 185, 1st Floor, Sector 38-C, P: 0172- 4643000/ 4643001/ 4647024. CHENNAI - CHETPET: Sharekhan Ltd. G-2, Salzburg Square, 107-Harrington Road, P: 044 - 28362800 / 2900 / 28363160 / 28362711 / 28363008. COIMBATORE: Sharekhan Ltd. Vigneswar Cresta, 2nd Block, 3rd Floor, 1095-Avinashi Road, P N Palayam, P: 0422 - 2243434
/ 2244282 / 2248252 / 43151999. DEHRADUN: Sharekhan Ltd. 75/8, Rajpur Road, Near Raj Plaza, Opposite Sbi Life Insurance, P: 0135 - 2740 190 / 91 / 92 / 93/ 94. DELHI : Sharekhan Ltd. 39, First Floor, Samyak Tower, Pusa Road, Near Metro Pillor No. 120, P: 011-45117000 / 47250666. Sharekhan Ltd. Bldg No. A-29, 2nd Floor, Near Rajouri Fly Over, Facing Ring Road,Rajouri Garden, P: 011-47250400. Sharekhan Ltd. E-20,Basant Lok Community Center,Vasant Vihar, P: 011-46084801 / 03 / 04 / 05 /
06. Sharekhan Ltd. 623 to 625,2nd Floor, Ward No-6, Old No -285, above Corporation Bank, Gandhi Katra, Chandni Chowk, P: 011 - 4587 4889 to 98. FARIDABAD: Sharekhan Ltd. SCF 56, 1st Floor, Near Rebock Showroom, Sector 15, Main Market, P: 0129 - 2220825 /26, 4127808, Direct 2220892. GANDHIDHAM: Sharekhan Ltd. Plot No 147, Sector 1A, Near Big Byte Resturant, P: 02836 -236621 / 236556. GHAZIABAD-VAISHALI: Sharekhan Ltd. F.F. 7A, Mahaluxmi Metro Tower, C-1/C-2, Sector-
4,GORAKHPUR: Sharekhan Ltd. Shop No :- F1, F2 ,F3, Narayan Tower, Gandhi Gali, Golghar , P: 0551 - 2205063-70 / 2205087/ 2205088. GUWAHATI: Sharekhan Ltd. Bhagwati Commercials, 2nd Floor, Sikaria Compound, Opp. Hotel Pragati Manor,Christianbasti, G S Road, P: 9957562519 / 9957562523 / 9957562531 / 9957562514(Direct). GWALIOR: Sharekhan Ltd. Portion No.3, 1st Floor, Parimal Complex, Opp.Kotchar Petrol Pump, Chetakpuri Square, Madhavrao Scindhia Marg, P: 751 - 4097500. HISAR:
Sharekhan Ltd. Shop no.3 Building No. 2040/18, Behind Elite Theatre, Near Vishvakarma Dharamshala, HYDERABAD: Sharekhan Ltd. 7-1-22/3/1-5/C, Afzia Towers, 1st Floor, Begumpet, P: 040 - 66827469-70 / 66780666/ 40203544 (D). INDORE: Sharekhan Ltd. 102-104, Darshan Mall, 15/2 Race Course Road, P: 0731 - 4205520 to 24. JAIPUR: Sharekhan Ltd. Flat No 401/402, 4th Floor, Green House, Ashok Marg, C-scheme, P: 0141- 4078000 / 01 / 02, 2378019 / 20. JALANDHAR: Sharekhan Ltd. 402
A, Building No. 35, Delta Chamber, 3rd Floor, GT Road, P: 01816-536410. JALGAON: Sharekhan Ltd. Ground Floor, Ramdayal Plaza, Near Kiran Tea, Navi Peth, P: 0257 - 2239461 - 64. JAMNAGAR: Sharekhan Ltd. 4/5, Avantika Commercial Complex, 2nd Floor, Limda Lane Corner, P: 0288 - 2676818 / 2671559 / 2554405 / 2510539. JAMSHEDPUR: Sharekhan Ltd. UG, 2&3 Shreeji Arcade, 76B, Pennar Road, Sakchi, P: 0657 - 2442000 / 01 / 02 / 03. JODHPUR: Sharekhan Ltd. A-3, 1st Floor, Olympic Tower,
Station Road, P: 0291 - 6450835 /836/804/805 /806 ; 3254659 /660 (D) 2635600. JUNAGADH: Sharekhan Ltd. 6/7/8, 2nd Floor, Raiji Nagar, Motibaug, Raod, P: 0285 - 2674020 / 21, 9724317883/4/5. KANPUR: Sharekhan Ltd. 515 & 516, Kan Chambers, 14/113, Civil Lines, P: 0512 - 2333 007 to 012. KOCHI: Sharekhan Ltd. Chicago Plaza, 1st Floor, Rajaji Road, P: 0484 - 2368411 / 12 / 13 / 2368440 / 2368443 / 2371381 / 2372360. KOLHAPUR: Sharekhan Ltd. Office No 5, 3rd Floor, Ayodha Tower, Bldg No
1,511/KH -1/2, E-Ward, Dabholkar Corner, Station Road, P: 0231 - 6687063 /64 /65 / 66 / 67 / 68 / 69 / 76. KOLKATA (ADVISORY- I): Sharekhan Ltd. Kankaria Estate,1st Floor, 6-Little Russell Street, P: 033 - 22830055/ 22805555/ 22837188/ 89 /91. Sharekhan Ltd. 111/95, Nachal Road, Benachity, Dist - Burdwan, Durgapur P: 0343-2588015,2588016. LUCKNOW: Sharekhan Ltd. 2/159, Vivek Khand, Gomti Nagar, P: 0522 - 4009832 to 33. LUDHIANA: Sharekhan Ltd. SCO-145, 1st Floor, Feroze Gandhi Market,
Near Ludhiana Stock Exchange, P: 0161-5023456, 0161-5015081-89. MADURAI: Sharekhan Ltd. Saran Centre A-2, 1st Floore, 19, Gokhale Road, Chinnachokikulam, P: 0452 – 4288888. MEERUT: Sharekhan Ltd. 105, Om Plaza, Begum Bridge Road, P: 0121 - 4028 355. MEHSANA: Sharekhan Ltd. 14-15, First Floor,Prabhu Complex,Above HDFC Bank, Near.Rajkamal Petrol Pump, Highway, P: 02762 - 248980 / 249012 / 248966 / 248974 / 248975 / 248963. MUMBAI : Sharekhan Ltd. A/206, Phoenix House,
2nd Floor, Senapati Bapat Marg, Lower Parel, P: 022 - 6618 9300 / 67482000. Sharekhan Ltd. 502, Rishikesh Apartment,Opp to N L High School,Above Sapna Hotel,S.V.Road, Malad (West), P: 022- 6513 3967/ 68/69/70/71. Sharekhan Ltd. Flat No. 4B, Ground Floor, Ashwin Villa,Telang Road, Matunga (E), P: 022- 6513 9230/31/32. Sharekhan Ltd. 2nd Floor, Gulmohar Tower, Mahatma Phule Road, Opp.A.K.Joshi High School. Naupada, P: 022- 2537 2158 to 61 / 2539 7778 - 9. Sharekhan Ltd. 108, 1st Floor,
Persipolis Bldg. Above Titan Showroom, Opp.St.Lawrence School, Sector-17, P: 022 - 27882979/80/81/82 / 67122150/51/52, 67913840/41/42. MYSORE: Sharekhan Ltd. Shop No.3,Mythri Arcade,(Next to Saraswathi Theatre),Kantharaj Urs Road,Chamaraja Mohalla,Saraswati Puram, P: 0821 - 4000037 / 2340412. NADIAD: Sharekhan Ltd. 201/202,City Point Complex, Near Parash Cinema,Santram Road, P: 0268 - 2550555. NAGPUR (DHARAMPETH): Sharekhan Ltd. Plot No. 79, 1st Floor, Universal Annex,
Dharampeth Extension, Opposite New Wockhardt Hospital, Shivaji Nagar, P: 0712 - 6654100 to 119. NASHIK - COLLEGE ROAD: Sharekhan Ltd. 5 SK Open Mall, Yeolekar Mala, Near BYK College, College Road, P: 0253 – 6610975 to 989. NAVSARI: Sharekhan Ltd. 1-Nirmal Complex, 1st Floor, Station Road,Sayaji Road, P: 02637 - 652300 / 652400 / 248888 / 258800 / 329554. NOIDA: Sharekhan Ltd. P-12A, 3rd Floor, BHS Liberty, Sector-18, P: 0120 - 4646200, 4646204/05/07/08/09/10/11. PANAJI: Sharekhan
Ltd. F49/F50, 1st Floor, ‘B’ Block, Alfran Plaza, M.G. Road, P: 0832- 2421460. PANIPAT: Sharekhan Ltd. 1st Floor, Excel Tower, Opp. Mid Town Hotel, Near YES Bank, G. T. Road, Sanjay Chowk, PATIALA: Sharekhan Ltd. SCO- 135, Chotti Baradari, P: 0175-6622200 /01/02/03/04/05. PONDICHERRY: Sharekhan Ltd. 312/10, Vallar Salai,Vengata Nagar, Saram Revenue Village, P: 0413 - 4304904 to 09. PUNE - F. C. ROAD: Sharekhan Ltd. 301, Millenium Plaza, 3rd Floor, Opp Fergusson College main Gate,
Fergusson College Road,Shivaji Nagar, P: 020 - 66021301 /02/03/04/05/06. RAIPUR: Sharekhan Ltd. “Ridhi House”, 27/218, New Shanti Nagar, P: 0771- 4217777, 4281172, 4001004. RAJKOT: Sharekhan Ltd. 102/103, Hem Arcade, Opp Vivekanand Statue, Dr Yagnik Road, P: 0281 - 2482 483 /84/85/ 86 (BM Direct) 2466086 /3018487 (RILl). SALEM: Sharekhan Ltd. Sri Ganesh Tower, 561, 2nd Floor, Saradha College Main Road, P: 0427 - 6454864 / 65/ 66. SATARA: Sharekhan Ltd. First Floor, Shree Balaji
Prestige, Powai Naka, Satara, P: 02162 – 239824 / 02162 239827. SILIGURI: Sharekhan Ltd. 2nd Floor, Ganeshayan Building,112,Sevoke Road, Beside Sunflower Shopping Mall, P: 0353 - 6453475 -79 / 2530253 / 2777662 / 2216071 / 2530396. SURAT: Sharekhan Ltd. M-1 to 6,Jolly Plaza, Mezzanine Floor, Athwa Gate, P: 0261 - 6560310 to 6560314. TRICHY - CANTONMENT: Sharekhan Ltd. F-1, Achyuta, 111-Bharatidasan Salai, Cantonment, P: 0431 - 4000705 / 2412810. TRIVANDRUM: Sharekhan Ltd.
Laxmi Bldg. 1st Floor, T.C.No.26/430, Vanrose Road, P: 0471- 2339601 / 02 / 03 / 4400787. UDAIPUR: Sharekhan Ltd. 17 C Kutumb Apartment, Opp. Icici Bank, Madhuban, P: 0294 - 6454647. VAPI: Sharekhan Ltd. Royal Fortune, D-101, E-101, First Floor, Vapi - Daman Road, P: 0260 - 6452931 / 32/33/34/35/36. VARANASI: Sharekhan Ltd. 2nd Floor, Banaras TVS Bldg. D-58/12, A-7, Sigra, P: 0542 - 222 1073 & 75 & 81 & 83. VIJAYWADA: Sharekhan Ltd. Centurian Plaza, D. No: 40-1-129, 2nd Floor, Old
Coolex Building,Opp.ICICI Bank, M.G.Road, P: 0866 - 6629993/2493753/6641919. VIZAG (VISHAKHAPATTANAM): Sharekhan Ltd. 10-1-35/B, Fourth Floor, Parvathaneni House, ValTair Uplands, CBM Compounds, P: 0891 - 6673000/6671744/ 6670566/ 6670101.
SMC GLOBAL SECURITIES LIMITED
AGRA: NO-6,Kaveri Centre,52/2 Sanjay Place P: 9997558522. AHMEDABAD, C.G ROAD: 303 R K House, 3rd Floor .B/H Shilp Building, Opp.Swagat Restaurant ,C G Road, P: 9427181917. AHMEDABAD,KALAPURNAM: 10-A, Kalapurnam,C G Road ,Near Municipal Market, P: 9825612323. AHMEDNAGAR: 1st Floor,17,Mauli Sankul, Nagar Manmad Road,Savedi,P: 9373162500. AMRITSAR: 2nd Floor, Central Mall, Mall Road, P: 9779723764. BANGALORE: Premises # 7,8,9,10,Ground floor,Gold
Tower,#50(old # 98),Residency Road, P: 9886679703. BHAVNAGAR: NO. 113, Ist Floor, Shopper’s Plaza,Waghavadi Road, P: 9377621422. BHOPAL, MALVIYA NAGAR: LG-3, Harisons House, 6 Malviya Nagar, P: 9425006551. BHUVNESHWAR: House No.5, Janpath, Unit-3, P: 9338568767. CHANDIGARH: SCO 174-175, 1st Floor, Sector 9C, P: 9914734040. CHENNAI - ADAYAR: “ Vantage Plaza” III Floor ‘ G ‘,1, Kalki Krishnamurthy Road,(L.B.Road), P: 9840695930. CHENNAI - MYLAPORE: 2nd
Floor, ‘A’ Mookambika Complex,No.4, Lady Desikachari Road, P: 9840600831. CHENNAI-ANNA NAGAR: Yam Complex, AA-147, Fourth Floor, IIIrd Avenue, Anna Nagar, P: 9840014565. COCHIN: 212 DD Vyapar Bhawan,Kadavanthara, P: 9388605840. COIMBATORE: 575/3, Thomas Street P: 9363222967. DEHRADUN: 7,8,9&10 Shiva Palace, Second Floor, Rajpur Road P: 9368572105. DELHI: 17, Netaji Subhash Marg, Daryaganj, 110 002, P: 9818620470. 6B, First Floor Himalaya House 23, K G Marg
Connaught place P: 9958696929. G -36, Second floor Outer Circle Connaught Place P: 9871626464. DHANBAD: 1st Floor D D House Sonapatti p.o Jharia Jharkhand P: 9334001022. DURGAPUR: Plot No. 1396, Nachan Road,Benachity, Near Hotel Kashino,Durgapur,P: 9333751686. FARIDABAD: Sco-101, First Floor ,Sector - 16, P: 9312498419. GHAZIABAD: A-11 Hans Plaza,Shop No. 303,304,305 & 314,3rd Floor, Ambedkar Road, P: 9312675903. HISAR: Mago Securities Ltd 104, SCFGram, 1st Floor
Green Squar Market P: 9416023332. HYDERABAD: 206, 3rd floor Bhuvana Towers, Above CMR Exclusive, S D Road Secunderabad, P: 9347453777. INDORE: 206,Gold Arcade 3/1 New Palasia Opp Curewell hospital, P: 9826062666. JAIPUR: 401, fourth Floor Shyam Anukampa Opp HDFC BANK Ashok Marg C scheme P: 9929644402. JAMMU: 10 -A, North Block,Bahu Plaza,Jammu,P: 9419191091. JAMSHEDPUR: K2-L1 Tiwary Becher Complex,P.o. Bistupur, P: 9934399678. JODHPUR: 201, Poonam
Complex, III-C Road, Sardapura, Rajasthan P: 9314712688. KANPUR: SPFL House 15/63 Civil Lines Near D A V Degree College, P: 9336836894. 15/240 - I, Civil Lines, P: 9936449444. Anand Investments, 75/21, Halsey Road, P: 9415135884. KOLKATTA: 18,Rabindra Sarani Podder Court Gate No 4, 5th Floor P: 9933664479. KOTA: 4-a-6 Talwandi Rajasthan, P: 9829116982. LUCKNOW: Radha Krishna Bhawan, Plot No. 3/A, 5 Park Road, P: 9919977599. MEERUT: C/O KSB Capital Services Ltd Shop
No-1,First Floor,Hari Laxmi Road,P K Road,Crossing P: 9837024084. Kaveri Complex, P.l. Sharma Road, P: 9837101412. MUMBAI: 258,Perin Nariman Street First Floor Fort, P: 9323216183. 3rd Floor A ring Laxmi Tower Bandra Kurla Complex P: 7738863333. 1st Floor, Dheeraj Sagar, Opp Goregaon Sports Club Link Road Malad (W) P: 9769908287. NASIK: Madhura Towers, 2nd Floor,Untawadi, Behind City Centre Mall,Above PNB, P: 9373902969. NOIDA: 106- Ocean Plaza, P-5, Sector -18, P: 9717000378.
PUNE: 1st, Floor, Dealing chambers, Near Sai Petrolpump, opp. Hotel Subdhra, J.M. Road,P: 9769211566. RAJKOT: 302/B 3rd Floor, Shivalik - 5 | Makkam Chowk | Gondal Road. P: 8000903984. RANCHI: SMC House,Beside M R Tower,Line Tank Road,Behind Gopal Complex,Katchury Road, P: 9934399678. SILIGURI: Sanat Trade centre, 2nd floor, Sevoke Road, P: 9933395775. SURAT: 801, 8TH Floor ,Empire state Building, Ring Road, P: 9898285535. VADODRA: 201,Shipra Building,Near Manish
Crossing,Old Padra Road. P: 9898285535. A-31, Shrenik Park Society Opp Akota Stadium, Akota P: 9898077715. VARANASI: 3Rd Floor,Arihant Complex.Sigra Rath Yatra P: 9839241497. 27, Chandrikanagar Colony, Sigra Varanasi P: 9415358236. VIJAYAWADA: D.NO 40-13-5 Sri Ramachandra Complex.,Varun Bajaj ShowroomLane, Benz Circle,P: 9948728238. VISAKHAPATNAM: 4710/10, 3RD Floor ,Rednem Regency, Dwarka Nagar, 2nd Lane, P: 9704559005.
INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED : COLLECTION CENTRES FOR APPLICATION FORM
AXIS BANK LIMITED
AHMEDABAD [GJ]: Trishul-opposite Samartheshwar Templelaw Garden, Ellis Bridge P: 079-66306102. MUMBAI FORT [MH]: Universal Insurance Building,Ground Floorsir P M Road, Fort P: 022-66101031/1088. KOLKATA [WB]: 7, Shakespeare Sarani P: 033-2822933/496. CHENNAI [TN]: 82 Dr Radhakrishnan Salaimylapore, P: 044-28306800. NEW DELHI [DL]: Statesman House,148, Barakhamba Road P: 011-23311047/051. HYDERABAD [AP]: 6-3-879/B First Floor,G Pulla Reddy Blgreenlands,
Begumpet Road, P: 040-23400732/731. BANGALORE [KT]: No. 9, M.g. Road,Block A, P: 080-25317830. JAIPUR [RJ]: O-15, Green Houseashok Marg, C-scheme, P: 0141-4061111. VADODORA [GJ]: Vardhaman Complex, Opp. G.e.brace Course Circle (North), P: 0265-2351183/6690701. BHUBANESHWAR [OR]: Archbishops Housesatyanagar, P: 0674-2571834/735. PUNE [MH]: Sterling Plaza1262/B, J M Road Deccan Gymkhana, P: 020-66295000. LUDHIANA [PB]: Shop No.3, Lgf, Surya Towers108
The Mall, P: 0161-4684680. INDORE [MP]: Kamal Palace, 1 Yeshwant Colonyyeshwant Niwas Road, P: 0731-4295201/333. BHOPAL [MP]: Plot No 165A & 166, Star Arcadem P Nagar, Zone 1, P: 0755-4085010/12. SURAT [GJ]: Digvijay Towers, Opp. St Xaviers Schoolghod Dod Road, P: 0261-2663124/214/217. NAGPUR [MH]: M. G. House,Rabindranath Tagore Road,Besides Board Office,Civil Linesnagpur P: 0712-6621800/6621801. LUCKNOW [UP]: 25 B , Ashok Marg,Sikander Bagh Chauraha, P:
0522-4152000/1-32. MANGALORE [KT]: Essel Tower , Ground Floor bunts Hostel Circle, P: 0824-2410981/2/3/4. KOCHI [KL]: 41/419, Ground Floor Chicago Plaza,Rajaji Road, P: 0484-4411044/05. AGRA [UP]: Shop No. 1, 3 To 16, Block No 51anupam Plaza Ii, Sanjay Place, P: 0562-4037500. UDAIPUR [RJ]: 222/21, Saheli Margnear Uit Circle, P: 0294-2424431/2/3/4/5. RANCHI [JH]: Main Road ,Near Albert Ekka Chowkbelow Bata Showroom, P: 0651-2301039. MADURAI [TN]: Door No. 4,Goods
Shed Streetnull, P: 0452-2347534/35. VAPI [GJ]: Hotel Fortune Galaxy Comm Plotno C7/67/P N.h. No 8 Near Kopali Rd Gidc, P: 0260-6616600/2401203. THIRUVANANTHAPURAM [KL]: Tc2/2421, Condor Building ,Pattom Po, P: 0471-2558469/70/71. JABALPUR [MP]: Grd & 1st Flr,Panchratna Blgplot No.902,Model Rd,Wright Town, P: 0761-4027700/1/2/3/4. HUBLI [KT]: Kalburgi Plaza ,163/20a,Main Road ,Deshpande Nagar, P: 0836-356981/82/84/85. MEHSANA [GJ]: Shop No 1-5,Sakar Centre
Pointnr.nagalpur College Highway Road, P: 02762-259845/846/847. DLF, GURGAON [HR]: Sg-21 & 22,Galleria Shopping Mall,Phase-iv,Dlf Qutab Enclave Complex, P: 0124-4050595/96/97. KANPUR [UP]: 16/104 A , Civil Lines,Infront Of Icai Bhawan, P: 0512-2346206/9/10. KOZHIKODE [KL]: Axis Bank Ltd, Marina Mallymca Cross Road, P: 0495-4020598/97. GUWAHATI [AS]: Chibber House G S Road, Dispur, P: 0361-2340522/2340561. BURDWAN [WB]: 2nd Floor, City Tower23, G.t. Road, P: 0342-
2569171/2566415. GWALIOR [MP]: Kanwal Complex, Shrmant Madhav Raoscindia Marg, P: 0751-2233770,80,90. AURANGABAD [MH]: Sakar Bldg. Cts No. 18030 Adalat Road, Kranti Chowk, P: 0240-6621969/70. BOKARO [JH]: Hotel Blue Diamond, 15 D/1 Western Avenueground Floor, Bokaro Steel City, P: 06542-226123,42,44,. JAMNAGAR [GJ]: Jaidev Arcade,Grnd Flr,Park Cly Mainmain Rd,Nr Joggers Park, P: 0288-2665219. MEERUT [UP]: Hotel Crystal Palace, G-2/47 Civillines, Boundary Road,
Dist.meerut P: 0121-2664519/26/4404. GANDHIDHAM [GJ]: Plot No. 349sector 12 / B, P: 02836-668100/ 668121. BHAVNAGAR [GJ]: Plot No. 4/B, Vasundhara Complexopp. Dakshinamurthy School,Waghawadi Road, P: 0278-2573702/ 03. BAREILLY [UP]: 148, Civil Linesbareilly, Uttar Pradesh State, P: 0581-2420127/135/113. BHILAI [CT]: Block A, Plot No.5, Uttar Gangotrioff.g.e.road,Supela Chowk,Dist.durgb, P: 0788-2295848/2294579. KOTA [RJ]: 414, Shopping Centerkota District, P: 0744-2365511/
13/14. BANDRA KURLA COMPLEX,MUMBAI[MH: Fortune 2000,Ground Floor,Bandra-kurla Complex,Bandra(e), P: 022-30620066/7/71. JUNAGADH [GJ]: Shop:1,2,3 Raiji Nagar Shopping Centern K Mehta Road,Moti Baug,, P: 0285-2673413 / 14. HISSAR [HR]: Sco No. 177commercial Urbal Estate No. 1, P: 01662-227442/5/8/56. ALLAHABAD [UP]: 28 B, Civil Station, M.g.marg,Civil Lines, P: 0532-2427645/46/47. VARANASI [UP]: Tulsi Complex C-19/134, M-b,Gr & 1st Flrshastri Nagar, Sigra, P: 0542-
2227395/7/8. ALIGARH [UP]: Omji Complex, Ramghat Road,Niranjan Puri, P: 0571-2741852/2743977. GORAKHPUR [UP]: Plot No.560, Mohalla Purditpur,Ad Chowk, Bank Road, P: 0551-2334354/73/74. FARIDABAD [HR]: Shop No.-6, Crown Complex,Neighbourhood No.2, 1-2 Chowk, N.i.t., P: 0129-4039739/40/41. VISAKHAPATNAM [AP]: No.47-10-24/25dwaraka Nagar, P: 0891-2562199/200. BHARUCH [GJ]: Shri Sad Vidya Mandal Institute Of Technolohold N.h No.8, P: 02642-225221/48219. ANAND
[GJ]: Satyam Chambers,Amul Dairy Road, P: 0269-250975/475. WHITEFIELD, BANGALORE [KT]: “Citius”, First Technology Placeno.3, Epip, Whitefieldbangalore P: 080-28411155/66. KALYAN(W) [MH]: Old Suchak Niwas,Cts No.3203murbad Roadkalyan (West) P: 0251-2315819/21. AMBALA CITY [HR]: Ground Floor And Mezzanine Floor , Khatokhasra No. 994/2/1 (2-7), Property No. 134003, P: 0171-2536484/7/6.
HDFC BANK LIMITED
AHMEDABAD: HDFC BANK LTD,Astral Tower, Near Mithakhali Six Raod,Navrnagpura, P: 079-32423470/093740 21787/079-65440373/093761 09247/079-65440373/093270 88696. ALLAHABAD: 58,sp marg civil lines P: 3982510505514/9335070679. AMRITSAR: 26 Kennedy Aven

C C BANK L M TED

DB BANK L M TED

KOTAK MAH NDRA BANK L M TED

INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED 3

 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS - TRANCHE 2
GENERAL INSTRUCTIONS
Applicants are advised to read the Prospectus -Tranche 2 and the General Instructions Electronic Clearing System (“NECS”). Please refer to the section on Manner and Mode of Payment starting on page the Registrar to the Issue wil obtain from the Applicant’s DP A/c, the Applicant’s bank account details. The Applicants are
contained in this application form carefully and to satisfy themselves of the disclosures before 101 of the Prospectus - Tranche 2 advised to ensure that bank account details are updated in their respective DP A/cs or the correct as these bank account
making an application for subscription. Unless otherwise specified, all the terms used in this 10. Taxation : Please refer to the section on Taxation on page 102 of the Prospectus - Tranche 2 details would be printed on the refund order(s), if any. The Applicants desirous of subscribing to the Tranche 2 Bonds in
application form have the same meaning as in the Prospectus -Tranche 2. For a copy of the 11. Security : 11.1 The principal amount of the Tranche 2 Bonds to be issued upon the terms contained in Prospectus - physical form should ensure that they have provided the correct bank account details in the Application Form, and provided
Prospectus -Tranche 2, the applicant may request Company and/or the Lead Managers. Tranche 2 together with all interest, costs, charges, fees, remuneration of Debenture Trustee and expenses payable in a self attested copy of a cancelled cheque of the bank account to which the amounts pertaining to refunds, interest and
Further, investors are advised to retain the copy of the Prospectus -Tranche 2/Abridged respect thereof (the “Secured Obligations”) shall be secured in favour of the Debenture Trustee in the following manner: redemption, as applicable, should be credited as these bank account details would be printed on the refund order(s), if any.
Prospectus -Tranche 2 for their future reference. Please fill in the Form in English using 11.1.1 By way of a first floating pari passu charge over the certain receivables of the Company arising out of its: a) Please note that failure to do so could result in delays in credit of refunds to Applicants at the Applicants sole risk and neither
BLOCK letters. Investors should carefully choose the Option(s) they wish to apply for. Please investments; and/or b) infrastructure loans; and/or c) current assets, loans and advances, as appearing in the Company’s the Lead Managers nor our Company nor the Refund Bank nor the Registrar shall have any responsibility and undertake
refer to Terms of the Issue in the Prospectus -Tranche 2 for details. balance sheet from time to time to the extent of 1.0 times of the outstanding Secured Obligations (the “Secured Assets”), any liability for the same. 8. Applications under Power of Attorney: Unless the Company specifically agree in writing, and
TERMS OF THE ISSUE provided however that the Secured Assets shall not include the following (a) any receivables of the Company arising from: subject to such terms and conditions as the Company may deem fit, in the case of Applications made under Power of
1. Issue, Status of Tranche 2 Bonds: 1.1 This is a public issue of Tranche 2 Bonds of the Company not exceeding Rs. (i) any loan or debt granted by the Company to its subsidiaries and affiliates present or in the future; or (ii) any investments Attorney, a certified copy of the Power of Attorney is required to be lodged separately, along with a copy of the Application
29,289.64 mil ion for the financial year 2010-2011. These terms and conditions are for the Tranche 2 Bonds issued under in equity and / or preference share capital or investment through any other instrument made by the Company in, its Form at the office of the Registrar to the Issue simultaneously with the submission of the Application Form, indicating the
the Prospectus – Tranche 2. 1.2 The Tranche 2 Bonds issued by the Company may be classified as ‘long term infrastructure subsidiaries and affiliates whether presently or in the future); and (b) Permitted Liens. : “Permitted Liens” for the purpose name of the Applicant along with the address, Application number, date of submission of the Application Form, name of the
bonds’ for the purposes of Section 80 CCF of the Income Tax Act and the Notification. 1.3 The Tranche 2 Bonds are issued of the above means security on government securities or corporate bonds of the Company to secure short term debt of bank and branch where it was deposited, Cheque/Demand Number and the bank and branch on which the Cheque/
in the form of secured, redeemable, non convertible debentures. The Tranche 2 Bonds constitute direct and secured less than 365 day duration incurred by the Company under the Collaterized Borrowing and Lending Operations of Clearing Demand was drawn. 9. Permanent Account Number: All Applicants should mention their PAN allotted under the Income
obligations of the Company and shall rank pari passu inter se and without any preference or priority among themselves. Corporation of India Limited or under any repo or repurchase facility. 11.1.2 The Secured Obligations are also secured by Tax Act in the Application Form. In case of joint applicants the PAN of the first Applicant should be provided and for HUFs,
Subject to any obligations preferred by mandatory provisions of the law prevailing from time to time, the Tranche 2 Bonds first fixed pari passu charge over immovable property of the Company being flat number 311/312 at 2A, Raheja Classique, PAN of the HUF should be provided. The PAN would be the sole identification number for participants transacting in the
shall also, as regards the principal amount of the Tranche 2 Bonds, interest and all other monies secured in respect of the New Link Road, Andheri (West), Mumbai – 400053. 11.2 The Company agrees to maintain an asset cover of at least 1.0 securities markets, irrespective of the amount of the transaction. Any Application Form without the PAN is liable to be
Tranche 2 Bonds, rank pari passu with all other present and future debenture holders of the Company. times of the outstanding amount of Tranche 2 Bonds, at all times, til the Tranche 2 Bonds are completely redeemed. In rejected. It is to be specifically noted that Applicants should not submit the GIR Number instead of the PAN as the
2. Form, Face Value, Title and Listing etc: 2.1 Form : 2.1.1 The allotment of the Tranche 2 Bonds shall be in either case of reduction of security cover below 1.0 times for any reason whatsoever, the Company agrees to make-up the Application is liable to be rejected on this ground. 10. In case of Application Forms for subscription of Tranche 2 Bonds in
dematerialized form (fungible and represented by the statement issued through the electronic mode) or in physical form as deficiency with equivalent amount of receivables, free from any charge of whatsoever nature, so as to maintain the physical form, ensure that along with the Application Form you have provided all the requisite documents, as more
indicated in the Application Form by an Applicant. The Company shall take necessary steps to credit the Depository minimum asset cover of 1.0 times. 11.3 The Company has created a floating charge on some receivables as appearing in particularly detailed in section entitled “Bonds in Physical Form” on page 115 of the Prospectus - Tranche 2. 11. Joint
Participant account of the Applicants with the number of Tranche 2 Bonds allotted. The Bondholders holding the Tranche the balance sheet of the Company, as security for its existing borrowings (including the existing debentures), the aggregate Applications: Applications may be made in single or joint names (not exceeding three). In the case of joint Applications, all
2 Bonds in dematerialised form shall deal with the Tranche 2 Bonds in accordance with the provisions of the Depositories value of which is at least equivalent to 1.00 times of the total outstanding borrowings (including the debentures) of the payments wil be made out in favour of the first Applicant. All communications wil be addressed to the first named Applicant
Act and/or rules as notified by the Depositories from time to time. 2.1.2 The Bondholders may rematerialize the Tranche 2 Company. The Company has secured its existing debentures by way of a charge on immovable property of the Company whose name appears in the Application Form at the address mentioned therein. 12. Applicants are requested to write their
Bonds issued in dematerialized form at any time after allotment, in accordance with the provisions of the Depositories Act, being flat number 311/312 at 2A, Raheja Classique, New Link Road, Andheri (West), Mumbai – 400053. The benefit of such names and Application serial number on the reverse of the instruments by which the payments are made. 13. Category: All
1996 and/or rules as notified by the Depositories from time to time.2.2 Face Value: The face value of each Bond is Rs. security wil be provided to the Bondholders. Since the terms of existing borrowings whether by way of loans or by way of Applicants are requested to tick the relevant column “Category of Investor” in the Application Form. 14. Ensure that you
5,000. 2.3 Title; 2.3.1 In case of: (i) Tranche 2 Bonds held in the dematerialized form, the person for the time being debentures expressly allow further borrowings by the Company, no pari passu letters have been exchanged. 11.4 The Company have specified the series of the Tranche 2 Bonds that you wish to subscribe to. The Application Forms which do not indicate
appearing in the register of beneficial owners maintained by the Depository; and (ii) the Tranche 2 Bond held in physical shall ensure that the creation of security as contemplated in this section and all necessary formalities including execution of the series for which the Applicant has applied shall be Allotted Series 1 Tranche 2 Bonds. 15. Ensure that the appropriate
form, the person for the time being appearing in the Register of Bondholders 2.4 Listing: The Tranche 2 Bonds wil be relevant security documents in relation thereto are completed within a period of 90 days from the Deemed Date of Allotment of box with respect to the buyback facility is duly ticked. 16. Ensure that the Applications are submitted to the Bankers to the
listed on NSE and BSE. 2.5 Market Lot; 2.5.1 The Tranche 2 Bonds shall be allotted in dematerialised form and in physical the Tranche 2 Bonds. Issue or collection centre(s)/ agents as may be specified before Issue Closing Date; 17. In case of Application Forms for
form. The trading of the Tranche 2 Bonds on the Stock Exchanges shall be in dematerialised form only in multiples of one 12. Events of Defaults: The Debenture Trustee at its discretion may, or if so requested in writing by the holders of not less subscription of Tranche 2 Bonds in dematerialised form, ensure that the name(s) given in the Application Form is exactly
Tranche 2 Bond (“Market Lot”). 2.5.2 For details of allotment refer to chapter entitled “Procedure for Application” beginning than 75 per cent. in principal amount of the Tranche 2 Bonds then outstanding or if so directed by a Special Resolution shall the same as the name(s) in which the beneficiary account is held with the Depository Participant. In case the Application
on page 110 of the Prospectus - Tranche 2. (subject to being indemnified and/or secured by the Bondholders to its satisfaction), give notice to the Company specifying Form is submitted in joint names, ensure that the beneficiary account is also held in same joint names and such names are
3. Transfer of the Tranche 2 Bonds, Issue of Consolidated Bond Certificates etc: 3.1 Register of Bondholders: The that the Tranche 2 Bonds and/or any particular Series of Tranche 2 Bonds, in whole but not in part are and have become in the same sequence in which they appear in the Application Form.
Company shall maintain at its registered office or such other place as permitted by law a register of Bondholders (the due and repayable at the Early Redemption Amount on such date as may be specified in such notice inter alia if any of the Don’ts: 1. Do not make an application for lower than the minimum Application size. 2. Do not pay the Application Amount
“Register of Bondholders”) containing such particulars as required by Section 152 of the Companies Act. In terms of events listed in the section on Events of Defaults starting on page 104 of the Prospectus - Tranche 2 in cash, by money order or by postal order or by stockinvest. 3. Do not send Application Forms by post; instead submit the
Section 152A of the Companies Act, the Register of Bondholders maintained by a Depository for any Bond in dematerialized 13. Bondholder’s Rights, Nomination Etc.: 13.1 Bondholder Not a Shareholder: The Bondholders wil not be entitled same to a Banker to the Issue only. 4. Do not submit the GIR number instead of the PAN as the Application Form is liable
form under Section 11 of the Depositories Act shall be deemed to be a Register of Bondholders for this purpose. 3.2 Lock to any of the rights and privileges available to the equity and preference shareholders of the Company. 13.2 Nomination: to be rejected on this ground. 5. Do not submit the Application Forms without the full Application Amount. 6. Do not provide
in Period: 3.2.1 No Transfer during Lock-in Period: In accordance with the Notification, the Bondholders shall not sell or In accordance with Section 109A of the Act, the sole Bondholder or first Bondholder, along with other joint Bondholders the Depository Participant details in the Application Forms for subscription of Tranche 2 Bonds in physical form. For further
transfer the Tranche 2 Bonds in any manner for a period of 5 years from the Deemed Date of Allotment (the “Lock-in (being individual(s)) may nominate any one person (being an individual) who, in the event of death of the sole holder or all instructions, please read the Application Form carefully.
Period”). 3.2.2 Transfer after Lock-in Period: (a) The Bondholders may sell or transfer the Tranche 2 Bonds after the the joint-holders, as the case may be, shall become entitled to the Bond. A person, being a nominee, becoming entitled to 21. Tax Deduction at Source: For more details please refer on page 113 of the Prospectus - Tranche 2.
expiry of the Lock-in Period on the stock exchange where the Tranche 2 Bonds are listed. (b) If a request for transfer of the the Bond by reason of the death of the Bondholders, shall be entitled to the same rights to which he wil be entitled if he 22. Multiple and Partial Applications: For more details please refer on page 113 of the Prospectus - Tranche 2.
Bond is not received by the Registrar before the Record Date for maturity, the Maturity Amount for the Tranche 2 Bonds were the registered holder of the Bond. Where the nominee is a minor, the Bondholders may make a nomination to PAYMENT INSTRUCTIONS
shall be paid to the person whose name appears as a Bondholder in the Register of Bondholders. In such cases, any appoint any person to become entitled to the Bond(s), in the event of his death, during the minority. 13.3 In case of 23. Escrow Mechanism : For more details please refer to the section on Payment Instructions on page 113 of the
claims shall be settled inter se between the parties and no claim or action shall be brought against the Company. 3.3 allotment of Tranche 2 Bonds in dematerialised mode, there is no need to make a separate nomination with the Company. Prospectus - Tranche 2.
