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AN INTRODUCTION :
Canara Bank is also one of the leading " Merchant Bankers " in India, offering specialized services to Banks, PSUs, State owned Corporations, Local Statutory bodies and Corporate sector.
We are SEBI registered Category I Merchant Banker to render Issue Management (Public / Rights / Private Placement Issues), Underwriting, Consultancy and Corporate Advisory Services etc.
We also hold SEBI Certificate to act as "Bankers to an Issue" with network of exclusive Capital Market Service Branches and designated CBS Branches to handle collecting / Refund / Paying Banker assignments.
We do undertake "project appraisals" with linkage to resource raising plans from Capital Market/ Debt Markets and facilitate tie-ups with Banks / Financial Institutions and Potential Investors.
Our uniqueness is extending services through single window concept covering the following areas:
- Merchant Banking
- Commercial Banking
- Investments
- Bankers to Issue - Escrow Bankers
- Underwriting
- Loan Syndication
As leading Merchant Bankers in India, we have associated with issues involving various types of industries, banks, statutory Bodies etc. and have an edge in handling Private Placement issues – both retail & HNIs.
SPECTRUM OF SERVICES:
- Equity Issue (Public/Rights) Management
- Debt Issue Management
- Private Placements
- Project Appraisals
- Monitoring Agency Assignments
- IPO Funding
- Security Trustee Services
- Agriculture Consultancy Services
- Corporate Advisory Services
- Mergers and Acquisitions
- Buy Back Assignments
- Share Valuations
- Syndication
- ESOS Certification
ISSUE MANAGEMENT SERVICES :
- Project Appraisal
- Capital structuring
- Preparation of offer document
- Tie Ups (placement)
- Formalities with SEBI / Stock Exchange / ROC etc.,
- Underwriting
- Promotion /Marketing of Issues
- Collecting Banker / Banker to an issue
- Post Issue Management
- Refund Bankers
- Debenture Trusteeship
- Registrar & Transfer Agency ( our Subsidiary)
We constantly update the list of Potential Investors - Institutions, Provident, Pension & Gratuity Funds, High Net Worth Individuals and others and continuously assess their investment appetite and help issuers in effective marketing of the products.
CONTACT INFORMATION :
For any other information please contact any of the following persons in the dedicated team of our Merchant Banking Divisions / Capital Market Service Branches:
CORPORATE MERCHANT BANKING DIVISION
HEAD OFFICE,
112 J C ROAD
BANGALORE-560 002 |
Mr. G SURESH KUMAR,
ASSISTANT GENERAL MANAGER
Mr. K R S MURTHY
SENIOR MANAGER |
080- 22130071
080- 22233771 |
sureshkumarg@canarabank.com
hocmbd@canarabank.com |
MERCHANT BANKING DIVISION,
VERMA CHAMBERS,
MEZZANINE FLOOR,
11, HOMJI STREET, FORT,
MUMBAI – 400 001 |
Mr. K.S. PRASANNA
DIVISIONAL MANAGER |
022- 22677405 |
mbdcomcity@canarabank.com |
MERCHANT BANKING DIVISION,
DCM BUILDING,
16 BARAKHAMBA ROAD,
NEW DELHI-110 019 |
Mr. VIKRAM DUGGAL
DIVISIONAL MANAGER
MR. S.P. VERMA
MANAGER |
011- 23323891 |
mbdcodel@canarabank.com
vikramduggal@canarabank.com
shivapriyaverma@canarabank.com |
MERCHANT BANKING DIVISION,
PRIME CORPORATE BRANCH,
GR FLOOR, SPENCER TOWER-I,
770 A, ANNA SALAI,
CHENNAI-600002 |
MANAGER |
044-
28497011 |
mbdcochn@canarabank.com |
CAPITAL MARKET SERVICE BRANCH,
JEEVAN BHARTI BUILDING,
TOWER-II, SANSAD MARG,
NEW DELHI-110 001 |
MR. KANSAL C R
SENIOR MANAGER |
011-
23356864 |
cb2471@canarabank.com |
CAPITAL MARKET SERVICE BRANCH,
VERMA CHAMBERS,
GF, 11, HOMJI STREET,
FORT, MUMBAI-400 001 |
MR. NANDKUMAR G NIKAM
MANAGER |
022-
22692973 |
cb2422@canarabank.com |
CAPITAL MARKET SERVICE BRANCH,
NARAYAN CHAMBER,
GROUND FLOOR,
NEHRU BRIDGE CORNER,
ASHRAM ROAD,
AHMEDABAD-380 009 |
MR. ANAND GARG
MANAGER |
079-
26578837 |
cb2496@canarabank.com |
A S B A [Applications Supported by Blocked Amount]
Applications Supported by Blocked Amount [ASBA] is an initiative by SEBI to make the process of Subscription to Capital Issues (Primary) more efficient. Under this system, the application money will remain in the account of the customer, earning interest till the basis of allotment of shares is completed.
We have provided this facility to our CASA account holders intending to invest in capital issues. (both public and right issues).
