Power Finance Corporation (PFC) NCD 2019 Tranche-I
(i) The Company is one of the leading financial institutions in India, focused on the power sector. The Company is a listed GoI company and a public financial institution under the Companies Act, 2013 and a registered with the RBI as a non-deposit taking systemically important NBFC, and was classified as an IFC on July 28, 2010.
(ii) The Company plays a strategic role in the initiatives of the GoI for the development of the power sector in India and works with GoI agencies,state governments, power sector utilities, other power sector intermediaries and private sector clients for the development and implementation of policies and for structural and procedural reforms in the power sector in India.
(iii) The Company provides a comprehensive range of financial products and other services to the clients in the power sector, including:
a) Services ranging from project conceptualization to the post-commissioning stage, including generation (conventional and renewable), transmission and distribution projects, and related renovation and modernization projects;
b) Various forms of fund-based assistance, including long-term project finance, short-term loans, buyers’ lines of credit, underwriting of debt and debt refinancing schemes.
c) Various forms of non-fund based assistance including default payment guarantees, credit enhancement guarantees, and letters of comfort.
Objective of NCD Power Finance Corporation (PFC) NCD 2019 Tranche-I:
Power Finance Corporation (PFC) NCD 2019 Tranche-I Details:
Face Value: | ₹ 1000 Per NCD |
Listing At: | NSE |
Promoters:
Credit Rating:
to be updated shortly
Interest Rates:
to be updated shortly
Post Tax returns:
to be updated shortly
Recommendation:
to be updated shortly
Lead Manager of Power Finance Corporation (PFC) NCD 2019 Tranche-I:
- A. K. Capital Services Limited
- Edelweiss Capital Limited
- JM Financial Consultants Private Limited
- Karvy Investor Services Limited
- Trust Investment Advisors Private Limited
Registrar of Power Finance Corporation (PFC) NCD 2019 Tranche-I:
- Karvy Computershare Private Limited
Discussion on Power Finance Corporation (PFC) NCD 2019 Tranche-I:
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The DRHP is available at:
https://d2un9pqbzgw43g.cloudfront.net/main/PFC_DSP_25092019.pdf