Transfers: 3.3.1 Transfer of Tranche 2 Bonds held in dematerialized form: In respect of Tranche 2 Bonds held in the Nominations registered with the respective Depository Participant of the Bondholder wil prevail. If the Bondholders require 24. Payment into Escrow Account: Each Applicant shall draw a cheque or demand draft or remit the funds electronically
dematerialized form, transfers of the Tranche 2 Bonds may be effected only through the Depository(ies) where such changing their nomination, they are requested to inform their respective Depository Participant. For more details refer through the RTGS mechanism for the Application Amount as per the following terms: (a) All Applicants would be required
Tranche 2 Bonds are held, in accordance with the provisions of the Depositories Act, 1996 and/or rules as notified by the section on Bondholder’s Rights, Nomination Etc. starting on page 107 of the Prospectus - Tranche 2 to pay the full Application Amount at the time of the submission of the Application Form. (b) The Applicants shall, with the
Depositories from time to time. The Bondholder shall give delivery instructions containing details of the prospective purchaser’s 14. Debenture Trustees : 14.1The Bondholders shall, without further act or deed, be deemed to have irrevocably given submission of the Application Form, draw a payment instrument for the Application Amount in favour of the Escrow Account
Depository Participant’s account to his Depository Participant. If a prospective purchaser does not have a Depository their consent to the Debenture Trustee or any of their agents or authorised officials to do all such acts, deeds, matters and and submit the same to Bankers to the Issue. If the payment is not made favouring the Escrow Account along with the
Participant account, the Bondholder may rematerialize his or her Tranche 2 Bonds and transfer them in a manner as things in respect of or relating to the Tranche 2 Bonds as the Debenture Trustee may in their absolute discretion deem Application Form, the Application shall be rejected. (c) The payment instruments for payment into the Escrow Account
specified in section 3.3.2 below. 3.3.2 Transfer of Tranche 2 Bonds in physical form: The Tranche 2 Bonds may be necessary or require to be done in the interest of the Bondholders.14.2 The Debenture Trustee wil protect the interest of should be drawn in favour of “IDFC Infra Bonds – Tranche 2”. (d) The monies deposited in the Escrow Account wil be
transferred by way of a duly stamped and executed transfer deed or other suitable instrument of transfer as may be the Bondholders in the event of default by the Company in regard to timely payment of interest and repayment of principal held for the benefit of the Applicants until the Designated Date. (e) On the Designated Date, the Escrow Collection Banks
prescribed by the Company for the registration of transfer of Tranche 2 Bonds. and they wil take necessary action at the Company’s cost. shall transfer the funds from the Escrow Account as per the terms of the Escrow Agreement into the Public Issue Account
4. Debenture Redemption Reserve (“DRR”): Section 117C of the Companies Act requires any company that intends to 15. Miscellaneous: 15.1 Loan against Tranche 2 Bonds: The Tranche 2 Bonds cannot be pledged or hypothecated with the Bankers to the Issue. The Escrow Collection Bank shall also transfer all amounts payable to Applicants whose
issue debentures to create a DRR to which adequate amounts shall be credited out of the profits of the company til the during the Lock-in Period. The Tranche 2 Bonds may be pledged or hypothecated or subject to lien for obtaining loans from Applications have been rejected by the Company to the Refund Account with the Refund Bank. The Refund Bank shall
redemption of the debentures. However, the Ministry of Company Affairs (the “MCA”) has, through its circular dated April scheduled commercial banks, after the Lock-in Period. 15.2 Lien:15.3 Lien on Pledge of Tranche 2 Bonds: 15.4 Right refund all the amounts to the Applicants in terms of the Escrow Agreement. (f) Payments should be made by cheque, or a
18, 2002, specified that NBFCs which are registered with the RBI under Section 45-IA of the RBI Act, 1934 shall create to Reissue Bond(s) 15.5 Joint-holders 15.6 Sharing of Information 15.7 Notices 15.8 Issue of Duplicate Consolidated demand draft drawn on any bank (including a Co-operative bank), which is situated at, and is a member of or sub-member
DRR to the extent of 50 per cent. of the value of the debentures issued through public issue. Accordingly, the Company Bond Certificate(s): 15.9 Future Borrowings 15.10 Jurisdiction. For section on Miscellaneous please refer to the of the bankers’ clearing house located at the centre where the Application Form is submitted. Outstation cheques/bank
shall create DRR of 50 per cent of the value of Tranche 2 Bonds issued and allotted in terms of this Prospectus - Tranche page 108 of the Prospectus - Tranche 2 drafts drawn on banks not participating in the clearing process will not be accepted and applications accompanied
2, for the redemption of the Tranche 2 Bonds. The Company shall credit adequate amounts to DRR from its profits every PROCEDURE FOR APPLICATION: This section applies to all Applicants. Please note that all Applicants are required to by such cheques or bank drafts are liable to be rejected. (g) Cash/ stockinvest/money orders/ postal orders will
year until the Tranche 2 Bonds are redeemed. The amounts credited to the DRR shall not be utilized by the Company for make payment of the full Application Amount along with the Application Form. The Prospectus - Tranche 2 and the not be accepted.
any purpose other than for the redemption of the Tranche 2 Bonds. Application Forms together with the abridged prospectus may be obtained from our Corporate Office, from the Lead 25. Submission of Application Forms: All Application Forms duly completed and accompanied by account payee
5. Underwriting: This second tranche under the Prospectus – Tranche 2 is not underwritten. Managers or from the Lead Brokers. In addition, Application Forms would also be made available to NSE and BSE where cheques or drafts shall be submitted to the Bankers to the Issue during the Issue Period. No separate receipts shall be
6. Interest: 6.1 Annual Payment of Interest: Subject to buyback of the Tranche 2 Bonds as specified in the section 7.3 listing of the Tranche 2 Bonds is sought, and to brokers, being members of NSE and BSE, upon their request. issued for the money payable on the submission of Application Form. However, the collection centre of the Bankers to the
below, for Series 1 Tranche 2 Bonds, interest at the rate of 8 % per annum wil be paid annually commencing from the 16. Application Form: Applicants are required to submit their Applications through the Bankers to Issue. Issue wil acknowledge the receipt of theApplication Forms by stamping and returning to theApplicants the acknowledgement
Deemed Date of Allotment and on the equivalent date falling every year thereafter. 6.2 Cumulative Payment of Interest: 17. WHO CAN APPLY? : The following categories of persons are eligible to apply in the Issue: ● Indian nationals resident slip. This acknowledgement slip wil serve as the duplicate of the Application Form for the records of the Applicant.
Subject to buyback of the Tranche 2 Bonds as specified in the section 7.3 below, interest on the Series 2 Tranche 2 Bonds in India, who are not minors, in single or joint names (not more than three); and ● Hindu Undivided Families or HUFs, in 26. Online Applications: The Company may decide to offer an online Application facility for the Tranche 2 Bonds, as and
shall be compounded annually at the rate of 8 % per annum commencing from the Deemed Date of Allotment and shall be the individual name of the Karta. The Applicant should specify that the Application is being made in the name of the HUF when permitted by Applicable Laws, subject to the terms and conditions prescribed.
payable on the Maturity Date or the Buyback Date, as the case may be. 6.3 Day Count Convention : Interest shall be in the Application Form as follows: “Name of Sole or First Applicant: XYZ Hindu Undivided Family applying through XYZ, 27. Tranche 2 Bonds in dematerialised form with NSDL or CDSL: The Allotment of Tranche 2 Bonds in this Issue shall
computed on a 365 days-a-year basis on the principal outstanding on the Tranche 2 Bonds. However, where the interest where XYZ is the name of the Karta”. Applications by HUFs would be considered at par with those from individuals. Please also be in de-materialised form, (i.e., be fungible and be represented by the statement issued through the electronic
period (start date to end date) includes February 29, interest shall be computed on 366 days-a-year basis, on the principal note that non-resident investors including NRIs, FIIs and OCBs are not eligible to participate in the Issue. mode). As per the provisions of the Depositories Act, the Tranche 2 Bonds can be held in a dematerialised form, i.e., they
outstanding on the Tranche 2 Bonds. 6.4 Interest on Application and Refund Money: 6.4.1 Application Interest: The 18. Application Size: Applications are required to be for a minimum of two Tranche 2 Bonds and multiples of one Tranche shall be fungible and be represented by a statement issued through electronic mode. Please refer on page 114 of the
Company shall not pay any interest on the Application Amount. 6.4.2 Refund Interest: The Company shall not pay any 2 Bonds thereafter. For the purpose fulfil ing the requirement of minimum subscription of two Tranche 2 Bonds, an Applicant Prospectus - Tranche 2 of more information.
interest on refund of Application Amount, in whole or part. may choose to apply for two Tranche 2 Bonds of the same series or two Tranche 2 Bonds across different series. 28. Bonds in Physical Form: The Company through its letter dated October 6, 2010 informed SEBI that it proposes to
7. Redemption: 7.1 Unless previously redeemed as provided under the Debenture Trust Deed, the Company shall 19. INSTRUCTIONS FOR COMPLETING THE APPLICATION FORM: Applications must be: (a) Made only in the prescribed issue the Tranche 2 Bonds in physical form to such investors who wish to subscribe in physical form. SEBI through its letter
redeem the Tranche 2 Bonds on the Maturity Date. 7.2 Procedure for Redemption by Bondholders: The procedure for Application Form. (b) Completed in block letters in English as per the instructions contained herein, and are liable to be dated October 8, 2010 (the “SEBI Letter”) inter alia stated that it is advised that the issuer shall make the public issue in
redemption is set out on page 99 of the Prospectus - Tranche 2. 7.3 Buyback of Tranche 2 Bonds : 7.3.1 An Applicant rejected if not so completed. Applicants should note that the Bankers to the Issue wil not be liable for errors in data entry dematerialised form. The SEBI Letter further stated that the Applicant(s) who wish to subscribe to, or hold, the Tranche 2
subscribing to the Series 1 Tranche 2 Bonds and/or the Series 2 Tranche 2 Bonds, shall at the time of submitting the due to incomplete or il egible Application Forms. (c) In single name or in joint names (not more than three, and in the same Bonds in physical form can do so in terms of Section 8(1) of the Depositories Act, 1996 and the Company is obligated to
Application Form indicate his or her preference for utilizing the buyback facility offered by the Company for the Series 1 order as their Depository Participant details). (d) Applications are required to be for a minimum of two Tranche 2 Bonds and fulfil such request of the Applicant(s). Accordingly, any Applicant who wishes to subscribe to the Tranche 2 Bonds in
Tranche 2 Bonds and/or the Series 2 Tranche 2 Bonds by opting for it in the Application Form and completing all formalities in multiples of one Bond thereafter. For the purpose fulfil ing the requirement of minimum subscription of two Tranche 2 physical form shall undertake the steps as specified in this Prospectus – Tranche 2. Any Applicant who wishes to subscribe
as may be prescribed therein. 7.3.2 The Company shall dispatch the Buyback Intimation Request at least 15 days prior to Bonds, an Applicant may choose to apply for two Tranche 2 Bonds of the same series or two Tranche 2 Bonds across to the Tranche 2 Bonds in physical form shall provide the following KYC documents : (a) Self-attested copy of the PAN
the commencement of the Buyback Intimation Period, requesting buyback confirmation from the Bondholders as specified different series. The Application without the minimum specified lot shall be rejected by the Company. (e) Thumb impressions card; (b) Self-attested copy of the proof of residence. Any of the following documents shall be considered as a verifiable
below. A Bondholder may respond to the Buyback Intimation Request at any time during the currency of the Buyback and signatures other than in English/ Hindi/ Marathi or any of the other languages specified in the Eighth Schedule to the proof of residence: ● ration card issued by the Government of India; or ● valid driving license issued by any transport
Intimation Period by informing the Company in writing of the following: (a) A Bondholder of Series 1 Tranche 2 Bonds and/ Constitution of India must be attested by a Magistrate or Notary Public or a Special Executive Magistrate under his official authority of the Republic of India; or ● electricity bil (not older than 3 months); or ● landline telephone bil (not older than 3
or Series 2 Tranche 2 Bonds who has opted for buyback in a manner as specified in section 7.3.1 above may inform the seal. (f) No receipt would be issued by the Company for the Application money. However, the Bankers to the Issue, on months); or ● valid passport issued by the Government of India; or ● Voter’s Identity Card issued by the Government of
Company of their intention not to utilize the buyback facility offered by the Company; or (b) A Bondholder of Series 1 receiving the applications wil acknowledge receipt by stamping and returning the acknowledgment slip to the Applicant. IN India; or ● passbook or latest bank statement issued by a bank operating in India; or ● leave and license agreement or
Tranche 2 Bonds and/or Series 2 Tranche 2 Bonds who has not opted for buyback in a manner as specified in section CASE OF THE APPLICATION FORMS FOR SUBSCRIPTION OF BONDS IN DEMATERIALISED FORM, IF THE DP agreement for sale or rent agreement or flat maintenance bil ; or ● a letter from a recognized public authority or public
7.3.1 above may inform the Company of their intention to utilize the buyback facility offered by the Company; 7.3.3 For the ID, CLIENT ID AND PAN MENTIONED IN THE APPLICATION FORM DO NOT MATCH WITH THE DP ID, CLIENT ID servant verifying the identity and residence of the Applicant. (c) Self-attested copy of a cancelled cheque of the bank
avoidance of doubt, the Bondholders may note that no action wil be required on their part for the following: (a) In case of AND PAN AVAILABLE IN THE RECORDS WITH THE DEPOSITORIES, THE APPLICATION FORM IS LIABLE TO BE account to which the amounts pertaining to payment of refunds, interest and redemption, as applicable, should be credited.
Bondholders who have opted in the Application Form for the buyback facility and intend to continue with the same; and (b) REJECTED. The demat accounts for Applicants for which PAN details have not been verified shall be “suspended The Applicant shall be responsible for providing the above information accurately. Delays or failure in credit of the payments
In case of Bondholders who have not opted, in the Application Form, for the buyback and intend to continue with the same. for credit” and no credit of Tranche 2 Bonds pursuant to the Issue shall be made into accounts of such Applicants. due to inaccurate details shall be at the sole risk of the Applicants and neither the Lead Managers nor the Company shall
7.3.4 The buyback of the Series 1 Tranche 2 Bonds and/or the Series 2 Tranche 2 Bonds from their respective Bondholders GENERAL INSTRUCTIONS have any responsibility and undertake any liability for the same. The Applications, of the Applicants who wish to subscribe
shall be effected by the Company by payment of the Buyback Amount on the Buyback Date, subject to the terms set forth 20. Do’s: 1. Check if you are eligible to apply. 2. In case of applications for Tranche 2 Bonds in physical form, the for the Tranche 2 Bonds in physical form, which are not accompanied with the aforestated documents may be rejected at
in the section on Buyback of Tranche 2 Bonds on page 100 of the Prospectus - Tranche 2. Applicant should provide all the documents as specified in the section titled “Bonds in Physical Form” at page 115 of the the sole discretion of the Company. In case of Tranche 2 Bonds that are issued in physical form, the Company wil issue
8. Payments: 8.1 Payment of Interest: Payment of interest on the Tranche 2 Bonds wil be made to those Bondholders, Prospectus - Tranche 2. 3. Read all the instructions carefully and complete the Application Form in all respects by providing one certificate to the Bondholder for the aggregate amount of the Tranche 2 Bonds that are allotted (each such certificate
whose name appears first in the Register of Bondholders maintained by the Depositories and/or the Company and/or the all the information including PAN and demographic details. 4. Applications are required to be in single or joint names (not a “Consolidated Bond Certificate”). The Company shall dispatch the Consolidated Bond Certificate to the address of the
Registrar, as the case may be as, on the Record Date. 8.2 Record Date: The record date for the payment of interest or the more than three). 5. Ensure that the details about the Depository Participant and beneficiary account are correct and the Applicant provided in the Application Form within two (2) Working Days from the date of Allotment of the Tranche 2 Bonds.
Buyback Amount or the Maturity Amount shall be 15 days prior to the date on which such amount is due and payable demat account is active for Allotment of the Tranche 2 Bonds in dematerialised form. The requirement for providing PLEASE NOTE THAT, SUBJECT TO THE LOCK-IN PERIOD, TRADING OF BONDS ON THE STOCK EXCHANGES
(“Record Date”). 8.3 Effect of holidays on payments : If the date of payment of interest or principal or any date specified Depository Participant details shall be mandatory only for Applicants who wish to subscribe to the Tranche 2 Bonds in SHALL BE IN DEMATERIALISED FORM ONLY IN MULTIPLE OF ONE BOND.
does not fall on a Working Day, then the succeeding Working Day wil be considered as the effective date. Interest and dematerialized form. Any Applicant who provides the Depository Participant details in the Application Form shall be Allotted 29. Communications: All future communications in connection with Applications made in the Issue should be addressed
principal or other amounts, if any, wil be paid on the succeeding Working Day. Payment of interest wil be subject to the the Tranche 2 Bonds in the dematerialized form only. Such Applicant shall not be Allotted the Tranche 2 Bonds in physical to the Registrar to the Issue, quoting all relevant details regarding the Applicant/Application. Applicants may address our
deduction of tax as per Income Tax Act or any statutory modification or re-enactment thereof for the time being in force. In form. 6. In case of an HUF applying through its Karta, the Applicant is required to specify the name of an Applicant in the Compliance Officer as well as the contact persons of the Lead Managers and the Registrar to the Issue in case of any pre-
case the Maturity Date falls on a holiday, the payment wil be made on the next Working Day, without any interest for the Application Form as “XYZ Hindu Undivided Family applying through PQR”, where PQR is the name of the Karta. 7. Issue related problems such as non-receipt of letters of Allotment/credit of Tranche 2 Bonds in the Depositary’s beneficiary
period overdue. 8.4 Payment on Redemption or Buyback: The manner of payment on Maturity or Buyback is set out in Applicant’s Bank Account Details: The Tranche 2 Bonds shall be allotted eithere in dematerialised form or physical form. account/refund orders, etc.
the section on Payment on Redemption or Buyback on page 111 of the Prospectus - Tranche 2 The Registrars to the Issue wil obtain the Applicant’s bank account details from the Depository in case of allotment in 30. Rejection of Applications: The Company reserves its full, unqualified and absolute right to accept or reject any
9. Manner and Mode of Payment : 9.1 Manner of Payment: All payments to be made by the Company to the Bondholders dematerialized form or from the Application Form in case of allotment in physical form. The Applicant should note that in Application in whole or in part and in either case without assigning any reason thereof. In case of Applications where the
shall be made in any of the following manners: 9.2 Mode of Payment: All payments to be made by the Company to the case of allotment in dematerialized form, on the basis of the name of the Applicant, Depository Participant’s (DP) name, Application Form has not been duly completed, the Company reserves the sole right at its absolute discretion to reject the
Bondholders shall be made through any of the following modes:9.2.1 Cheques or Demand drafts : 9.2.2 National Depository Participants identification number and beneficiary account number provided by them in the Application Form, Application Form. Application would be liable to be rejected on one or more technical grounds, including but not restricted
4 INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED
 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS - TRANCHE 2
to: ● Number of Tranche 2 Bonds applied for is less than the minimum Application size; ● Applications not duly signed by the facility is not available, we reserve the right to adopt any other suitable mode of payment. The Company shall credit the 36. Issue of Letter of Allotment: Letter(s) of Allotment wil be dispatched at the sole risk of the Applicant, through
sole/joint Applicants; ● Application amount paid not tallying with the number of Tranche 2 Bonds applied for; ● Applications for a allotted Bond to the respective beneficiary accounts/dispatch the Letter(s) of Allotment or Letter(s) of Regret/ Refund registered post, within 10 weeks from the date of closure of the Issue, or such extended time as may be permitted under
number of Tranche 2 Bonds which is not in a multiple of one; ● Investor category not ticked; ● Bank account details not given; ● Orders in excess of Rs. 1,500, as the case may be, by registered post at the Applicant’s sole risk, within 10 weeks from the Applicable Laws.
Applications by persons not competent to contract under the Indian Contract Act, 1872, as amended, including a minor without date of closure of the Issue. Refund Orders up to Rs. 1,500 wil be sent under certificate of posting. Further, (a) Allotment 37. Utilisation of Application Money: The sums received in respect of the Issue wil be kept in the Escrow Account and we wil
a guardian name; ● In case of Applications under Power of Attorney where relevant documents not submitted; ● Application by of the Tranche 2 Bonds shall be made within 30 days of the Issue Closing Date; (b) credit to dematerialised accounts or have access to such funds after creation of security for the Tranche 2 Bonds as disclosed on page 118 in the Prospectus -
stockinvest; ● Applications accompanied by cash; ● Applications without PAN; and ● DP ID, Client ID and PAN mentioned in the dispatch of the Consolidated Bond Certificate, as applicable, wil be made within two Working Days from the date of Tranche 2.
Application Form do not match with the DP ID, Client ID and PAN available in the records with the depositories. The collecting Allotment; (c) the Company shall pay interest at 15% per annum if the Allotment has not been made and/ or the Refund 38. Undertaking by the Issuer: The Company undertakes that: (a) the complaints received in respect of the Issue shall be
bank shall not be responsible for rejection of the Application on any of the technical grounds mentioned above. Application form Orders have not been dispatched to the Applicants within 30 days from the date of the closure of the Issue, for any delay attended to by the Company expeditiously and satisfactorily; (b) the Company shall take necessary steps for the purpose
received after the closure of the Issue shall be rejected. In the event, if any Bond(s) applied for is/are not allotted, the Application beyond 30 days. The Company wil provide adequate funds to the Registrar to the Issue, for this purpose. of getting the Tranche 2 Bonds listed in the concerned stock exchange(s) within the specified time; (c) the funds required
monies of such Tranche 2 Bonds wil be refunded, as may be permitted under the provisions of applicable laws. 33. Filing of the Prospectus - Tranche 2 with the ROC: A copy of the Prospectus - Tranche 2 has been filed with the for dispatch of refund orders/Allotment letters/certificates by registered post shall be made available to the Registrar to the
31. Basis of Allotment : The Company shall finalise the Basis of Allotment in consultation with the Designated Stock Registrar of Companies, Tamil Nadu in terms of Sections 56 and 60 of the Companies Act. Issue by the Company; (d) necessary cooperation to the credit rating agency(ies) shall be extended in providing true and
Exchange. The executive director (or any other senior official) of the Designated Stock Exchange along with the Lead 34. Pre-Issue Advertisement: Subject to Section 66 of the Companies Act, the Company shall, on or before the Issue adequate information til the debt obligations in respect of the Tranche 2 Bonds are outstanding; (e) the Company shall
Managers and the Registrar shall be responsible for ensuring that the Basis of Allotment is finalised in a fair and proper Opening Date, publish a pre-Issue advertisement, in the form prescribed by the SEBI Debt Regulations, in one national forward the details of utilisation of the funds raised through the Tranche 2 Bonds duly certified by its statutory auditors, to
manner. Subject to the provisions contained in the Prospectus - Tranche 2, the Articles of Association of the Company and daily newspaper with wide circulation. the Debenture Trustee at the end of each half year; (f) the Company shall disclose the complete name and address of the
the approval of the Designated Stock Exchange, the Board wil proceed to Allot the Tranche 2 Bonds under the Prospectus 35. IMPERSONATION: Attention of the Applicants is specifically drawn to the provisions of sub-section (1) of Debenture Trustee in its annual report; (g) the Company shall provide a compliance certificate to the Debenture Trustee
– Tranche 2 as per section on Basis of Allotment on page 117 of the Prospectus - Tranche 2. Section 68 A of the Companies Act, which is reproduced below: “Any person who: (a) makes in a fictitious name, (on yearly basis) in respect of compliance with the terms and conditions of issue of Tranche 2 Bonds as disclosed in the
32. Letters of Allotment/ Refund Orders: The Company reserves, in its absolute and unqualified discretion and without an application to a company for acquiring or subscribing for, any shares therein, or (b) otherwise induces a Prospectus - Tranche 2 on page 119.
assigning any reason thereof, the right to reject any Application in whole or in part. The unutilised portion of the Application company to allot, or register any transfer of shares, therein to him, or any other person in a fictitious name, shall FOR FURTHER DETAILS, PLEASE REFER TO THE PROSPECTUS - TRANCHE 2
money wil be refunded to the Applicant by an account payee cheque/demand draft. In case the cheque payable at par be punishable with imprisonment for a term which may extend to five years.”