A hold is created in the account of the customer to the extent of shares applied for and the same is released after the finalization of Basis of Allotment. The blocked amount is transferred to the issuer company to match the quantum of shares allotted.
The following are the requirement for applying through the ASBA process by the Account holder:
- Account holder / Investor should be from the approved category eligible to apply as per SEBI guidelines.
- Should have a Savings or Current account with us.
- Should have a Demat Account with a Depository Participant.
- Should have a Permanent Account Number (PAN).
- Availability of sufficient balance in the account for creating a hold in the account to the extent of application money required/mentioned in the ASBA application.
The following options are available to the ASBA investor:
- A maximum of 5 applications can be submitted from a single account
- ASBA Application can be submitted at any of our 152 Designated Branches.
- Option available to the investor to revise the bid/delete the bid within the bidding period.
- ASBA facility extended through IMB for our retail IMB clients.
Click http://www.nseindiaipo.com/issueforms/html/index.html to download ASBA application forms.
INVESTMENT OPPORTUNITY IN 54 EC CAPITAL GAINS TAX EXEMPTION BONDS"
The Capital Gain Bond Issues of Rural Electrification Corporation of India Ltd (REC Ltd) and National
Highway Authority of India (NHAI) are at present open for subscription.
RURAL ELECTRIFICATION CORPORATION AND NATIONAL HIGHWAY AUTHORITY OF INDIA
| Credit Rating |
'AAA' Stable by CRISIL, 'LAAA' by ICRA,'CARE AAA' by CARE 'AAA(ind) by Fitch Ratings |
"AAA"/Stable by CRISIL, "AAA" (ind) by Fitch Ratings |
| Face Value |
10,000/- per Bond |
10,000/- per Bond |
| Issue Price |
10,000/- per Bond |
10,000/- per Bond |
| Issue Opening Date |
01.04.2011 |
01.04.2011 |
| Issue Closing Date |
31.03.2012 |
31.03.2012 ( or at a Date as may be decided by NHAI at its absolute discretion |
| Mode of Issue |
Private Placement |
Private Placement |
| Minimum Application Size |
One Bond of 10,000/- |
One Bond of 10,000/- |
| Maximum Application Size |
500 Bonds of 10,000/- each ( 50 Lakhs ) |
500 Bonds of 10,000/- each (50 Lakhs) subject to fulfillment of other conditions as specified in Income Tax Act. |
| Mode of Subscription |
100% on application |
100% on application |
| Cheque / Draft to be drawn in the name of |
"RURAL ELECTRIFICATION CORPORATION LTD – 54 EC BONDS'' |
"NATIONAL HIGHWAYS AUTHORITY OF INDIA " |
| Deemed Date of Allotment |
Last day of each month in which the subscription money is received and credited to REC account |
Last day of each month during which the application amount has been cleared and credited to NHAI's collection account. |
| Tenor |
3 Years from the deemed date of allotment |
3 Years |
| Redemption/Maturity |
At par, at the end of 3 years from the deemed date of allotment. |
Bullet at the time of Maturity after 3 years |
| Lock in period |
3 Years |
3 Years |
| Transfer |
Non- Transferable |
The Bonds are Non- Transferable, Non negotiable and cannot be offered as a security for any loan or advance. |
| Trustee |
IDBI Trusteeship Services Ltd, Mumbai. |
Syndicate Bank, New Delhi-110 001 |
| Registrars |
RCMC Share Registry (P) Ltd
B-106, Sector-2, NOIDA, U.P.-201301
Ph:0120-4015880-81,
FAX:0120-2444346
E-mail: bonds@rcmcdelhi.com
investorcell@recl.nic.in |
M/s Beetal Financial & Computer Services
(P) Ltd "Beetal House", 3rd Floor, 99, Madangir Behind Local shopping Centre,
New Delhi-110062
Phone:011- 29961281-83, Fax:011-29961284
email: beetal@beetalfinancial.com |
| Interest Payment |
Annual |
Annual |
| Coupon Rate |
6.00% Payable annually on 30th June |
6.00% payable annually. |
| Documents to be provided by all Investors |
- Self attested copy of PAN (in case of Joint application, self attested PAN copy of all applicants) or Form 60
- Photo copy of cancelled cheque for ECS facility.
- Address Proof.
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- Self attested copy of PAN (In case of Joint application, self attested PAN copy of all applicants)
- Photo copy of cancelled cheque for NECS / ECS facility.
- Address Proof.
|
| Other information |
The Investors are advised to check the terms & conditions including rate of interest prevailing at the time of applying for the Bonds. |
Terms of Private placement and
Coupon rate are subject to change as per absolute discretion of NHAI. |
WE ARE " ARRANGERS " and " COLLECTING BANKERS " to the Issues.
FOR FURTHER INFORMATION / APPLICATION FORMS PLEASE CONTACT CORPORATE MERCHANT BANKING DIVISION, HO /OUR MBDs/CMSBs listed under contact information. |