NATIONAL STOCK EXCHANGE OF INDIA LIMITED DEPARTMENT : IPO MARKET SEGMENT Download Ref No : NSE/CMTR/31285

Date : December 04, 2015

Circular Ref. No : 15 / 2015 All Members, Public Issue of Tax Free secured redeemable non-convertible bonds by M/s Indian Railway Finance Corporation Limited M/s Indian Railway Finance Corporation Limited has approached the Exchange for usage of online bidding platform for the public Issue of tax free, secured, redeemable, non-convertible bonds in the nature of debentures. The security parameters, details of the live and mock session are given below:

Issue Period Market timings Mock URL

Mock Bidding Details 07-Dec-2015 10.00 a.m. to 5.00 p.m http://121.241.2.63/asbanew/bids/

Live Bidding Details Issue Period 08-Dec-2015 to 21-Dec-2015 Post issue Modification Period 22-Dec-2015 Market timings 10.00 a.m. to 5.00 p.m Live URL: https://www.nseindiaipo.com E-forms Link : http://www.nseindiaipo.com/issueforms/html/index.html

Regd. Office: Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051

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Parameters

Security Name Symbol Series

Issue Size Security Type Issue Price Face Value Market Lot Minimum Application

Indian Railway Finance Corporation Limited IRFCTFB15 S1 - 7.07 % 10 years, for Category I, II & III S2 - 7.28% 15 years, for Category I, II & III S3 - 7.25% 20 years, for Category I, II & III S4 - 7.32% 10 years, for Category IV S5 - 7.53% 15 years, for Category IV S6 - 7.50% 20 years, for Category IV Rs.1,00,000 lakhs with an option to retain oversubscription up to Rs. 3,53,200 lakhs aggregating to Rs. 4,53,200 lakhs Tax Free Secured Redeemable Non-Convertible Bonds Rs 1000 /- per Bond Rs 1000 /- per Bond 1 (one) Bond 5 (Five) NCDs (Rs. 5,000) either taken individually or collectively across all series of Bonds

Application number, series and Quantity will not be permitted to be modified during the bidding period.

Sr. No. 1 2 3 4

Main Category Category I Category II Category III Category IV

Minimum Application Value

Maximum Application Value

Rs. 5,000 Rs. 5,000 Rs. 10,01,000 Rs. 5,000

Rs.4,53,200 Lakhs Rs.4,53,200 Lakhs Rs.4,53,200 Lakhs Rs. 10,00,000

Regd. Office: Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051

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The category of the investors who will be participating for placing in the book-building process is defined and is as follows: Sr.No

Category

1 1(a)

Category I (“Qualified Institutional Buyers”) (“QIBs”) Public Financial Institutions Alternative Investment Funds, subject to investment conditions applicable to them under the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 Scheduled commercial banks Mutual Funds registered with SEBI State industrial development corporations Insurance companies registered with the IRDA Provident funds with a minimum corpus of Rs 25 crore Pension funds with a minimum corpus of Rs 25 crore The National Investment Fund set up by resolution F. No. 2/3/2005-DDII dated November 23, 2005 of the GOI, published in the Gazette of India Insurance funds set up and managed by the army, navy, or air force of the Union of India FPI/FII & subaccounts (other than a sub account which is a foreign corporate or foreign individual) / QFI not being an individual and registered with SEBI Insurance funds set up and managed by the Department of Posts, India, Resident Multilateral and bilateral development financial institutions Multilateral and bilateral development financial institutions Category II (“Corporates”) Companies within the meaning of section 2(20) of the Companies Act 2013 Limited Liability Partnerships registered under the provisions of LLP Act, 2008. Societies registered under applicable laws in India and authorised to invest in the Bonds Statutory bodies/corporations Trusts including Public / Private / Charitable / Religious Trusts Partnership firms in the name of their respective partners Cooperative banks Regional rural banks Association of Persons QFIs and FPIs not being individuals Any other domestic legal entities/ persons as may be permissible under CBDT notification and authorised to invest in the bond. Category III (“High Networth Individuals”) (“HNIs”) Resident Indian individuals Hindu Undivided Families through the Karta QFIs & FPIs being individuals

1(b) 1(c) 1(d) 1(e) 1(f) 1(g) 1(h) 1(i) 1(j)

1(k) 1(l) 1(m) 1(n) 2 2(a) 2(b) 2(c) 2(d) 2(e) 2(f) 2(g) 2(h)) 2(i) 2(j) 2(k) 3 3(a) 3(b) 3(c)

Regd. Office: Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051

Sub category code

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11 12

13 14 15 16 17 18 19 20 35

55 56 57 21 22 23 24 25 26 28 29 30 36 58

31 32 33

3(d) 3(e) 4 4(a) 4(b) 4(c) 4(d) 4(e)

Eligible Non-Resident Indians applying on a repatriation basis Eligible Non-Resident Indians applying on a non-repatriation basis Category IV (“Retail Individual Investors”) (“RIIs”) Resident Indian individuals Hindu Undivided Families through the Karta QFIs & FPIs being individuals Eligible Non-Resident Indians applying on a repatriation basis Eligible Non-Resident Indians applying on a non-repatriation basis

34 37 41 42 43 44 45

Members may please note that Trading Member(s) of the Exchange who are not empanelled as Syndicate /Sub-syndicate are also eligible to participate in the bidding process as per the guidelines issued by SEBI vide circular CIR. /IMD/DF-1/20/2012 dated July 27, 2012. For and on behalf of National Stock Exchange of India Ltd Binoy Yohannan Manager

Toll Free No 1800 266 0053

Fax No 022-26598447

Email id [email protected]

Regd. Office: Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051

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