ISSUE MANAGEMENT TEAM
LEAD MANAGERS TO THE ISSUE REGISTRAR TO THE ISSUE

KOTAK MAHINDRA CAPITAL ENAM SECURITIES PRIVATE HDFC BANK LIMITED ICICI SECURITIES LIMITED JM FINANCIAL CONSULTANTS IDFC CAPITAL LIMITED* KARVY COMPUTERSHARE PRIVATE LIMITED
COMPANY LIMITED LIMITED Investment Banking Division, ICICI Centre, H.T. Parekh Marg PRIVATE LIMITED Naman Chambers, C-32 Plot no. 17-24,
st
1 Floor, Bakhtawar 801/ 802, Dalamal Towers st
1 Floor, A-Wing, Trade World, Kamla Mills Churchgate, 141 Maker Chambers III, G-Block, Bandra- Kurla Complex Vithalrao Nagar
229 Nariman Point Nariman Point Compound Senapati Bapat Marg, Mumbai 400 020 Nariman Point, Bandra (East), Mumbai 400 051 Madhapur,
Mumbai 400 021 Mumbai 400 021, India Lower Parel (West), Mumbai – 400 013 Tel: (91 22) 2288 2460 Mumbai - 400021 Tel: (91 22) 6622 2600 Hyderabad 500 081
Tel: (91 22) 6634 1100 Tel: (91 22) 6638 1800 Tel: (91 22) 4080 4108 Fax: (91 22) 2282 6580 Tel: (91 22) 6630 3050 Fax: (91 22) 6622 2501 Tel: (91 40) 2342 0815 - 24
Fax: (91 22) 2284 0492 Fax: (91 22) 2284 6824 Fax: (91 22) 4080 4114 Email: idfcbonds@icicisecurities.com Fax: (91 22) 2204 2137 E-mail: idfc.publicissue@idfc.com Fax: (91 40) 2343 1551
E-mail: idfc.debtissue@kotak.com E-mail: idfcbonds@enam.com Email:paresh.soni@hdfcbank.com Investor Grievance Email: Email: idfcbondissue2@jmfinancial.in Investor Grievance Email: Email: idfc_infra@karvy.com
Investor Grievance Email: Investor Grievance Email: Investor Grievance Email: customercare@icicisecurities.com Investor Grievance Email: complaints@idfc.com Investor Grievance Email:idfc_infra@karvy.com
kmccredressal@kotak.com complaints@enam.com investor.redressal@hdfcbank.com Website: www.icicisecurities.com grievance.ibd@jmfinancial.in Website: www.idfccapital.com Website: www.karvy.com
Website: www.kmcc.co.in Contact Person: Mr. Sumit Agarwal / Mr. Website: www.jmfinancial.in
Website: www.enam.com Website: www.hdfcbank.com
Vishal Kanjani Compliance Officer: Pritesh Dedhia Contact Person: M. Murali Krishna
Compliance Officer: Ajay Vaidya Compliance Officer: M. Natrajan Contact Person: Mr. Paresh Soni Contact Person: Ms. Lakshmi Lakshmanan Contact Person: Cyril Paul SEBI Registration No.: INR000000221
Contact Person: Chandrakant Bhole Contact Person: Sonal Sinha Compliance Officer: Mr. Manoj Nadkarni Compliance Officer: Mr. Subir Saha Compliance Officer: Mr. Chintal Sakaria
SEBI Registration. No.: INM000008704 SEBI Reg. No. INM000006856 SEBI Registration No.: INM000011179 SEBI Registration No.: INM000010361 SEBI Reg. No. INM000011336
SEBI Registration No.: INM000011252
IDFC Capital Limited, which is a subsidiary of the Company, shall only be involved in marketing of the Issue.
COMPLIANCE OFFICER : Mahendra N. Shah, Company Secretary, Naman Chambers, C-32, G-Block, Bandra-Kurla Complex, Bandra (East), Mumbai 400 051, Tel: (91 22) 4222 2000, Fax: (91 22) 2654 0354, Email: infrabond@idfc.com,
Investors may contact the Registrar to the Issue or the Compliance Officer in case of any pre-issue or post Issue related issues such as non-receipt of letters of allotment, demat credit or refund orders.
DEBENTURE TRUSTEE : IDBI Trusteeship Services Limited , Asian Building, Ground Floor, 17. R. Kamani Marg, Ballard Estate, Mumbai 400 001, Tel: (91 22) 4080 7022, Fax: (91 22) 6631 1776, E-mail: srikkanth.s@idbitrustee.co.in/brindha@ idbitrustee.co.in, Contact Person: Mr. Srikkanth S./Ms. Brindha V., SEBI Reg.
No. IND00000460 .
All the rights and remedies of the Bondholders under this Issue shall vest in and shall be exercised by the appointed Debenture Trustee for this Issue without having it referred to the Bondholders, subject to the terms of the Debenture Trust Deed. All investors under this Issue are deemed to have irrevocably given their authority and consent
to the Debenture Trustee so appointed by the Company for this Issue to act as their trustee and for doing such acts and signing such documents to carry out their duty in such capacity. Any payment by the Company to the Bondholders / Debenture Trustee, as the case may be, shall, from the time of making such payment, completely and
irrevocably discharge the Company pro tanto from any liability to the Bondholders. For details on the terms of the Debenture Trust Deed, please refer to the section titled “Terms of the Issue” on page 94 of the Prospectus - Tranche 2.
STATUTORY AUDITOR : Deloitte Haskins & Sells, Chartered Accountants, 12, Dr. Annie Besant Road, Opposite Shiv Sagar Estate, Worli, Mumbai 400 018, Tel: (91 22) 6667 9000, Fax: (91 22) 6667 9100,
CREDIT RATING AGENCY: ICRA Limited, Electric Mansion, 3rd Floor, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400 025, Tel: (91 22) 3047 0000, Fax: (91 22) 2433 1390, Email: karthiks@icraindia.com, Website: www.icra.in, Contact Person: Karthik Srinivasan; Fitch Ratings India Private Limited , Apeejay House,
6th Floor, 3 Dinshaw Vachha Road, Churchgate, Mumbai 400 020, Tel: (91 22) 4000 1700, Fax: (91 22) 4000 1701, Email: rajesh.patel@fitchratings.com, Website: www.fitchratings.com, Contact Person: Rajesh Patel,
LEGAL ADVISOR TO THE ISSUE : Amarchand & Mangaldas & Suresh A. Shroff & Co., Peninsula Chambers, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400 013, Tel: (91 22) 2496 4455, Fax: (91 22) 2496 3666,
BANKERS TO THE ISSUE: Axis Bank Limited , Fortune 2000, Ground Floor, Bandra-Kurla Complex, Bandra (East), Mumbai 400 051, Tel: (91 22) 6148 3111, 09167002303, Fax: (91 22) 3062 0069, Email:muneeb.tungekar@axisbank.com , Website: www.axisbank.com, Contact Person: Mr. Muneeb Tungekar, SEBI Reg No.:
INBI00000017; HDFC Bank Limited, FIG-OPS Department, Lodha, I Think Techno Campus, O – 3 Level, Next to Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai 400 042, Tel: (91 22) 3075 2928, Fax: (91 22) 2479 9801, Email: deepak.rane@hdfcbank.com, Website: www.hdfcbank.com, Contact Person: Deepak Rane SEBI Reg No.:
INBI00000063; ICICI Bank Limited, Capital Markets Division, 30, Mumbai Samachar Marg, Mumbai 400 001, Tel: (91 22) 6631 0322 /11, Fax: (91 22) 6631 0350/22611138, Email:anil.gadoo@icicibank.com, Website:www.icicibank.com, Contact Person: Anil Gadoo; SEBI Reg No.: INBI00000004; IDBI Bank Limited, Unit No.2, Corporate Park, Near
Swastik Chambers, Sion-Trombay Road, Chembur, Mumbai 400 071, Tel (91 22) 66908402, Fax (91 22) 66908424, Email mn.kamat@idbi.co.in, Website www.idbibank.com, Contact Person: M N Kamat, SEBI Reg. No. INBI00000076, Kotak Mahindra Bank Limited, Kotak Mahindra Bank Limited, Kotak Infiniti, 6th Floor, Building No. 21, Infinity Park, Off
Western Express Highway, General A. K. Vaidya Marg, Malad (E), Mumbai 400 064, Tel: (91 22) 6605 6631, Fax: (91 22) 6646 6906, Email: cmsipo@kotak.com, Website: www.kotak.com, Contact Person: Ibrahim Sharief , SEBI Reg. No.: INBI00000927
RISK FACTORS
You should carefully consider all the information in this Prospectus - Tranche 2, including the risks and uncertainties and telecommunications and information technology, other sectors such as the commercial and industrial infrastructure levels to NBFCs that are not IFCs, the restrictions applicable to us may impact our ability to obtain adequate funding
described below, and in the section entitled “Our Business” on page 49 as well as the financial statements contained sector and tourism have not progressed to the same degree. Further, since infrastructure services in India have from Indian banks. Further, our growth also increases the challenges involved in preserving a uniform culture,
in the Prospectus - Tranche 2, before making an investment in the Tranche 2 Bonds. The risks and uncertainties historically been provided by the central and state governments without charge or at a low charge to consumers, the values and work environment; and developing and improving our internal administrative infrastructure. Addressing
described in this section are not the only risks that we currently face. Additional risks and uncertainties not known to growth of the infrastructure industry will be affected by consumers’ income levels and the extent to which they would the challenges arising from our growth entails substantial senior level management time and resources and would
us or that we currently believe to be immaterial may also have an adverse effect on our business, results of operations be willing to pay or can be induced to pay for infrastructure services. This would depend, to a large extent, on the put significant demands on our management team and other resources. As we grow and diversify, we may not be
and financial condition. If any of the following or any other risks actually occur, our business, prospects, results of quality of services provided to consumers. If the quality of infrastructure services provided to consumers, over which able to implement, manage or execute our strategy efficiently in a timely manner or at all, which could adversely
operations and financial condition could be adversely affected and the price of, and the value of your investment in, we have no control, are not as desired, income from infrastructure services would decline. This would lead to a affect our business, prospects, results of operations, financial condition and reputation.
the Tranche 2 Bonds could decline and you may lose all or part of your investment. The financial and other related decrease in demand for infrastructure financing, which in turn could adversely affect our business and operations. If 5. Our growth strategy includes pursuing strategic alliances and acquisitions, which may prove difficult to
implications of risks concerned, wherever quantifiable, have been disclosed in the risk factors mentioned below. the central and state governments’ initiatives and regulations in the infrastructure industry do not proceed in the manage or may not be successful.: Part of our growth strategy includes pursuing strategic acquisitions and
However, there are certain risk factors where the effect is not quantifiable and hence has not been disclosed in such desired direction, or if there is any downturn in the macroeconomic environment in India or in specific sectors, our alliances. For instance, we have in the last few years acquired capabilities in investment banking, institutional
risk factors. The numbering of risk factors has been done to facilitate the ease of reading and reference, and does not business, prospects, results of operations and financial condition could be adversely affected. brokerage and public markets asset management through inorganic acquisitions. Although, as of the date hereof,
in any manner indicate the importance of one risk factor over another. You should not invest in this Issue unless you 3. As part of our growth strategy, we have diversified our business operations to increase the emphasis on we have not entered into any letter of intent, memorandum of understanding or other contract for any such acquisition
are prepared to accept the risk of losing all or part of your investment, and you should consult your tax, financial and fee-based revenue streams such as asset management, financial markets, and investment banking and or alliance, we continue to seek such strategic acquisitions in future. However, we cannot assure you that we will be
legal advisors about the particular consequences to you of an investment in the Tranche 2 Bonds. Unless otherwise advisory services. Our diversification led growth initiatives are susceptible to various risks that may limit able to consummate acquisitions or alliances on terms acceptable to us, or at all. In particular, an acquisition or
stated, our financial information used in this section is derived from our audited consolidated financial statements our growth and diversification.: Our business strategy involves substantial expansion of our current business alliance outside India may be subject to regulatory approvals which may not be received in a timely manner, or at all.
under Indian GAAP. lines, as well as diversification into new business areas. Our aim is to preserve our market position as an infrastructure In addition, we cannot assure you that the integration of any future acquisitions will be successful or that the
RISKS RELATING TO OUR BUSINESS lender of choice and to also increase the non-interest and fee-earning aspects of our business. Our growth initiatives expected strategic benefits or synergies of any future acquisitions or alliances will be realized. Acquisitions or alliances
1. Infrastructure financing carries certain risks which, to the extent they materialize, could adversely affect carry execution risks, and factors that may limit the success of our growth and diversification include: ● significant may involve a number of special risks, including, but not limited to: ● outflow of capital as consideration of acquisition
our business and result in our loans and investments declining in value.: Our business consists primarily of demands on our management as well as our financial, accounting and operating resources. As we grow and diversify, and temporary unavailability of capital for financing operations; ● adverse short-term effects on our reported operating
project finance, principal investments, asset management, financial markets and investment banking and advisory we may not be able to implement our business strategies effectively and our new initiatives could divert management results; ● higher than anticipated costs in relation to the continuing support and development of acquired companies
services, principally relating to the infrastructure sector in India. Infrastructure financing is characterized by project- resources from areas in which they could be otherwise better utilized; ● our inability to identify suitable projects in the or businesses; ● inheritance of litigation or claims; ● impact of acquisition financing on our financial position; ●
specific risks as well as general risks. These risks are generally beyond our control, and include: ● political, regulatory future, particularly for our principal investments, private equity, project equity and infrastructure development businesses. diversion of management’s attention; ● requirement of prior lender consent for acquisition; ● difficulties assimilating
and legal actions that may adversely affect project viability; ● interruption or disruption in domestic or international ● our limited experience in these new businesses, which may prevent us from competing effectively with established and integrating the processes, controls, facilities and personnel of the acquired business with our own;● covenants
financial markets, whether for equity or debt funds; ● changes in our credit ratings; ● changes in government and and new competitors in these areas. We will face significant competition from commercial banks, investment banks, that may restrict our business, such as non-compete clauses; and ● unanticipated liabilities or contingencies relating
regulatory policies; ● delays in implementation of government plans and policies; ● delays in obtaining regulatory private equity and venture capital firms and established infrastructure developers. As we seek to diversify our business to the acquired company or business. Further, such investments in strategic alliances and acquisitions may be long-
approvals for, and the construction and operation of, projects; ● adverse changes in market demand or prices for the operations, we will face the risk that some of our competitors may be more experienced in or have a deeper term in nature and may not yield returns in the short to medium term. We may from time to time evaluate and change
products or services that the project, when completed, is expected to provide; ● the unwillingness or inability of understanding of these businesses or have better relationships with potential clients; and ● diversified business our strategies related to such investments. Thus, our inability in managing alliances and acquisitions may have an
consumers to pay for infrastructure services; ● shortages of, or adverse price developments for, raw materials and operations may make forecasting revenue and operating results difficult, which impairs our ability to manage businesses adverse impact on business, liquidity and results of operations.
key inputs such as metals, cement, steel, oil and natural gas; ● unavailability of financing at favourable terms, or at all; and shareholders’ ability to assess our prospects. If we are unable to overcome these obstacles and are unsuccessful 6. Our access to liquidity is susceptible to adverse conditions in the domestic and global financial markets.:
● potential defaults under financing arrangements with our lenders and investors; ● potential defaults under financing in executing our diversification and growth strategy, our business, prospects, results of operations and financial Since the second half of 2007, the global credit markets have experienced, and may continue to experience,
arrangements with our borrowers or the failure of third parties to perform their contractual obligations;● emergence of condition could be adversely affected. Further, on June 23, 2010, the RBI classified our Company as an Infrastructure significant dislocations and liquidity disruptions, which have originated from the liquidity disruptions in the United
strong or large competitors eligible for benefits that we are not eligible for;● adverse developments in the overall Finance Company, or IFC. In order to maintain such status, we are required to keep a minimum percentage of total States and the European credit and sub-prime residential mortgage markets. During fiscal 2009, we had to operate
economic environment in India; ● adverse liquidity, interest rate or currency exchange rate fluctuations or changes in assets continuously deployed in infrastructure loans. This may restrain us from diversifying in and developing other in a liquidity crunch, especially during September, October and November 2008, and had fewer opportunities to
financial or tax regulations; and ● economic, political and social instability or occurrences such as natural disasters, business segments. finance or provide services to the infrastructure sector, resulting in a considerable slowdown in our business activities
armed conflict and terrorist attacks, particularly where projects are located or in the markets they are intended to 4. If we are unable to manage our rapid growth effectively, our business, prospects, results of operations during fiscal 2009. These and other related events, such as the collapse of a number of financial institutions, have
serve. To the extent these or other risks relating to our activities in the infrastructure sector materialize, the quality of and financial condition could be adversely affected.: Our business has grown rapidly since we began operations had and continue to have a significant adverse impact on the availability of credit and the confidence of the financial
our asset portfolio and our business, prospects, results of operations and financial condition could be adversely in 1997. From fiscal 2008 to fiscal 2010, our balance sheet, total income and profit after tax on a consolidated basis markets, globally as well as in India. There can be no assurance that we will be able to secure additional financing
affected. increased at a compounded annual growth rate of 9.5 per cent., 20.3 per cent. and 19.6 per cent., respectively. We required by us on adequate terms or at all. In response to such developments, legislators and financial regulators in
2. The private infrastructure development industry in India is still at a relatively early stage of development intend to continue to grow our business rapidly, which could place significant demands on our operational, credit, the United States and other jurisdictions, including India, have implemented a number of policy measures designed
and is linked to the continued growth of the Indian economy, the sectors on which we focus, and stable and financial and other internal risk controls. Our growth may also exert pressure on the adequacy of our capitalization, to add stability to the financial markets. However, the overall impact of these and other legislative and regulatory
experienced regulatory regimes.: Although infrastructure is a rapidly growing sector in India, we believe that the making management of asset quality increasingly important. Our asset growth will be primarily funded by the issuance efforts on the global financial markets is uncertain, and they may not have the intended stabilising effects. Furthermore,
further development of India’s infrastructure is dependent upon the formulation and effective implementation of of new debt and occasionally, new equity. We may have difficulty obtaining funding on suitable terms or at all. As we pre-emptive actions taken by the RBI in response to the market conditions in the second half of fiscal 2009, especially
programs and policies that facilitate and encourage private sector investment in infrastructure. Many of these programs are a systemically important non-deposit accepting NBFC and do not have access to deposits, our liquidity and the provision of liquidity support and a reduction in policy rates, may not continue in the future and there can be no
and policies are evolving and their success will depend on whether they are designed to properly address the issues profitability are dependent on timely and adequate access to capital, including borrowings from banks. Increase in assurance that we will be able to access the financial markets for liquidity if needed. In the event that the current
faced and are effectively implemented. Additionally, these programs will need continued support from stable and debt would lead to leveraging the balance sheet, exerting pressure on the financial covenants that we are required to difficult conditions in the global credit markets continue or if there are changes in statutory limitations on the amount
experienced regulatory regimes that not only stimulate and encourage the continued movement of private capital maintain under our various loan agreements. We cannot assure you that we would continue to be in compliance with of liquidity we must maintain or if there is any significant financial disruption, such conditions could have an adverse
into infrastructure development, but also lead to increased competition, appropriate allocation of risk, transparency, loan agreements’ conditions. Any default under a loan agreement may lead to an adverse impact on our financial effect on our business, prospects, results of operations and financial condition.
effective dispute resolution and more efficient and cost-effective services to the end consumer. The availability of condition and results of operations. The exposure (both lending and investment, including off balance sheet exposures) 7. We have significant exposure to certain sectors and to certain borrowers and if certain assets become
private capital and the continued growth of the infrastructure development industry in India are also linked to continued of a bank to IFCs cannot exceed 15.0 per cent. (the “Specified Exposure Limit”) of the bank’s capital funds as per non-performing, the quality of our asset portfolio may be adversely affected.: As of September 30, 2010, our
growth of the Indian economy. Many specific factors within each industry sector may also influence the success of the such bank’s last audited balance sheet. Banks may, however, assume exposures to IFCs up to 20.0 per cent. three largest sector-wise exposures were in the energy, telecommunications and information technology and
projects within those sectors, including changes in policies, regulatory frameworks and market structures. Any sudden provided, however, that a bank’s exposure in excess of the Specified Exposure Limit is on account of funds on-lent by transportation sectors, which in the aggregate constituted 89.8 per cent. of our total exposure of Rs. 621,651.9
and adverse change in the policies relating to sectors, in which we intend to invest, may leave us with unutilized the IFCs to the infrastructure sector. Banks may also fix internal limits for their aggregate exposure to all NBFCs million, followed by the commercial and industrial infrastructure and other sectors, which constituted 10.2 per cent.
capital and interest and debt obligations to fulfil. While there has been progress in sectors such as energy, transportation (including IFCs) put together. Although the Specified Exposure Limit is in excess of the permitted bank exposure
INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED 5
 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS - TRANCHE 2
Additionally, our concentration within these sectors was also significant. Any negative trends or adverse developments we generally have a first ranking charge on the project assets. For loans provided on a subordinated basis, we that we will not achieve our objectives within the estimated time period, or at all. Any inability to effectively develop or
in the energy, transportation, telecommunications and information technology and the commercial and industrial generally have a second ranking charge on the project assets. Although we seek to maintain a collateral value to loan operate the projects, which we are developing or expect to develop, could adversely affect our business, prospects,
infrastructure sectors, particularly those that may affect our large borrowers, could increase the level of non-performing ratio of at least 100.0 per cent. for our secured loans, an economic downturn or the other project risks described in results of operations and financial condition.
assets in our portfolio and adversely affect our business and financial performance. For the foreseeable future, we this section could result in a fall in collateral values. Moreover, foreclosure of such collateral may require court or 20. Any infrastructure projects we develop will require significant capital expenditure for which we will
expect to continue to have a significant concentration of assets in these sectors and to certain borrowers. Further, as tribunal intervention that may involve protracted proceedings and the process of enforcing security interests against require additional capital. If we are unable to obtain the necessary funds on acceptable terms, our growth
of September 30, 2010, our ten largest single borrowers in the aggregate accounted for 25.8 per cent. of our total collateral can be difficult. Additionally, the realizable value of our collateral in liquidation may be lower than its book plans could be adversely affected.: Our funding requirements for infrastructure projects that we seek to develop
exposure and our ten largest borrower groups in the aggregate accounted for 45.0 per cent. of our total exposure. value. Further, a significant portion of our outstanding disbursements were made on a non-recourse or limited recourse through IDFC Projects Limited are likely to be substantial, and our ability to finance these plans are subject to a
Credit losses on our significant single borrower and group exposures could adversely affect our business and financial basis. With respect to disbursements made on a non-recourse basis, only the related project assets are available to number of risks, contingencies and other factors, some of which are beyond our control, including availability of
performance and the price of our Bonds. In addition, at present a majority of our income is in the form of interest repay the loan in the event the borrowers are unable to meet their obligations under the loan agreements. With liquidity, general economic and capital markets conditions and our ability to obtain financing on acceptable terms, in
income received from our borrowers. Any default by our large borrowers may have an adverse impact on our liquidity respect to disbursements made on a limited recourse basis, project sponsors generally give undertakings for funding a timely manner, or at all. Furthermore, adverse developments in the Indian credit markets or a reduced perception
position and results of operations. shortfalls and cost overruns. We cannot guarantee that we will be able to realize the full value of our collateral, due to, in the credit markets of our creditworthiness could increase our debt service costs and the overall cost of our funds.
8. As a consequence of our being regulated as an NBFC and an IFC, we will have to adhere to certain among other things, defects in the perfection of collateral, delays on our part in taking immediate action in bankruptcy Additionally, due to the number of large scale infrastructure projects currently under development in India and increased
individual and borrower group exposure limits under RBI regulations. : In addition to being a public financial foreclosure proceedings, stock market downturns, claims of other lenders, legal or judicial restraint and fraudulent lending by banks and financial institutions to such projects, we may not be able to receive adequate debt funding on
institution under the Companies Act, since August 2006 our Company has been regulated by the RBI as an NBFC transfers by borrowers. In the event a specialized regulatory agency gains jurisdiction over the borrower, creditor commercially reasonable terms. We cannot assure you that debt or equity financing or our internal accruals will be
and as a systemically important non-deposit accepting NBFC pursuant to a notification dated December 13, 2006. In actions can be further delayed. In addition, to put in place an institutional mechanism for the timely and transparent available or sufficient to meet our capital expenditure requirements. Our ability to obtain the required capital on
terms of the Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve restructuring of corporate debt, the RBI has devised a corporate debt restructuring system. The applicable RBI acceptable terms is subject to a variety of uncertainties, including: ● limitations on our ability to incur additional debt,
Bank) Directions, 2007, as amended (the “Prudential Norms Regulations”) our Company was required to change the guidelines envisage that for debt amounts of Rs. 100.0 million and above, where recovery suits have been filed by including as a consequence of regulatory and contractual restrictions and prospective lenders’ evaluations of our
manner of calculating its exposure limits. In the past, our Company had exceeded the exposure limits for individual the creditors, lenders constituting at least 60.0 per cent. of the total number of lenders and holding more than creditworthiness and pursuant to restrictions on incurrence of debt in our existing and anticipated credit facilities; ●
and borrower groups in certain cases and a letter to ensure compliance with the exposure norms was issued to our 75.0 per cent. of such debt can decide to restructure the debt and such a decision would be binding on the remaining limitations on our ability to raise capital in the capital markets and conditions of the Indian, U.S. and other capital
Company by the RBI. Further, on June 23, 2010, our Company has been classified as an IFC by the RBI, which lenders. In situations where other lenders constitute 60.0 per cent. of the total number of lenders and own more than markets in which we may seek to raise funds; and ● our future results of operations, financial condition and cash
classification is subject to certain conditions including 75.0 per cent. of the total assets of such NBFC being deployed 75.0 per cent. of the debt of a borrower, we could be required by the other lenders to agree to restructure the debt, flows. Any inability to raise sufficient capital, or any delays in raising capital, to fund our infrastructure projects could
in infrastructure loans (as defined under the Prudential Norms Regulations), net owned funds of Rs. 3,000.0 million regardless of our preferred method of settlement. Any failure to recover the expected value of collateral security could adversely affect our business, prospects, results of operations and financial condition.
or more, a minimum credit rating of “A” or an equivalent credit rating of CRISIL, FITCH, CARE or ICRA or any other expose us to a potential loss. Apart from the RBI guidelines, we may be a part of a syndicate of lenders the majority 21. Material changes in the regulations that govern us could adversely affect our business and
accrediting rating agency and a capital to risk-weighted asset ratio of 15.0 per cent. As an IFC, our single borrower of whom elect to pursue a different course of action than we would have chosen. Any such unexpected loss could competitiveness.: We are subject to the Companies Act and are subject to detailed supervision and regulation by
limit for infrastructure lending is 25.0 per cent. compared to 20.0 per cent. for an NBFC that is not an IFC, and our adversely affect our business, prospects, results of operations and financial condition. the RBI and by the SEBI for certain of our activities. In addition, we are subject generally to changes in Indian law, as
single group limit for infrastructure lending is 40.0 per cent. compared to 35.0 per cent. for an NBFC that is not an IFC. 15. As an infrastructure lending institution, we have received certain tax benefits in the past as a result of the well as to changes in regulation and government policies and accounting principles. We also receive certain benefits
Our Company’s inability to continue being classified as an IFC may impact our growth and expansion plans by type of lending operations we conduct. These benefits are gradually being made unavailable, which could from being notified as a public financial institution under the Companies Act and by virtue of operating in the infrastructure
affecting our competitiveness in relation to our Company’s competitors. In the event that our Company is unable to adversely affect our profits.: We, as well as infrastructure projects that we finance, have benefited from certain tax sector. Any amendments or other changes to the regulations governing us may require us to restructure our activities
comply with the exposure norms within the specified time limit, or at all, we may be subject to regulatory actions by the regulations and incentives that accord favourable treatment to infrastructure-related activities. As a consequence, and/or incur additional expenses in complying with such laws and regulations and could materially and adversely
RBI including the levy of fines or penalties and/or the cancellation of our registration as an NBFC or IFC. Our our operations have been subject to relatively low tax liabilities. In fiscal 2008, 2009 and 2010, our effective tax rates affect our business, financial condition and results of operations. Further, our Company has recently been classified
Company cannot assure you that it may not breach the exposure norms in the future. Any levy of fines or penalties or (net of deferred tax) were 24.8 per cent., 26.9 per cent. and 25.7 per cent., respectively, compared to the marginal as an IFC, which entitles our Company to certain benefits, such as relaxed exposure norms, access to external
the cancellation of our registration as an NBFC or IFC by the RBI due to the breach of exposure norms may adversely rate of tax of 33.99 per cent. in each of these three fiscal years, including applicable surcharges and cess that would commercial borrowings under the automatic route up to a certain percentage and increased access to lending by
affect our business, prospects, results of operations and financial condition. At present, certain of our business and have been applicable to us if these benefits were not made available to us. We cannot assure you that we would banks. However, classification as an IFC is also subject to certain conditions including 75.0 per cent. of the total
expansion plans are contingent upon our IFC status, and could be affected in the event we are unable to maintain continue to be eligible for such lower tax rates or any other benefits. In addition, it is likely that the Direct Tax Code, assets of such NBFC being deployed in infrastructure loans (as defined under the Prudential Norms Regulations),
IFC status. Further, as an IFC, we will have to constantly monitor our Company’s compliance with the necessary once introduced, could significantly alter the taxation regime, including incentives and benefits, applicable to us or net owned funds of Rs. 3,000.0 million or more, minimum credit rating of “A” or an equivalent credit rating of CRISIL,
conditions, which may hinder our future plans to diversify into new business lines. Pursuant to current regulations on other infrastructure development activities. If the laws or regulations regarding the tax benefits applicable to us or the FITCH, CARE or ICRA or any other accrediting rating agency and CRAR of 15.0 per cent. Our Company’s inability to
prudential norms issued by the RBI, our Company is required to comply with other norms such as capital adequacy, infrastructure sector as a whole were to change, our taxable income and tax liability may increase, which would continue being classified as an IFC may impact our growth and expansion plans by affecting our competitiveness.
credit concentration and disclosure norms along with reporting requirements. We cannot assure you that we will be adversely affect our financial results. Additionally, if such tax benefits were not available, infrastructure projects could 22. We are subject to credit, market and liquidity risks, and if any such risks were to materialize, our credit
able to continue to comply with such norms, and non-compliance, if any, may subject us to regulatory action. be considered less attractive which could negatively affect the sector and be detrimental to our business, prospects, ratings and our cost of funds could be adversely affected.: To the extent any of the instruments and strategies
9. We are affected by volatility in interest rates for both our lending and treasury operations, which could results of operations and financial condition. we use to hedge or otherwise manage our exposure to market or credit risks are not effective, we may not be able to
cause our net interest income to decline and adversely affect our return on assets and profitability.: Our 16. Our income and profit from our public markets asset management and project equity business is largely mitigate effectively our risk exposures in particular market environments or against particular types of risks. Our
business is dependent on interest income from our infrastructure loans. Accordingly, we are affected by volatility in dependent on the value and composition of assets under management, which may decline because of trading revenues and interest rate risk are dependent upon our ability to properly identify, and mark to market,
interest rates in our lending operations. Being a non-deposit accepting NBFC, our Company is exposed to greater factors outside our control. : Our income and profit from our public markets asset management and project equity changes in the value of financial instruments caused by changes in market prices or rates. Our earnings are dependent
interest rate risk compared to banks or deposit accepting NBFCs. Interest rates are highly sensitive to many factors business is dependent on the total value and composition of assets under our management (“AUM”), as our upon the effectiveness of our management of migrations in credit quality and risk concentrations, the accuracy of our
beyond our control, including the monetary policies of the RBI, deregulation of the financial sector in India, domestic management fees are usually calculated as a percentage of the AUM. Any decrease in the value or composition of valuation models and our critical accounting estimates and the adequacy of our allowances for loan losses. To the
and international economic and political conditions and other factors. Due to these factors, interest rates in India have AUM will cause a decline in our income and profit. The AUM may decline or fluctuate for various reasons, many of extent our assessments, assumptions or estimates prove inaccurate or are not predictive of actual results, we could
historically experienced a relatively high degree of volatility. If interest rates rise we may have greater difficulty in which are outside our control. Factors that could cause the AUM and income to decline include the following: ● incur higher than anticipated losses. The successful management of credit, market and operational risk is an important
maintaining a low effective cost of funds compared to our competitors which may have access to low-cost deposit Declines in the Indian equity markets: The AUM for our equity funds, and, to a lesser extent, our balanced/hybrid consideration in managing our liquidity risk because it affects the evaluation of our credit ratings by rating agencies.
funds. Further, in case our borrowings are linked to market rates, we may have to pay interest at a higher rate as funds are concentrated in the Indian equity markets. As such, declines in the equity markets or the market segments Rating agencies may reduce or indicate their intention to reduce the ratings at any time. For example, one of the
compared to other lenders. Fluctuations in interest rates may also adversely affect our treasury operations. In a rising in which our investment portfolios are concentrated will cause AUM to decline. The equity markets in India are rating agencies had downgraded our debt grading from AAA to AA+ in July, 2009 and there can be no assurance that
interest rate environment, especially if the rise were sudden or sharp, we could be adversely affected by the decline volatile, which contributes and will continue to contribute to fluctuations in our AUM. ● Changes in interest rates and we may not experience such downgrade in the future. The rating agencies can also decide to withdraw their ratings
in the market value of our securities portfolio and other fixed income securities. In addition, the value of any interest defaults: Many of our funds invest in fixed income securities, including short-term money market instruments. The altogether, which may have the same effect as a reduction in our ratings. Any reduction in our ratings (or withdrawal
rate hedging instruments we may enter into in the future would be affected by changes in interest rates. When value of fixed income securities may decline as a result of changes in interest rates, an issuer’s actual or perceived of ratings) may increase our borrowing costs, limit our access to capital markets and adversely affect our ability to sell
interest rates decline, we are subject to greater repricing and prepayment risks as borrowers take advantage of the creditworthiness or an issuer’s ability to meet its obligations. ● Redemptions and withdrawals: Clients, in response to or market our products, engage in business transactions, particularly longer-term and derivatives transactions, or
attractive interest rate environment. When assets are repriced, our spread on our loans, which is the difference market conditions, inconsistent or poor investment performance, the pursuit of other investment opportunities, or any retain our customers. This, in turn, could reduce our liquidity and negatively impact our operating results and financial
between our average yield on loans and our average cost of funds, could be affected. During periods of low interest other factors, may reduce their investments in our funds or potential clients may avoid the market segments in which condition. In addition, as an IFC, banks’ exposures to us are risk-weighted in accordance with the ratings assigned to
rates and high competition among lenders, borrowers may seek to reduce their borrowing cost by asking lenders to our funds are concentrated. In a declining market, the price of redemptions may accelerate rapidly. Most of our equity the Company by the rating agencies registered with the SEBI and accredited by the RBI. Our classification as an IFC
reprice loans. If we reprice loans, our results may be adversely affected in the period in which the repricing occurs. If and balanced/hybrid funds are open-ended funds, such that clients can redeem their units any time. Some of our is dependent upon the credit rating we obtain and maintain. Although we believe that we have adequate risk
borrowers prepay loans, the return on our capital may be impaired as any prepayment premium we receive may not income and liquid closed-ended funds have a short duration, so after the life of the fund, clients may choose not to management policies and procedures in place, we may still be exposed to unidentified or unanticipated risks, which
fully compensate us for the redeployment of such funds elsewhere. Further, the majority of the loans provided by us reinvest in our funds and seek alternative forms of savings. If any of our funds face a lack of liquidity, although we could lead to material losses.
are long-term in nature and may not have escalation clauses and may be on a fixed rate basis. Any increase in have no legal obligation to do so, in order to protect the IDFC brand name, we may need to provide monies to such 23. Our consolidated contingent liabilities not provided for could adversely affect our financial condition.: As
interest rates over the duration of such loans may result in us losing interest income. Our inability to effectively and funds. Further, as compared to our other businesses, the public markets asset management involves direct interaction of March 31, 2010, we had consolidated contingent liabilities not provided for of Rs. 11,161.2 million, including
efficiently manage interest rate variations may adversely affect our result of operations and profitability. with retail customers who are sensitive to our brand image. Retail customers may, in response to any negative Rs. 6,896.6 mil ion of capital commitments and Rs. 2,801.2 mil ion of financial guarantees. We also had Rs. 723.7 mil ion
10. We cannot assure you that we will be able to adequately manage our interest rate risk in the future, and perception of our brand image, reduce their investments in our funds or avoid the market segments in which our of contingent liabilities on account of income tax disputes. If these contingent liabilities fully materialize, our financial
our inability to do so may have an adverse effect on our net interest income. We could face asset-liability funds are concentrated or choose not to reinvest in our funds and seek alternative forms of savings, all of which could condition could be adversely affected. For further details of our contingent liabilities, please see the section titled
mismatches, which could affect our liquidity position.: Our asset-liability management policy categorizes all adversely affect our business, prospects, results of operations, financial condition and reputation. The rates for “Financial Statements” beginning on page F-1 of the Prospectus - Tranche 2
interest rate sensitive assets and liabilities into various time period categories according to contracted residual maturities management fees differ depending on the type of fund and product. For example, fee levels for equity and balanced/ 24. Our success is dependent upon our management team and skilled personnel and our ability to attract
or anticipated repricing dates, as may be relevant in each case. The difference between the value of assets and hybrid funds are generally higher than the fee levels for income and liquid funds. Fee levels for debt funds vary and retain such persons.: Our future performance will be affected by the continued service of our management
liabilities maturing, or being repriced, in any time period category provides the measure to which we are exposed to significantly depending on market conditions and the type of fund. Accordingly, the composition of AUM also substantial y team and our ability to attract and retain skilled personnel. We also face a continuing challenge to recruit and retain
the risk of potential changes in the margins on new or repriced assets and liabilities. Despite the existence of such affects the level of our income. Further, regulatory intervention on the entry and exit loads and the fees chargeable a sufficient number of suitably skilled personnel, particularly as we utilize the experienced understanding of our
measures, our liquidity position could be adversely affected by the development of an asset-liability mismatch, which under different schemes, have been considerable in the recent past. We cannot assure you that such actions would management of risks and opportunities associated with our business, and continue to grow and broaden our business
could have an adverse effect on our business, prospects, results of operations, financial condition and asset quality. not continue in future. Any such actions may limit our income, increase expenses and may have a material adverse activities. Our diversification strategy with its emphasis on principal investments, loan syndication, institutional brokerage,
11. The infrastructure financing industry is becoming increasingly competitive and our growth will depend effect on our profitability and results of operations. The amount of expenses funds can charge is also usually based asset management and investment banking, and corporate and advisory services, requires highly qualified and
on our ability to compete effectively.: Competition in our industry depends on, among other things, the ongoing on a percentage of AUM. Any expense incurred by us in excess of the pre-determined percentage that can be skil ed personnel. There is significant competition in India for such personnel, and it may be difficult to attract, adequately
evolution of Government policies relating to the industry, the entry of new participants into the industry and the extent charged to the funds would be met by the AMC. Accordingly, the value of AUM also can affect the level of our compensate and retain the personnel we need in the future. We do not maintain a “key man” insurance policy.
to which there is consolidation among banks, financial institutions and NBFCs in India. Our primary competitors are operating expenses. In addition, excluding any distribution costs, most of our costs do not vary directly with AUM or Inability to attract and retain appropriate managerial personnel, or the loss of key personnel could adversely affect
public sector banks, private banks (including foreign banks), financial institutions and other NBFCs. Many of our income. As a result, our operating margins may fluctuate by a higher percentage than changes in income. our business, prospects, results of operations and financial condition.
competitors may have larger resources or balance sheet sizes than us. Additionally, since our Company is a non- 17. Our investment funds business is subject to a number of risks and uncertainties.: Our subsidiary IDFC 25. Foreign currency lending or borrowing will expose us to fluctuations in foreign exchange rates.:
deposit accepting NBFC, we may have restricted access to capital in comparison to banks. Our ability to compete Private Equity Company Limited is the investment manager for three funds and manages a corpus of Rs. 59,918 We are affected by adverse movements in foreign exchange rates to the extent they affect our borrowers negatively,
effectively is dependent on our ability to maintain a low effective cost of funds. With the growth of our business, we million. However, the corpus of one of the funds was reduced by USD 56 million by a resolution of the investors dated which may in turn adversely affect the quality of our exposure to these borrowers. As of September 30, 2010, we had
are increasingly reliant on funding from the debt markets and commercial borrowings. The market for such funds is November 9, 2010. The formal documentation to effect this is in the process of being finalized. For more details of foreign currency borrowings of U.S. $ 454.8 million. While we currently seek to hedge foreign currency exposures, as
competitive and our ability to obtain funds on acceptable terms or at all will depend on various factors including our these funds, please see the section titled “Business - Alternative Asset Management” on page 59 of the Prospectus - our business grows and we seek greater amounts of foreign currency funds (for example, as an IFC, we have greater
ability to maintain our credit ratings. If we are unable to access funds at an effective cost that is comparable to or Tranche 2. Existing and potential investors in our funds continually assess our investment funds’ performance, and access to external commercial borrowings), we could be exposed to a greater extent to fluctuations in foreign currency
lower than our competitors, we may not be able to offer competitive interest rates for our infrastructure loans. This is our ability to raise capital for future investment funds will depend on our investment funds’ continued satisfactory rates. Volatility in foreign exchange rates could adversely affect our business, prospects, results of operations and
a significant challenge for us, as there are limits to the extent to which higher costs of funds can be passed on to performance. Fiscal 2010 witnessed low levels of activity in the performance of our investment funds. If any of our financial condition.
borrowers, thus potentially affecting our net interest income. We also face significant competition in the public markets investment funds were to perform poorly, the value of our assets under management would decrease. This would 26. We are involved in certain legal proceedings that, if determined against us, could adversely impact our
asset management, investment banking and institutional brokerage and infrastructure development businesses which also result in a reduction in our management and incentive fees and carried interest. Moreover, we could experience business and financial condition. : We are subject to certain significant legal proceedings that could adversely
we have acquired or established over the last few years. Our competitors in these businesses may be substantially losses on our investments as principal as a result of poor investment performance by our investment funds. This impact our business and financial condition. These include: ● We are involved in a number of disputes pending with
larger and may have considerably greater financing resources than those available to us. Also, some of our competitors could adversely affect our ability to expand our funds business, which is one of the key elements of our strategy. the Income Tax Department with respect to income tax assessments for the assessment years 1997-1998, 1999-
may have greater technical, marketing and other resources and greater experience in these businesses. Such Further, any adverse regulatory action in relation to the investment fund business or the sector in which we have 2000, 2000-2001, 2001-2002, 2002-2003, 2003-2004, 2004-2005, 2005-2006, 2006-2007, 2007-2008 and 2008-
competitors also compete with us for management and other human resources and operational resources and investments may have an adverse impact on our business and results of operations. Thus, if we are unable to 2009. The aggregate income tax liability in dispute is Rs. 723.7 million. ● In fiscal 2004, we sanctioned and disbursed
capital. manage foreseeable and unforeseen risks and uncertainties in our investment management, it could affect our a loan of Rs. 300 million to Data Access (India) Limited (“DAIL”) for use in connection with its Internet service provider
12. We make equity investments, which can be volatile and may not be recovered. : As of September 30, 2010, overall profitability and performance. business. As a result of a promoter dispute and a winding up petition filed by one of DAIL’s promoters, the High Court
the book value of our quoted equity investments accounted for 0.8 per cent. of our total assets. The value of these 18. If the investment strategy for any of our funds goes out of favour with our clients, our income and profit of Delhi on November 18, 2005 awarded a winding up order against DAIL and appointed an official liquidator (the
investments depends on the success of the operations and management and continued viability of the investee may be materially adversely affected.: Our investment strategy in relation to any of our funds could go out of “Official Liquidator”) to take charge of DAIL’s assets. As security against the loan, we hold a number of shares in DAIL.
entities. We may have limited control over the operations or management of these entities and some of these favour with our clients for a number of reasons, such as our inability to formulate an appropriate investment strategy, However, a group of new investors filed a suit against us seeking to prevent us from selling DAIL’s shares held by the
investments are unlisted, offering limited exit options. Therefore, our ability to realize expected gains as a result of our incorrect presumption about risks and benefits, underperformance relative to market indices, competition or other Company, and the Madras High Court subsequently passed a temporary order preventing us from disposing of our
equity investments is highly dependent on factors outside of our control. Write-offs or write-downs in respect of our factors. If our investment strategies were to go out of favour with our clients, it could potentially cause our clients to shareholding in DAIL. On August 26, 2005, the Company filed a recovery petition in the Debt Recovery Tribunal, New
equity portfolio could adversely affect our business, prospects, results of operations, financial condition and asset reduce the assets that we manage for them. However, it should be noted that the clients make firm commitments and Delhi against the guarantors under the loan to DAIL, namely Siddharth Ray and SPA Enterprises Limited for recovery
quality. can only default in payment of their contributions, in which case the Company has the ability to forfeit units already of an amount aggregating to Rs. 314.10 million. In November 2008, the aforesaid guarantors filed application for stay
13. If the level of non-performing assets in our portfolio were to increase, our business will be adversely subscribed by them and allot the balance unsubscribed units to other eligible investor(s), subject to Company finding of proceedings before the Debt Recovery Tribunal which has been dismissed. The matter is pending. In February
affected.: As of September 30, 2010, our gross and net non-performing loans were Rs. 797.3 million and Rs. 428.6 such investor(s). Our inability to formulate new investment strategies or offer new products promptly if market conditions 2008, the Company filed an application against DAIL and Canara Bank for recovery of Rs. 465.40 million in the Debt
million, respectively. These represent 0.2 per cent. and 0.1 per cent. of our total loan assets, respectively. Our change or new opportunities arise also may adversely affect the growth of our AUM. A decrease in our AUM may Recovery Tribunal, New Delhi. The Company prayed for issuing of a certificate of recovery in its favour by the Debt
provision for contingencies of 1.6 per cent. of total loan assets as of September 30, 2010 may not be indicative of the have a material adverse effect on our business, prospects, results of operations and financial condition. Recovery Tribunal. Canara Bank has filed its written statement alleging that the Company does not have first charge
expected quality of our asset portfolio if risks affecting a significant portion of our exposure were to materialize or 19. We have a limited history with respect to acting as an infrastructure developer and we are subject to all over the book debts and receivables of DAIL. The Company filed its rejoinder to the written statement in November
general economic conditions deteriorate. We expect the size of our asset portfolio to continue to increase in the of the business risks and uncertainties associated with commencing a new business in general, and with 2009. The matter is pending. ● Following Vodafone International Holdings BV’s (“Vodafone”) agreement with Hutchison
future, and we may have additional non-performing assets on account of these new loans and sectoral exposures. If infrastructure development in particular. : We established IDFC Projects Limited in 2007, to act as an infrastructure Telecommunications International Limited (“HTIL”) for the acquisition of a controlling stake in Hutchison Essar Limited
we are not able to prevent increases in our level of non-performing assets, our business, prospects, results of developer. However, we have very limited experience in developing infrastructure projects and, as of the date of this (“HEL”), an organization called the Telecom Watchdog filed a civil writ petition before the High Court of Delhi alleging
operations, financial condition and asset quality could be adversely affected. Prospectus - Tranche 2, we have a majority interest in a company which is setting up a 1,050 MW coal-fired power breach of the 74% sectoral cap for foreign direct investment by Vodafone in HEL. The Government, along with 21
14. Failure to recover the expected value of collateral when borrowers default on their obligations to us may plant in Chhattisgarh. Our success as an infrastructure developer will depend, among other things, on our ability to other entities, including our Company was made respondents under this writ petition. The petitioner has alleged that
adversely affect our financial performance.: As of September 30, 2010, most of our loans were secured by project attract and retain talented and experienced personnel and to build relationships with partners and co-developers. We SMMS Investments Private Limited (which was held 49% by the Company, 49% by IDF (now 100% is held by IDF)
assets. For debt provided on a senior basis (comprising 99.0 per cent. of the value of our outstanding disbursements), may not have control over joint ventures incorporated for undertaking infrastructure projects. Additionally, we are and 2% by SSKI Corporate Finance Limited) holds its 61.60 % investment in Omega Telecom Holdings Private
subject to all of the business risks and uncertainties associated with any new business enterprise, including the risk Limited (which in turn held 5.11% equity interest in HEL) as a nominee of HTIL. On May 7, 2007, the Ministry of
6 INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED
 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS - TRANCHE 2
Finance, Government approved the acquisition of a controlling stake in HEL by Vodafone. However on May 10, 2007 has caused difficulties in these projects. Continued difficulties in obtaining reliable, timely supply of natural gas could Tranche 2 Bonds, which may trade at a discount to the price at which you purchase the Tranche 2 Bonds. Moreover,
Telecom Watchdog filed an application before the High Court of Delhi for the revival of the civil writ petition. The High adversely affect some of the projects we finance and could impact the quality of our asset portfolio and our business, the price of the Tranche 2 Bonds on the Stock Exchanges may fluctuate after this Issue as a result of several other
Court of Delhi issued revival notice and granted liberty to Telecom Watchdog to amend the writ petition. Telecom prospects, results of operations and financial condition. factors.
Watchdog filed writ petition involving Vodafone also as a party. The matter is pending. Further, in the past, IDFC 32. Financial instability in other countries could disrupt our business.: The Indian market and the Indian 39. The legal regime in respect of issue of long term infrastructure bonds has been recently introduced and
Capital Limited and IDFC Securities Limited have received show-cause notices from the SEBI and income tax economy are influenced by economic and market conditions in other countries. Although economic conditions are its efficiency is yet to be established.: The legal regime in relation to issue of long term infrastructure bonds was
authorities. Pursuant to a letter dated October 29, 2009, the RBI has stated that the erstwhile SSKI Corporate different in each country, investors’ reactions to developments in one country can have adverse effects on the introduced in the Finance Bill of 2010, along with the tax benefits upon investment. Pursuant to a notification dated
Finance Private Limited (now IDFC Capital Limited) has been in contravention of certain regulations under FEMA. economy as a whole, in other countries, including India. A loss of investor confidence in the financial systems of other July 9, 2010, the Ministry of Finance issued terms and conditions required for issuance of long term infrastructure
Pursuant to a letter dated February 9, 2010, IDFC Capital Limited has submitted an application for compounding emerging markets may cause volatility in Indian financial markets and indirectly, in the Indian economy in general. bonds. We cannot assure you that the tax benefits offered for investment in long term infrastructure bonds would be
which was heard on June 25, 2010 and the compounding amount of Rs. 500,000 has been paid. For further details, Any worldwide financial instability could also have a negative impact on the Indian economy, including the movement continued in future. Further, we cannot assure you that any other company would be issuing infrastructure bonds in
please see the section titled “Outstanding Litigations and Default” on page 87 of the Prospectus - Tranche 2 of exchange rates and interest rates in India. In the event that the current difficult conditions in the global credit future and that a market for infrastructure bonds would be develop in future.
27. We have debt agreements which contain restrictive covenants, placing limitations on us.: Some debt markets continue or if the recovery is slower than expected or if there any significant financial disruption, this could 40. There is no guarantee that the Tranche 2 Bonds issued pursuant to this Issue will be listed on NSE and
agreements entered into by the Company contain restrictive covenants including certain restrictions relating to the have an adverse effect on our cost of funding, loan portfolio, business, prospects, results of operations and financial BSE in a timely manner, or at all.: In accordance with Indian law and practice, permissions for listing and trading of
diversification of our business. These restrictions may impede the growth of our business. We have recently secured condition. the Tranche 2 Bonds issued pursuant to this Issue will not be granted until after the Tranche 2 Bonds have been
our outstanding borrowings by a floating charge over our receivables. Any inability to comply with the provisions of 33. Political instability or changes in the Government could adversely affect economic conditions in India issued and allotted. Approval for listing and trading will require all relevant documents authorising the issuing of
our debt agreements and any consequent action taken by our lenders, including an enforcement of the security, may and consequently, our business.: The Government has traditionally exercised and continues to exercise a significant Tranche 2 Bonds to be submitted. There could be a failure or delay in listing the Tranche 2 Bonds on the Stock
adversely affect our business, prospects, results of operations and financial condition. influence over many aspects of the economy. Since 1991, successive governments have pursued policies of economic Exchanges.
28. Our transition to IFRS reporting could have a material adverse effect on our reported results of operations and financial sector liberalisation and deregulation and encouraged infrastructure projects. The new Government, 41. You may not be able to recover, on a timely basis or at all, the full value of the outstanding amounts and/
or financial condition.: Public companies in India, including us, may be required to prepare annual and interim which came to power in May 2009, is headed by the Indian National Congress and is a coalition of several political or the interest accrued thereon in connection with the Tranche 2 Bonds.: Our ability to pay interest accrued on
financial statements under IFRS in accordance with the roadmap for the adoption of, and convergence with, IFRS parties. Although the previous Governments had announced policies and taken initiatives that supported the economic the Tranche 2 Bonds and/or the principal amount outstanding from time to time in connection therewith would be
announced by the Ministry of Corporate Affairs, Government, through the press note dated January 22, 2010 (the liberalisation programme pursued by previous governments, the policies of the subsequent Governments may change subject to various factors inter-alia including our financial condition, profitability and the general economic conditions
“Press Release”) and the clarification thereto dated May 4, 2010 (together with the Press Release, the “IFRS the rate of economic liberalisation. A significant change in the Government’s policies in the future, particularly in in India and in the global financial markets. We cannot assure you that we would be able to repay the principal
Convergence Note”). Pursuant to the IFRS Convergence Note, NBFCs which are part of the Nifty 50 or Sensex 30 or respect of the banking and finance industry and the infrastructure sector, could affect business and economic conditions amount outstanding from time to time on the Tranche 2 Bonds and/or the interest accrued thereon in a timely
have a net worth in excess of Rs. 10,000.0 million as per the audited balance sheet as at March 31, 2011, or the first in India. This could also adversely affect our business, prospects, results of operations and financial condition. manner, or at all. Although our Company will create appropriate security in favour of the Debenture Trustee for the
balance sheet for accounting periods which ends after that date, are required to convert their opening balance sheet 34. If regional hostilities, terrorist attacks or social unrest in India increases, our business could be adversely Bondholders on the assets adequate to ensure 100% asset cover for the Tranche 2 Bonds, the realizable value of
as at April 1, 2013 in compliance with the notified accounting standards to be converged with IFRS. We have not yet affected.: India has from time to time experienced social and civil unrest and hostilities within itself and with neighbouring the Secured Assets, when liquidated, may be lower than the outstanding principal and/or interest accrued thereon in
determined with any degree of certainty what impact the adoption of IFRS will have on our financial reporting. Our countries. India has also experienced terrorist attacks in some parts of the country. In November 2008, several connection with the Tranche 2 Bonds. A failure or delay to recover the expected value from a sale or disposition of the
financial condition, results of operations, cash flows or changes in shareholders’ equity may appear materially different coordinated terrorist attacks occurred across Mumbai, India’s financial capital, which resulted in the loss of life, Secured Assets could expose you to a potential loss.
under IFRS than under Indian GAAP or our adoption of IFRS may adversely affect our reported results of operations property and business. These hostilities and tensions and/or the occurrence of similar terrorist attacks have the 42. Debenture Redemption Reserve (“DRR”) would be created up to an extent of 50% for the Tranche 2
or financial condition. For example, IFRS may not permit us to recognise revenues on a percentage of completion potential to cause political or economic instability in India and adversely affect our business and future financial Bonds.: The Department of Company Affairs General Circular No.9/2002 No.6/3/2001-CL.V dated April 18, 2002
method and accordingly we may be required to restate our historical financial information and commence recognising performance. Further, India has also experienced social unrest in some parts of the country. If such tensions occur in specifies that NBFCs which are registered with the RBI under Section 45-IA of the Reserve Bank of India Act, 1934
revenues only when construction is completed and a unit is sold. This may have a material adverse effect on the other parts of the country, leading to overall political and economic instability, it could have an adverse effect on our shall create DRR to the extent of 50 per cent. of the value of the debentures issued through public issue. Therefore
amount of income recognised during that period and in the corresponding (restated) period in the comparative fiscal business, prospects, results of operations and financial condition. the Company will be maintaining debenture redemption reserve to the extent of 50% of the Tranche 2 Bonds issued
year/period. In addition, in our transition to IFRS reporting, we may encounter difficulties in the ongoing process of 35. Natural calamities could have a negative impact on the Indian economy and could cause our business to and the Bondholders may find it difficult to enforce their interests in the event of or to the extent of a default.
implementing and enhancing our management information systems. Moreover, our transition may be hampered by be adversely affected.: India has experienced natural calamities such as earthquakes, floods and drought in the 43. Any downgrading in credit rating of our Tranche 2 Bonds may affect our the trading price of the Tranche
increasing competition and increased costs for the relatively small number of IFRS-experienced accounting personnel recent past. The extent and severity of these natural disasters determine their impact on the Indian economy. In 2 Bonds: The Tranche 2 Bonds proposed to be issued under this Issue have been rated ‘LAAA’ from ICRA and
available as more Indian companies begin to prepare IFRS financial statements. previous years, many parts of India received significantly less than normal rainfall. As a result, the agricultural sector AAA(ind) from Fitch. We cannot guarantee that this rating will not be downgraded. The ratings provided by ICRA may
RISKS RELATING TO THE INDIAN ECONOMY recorded minimal growth. Prolonged spells of below normal rainfall in the country or other natural calamities could be suspended, withdrawn or revised at any time. Any revision or downgrading in the above credit rating may lower
29. A slowdown in economic growth in India could cause our business to be adversely affected.: We and have a negative impact on the Indian economy, thereby affecting our business. the value of the Tranche 2 Bonds and may also affect the Company’s ability to raise further debt.
most of our subsidiaries are incorporated in India, and substantially all of our assets and employees are located in 36. Difficulties faced by other banks, financial institutions or NBFCs or the Indian financial sector generally 44. The Bondholders are required to comply with certain lock-in requirements : The Bondholders are required
India. As a result, we are highly dependent on prevailing economic conditions in India and our results of operations could cause our business to be adversely affected.: We are exposed to the risks of the Indian financial sector to hold the Tranche 2 Bonds for a minimum period of five years before they can sell the same or utilise the buy-back
are significantly affected by factors influencing the Indian economy. Any slowdown in economic growth in India could which in turn may be affected by financial difficulties and other problems faced by Indian financial institutions. Certain option offered by the Company. This may lead to a lack of liquidity for the Bondholders during such periods (whether
adversely affect us, including our ability to grow our asset portfolio, the quality of our assets, and our ability to Indian financial institutions have experienced difficulties during recent years particularly in managing risks associated before or after the expiry of the Lock-in Period). Additionally, after the Lock-in Period, the Company will provide for
implement our strategy. In recent years, India has been one of the fastest growing major economies in the world, with their portfolios and matching the duration of their assets and liabilities, and some co-operative banks have also buyback of the Series 1 Tranche 2 Bonds and Series 2 Tranche 2 Bonds on the Buyback Date in a manner as
recording a GDP growth rate at factor cost of 9.0 per cent. or higher in each of fiscal 2006, 2007 and 2008. faced serious financial and liquidity crises. Any major difficulty or instability experienced by the Indian financial sector prescribed in Prospectus - Tranche 2. Other than on the Buyback Date, no Bondholder will be permitted to require a
Macroeconomic conditions resulted in GDP growth rates at factor cost declining to 6.7 per cent. in fiscal 2009 and 6.1 could create adverse market perception, which in turn could adversely affect our business, prospects, results of buyback of the Series 1 Tranche 2 Bonds and Series 2 Tranche 2 Bonds by the Company. In the event that a
per cent. in the first quarter of fiscal 2010. The Central Statistics Office’s (Ministry of Statistics and Programme operations and financial condition. Bondholder of Series 1 Bonds and/or Series 2 Tranche 2 Bonds who has not opted for the buyback facility upfront in
Implementation) estimates suggest that the GDP growth rate at factor cost in fiscal 2010 will have been approximately RISKS RELATING TO THE BONDS the Application Form fails to inform the Company during the Buyback Intimation Period of his or her intention to utilize
7.4 per cent. The current uncertain economic situation, in India and globally, could result in a further slowdown in 37. The Bonds are classified as “Long Term Infrastructure Bonds” and eligible for tax benefits under Section the buyback facility offered by the Company, such Series 1 Tranche 2 Bonds and/or Series 2 Tranche 2 Bonds held
economic growth, investment and consumption. A further slowdown in the rate of growth in the Indian economy could 80CCF of the Income Tax Act up to an amount not exceeding Rs. 20,000 per annum. In the event that your by such Bondholder shall not be bought back by the Company on the Buyback Date. In such a case, a Bondholder
result in lower demand for credit and other financial products and services and higher defaults. Any slowdown in the investment in the Bonds exceeds Rs. 20,000 per annum, you shall be eligible for benefits under Section may after the expiry of the Lock-in Period sell or dispose of those Series 1 Tranche 2 Bonds and/or Series 2 Tranche
growth or negative growth of sectors where we have a relatively higher exposure could adversely impact our 80CCF of the Income Tax Act only for an amount up to Rs. 20,000 per annum.: 2 Bonds on the Stock Exchanges. In the event that a Bondholder of Series 1 Tranche 2 Bonds and/or Series 2
performance. Any such slowdown could adversely affect our business, prospects, results of operations and financial The Bonds are classified as “long term infrastructure bonds” and are being issued in terms of Section 80CCF of the Tranche 2 Bonds who has opted for the buyback facility upfront in the Application Form, fails to inform the Company
condition. Income Tax Act and the Notification. In accordance with Section 80CCF of the Income Tax Act, the amount, not during the Buyback Intimation Period of his or her intention not to utilise the buyback facility offered by the Company,
30. Increased volatility or inflation of commodity prices in India could adversely affect the Company’s exceeding Rs. 20,000 per annum, paid or deposited as subscription to long-term infrastructure bonds during the such Series 1 Tranche 2 Bonds and/or Series 2 Tranche 2 Bonds shall be compulsorily bought back by the Company
business.: In recent months, consumer and wholesale prices in India have exhibited marked inflationary trends, with previous year relevant to the assessment year beginning April 01, 2011 shall be deducted in computing the taxable on the Buyback Date.
particular increases in the prices of food, metals and crude oil. Inflation measured by the Wholesale Price Index income of a Resident Individual or HUF. In the event that any Applicant applies for the Bonds in excess of Rs. 20,000 45. Changes in interest rates may affect the price of the Company’s Tranche 2 Bonds.: All securities where a
increased from 1.31% at March 31, 2009 to 11.04% at March 31, 2010. Any increased volatility or rate of inflation of per annum, the aforestated tax benefit shall be available to such Applicant only to the extent of Rs. 20,000 per fixed rate of interest is offered, such as the Company’s Tranche 2 Bonds, are subject to price risk. The price of such
global commodity prices, in particular oil and steel prices, could adversely affect the Company’s borrowers and annum. Subscription to additional Bonds will not be eligible for deduction from taxable income. securities will vary inversely with changes in prevailing interest rates, i.e. when interest rates rise, prices of fixed
contractual counterparties. This may lead to slowdown in the growth of the infrastructure and related sectors could 38. There has been no prior public market for the Tranche 2 Bonds and it may not develop in the future, and income securities fall and when interest rates drop, the prices increase. The extent of fall or rise in the prices is a
adversely impact the Company’s business, financial condition and results of operations. the price of the Tranche 2 Bonds may be volatile: The Tranche 2 Bonds under this Prospectus – Tranche 2 have function of the existing coupon, days to maturity and the increase or decrease in the level of prevailing interest rates.
31. Significant shortages in the supply of crude oil or natural gas, and other raw materials, could adversely no established trading market. Moreover, the Tranche 2 Bonds issued in this Issue are subject to statutory lock-in for Increased rates of interest, which frequently accompany inflation and/or a growing economy, are likely to have a
affect the Indian economy and the infrastructure sector, which could adversely affect us.: a period of five years from the date of Allotment. No trading market would exist or be established for the Tranche 2 negative effect on the price of the Company’s Tranche 2 Bonds.
In fiscal 2009, India imported approximately 128.2 million tonnes of crude oil. Crude oil prices are volatile and prices Bonds issued in this Issue for the Lock-In Period despite the Tranche 2 Bonds being listed on NSE and BSE. Even 46. Payments made on the Tranche 2 Bonds is subordinated to certain tax and other liabilities preferred by
have risen in recent years due to a number of factors such as the level of global production and demand and political after the expiry of the Lock-in Period, there can be no assurance that a public market for these Tranche 2 Bonds law.: The Tranche 2 Bonds wil be subordinated to certain liabilities preferred by law such as to claims of the Government
factors such as war and other conflicts, particularly in the Middle East. In June 2010, the Government eliminated would develop. The proposed tax changes to the income tax regime by introduction of the draft Direct Tax Code on account of taxes, and certain liabilities incurred in the ordinary course of the Company’s trading or banking
subsidies on petroleum products, which will significantly increase the price of gasoline, diesel and kerosene. Any (“DTC”) may result in extinguishment of benefits available under Section 80CCF of the Income Tax Act. This may transactions. In particular, in the event of bankruptcy, liquidation or winding-up, the Company’s assets will be available
significant increase in oil prices could adversely affect the Indian economy, including the infrastructure sector, and the result in no further issuance of the Bonds after DTC is approved by the Government of India. Although an application to pay obligations on the Tranche 2 Bonds only after all of those liabilities that rank senior to these Tranche 2 Bonds
Indian banking and financial system. Prices of other key raw materials, for example steel, coal and cement, have also has been made to list the Tranche 2 Bonds on NSE and BSE, there can be no assurance that an active public market have been paid. In the event of bankruptcy, liquidation or winding-up, there may not be sufficient assets remaining,
risen in recent years and if the prices of such raw materials approach levels that project developers deem unviable, for the Tranche 2 Bonds will develop, and if such a market were to develop, there is no obligation on us to maintain after paying amounts relating to these proceedings, to pay amounts due on the Tranche 2 Bonds. Further, there is no
this will result in a slowdown in the infrastructure sector and thereby reduce our business opportunities, our financial such a market. The liquidity and market prices of the Tranche 2 Bonds can be expected to vary with changes in restriction on the amount of debt securities that the Company may issue that ranks above the Tranche 2 Bonds. The
performance and our ability to implement our strategy. In addition, natural gas is a significant input for infrastructure market and economic conditions, our financial condition and prospects and other factors that generally influence issue of any such debt securities may reduce the amount recoverable by investors in the Tranche 2 Bonds upon the
projects, particularly those in the energy sector. India has experienced delays in the availability of natural gas which market price of Tranche 2 Bonds. Such fluctuations may significantly affect the liquidity and market price of the Company’s bankruptcy, winding-up or liquidation.
GENERAL INFORMATION For further details please refer to the section titled “Capital Structure” on page 34 of the Prospectus - Tranche 2. For List sector enterprise by a consortium of public and private investors and listed our Equity Shares in India pursuant
Infrastructure Development Finance Company Limited: The Company was incorporated as a public company of top 10 holders of Equity Shares,Compulsorily Convertible Cumulative Preferences Shares, Non Convertible Debentures to an initial public offering in August 2005. Following the listing of our Equity Shares, we steadily broadened our
with limited liability in the Republic of India under the Companies Act, on January 30, 1997. and Commercial Paper of the Company, please refer section titled “Capital Structure” on page 34 of the Prospectus - business activities from project financing and government advisory to cover a wide spectrum of financial
Registered Office: KRM Tower, 8th Floor, No. 1, Harrington Road , Chetpet, Chennai 600 031 Tranche 2. intermediation services. Since our second major capital raising in July 2007 through a qualified institutions
Corporate Office: Naman Chambers, C-32, G-Block, Bandra-Kurla Complex, Bandra (East), Mumbai 400 051 Long Term Debt - equity ratio: The long term debt to equity ratio of the Company prior to this Issue is based on placement of our equity shares raising approximately Rs. 21,000.0 million, we have continued to grow and
Registration: Corporate Identification Number: L65191TN1997PLC037415 issued by the Registrar of a total long term outstanding debt of Rs. 300,565.1 million, and shareholders’ funds amounting to Rs. 110,271.4 diversify our business and revenue streams through a mix of organic as well as inorganic growth, including
Companies, Chennai, Tamil Nadu. Certification of incorporation dated January 30, 1997 and certificate of million which was 2.7 times as on November 30, 2010. The long term debt to equity ratio post the Issue under acquisitions. In July 2010, we raised approximately Rs. 35,000.0 million on an aggregate basis, through a
commencement of business dated February 13, 1997.Certification of Registration no.B-07-00718 dated April this Prospectus – Tranche 2 and all pervious and subsequent tranches, (assuming full subscription of Rs. qualified institutions placement of our equity shares and a preferential allotment of our compulsorily convertible
25, 2002 issued by the RBI allowing the Company to commence/ carry on the business of non-banking financial 29,289.6 million) is 3.0 times, based on a total long term outstanding debt of Rs. 329,854.7 million and cumulative preference shares. On November 12, 2010, we raised Rs. 4,710.4 million on an aggregate basis,
institution, under section 45-IA of the RBI Act.Certificate of Registration dated June 23, 2010 issued by the RBI shareholders’ fund (as on November 30, 2010) of Rs. 110,271.4 million. through the first tranche of the public issue of Bonds in terms of Prospectus – Tranche 1. The Government has
reclassifying the Company as Infrastructure Finance Company, under section 45-IA of the RBI Act. OBJECTS OF THE ISSUE identified infrastructure development as a key priority in its five year plans. The Eleventh Five Year Plan (Fiscal
Credit Rating and Rationale : ICRA has vide its letter no. 2010-11/MUM/617 dated August 31, 2010, and Issue Proceeds: The Company has filed this Prospectus - Tranche 2 for a public issue of the Tranche 2 Bonds 2008 to 2012) envisages investments of U.S. $514.04 billion in the infrastructure sector. Given the scale of
revalidated through letter dated December 14, 2010, assigned a rating of LAAA to the Tranche 2 Bonds proposed not exceeding Rs. 29,289.64 million for the financial year 2010-2011. The funds raised through this Issue will be investment required, we expect a substantial proportion of the investment to be met through private financing or
to be issued by the Company, pursuant to the Shelf Prospectus including the Tranche 2 Bonds issued under this utilized towards “infrastructure lending” as defined by the RBI in the regulations issued by it from time to time, PPP. We believe that given our history, capabilities and financial strength, we are well placed to benefit from
Prospectus - Tranche 2. This rating of the Tranche 2 Bonds indicates stable outlook and is the highest credit after meeting the expenditures of, and related to, the Issue. The Tranche 2 Bonds will be in the nature of debt these opportunities, particularly with the increasingly conducive policy and regulatory environment in India for
quality rating assigned by ICRA. For details in relation to the rationale for the credit rating, please refer to the and will be eligible for capital allocation and accordingly will be utilized in accordance with statutory and regulatory infrastructure development. In this connection, we have been reclassified by the RBI as an Infrastructure Finance
Annexure to this Prospectus - Tranche 2. Fitch has vide its letter no. 075/IDFC/BAN/2010-11 dated December requirements including requirements of the RBI and the Ministry of Finance.The main objects clause of the Company, or IFC, which, among other things will allow us to diversify our borrowings, access long-term funds to
16, 2010 assigned a rating of AAA(ind) to the Tranche 2 Bonds proposed to be issued by the Company, pursuant Memorandum of Association of the Company permits the Company to undertake its existing activities as well as a greater extent and give us the flexibility to increase our exposures to borrowers and groups.We classify our
to this Prospectus - Tranche 2 for an aggregate amount not exceeding Rs. 29,289.64 million. This rating of the the activities for which the funds are being raised through this Issue. Further, in accordance with the SEBI Debt business into the following four broad platforms, through which we not only provide project finance but also
Tranche 2 Bonds indicates stable outlook. For details in relation to the rationale for the credit rating, please refer Regulations, the Company will not utilize the proceeds of the Issue for providing loans to or acquisition of arrange and facilitate the flow of private capital to infrastructure development by creating appropriate structures
to the Annexure to this Prospectus - Tranche 2. shares of any person who is a part of the same group as the Company or who is under the same management and financing vehicles for a wide range of market participants: ● Corporate Finance and Investment Banking,
Issue Programme: The Issue shall remain open for subscription during banking hours for the period indicated as the Company or any subsidiary of the Company.The Issue proceeds shall not be utilized towards full or part which includes our project finance, principal investments and treasury operations, as well as the investment
below, except that the Issue may close on such earlier date or be extended to such date as may be decided by consideration for the purchase or any other acquisition, inter alia by way of a lease, of any property. banking business of IDFC Capital and the institutional brokerage business of IDFC Securities, which were
the Board subject to necessary approvals. In the event of an early closure or extension of the Issue, the Company Monitoring of Utilization of Funds: There is no requirement for appointment of a monitoring agency in terms acquired in 2007; ● Public Markets Asset Management, which comprises the mutual funds business that we
shall ensure that notice of the same is provided to the prospective investors through newspaper advertisements of the SEBI Debt Regulations. The Board of Directors of the Company shall monitor the utilisation of the proceeds acquired from Standard Chartered Bank in 2008; ● Alternative Asset Management, which includes our private
at least three days prior to such earlier or extended date of Issue closure. of the Issue. The Company will disclose in the Company’s financial statements for the relevant financial year asset management and project management businesses; and ● Advocacy and Nation Building, through which
ISSUE OPENS ON : January 17, 2011 ISSUE CLOSES ON: February 4, 2011 commencing from FY 2011, the utilization of the proceeds of the Issue under a separate head along with we remain actively involved in providing policy formulation and advocacy, institutional capacity building to structure
CAPITAL STRUCTURE details, if any, in relation to all such proceeds of the Issue that have not been utilized thereby also indicating public-private partnerships, government transaction advisory services and corporate social responsibility initiatives.
Details of share capital: The share capital of the Company as at the date of this Prospectus - Tranche 2 is set investments, if any, of such unutilized proceeds of the Issue. The Company shall also file these along with term ● These business platforms are supported by a shared services platform that includes information technology,
forth below: sheets to the Infrastructure Division, Department of Economic Affairs, Ministry of Finance, within three months human resources, legal and compliance, secretarial services, risk management, finance and facilities. Our clients
Amount (Rs. in millions) from the end of financial year. include prominent participants in infrastructure development in India and our product portfolio caters to the
Authorised share capital STATEMENT OF TAX BENEFITS: A. TAX BENEFITS TO RESIDENT BOND HOLDERS: Under Sections diverse needs of these clients across all layers of the capital structure. Our main focus has been on the energy,
4,000,000,000 Equity Shares of Rs. 10 each 40,000 80CCF, 80C, 80CCC, 80CCD, 80CCE, 197(1),15G, 197A(1A), 197A(1B) , 197A(1C) , 2(29A), 2(42A) , 112 of transportation and the telecommunications and information technology sectors, and we expect to see continued
100,000,000 Preference Shares of Rs.100 each 10,000 the I.T . Act. B. WEALTH TAX: Under section 2(ea) of the Wealth-tax Act, 1957. C. GIFT TAX: Gift-tax is not growth and significant financing opportunities in these sectors. Our business has grown rapidly in recent years.
Issued, subscribed and paid up share capital levied on gift of Tranche 2 Bonds in the hands of the donor as well as the donee. Our balance sheet, total income and profit after tax, on a consolidated basis, grew at a compounded annual
OUR BUSINESS: Overview:We believe that we are a leading knowledge-driven financial services company in growth rate of 9.5 per cent., 20.3 per cent. and 19.6 per cent., respectively, from fiscal 2008 to fiscal 2010. As of
1,460,765,398 Equity Shares of Rs. 10 each, fully paid up 14,607.6 India and play a central role in advancing infrastructure development in the country. We provide a full range of September 30, 2010, our gross and net non-performing loans were Rs. 797.3 million and Rs. 428.6 million,
84,000,000 compulsorily convertible cumulative Preference financing solutions to our clients and believe that we distinguish ourselves from other financiers by having respectively. These represent 0.2 per cent. and 0.1 per cent. of our total loan assets, respectively. Our capital to
Shares of Rs. 100 each, fully paid up 8,400 developed extensive domain knowledge of infrastructure in India. We operate as a professionally managed risk-weighted asset ratio as of September 30, 2010 was 24.7 per cent. Our consolidated return on average total
Securities premium account 47539.4 commercial entity with the objective of maximizing shareholder value. We were established in 1997 as a private
INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED 7
 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF
assets in fiscal 2010 was 3.4 per cent and was 3.5 per cent as on September 30, 2010. Our long term borrowings STOCK MARKET DATA FOR EQUITY SHARES AND DEBENTURES OF THE COMPANY: 1. Equity Shares:
have been rated LAAA by ICRA and AAA (ind) by Fitch, which are the highest credit ratings awarded by these The Company’s Equity Shares are listed on the BSE and NSE. As the Company’s shares are actively traded on
rating agencies. In view of our historical and intended growth and the increasingly interconnected nature of our the BSE and NSE, stock market data has been given separately for each of these Stock Exchanges. a. The high
businesses, in fiscal 2010 we launched the ‘One Firm’ initiative, which seeks to forge our identity and brand and low closing prices recorded on the BSE and NSE during the last three years and the number of Equity
across our various platforms and businesses. We believe that this initiative will enable us to emerge as a better Shares traded on the days the high and low prices were recorded are stated below. NSE: Year ended March 31;
aligned and integrated firm that presents a unified value proposition to our clients. High (Rs.); Date of High; Volume on date of high (no. of shares); Low (Rs.); Date of Low; Volume on
HISTORY AND MAIN OBJECTS : Our Company was incorporated as a public limited company on January 30, date of low (no. of shares); Average price for the year (Rs.): 2010; 178.00; November 18, 2009; 11,574,838;
1997 with its registered office at Chennai and commenced business activities on February 13, 1997. IDFC was 57.60; April 1; 9,071,380; 139.81; 2009; 180.70; May 2, 2008; 7,602,559; 44.80; March 12; 10,650,948; 90.52;
conceptualised to lead private capital to commercially viable infrastructure projects. Towards this objective, 2008; 232.50; January 1, 2008; 9,187,155; 78.25; April 3; 3,032,386; 154.94; Source: www.nse-india.com The
IDFC would nurture and develop bankable projects and create innovative instruments that unbundle and mitigate average price has been computed based on the daily closing price of Equity Shares. BSE : Year ended March 31;
the risks for investors in the infrastructure sector. IDFC’s role is to complement existing institutions undertaking High (Rs.); Date of High; Volume on date of high (no. of shares); Low (Rs.); Date of Low; Volume on
infrastructure financing with focus on strengthening market mechanisms where these were evolving or had date of low (no. of shares); Average price for the year (Rs.):2010; 177.40; November 18, 2009; 2,079,930;
failed to develop. IDFC also works closely with the GOI and the state governments on conceptualizing and 57.55; April 1; 2,375,552; 139.76; 2009; 179.90; May 2, 2008; 2,185,415; 44.70; March 12; 16,117,046; 90.53;
formulating policies that would be conducive for private sector participation in the infrastructure sector. For 2008; 232.10; January 2, 2008; 1,586,915; 78.05; April 3; 1,149,090; 154.89; Source: www.bseindia.com. The
details regarding the Main Objects of the Company , please refer page 66 of the Prospectus - Tranche 2. average price has been computed based on the daily closing price of Equity Shares. b. The high and low prices
Material Agreements: Other than the agreements in relation to this Issue, the Company has not entered into and volume of Equity Shares traded on the respective dates during the last six months are as follows: NSE :
material agreements which are not in the ordinary course of business. Month Year; High (Rs.); Date of High; Volume on date of high (No. of Equity Shares); Low (Rs.); Date
of Low; Volume on date of low (No. of Equity Shares); Average price for the month (Rs.): December
OUR MANAGEMENT
Board of Directors : Name :Designation: Deepak S. Parekh, DIN: 00009078, Address: Ramon House, 169 2010; 188.80; December 1, 2010; 4,449,712; 165.20; December 9, 2010; 10,354,469; 177.43; November
Backbay Reclamation, Mumbai 400 020, Occupation: Professional;Non-Executive Chairman; Bimal Julka, 2010; 215.55; November 5, 2010; 1,278, 224; 180.15; November 26, 2010; 10; 7,667,848; 196.07; October
DIN: 03172733, Address: D-I/89, Rabindra Nagar, New Delhi – 110 003 , Occupation: Service ; Non-Executive 2010; 212.60; October; 13, 2010; 8,066,088; 198.85; October 20, 2010; 3,866,358; 205.60; September 2010;
Director, nominee of GoI; S. S. Kohli, DIN: 00169907, Address: S-376, 1st Floor, Panchsheel Park, New 206.35; September 24, 2010; 9,907,778; 179.75; September 3, 2010; 1,933,964; 193.06; August 2010; 189.75;
Delhi 110 017, Occupation: Professional; Non-Executive Director, nominee of GoI; Abdul Rahim Abu Bakar, August 26, 2010; 3,017,125; 166.00; August 20; 5,882,078; 183.11; July 2010; 196.35; July 16, 2010; 15,025,232;
DIN: 02436358, Address: UEM Builders Berhad, 15-1, Mercu UEM, Jalan Stesen Sentral 5, Kuala Lumpur 177.05; July 1; 11,942,058; 187.24. Source: www.nse-india.com. The average price has been computed based
Sentral, 50470 Kuala Lumpur, Malaysia, Occupation: Company Executive; Non-Executive Director, nominee on the daily closing price of Equity Shares. BSE : Month Year; High (Rs.); Date of High; Volume on date of
of Domestic Institutions and Foreign Investors; Dimitris Tsitsiragos, DIN: 02612228; Address: International high (No. of Equity Shares); Low (Rs.); Date of Low; Volume on date of low (No. of Equity Shares);
Finance Corporation, 2121 Pennsylvania Avenue, NW, Washington DC 20433, USA, Occupation: Company Average price for the month (Rs.): December 2010; 189.15; December 1, 2010; 710,046; 164.85; December
Executive; Non-Executive Director, nominee of Domestic Institutions and Foreign Investors; S. H. Khan, DIN: 9, 2010; 2,901,467; 177.35; November 2010; 215.65; November 5, 2010; 318,120; 180.40; November 26,
00006170, Address: 181, Antariksha, 95/96, Kaka Saheb Gadgil Marg, Prabhadevi, Mumbai 400 025, 2010; 1,648,141; 196.06; October 2010; 212.50; October 13, 2010; 1,306,100; 198.85; October 20, 2010;
Occupation: Professional; Independent Director; Gautam Kaji, DIN: 02333127, Address: 7222 Farm Meadow 594,839; 205.51; September 2010; 206.00; September 24, 2010; 2,624,269; 179.70; September 3, 2010;
Court #302, Mc Lean VA 22101, Washington, USA, Occupation: Professional; Independent Director; Donald 179,743; 192.89; August 2010; 189.80; August 25, 2010; 507,965; 175.30; August 31; 355,213; 183.06; July
Peck, DIN: 00140734, Address: Flat No.314, 8 Dean Ryle St, London SW1P 4DA, United Kingdom, Occupation: 2010; 195.80; July 16, 2010; 1,472,698; 176.70; July 1; 22634,802; 187.03. Source: www.bseindia.com. The
Professional; Independent Director; Shardul Shroff, DIN: 00009379, Address: Amarchand & Mangaldas & average price has been computed based on the daily closing price of Equity Shares.
Suresh A. Shroff & Co., Amarchand Towers No.3, 216, Okhla Industrial Estate, Phase 3, New Delhi 110 020, II. Debentures: Debt securities issued by the Company, which are listed on NSE are infrequently traded with
Occupation: Professional; Independent Director; Omkar Goswami, DIN: 00004258, Address: CERG Advisory limited or no volumes. Consequently, there has been no material fluctuation in prices or volumes of such listed
Private Limited, Ground Floor, D Block, 14-A, Factory Rd., New Delhi 110 029, Occupation: Professional debt securities. The Bonds issued pursuant to Prospectus – Tranche 1 have been listed on the NSE and the
Independent Director; Rajiv B. Lall, DIN: 00131782, Address: IDFC Limited, Naman Chambers, 6th Floor, C- BSE. There has been no trading on the Bonds since its listing since there is a lock-in requirement of 5 years.
32, G-Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051, Occupation: Company Executive, Managing OUTSTANDING LITIGATION AND DEFAULTS : Except as described below, we are not involved in any legal
Director and chief executive officer; Vikram Limaye, DIN: 00488534, Address: IDFC Limited, Naman Chambers, proceedings, and no proceedings are threatened, which may have, or have had, a material adverse effect on
6th Floor, C-32, G-Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051, Occupation: Company Executive; our business, properties, financial condition or operations. We believe that the number of proceedings in which
Whole-time Director. For details of our Directors please refer section “Our Management” on page 69 of the we are involved in is not unusual for a company of its size in the context of doing business in India.
Prospectus - Tranche 2. 1.We are involved in a number of disputes pending with the Income Tax Department with respect to income tax
Committees of the Board of Directors : The Board has constituted committees of Directors, each of which assessments for the assessment years 1997-1998, 1999-2000, 2000-2001, 2001-2002, 2002-2003, 2003-
functions in accordance with the relevant provisions of the Companies Act and the Equity Listing Agreements. 2004, 2004-2005, 2005-2006, 2006-2007, 2007-2008 and 2008-2009. The aggregate income tax liability in
These include, (i) Audit Committee, (ii) Nomination Committee; (iii) Investors’ Grievance Committee, and (iv) dispute is Rs. 723.7 million. 2. In fiscal 2004, we sanctioned and disbursed a loan of Rs. 300 million to Data
Compensation Committee. Access (India) Limited (“DAIL”) for use in connection with its Internet service provider business. As a result of a
OUR SUBSIDIARIES, ASSOCIATES AND JOINT VENTURE COMPANIES: For a list of the Subsidiaries, promoter dispute and a winding up petition filed by one of DAIL’s promoters, the High Court of Delhi on November
Associates and Joint Venture Companies of the Company, please refer page 82 of the Prospectus - Tranche 2. 18, 2005 awarded a winding up order against DAIL and appointed an official liquidator (the “Official Liquidator”)
to take charge of DAIL’s assets. As security against the loan, we hold a number of shares in DAIL. However, a
FINANCIAL INFORMATION
STATEMENT OF CONSOLIDATED PROFITS, AS RESTATED group of new investors filed a suit against us seeking to prevent us from selling DAIL’s shares held by the
Company, and the Madras High Court subsequently passed a temporary order preventing us from disposing of
our shareholding in DAIL. On August 26, 2005, the Company filed a recovery petition in the Debt Recovery
Tribunal, New Delhi against the guarantors under the loan to DAIL, namely Siddharth Ray and SPA Enterprises
Limited for recovery of an amount aggregating to Rs. 314.10 million. In November 2008, the aforesaid guarantors
filed application for stay of proceedings before the Debt Recovery Tribunal which has been dismissed. The
matter is pending. In February 2008, the Company filed an application against DAIL and Canara Bank for
recovery of Rs. 465.40 million in the Debt Recovery Tribunal, New Delhi. The Company prayed for issuing of a
certificate of recovery in its favour by the Debt Recovery Tribunal. Canara Bank has filed its written statement
alleging that the Company does not have first charge over the book debts and receivables of DAIL. The Company
filed its rejoinder to the written statement in November 2009. The matter is pending. 3. Following Vodafone
International Holdings BV’s (“Vodafone”) agreement with Hutchison Telecommunications International Limited
(“HTIL”) for the acquisition of a controlling stake in Hutchison Essar Limited (“HEL”), an organization called the
Telecom Watchdog filed a civil writ petition before the High Court of Delhi alleging breach of the 74% sectoral
cap for foreign direct investment by Vodafone in HEL. The Government, along with 21 other entities, including
our Company were made respondents under this writ petition. The petitioner has alleged that SMMS Investments
Private Limited (which was held 49% by the Company, 49% by IDF and 2% by SSKI Corporate Finance Limited
(now IDFC Capital Limited)) holds its 54.21% investment in Omega Telecom Holdings Private Limited (which in
turn held 5.11% equity interest in HEL) as a nominee of HTIL. On May 7, 2007, the Ministry of Finance, Government
approved the acquisition of a controlling stake in HEL by Vodafone. However on May 10, 2007 Telecom Watchdog
filed an application before the High Court of Delhi for the revival of the civil writ petition. The High Court of Delhi
issued revival notice and granted liberty to Telecom Watchdog to amend the writ petition. Telecom Watchdog
filed writ petition involving Vodafone also as a party. The matter is pending.
OTHER REGULATORY AND STATUTORY DISCLOSURES
Authority for the Issue: The Board of Directors, at its meeting held on August 4, 2010, has approved the issue,
in one or more tranches, of secured, redeemable, non-convertible debentures having benefits under Section
80CCF of the Income Tax Act of face value of Rs. 5,000 each, for an amount not exceeding Rs. 34,000 million
for the financial year 2010-2011. Out of the overall limit of Rs. 34,000 million, the Company has on November
12, 2010, issued Bonds for an aggregate amount of Rs. 4,710.4 million through a public issue of Bonds in terms
of Prospectus – Tranche 1. The second tranche of the Bonds shall be issued on the terms set out in this
STATEMENT OF CONSOLIDATED ASSETS AND LIABILITIES, AS RESTATED
Prospectus – Tranche 2 for an amount not exceeding Rs. 29,289.64 million. In terms of the Notification, the
aggregate volume of issuance of long term infrastructure bonds (having benefits under Section 80CCF of the
Income Tax Act) by the Company during the fiscal year 2011 shall not exceed 25% of the incremental infrastructure
investment made by the Company during the fiscal year 2010. For the purpose of calculating the incremental
infrastructure investment, the aggregate gross infrastructure investments made by the Company during the
financial year 2009-2010 was considered which were Rs. 138,614.40 million and hence the limit for this Issue,
along with the previous tranche and all other subsequent tranches, is Rs. 34,000 million.
Eligibility to come out with the Issue : The Company has not been restrained, prohibited or debarred by SEBI
from accessing the securities market or dealing in securities and no such order or direction is in force.
Consents: Consents in writing of: (a) the Directors, the Compliance Officer, the Statutory Auditors, Bankers to
the Issue and Bankers to the Company; and (b) Lead Managers, Lead Brokers, Registrar to the Issue, Legal
Advisors to the Issue, Credit Rating Agency and the Debenture Trustee to act in their respective capacities,
have been obtained and shall be filed along with a copy of the Prospectus - Tranche 2 with the Registrar of
Companies, Tamil Nadu. IDBI Trusteeship Services Limited has given its consent for appointment as Debenture
Trustee under regulation 4(4) of the SEBI Debt Regulations.
Expert Opinion: The Company has not obtained any expert opinions.
Common form of Transfer: The Company undertakes that there shall be a common form of transfer for the
Tranche 2 Bonds held in physical form and the provisions of the Companies Act and all applicable laws shall be
duly complied with in respect of all transfer of the Tranche 2 Bonds and registration thereof.
Minimum Subscription: In terms of the SEBI Debt Regulations, an issuer undertaking a public issue of debt
securities is required to disclose the minimum amount of subscription that it proposes to raise through the issue
in the offer document. In the event that an issuer does not receive the minimum subscription disclosed in the
offer, all application moneys received in the public issue are required to be refunded forthwith. SEBI has, by
way of letter no. IMD/DF1/OW/17383/2010 dated August 25, 2010, exempted the Company from specifying the
minimum level of subscription for the Issue. Consequently, there is no minimum subscription amount for the
Tranche 2 Bonds.
Previous Public or Rights Issues by the Company during last five years: Other than the public issue of
Bonds under the first tranche on the terms set out in Prospectus – Tranche 1 for an amount aggregating to Rs.
4,710.4 million, the Company has not undertaken any public or rights issue during the last five years.
Commission or Brokerage on Previous Public Issues: The Company paid an aggregate amount of Rs.
340.6 million on account of fees for management, underwriting and selling commission, and out of pocket
expenses in relation to its public offer of equity shares undertaken in August 2005. The Company paid an
aggregate amount of approximately Rs. 340.5 million on account of fees for management, underwriting and
8 INFRASTRUCTURE DEVELOPMENT FINANCE COMPANY LIMITED
THE PROSPECTUS - TRANCHE 2
selling commission, and out of pocket expenses in relation to its public offer of Bonds undertaken in terms of
Prospectus – Tranche 1.
Details regarding the capital issue during the last three years by listed companies, which may be
considered under the same management with the Company, within the meaning of section 370(1B) of
the Act : None of the companies under the same management with the Company, within the meaning of
section 370(1B) of the Companies Act, are listed.
Change in auditors of the Company during the last three years : The Company has not changed its Statutory
Auditors during the last three years.
Revaluation of assets: The Company has not revalued its assets in the last five years.
Utilisation of Proceeds: Statement by the Board of Directors: (i) All monies received out of the Issue of the
Tranche 2 Bonds to the public shall be transferred to a separate bank account other than the bank account
referred to in sub-section (3) of section 73 of the Companies Act; (ii) Details of all monies utilised out of the Issue
referred to in sub-item (i) shall be disclosed under an appropriate separate head in our balance sheet indicating
the purpose for which such monies were utilised; and (iii) Details of all unutilised monies out of the Issue
referred to in sub-item (i), if any, shall be disclosed under an appropriate separate head in our balance sheet
indicating the form in which such unutilised monies have been invested. The funds raised by us from previous
bonds issues have been utilised for our business as stated in the respective offer documents.
Disclaimer clause of NSE: AS REQUIRED, A COPY OF THIS OFFER DOCUMENT HAS BEEN SUBMITTED
TO NATIONAL STOCK EXCHANGE OF INDIA LIMITED (HEREINAFTER REFERRED TO AS NSE). NSE HAS
GIVEN VIDE ITS LETTER REF.: NSE/LIST/147588-P DATED SEPTEMBER 23, 2010 PERMISSION TO THE
ISSUER TO USE THE EXCHANGE’S NAME IN THIS OFFER DOCUMENT AS ONE OF THE STOCK
EXCHANGES ON WHICH THIS ISSUER’S SECURITIES ARE PROPOSED TO BE LISTED. THE EXCHANGE
HAS SCRUTINIZED THIS DRAFT OFFER DOCUMENT FOR ITS LIMITED INTERNAL PURPOSE OF DECIDING
ON THE MATTER OF GRANTING THE AFORESAID PERMISSION TO THIS ISSUER. IT IS TO BE DISTINCTLY
UNDERSTOOD THAT THE AFORESAID PERMISSION GIVEN BY NSE SHOULD NOT IN ANY WAY BE
DEEMED OR CONSTRUED THAT THE OFFER DOCUMENT HAS BEEN CLEARED OR APPROVED BY
NSE; NOR DOES IT IN ANY MANNER WARRANT, CERTIFY OR ENDORSE THE CORRECTNESS OR
COMPLETENESS OF ANY OF THE CONTENTS OF THIS OFFER DOCUMENT; NOR DOES IT WARRANT
THAT THIS ISSUER’S SECURITIES WILL BE LISTED OR WILL CONTINUE TO BE LISTED ON THE
EXCHANGE; NOR DOES IT TAKE ANY RESPONSIBILITY FOR THE FINANCIAL OR OTHER SOUNDNESS
OF THIS ISSUER, ITS PROMOTERS, ITS MANAGEMENT OR ANY SCHEME OF PROJECT OF THIS ISSUER.
EVERY PERSON WHO DESIRES TO APPLY FOR OR OTHERWISE ACQUIRE ANY SECURITIES OF THIS
ISSUER MAY DO SO PURSUANT TO INDEPENDENT INQUIRY, INVESTIGATION AND ANALYSIS AND SHALL
NOT HAVE ANY CLAIM AGAINST THE EXCHANGE WHATSOEVER BY REASON OF ANY LOSS WHICH
MAY BE SUFFERED BY SUCH PERSON CONSEQUENT TO OR IN CONNECTION WITH SUCH
SUBSCRIPTION/ ACQUISITION WHETHER BY REASON OF ANYTHING STATED OR OMITTED TO BE
STATED HEREIN OR ANY OTHER REASON WHATSOEVER.”
Disclaimer clause of BSE: BOMBAY STOCK EXCHANGE (“THE EXCHANGE”) HAS GIVEN VIDE ITS LETTER
DATED SEPTEMBER 21, 2010, PERMISSION TO THIS COMPANY TO USE THE EXCHANGE’S NAME IN
THIS OFFER DOCUMENT AS ONE OF THE STOCK EXCHANGES ON WHICH THIS COMPANY’S SECURITIES
ARE PROPOSED TO BE LISTED. THE EXCHANGE HAS SCRUTINUZED THIS OFFER DOCUMENT FOR
ITS LIMITED INTERNAL PURPOSE OF DECIDING ON THE MATTER OF GRANTING THE AFORESAID
PERMISSION TO THIS COMPANY. THE EXCHANGE DOES NOT IN ANY MANNER: (I) WARRANT, CERTIFY
OR ENDORSE THE CORRECTNESS OR COMPLETENESS OF ANY OF THE CONTENTS OF THIS OFFER
DOCUMENT; OR (II) WARRANT THAT THIS COMPANY’S SECURITIES WILL BE LISTED AND WILL
CONTINUE TO BE LISTED ON THE EXCHANGE; OR (III) TAKE ANY RESPONSIBILITY FOR THE FINANCIAL
OR OTHER SOUNDNESS OF THIS COMPANY, ITS PROMOTERS, ITS MANAGEMENT OR ANY SCHEME
OR PROJECT OF THIS COMPANY, AND IT SHOULD NOT FOR ANY REASON BE DEEMED OR CONSTRUED
THAT THIS OFFER DOCUMENT HAS BEEN CLEARED OR APPROVED BY THE EXCHANGE. EVERY
PERSON WHO DESIRES TO APPLY FOR OF OTHERWISE ACQUIRES ANY SECURITIES OF THIS COMPANY
MAY DO SO PURSUANT TO INDEPENDENT INQUIRY, INVESTIGATIN AND ANALYSIS AND SHALL NOT
HAVE ANY CLAIM AGAINST THE EXCHANGE WHATSOEVER BY REASON OF ANY LOSS WHICH MAY BE
SUFFERED BY SUCH PERSON CONSEQUENT TO OR IN CONNECTION WITH SUCH SUBSCRIPTION/
ACQUISITION WHETHER BY REASON OF ANYTHING STATED OR OMITTED TO BE STATED HEREIN OF
FOR ANY OTHER REASON WHATSOEVER
Disclaimer clause of RBI: THE COMPANY IS HAVING A VALID CERTIFICATE OF REGISTRATION DATED
JUNE 23, 2010 ISSUED BY THE RESERVE BANK OF INDIA UNDER SECTION 45I-A OF THE RESERVE
BANK OF INDIA ACT, 1934. HOWEVER, THE RESERVE BANK OF INDIA DOES NOT ACCEPT ANY
RESPONSIBILITY OR GUARANTEE ABOUT THE PRESENT POSITION AS TO FINANCIAL SOUNDNESS
OF THE COMPANY OR CORRECTNESS OF ANY OF THE STATEMENTS OR REPRESENTATIONS MADE
OR OPINIONS EXPRESSED BY THE COMPANY AND FOR REPAYMENT OF DEPOSITS / DISCHARGE OF
LIABILITIES BY THE COMPANY.
Listing : The Tranche 2 Bonds will be listed on NSE and BSE. If the permissions to deal in and for an official
quotation of the Tranche 2 Bonds are not granted by the Stock Exchanges, the Company shall forthwith repay,
without interest, all such moneys received from the Applicants in pursuance of the Prospectus - Tranche 2. If
such money is not repaid within eight days after the Company becomes liable to repay it (i.e. from the date of
refusal or within seven days from the Issue Closing Date, whichever is earlier), then the Company and every
Director of the Company who is an officer in default shall, on and from such expiry of eight days, be liable to
repay the money, with interest at the rate of 15% p.a. on application money, as prescribed under Section 73 of
the Companies Act. The Company shall ensure that all steps for the completion of the necessary formalities for
listing and trading permission of Tranche 2 Bonds on the Stock Exchange(s) mentioned above are taken within
7 Working Days from the date of Allotment.
Dividend : The following table sets forth certain details regarding the dividend paid by the Company on the
Equity Shares for Fiscal 2008, 2009 and 2010:(In Rs. million, except per share data): Particulars: Fiscal 2008;
Fiscal 2009; Fiscal 2010: Face value of Equity Shares (Rs. per share); 10; 10; 10; Interim dividend on Equity
Shares (Rs. per share): -; -; -; Final dividend of Equity Shares (Rs. per share); 1.2; 1.2; 1.5; Total dividend on
Equity Shares; 1,555.7; 1,555.5; 1,951.3;Dividend tax (gross): 264.4; 264.3; 324.1
Mechanism for redressal of investor grievances : Karvy Computershare Private Limited has been appointed
as the Registrar to the Issue to ensure that investor grievances are handled expeditiously and satisfactorily and
to effectively deal with investor complaints. The MoU between the Registrar to the Issue and the Company will
provide for retention of records with the Registrar to the Issue for a period of at least three years from the last
date of despatch of the letters of allotment, demat credit and refund orders to enable the investors to approach
the Registrar to the Issue for redressal of their grievances. All grievances relating to the Issue should be addressed
to the Registrar to the Issue giving full details of the Applicant, number of Tranche 2 Bonds applied for, amount
paid on application and the bank branch or collection centre where the application was submitted etc.With
respect to issue and allotment of Bonds pursuant to Prospectus-Tranche 1, the Company received complaints
or request from investors about the status of their applications or allotment of bonds, or change or correction in
bank mandate or address, non receipt of letter of advice or bond certificate, non-credit of bonds to their
dematerialized accounts etc. The details of complaints received, resolved and pending disposal as on January
4, 2010 are as follows: : Type of Complaints; No. of Complaints Received; No. of Complaints Attended;
No. of Complaints Pending: Physical Letters; 20,288; 18,686; 1,602; Emails; 9,087; 8,471; 666; Total;
29,375; 27,107; 2,268
MATERIAL CONTRACTS AND DOCUMENTS FOR INSPECTION: Copy of Material Contracts and other
Docuements refer of page 128 of the Prospectus - Tranche 2 may be inspected at the Corporate Office of the
Company situated at Naman Chambers, C-32, G-Block, Bandra-Kurla Complex, Bandra (East), Mumbai 400
051, from 10.00 a.m. to 1.00 p.m., from the date of this Prospectus - Tranche 2 until the date of closure of the
Issue.
DECLARATION: No statements made in this Prospectus - Tranche 2 shall contravene relevant provisions of the
Act and the SEBI Debt Regulations. All the legal requirements connected with the said Issue as also the guidelines,
instructions etc. issued by SEBI, Government and any other competent authority in this behalf have been duly
complied with. We confirm that this Prospectus - Tranche 2 does not omit disclosure of any material fact which
may make the statements made therein, in light of circumstances under which they were made, misleading. We
further certify that all statements in this Prospectus - Tranche 2 are true and correct.
Yours faithfully,
Deepak S. Parekh , Bimal Julka , S.S. Kohli , Abdul Rahim Abu Bakar , Dimitris Tsitsiragos, S.H. Khan, Gautam
Kaji, Donald Peck, Shardul Shroff, Omkar Goswami , Rajiv B. Lall , Vikram Limaye
Place: Mumbai.
Date: January 4, 2011
FOR FURTHER DETAILS, PLEASE REFER TO THE PROSPECTUS - TRANCHE 2